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19.03.2009, 10:36

Revised budget goes into deficit

Russia’s revised budget for 2009, which the Duma is expected to adopt on Thursday, delivers higher spending but falls into deficit.

19.03.2009, 09:12

Migrant workers among worst-affected by crisis

Around six million people are unemployed in Russia, according to the country's president, Dmitry Medvedev. And it’s migrant workers from the former Soviet Republics who are among the worst-hit.

15.03.2009, 11:07 1 comment

‘Crisis is a strength test’ - Medvedev

The crisis that developed at a rapid pace is a period of purification for Russian business. Those who endure it will come out stronger and more efficient, according to Russian president Dmitry Medvedev

Vladimir Putin (AFP Photo / RIA Novosti / Pool / Alexey Nikolsky) 14.03.2009, 15:44 3 comments

'Putin is a workaholic'

In light of the global economic crisis, Prime Minister Vladimir Putin is working harder than ever to find solutions to the problem, says Dmitry Peskov, Putin's spokesman.

19.03.2009, 20:09

Kremlin comes clean in crisis

With governments around the globe being taken to task over their anti-crisis measures, officials are showing an unprecedented willingness to debate their economic stimulus initiatives in the public spotlight.

27.02.2009, 21:56 2 comments

Crisis far from being over – Putin

Russian Prime Minister Vladimir Putin has warned that the economic crisis has yet to hit bottom. Russia, he said, would have a tough year, but would make it through.

Russian Prime Minister Vladimir Putin (C) tours the BaselCement factory in Pikalevo on June 4, 2009 (AFP Photo / RIA Novosti / Pool / Alexey Nikolsky) 04.06.2009, 19:54 1 comment

Putin takes on desperation of crisis-hit town

Russian Prime Minister Vladimir Putin has rounded on closed enterprise bosses and local officials, demanding that wages be paid out by the end of Thursday. The money is reported to have already been transferred.

Sergey Mironov 03.02.2010, 15:07 12 comments

Parliament speaker could be dismissed over anti-Putin remarks

Russia’s ruling United Russia party has said they may demand the resignation of the Federation Council speaker Sergey Mironov over his criticism of Prime Minister Vladimir Putin’s policies.

29.04.2010, 17:35 7 comments

Era of confrontation with Russia over– Ukrainian President

On Thursday Dmitry Medvedev and Viktor Yanukovich signed the bill ratifying the agreement on Russia’s Black Sea fleet in Ukraine.

25.06.2009, 20:42 7 comments

Is California going bankrupt?

California, America’s most populous state, has a projected $24.3 billion budget deficit for the coming year, and may start issuing IOUs starting next week.

Russia may face years of budget deficit – Putin

Published: 20 March, 2009, 05:50


Russia will most probably have to deal with a budget deficit for years to come, Prime Minister Vladimir Putin warned on Thursday.

 
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