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breakingnews
11.10.2010, 13:08
Russian fixed line provider, Rostelecom, has posted a 1H 2010 Net Profit of 1.9 billion Roubles under IFRS.
11.10.2010, 11:48
Russia topped Europe’s charts in September for the largest amount of retail construction underway. But even though it’s surpassed Turkey and France, retailers say the size, location and number of shops remain inadequate.
08.10.2010, 18:52
The EBRD is believed to be in the box seat to buy a 10% stake in the RTS Russian stock market.
08.10.2010, 18:11
4 comments
With Finance ministers and heads of the Central banks calling for a halt to the currency wars, experts say commodity rich Russia remains a safe harbor.
12.10.2009, 20:50
1 comment
Speculation about dropping the dollar as the key trading currency, which would be of interest for the Russia-China partnership, aren’t realistic, said Natalia Zaderey from the Institute of Far Eastern Studies in Moscow.
14.11.2009, 14:50
Dmitry Medvedev has called for the lifting of trade restrictions at the APEC summit in Singapore. The Russian president also said the financial crisis has taught countries to work together against common threats.
18.06.2010, 02:06
The number of people filing new claims for unemployment benefits in the US has jumped after three previous declines, a sign layoffs have not slowed.
19.08.2010, 10:54
Russia`s biggest lender, Sberbank says it is happy with its performance over the first half of the year and confirms it is on course to achieve its full year targets.
08.02.2010, 03:19
17 comments
For 40 years the US was the dominant economic power, but today China and India are emerging and there is a complete change internationally, former World Bank president James Wolfensohn told RT at Davos.
15.09.2009, 09:36
6 comments
The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.
Published: 11 October, 2010, 14:16
Edited: 15 October, 2010, 10:52
The Russian economy has so far coped with the crisis better than other economies, and retains a greater degree of certainty according to finance Minister Alexey Kudrin.
The case of Russia is different becauese the Rouble already was the common currency in all the Republics, and it was the Russian Government of Boris Yeltsin the one which broke the common market and the common currency applying old Socialist ideas. A Market economy consist on a free flow of goods, services, capital and people. And what the Russian Government did by then was the opposite: anti-market inititatives that cost many $billions, and take decades to be reversed (if possible)