Searching for signs of recovery
Published: 04 May, 2009, 22:11
Amidst increasing signs in some quarters that the worst of the global economic slump could be over, analysts are looking for signs that Russia is close to recovery.
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Economists warn price rises during a downturn will hurt companies in the longer term. Ford raised the cost of its vehicles by up to a quarter from May, but the company says it has no choice.
Along with banking and the financial sector, Russia's insurance market has been hard hit by the downturn. Experts say they expect a massive consolidation in the sector.
Russia is trying to make ‘Investing in People’ more than just a slogan, with human capital at the heart of the revised 2009 budget.
Actions by the U.S. Federal Reserve, announced mid week, provided a buoyant week for Russian stocks as well as oil, gold and the Rouble, while fears mount over the longer term impact.
Russia is planning to expand its presence on the global grain market amidst forecasts for little significant growth in domestic consumption.
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US energy giant Conoco Philips will launch Poland's first shale gas project next month, with the announcement sparking claims Poland could become a rival for Gazprom in Europe.
06.10.2010, 13:59
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With Russia looking to diversify away from commodity production Business RT spoke with Petropavlovsk chairman, Peter Hambro, about the role natural resources should now play.
06.10.2009, 17:17
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Gold has climbed to an all time high on renewed speculation about the U.S. dollar, after a report by British journalist Robert Fisk suggested key economies were planning to move away from the dollars reserve status.
31.07.2010, 10:47
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Russia has declared a state of emergency in four more regions - hit by the worst drought in a century – making for 27 regions across central Russia seeing production hit, and economists concerned about inflation.
With the global recession looking certain to stay with us for the foreseeable future, what do you do with your hard-earned money? RT spoke with gold industry expert Adrian Douglas.
Published: 04 May, 2009, 22:11
Amidst increasing signs in some quarters that the worst of the global economic slump could be over, analysts are looking for signs that Russia is close to recovery.