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breakingnews
23.09.2009, 15:26
2 comments
Russia will raise pensions by 46% next year, as part of a boost in government spending. Prime Minister Vladimir Putin announced the move at a cabinet meeting on Wednesday.
22.09.2009, 21:06
The slump in Moscow's housing market may be near a bottom, after big falls since the market peaked last September. With construction at a standstill, there's already talk of future shortages driving up prices.
22.09.2009, 14:15
London listed, Russia focussed gold miner, Highland Gold, has posted a 1H 2009 net profit of $38.1 million.
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.
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.
29.03.2010, 11:06
In order to help farmers here in Russia, the government is making it more difficult to import foreign produce. But it may be the consumers that end up paying the price.
14.09.2009, 17:41
The Communications Ministry says the Revenues of Russia’s telecommunications services providers increased by more than 8% year on year, with the internet services sector seeing a four fold traffic jump.
15.09.2009, 17:15
A year ago the global economy first shuddered under the impact of the credit crisis. Business RT spoke with Aleksey Moiseev,Deputy Head of Research at Renaissance Capital about the lasting effects.
02.02.2010, 12:43
Interest from foreign companies in Russia's bad debt could lead to the formation of the first ever market for non-performing loans in the country, which is, however, unlikely to make for easy pickings.
16.06.2010, 10:58
Demand and metals has rebounded strongly since the middle of last year, driving prices sharply higher. But mining companies are reluctant to ramp up investment in new projects, which could lead to a supply squeeze.
Published: 23 September, 2009, 16:27
Edited: 24 September, 2009, 06:00
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.
Danger! I hear delusion stepping through the door. The truth is that Russia has a very bright future. However, it is also true that the fundamentals to underpin stable long term growth and wealth are not there. Yes they will come, but they aren't there now. We must therefore celebrate any improvement, but be sober enough to keep tight fiscal control and diversify and balance our economy. Let's keep walking as if on a tightrope, never loosing our concentration, because it is a long way down for our people.