breakingnews
12.01.2010, 12:11
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The Moscow hotel market has been one of the fast growing markets in the world. A huge deficit of rooms and rising demand has allowed existing hotels to monopolize but the crisis may have had some positive effects.
15.04.2010, 13:24
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The leaders of the world's top emerging economies are getting together to work out how to jointly fight their corner for a greater say on the big global issues, with looking to take a leading role.
02.11.2009, 13:58
Russian bank, Uralsib, has posted a 1H 2009 Net Loss of 904 million Roubles under IFRS.
03.11.2009, 15:21
A 2% fall in overdue corporate loans in September, on the back of a strengthening Rouble, has helped reduce the non performing loans of Russian banks for the first time in a year.
12.11.2009, 14:36
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On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.
12.03.2010, 14:39
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Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
01.06.2009, 22:02
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The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.
19.03.2010, 13:31
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President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.
29.09.2009, 20:04
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Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.
18.12.2009, 11:24
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Vladimir Putin has ordered an extra $700 million to be pumped into the country’s aircraft manufacturers.
Published: 05 November, 2009, 10:36
Edited: 09 January, 2010, 22:21
Russia's government is predicting a modest 2% GDP growth next year. But many independent economists say the figure could actually be more than double that.
For Russia to increase the number of foreign manufacturers it would be important the data in the Transparency International CPI: going from nº 146 to nº 70 in five years would be a greatly appreciated by international manufacturers trying to establish a factory in the Russian Federation. Different is the case of foreign financial investors, who are guided by short-term data.