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25.06.2009, 09:59

Total signs up for Yamal gas project

Europe's largest refiner, Total, will help develop a gas field in Russia's Arctic, and build a liquified gas plant. It will also buy a 49% stake in a subsidiary of Russia's independent gas producer Novatek.

17.06.2009, 14:17

Pikalyovo touches on plight of Russia’s ‘monocities’

The North western town of Pikalyovo has come to symbolize the towns across Russia for which the collapse of a major industry or employer has meant dire straits for the whole community.

23.06.2009, 14:20

Making the Rouble a new regional reserve

The push to make the Russian rouble a new regional reserve currency has picked up momentum with renewed calls by Russian President, Dmitry Medvedev, at the St Petersburg Forum and the BRIC meeting in Yekaterinburg.

01.06.2009, 22:02 6 comments

IMF predicts sharp contraction as private funds desert Russia

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.

Russian Federation, Moscow : Russian Prime Minister Vladimir Putin delivers a speech at an investment forum in Moscow on September 29, 2009. (AFP Photo / Natalia Kolesnikova) 29.09.2009, 20:04 5 comments

Leaders commit to market with state control set to go beyond 50%

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

Fitch ups Russian credit outlook as PwC looks to bigger long term

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

European bail out: What it means

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

World bank gloom on Russian economy as OECD looks for sharp rebound

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

Get ready for the European double dip

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.

RIA Novosti / Andonn Denisov, STF 07.04.2010, 22:38 3 comments

Moscow to boost standing as global financial centre

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.

Russia’s ultra rich take hammering with their global peers

Published: 25 June, 2009, 10:30


The wealth of the world's rich and ultra-rich population has dropped by 20 % to $33 trillion.

 
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