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breakingnews
09.07.2010, 13:10
1 comment
The Russian consumer has been an attractive proposition for global investors for a long time, pushing Russia into second spot in 2009 as a place to do business. But it's slumped this year to 10th place.
09.07.2010, 12:02
1 comment
Russian finance minister, Alexey Kudrin, has proposed increasing the retirement age for Russians, with experts agreeing the problem should be urgently addressed.
08.07.2010, 14:45
The €200 million Eurobond default by International Industrial Bank, or IIB has thrown the financing of the Russian banking system into the spotlight, but analysts say it is likely to be a one off event.
01.09.2009, 10:32
1 comment
Russian private schools, including those oldest and most distinguished, have slashed fees for families hit by the economic crisis.
12.08.2010, 11:10
An expected rebound in Russian inflation rates during the second half of this year has economists saying it’s a matter of when not if the central bank lifts interests’ rates.
26.07.2010, 15:24
The one upside of Russia’s economic downturn has been the scope for reining in Russia’s hitherto out of control inflation rate, but economic analysts say the hard road is ahead.
14.08.2009, 19:13
1 comment
Monday marks the anniversary of the 1998 shock when Russia defaulted on its debt. The Rouble's devaluation then set the stage economic growth but this time around, Economists forecast years of slow growth for Russia.
23.09.2009, 16:27
1 comment
Russian stocks are pushing beyond their highest levels in a year with focus increasingly returning to the longer term Russian growth outlook, and cheap valuations.
16.02.2010, 17:49
1 comment
The head of British bank Barclays PLC, which has announced a doubling of net profit in its 2009 to $14.71 billion, says emerging markets like Russia have played a key part in the turnaround.
17.03.2010, 15:42
1 comment
Russian tourist numbers began to climb over December and January, with numbers in 8 of the 12 largest Russian tourist destinations above the 2008 and 2009 figures according to a Kommersant report.
Published: 09 July, 2010, 17:54
Edited: 12 July, 2010, 11:36
With the global economic outlook becoming increasingly volatile as 2009’s stimulus measures recede and debts become the focus analysts say that Russia is well placed.
My opinion is the only way out of this global mess is to concentrate on local markets with bilateral trade agreements. The global market was created by America for America. Their market decreased in production and became a consumer market. Their obscene amount of debt will bring an end to these global systems and fiat currencies. We haven't had the real depression yet. US hasn't had "Austerity Measures like EU because it just prints cash endlessly. Russia better expand its domestic market and not rely on natural resources because it will lose a lot of money when the consumers of natural resources won't be able to afford the prices. People shouldn't rely on China either as they are building empty cities just to keep their work forces busy.