breakingnews
27.06.2009, 00:54
Gazprom has no doubt Ukraine will pay for gas deliveries on time this month. Ukraine’s Naftogas will buy only a third of the gas it contracted for - but without penalties.
26.06.2009, 22:59
Russia’s fishing industry is one of the few sectors growing this year despite the crisis. But the sector is still heavily dependent on imports with Market players saying legislation is holding the industry back.
26.06.2009, 17:42
General Motors wants to keep the right to buy back Opel’s shares, which is giving the Sberbank-Magna consortium doubts about the deal to buy GM's European operations.
01.06.2009, 22:02
6 comments
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.
29.09.2009, 20:04
5 comments
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.
22.01.2010, 17:03
2 comments
A sharp rebound in commodity prices has seen Fitch Ratings move Russia’s credit rating from negative to stable, as PwC says Russia could become the largest European economy in two decades.
11.05.2010, 13:59
4 comments
Business RT spoke with Chris Weafer, Chief Strategist at Uralsib about the decision by Eurozone nations to agree to a €750 billion bailout mechanism to protect the European currency.
25.06.2009, 10:46
3 comments
The economic crisis is changing the structure of Russia's population, boosting the number of poor and cutting the middle class. It's part of the World Bank’s forecast for this year - and it just got more gloomy.
07.05.2010, 15:36
3 comments
The US and Russia are gaining traction on an economic rebound, with China posting rudely healthy 1Q 2010 GDP growth. But its time for Europe to get ready for Recession - the sequel.
07.04.2010, 22:38
3 comments
Improving the investment climate, reforming financial infrastructure, and clarifying the tax regime - these tasks are on Moscow's "to do" list, as it bids to become a global financial center.
Published: 29 June, 2009, 10:21
Edited: 02 October, 2009, 07:00
Russia's capital has hosted yet another celebration of the country's rich - the Millionaire Fair. That's just days after a report from Merrill Lynch, said the net worth of the world's top earners has fallen by a fifth.
My sympathy goes out to the poor rich of Russia. Perhaps if they had been taxed a little more around the world {rich from all countries} then the world would not find itself in this economic mess. Why would any one individual want to be worth in excess of sixty billion dollars? This is obscene when a lot of people cannot afford to buy food. So, don't lose a lot of sleep worrying about the "poor rich".