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breakingnews
01.12.2009, 10:45
Russian manufacturing contracted further in November, undermining economic recovery prospects amidst sagging demand, according to VTB Capital’s Purchasing Managers Index.
30.11.2009, 20:31
1 comment
Plans by the Central Bank of Russia to add Canadian dollars to Russia’s fiscal reserves have analysts saying the loonie isn’t likely to be become a big player, but that it could help hedge against a sagging U.S. dollar.
30.11.2009, 17:06
Russian Mobile operator, Megafon, has posted a 3Q 2009 Net Income of 11.3 billion Roubles under U.S. GAAP.
13.04.2009, 10:09
1 comment
The world's leading Marxist scholar has exposed passages by Karl Marx that predict the global financial crash and its outcome. Giorgy Bagaturiya claims the world is now shifting to China’s economic model.
18.03.2010, 16:18
1 comment
Russian group, Sintez, and Chinese generating giant Huadian have agreed on Wednesday to set up a joint venture to build a new steam-electric plant in Yaroslavl.
30.05.2009, 16:28
8 comments
Germany's Opel has been sold – with a joint-Russian-Canadian bid the winner in the race to buy one of Europe's oldest and most well-known carmakers.
01.02.2010, 15:36
5 comments
American fast food giant McDonald's plans to open 45 restaurants in Russia in 2010, investing around $3 million in each.
05.06.2009, 07:04
2 comments
The European Commission says Russia will become a member of the World Trade Organization by the end of this year. But both the United States and Europe warn Moscow must first reverse its slide into protectionism.
18.11.2009, 12:22
3 comments
The reported resignation of Stephan Fanderl, head the of Moscow office of Wal-Mart, comes just days after French retail chain Carrefour announced it was pulling out of its attempts to break into the Russian retail market
24.03.2009, 11:59
1 comment
A top psychologist who's proved links between inspiration and schizophrenia has warned against putting power in the hands of the most creative. It comes as the G20 prepares safeguards against out-of-control bankers.
Published: 01 December, 2009, 12:39
Edited: 13 August, 2010, 15:01
The Russian casino industry, which was moved away from major Russian cities to four remote locations in June this year, is finding life tougher in its new homes.
Casinos exist only in irresponsible countries towards their citizens, corrupt governments which are controlled by greedy businesses and corporations. You don’t create jobs by casinos but you create divorces and brake up of families which in the process children suffer the most. These children will end up like their parents where gambling culture is rooted in the society with no hope for the future. Can anyone here tell me if governments which support gambling are good or evil? My God, isn’t this the darkest age in the history of Human Kind?