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23.01.2009, 20:10

Gas deal brings end to dispute as parties weigh up the costs

Ukraine and Gazprom signed a peace deal this week, but experts say new gas price is too high for Ukraine’s economy and expect Kiev to make further attempts to renegotiate the contract.

23.01.2009, 12:36

FT report raises questions over TNK-BP CEO position

A report in Britain’s Financial Times suggests that a remuneration dispute is delaying the expected announcement of Denis Morozov as CEO of TNK-BP.

22.01.2009, 21:47

VTB 3Q 2008 pasting a sign of things to come for Russian banks

VTB's worse-than-expected 3Q 2008 results saw its share price take a 12% hammering on Thursday. But analysts suggest the results at VTB may be just a sign of things to come for the rest of the banking system.

25.06.2010, 12:11 34 comments

How the Russian soul can save the American Empire

Due to its unshakeable commitment to materialism and individualism, Americans now find themselves passengers on a spiritual shipwreck that perhaps only the Russian soul can salvage.

24.10.2009, 10:12 8 comments

Russia’s excess grain headache

Russia’s high yield of grain crops this year are giving managers of storage facilities a headache. Low prices are keeping traders from selling grain, meaning there's too much stock.

24.03.2010, 10:31 8 comments

World is headed for a global revolution – authors

The world may have been brought crashing to its knees by the economic crisis, but some say we have not seen anything yet.

01.10.2010, 01:31 3 comments

Space: The final frontier

Scientists say they have found a planet with the right conditions to sustain life. A Russian company is working to build a space hotel and Virgin says it should be ready for space tourism flights in 18 months.

An elderly beggar receives money from the driver of a foreign car in downtown Moscow (AFP Photo / Yuri Kadobnov) 28.08.2009, 17:30 7 comments

Over 24 million Russians live in poverty

The number of poor people in Russia has risen by 1.5 million people and now amounts to 24.5 million – which is more than 17 per cent of the country’s population, the Federal Service of State Statistics (Rosstat) says.

14.05.2009, 22:57 4 comments

“Quality of life comes first” – National Security Strategy

“Russia is going to ensure its security through higher living standards and the increased competitiveness of its economy,” says Yekaterina Kuznetsova, of the Moscow centre for studies of post-industrial societies.

Russian Federation, Moscow : Migrant workers carry a replica of Russian painter Ilya Repin's "Reply of the Zaporozhian Cossacks to Sultan Mehmed IV of the Ottoman Empire" in downtown Moscow on June 11, 2009. (AFP Photo / Yuri Kadobnov) 19.10.2009, 10:28 4 comments

Guest worker culture could replace population

Russia has one of the biggest immigrant populations of any country in the world and they are vital for the country's economic well-being. Despite this, many native Russians remain opposed to the idea of foreign workers.

Russian reserves fall as future funding commitments mount

Published: 24 January, 2009, 10:42


Russia’s once-bulging state coffers are melting – with almost one-third gone as of January – and just under $400 Billion remaining. Experts are watching exactly how the government spends the windfall money.

 
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