breakingnews
10.07.2009, 18:30
The final day of the G8 Summit has moved a step closer to creating a new world currency.
10.07.2009, 17:57
Russian steelmaker, Mechel, has posted a 1Q 2009 Net Loss of $691 million under U.S. GAAP.
10.07.2009, 17:41
Russia’s media businesses have been hit hard by slumping advertising revenues and the devaluation of the Rouble. The short term outlook remains bleak, but a stronger industry will result.
12.06.2010, 10:51
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Higher than expected oil prices have allowed Russia to cover this year's budget deficit, while boosting social spending. That's while neighbouring countries are doing the opposite.
14.04.2009, 16:34
Tuesday’s meeting of Senior Finance Ministry officials reviewed results of 2008 and plans for the coming years, with anti crisis measures in focus.
24.07.2009, 12:31
Russia has spent a third of its Reserve Fund covering the budget deficit and it’s planning to spend the same amount again in the third quarter.
20.04.2010, 21:34
Presenting a report to the State Duma, Prime Minister Putin said the country avoided the worst pitfalls of the past and that sustainable growth was returning, after $100 billion in anti-crisis spending.
11.08.2009, 20:17
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2Q data showed Russia's economy is contracting rapidly - while other emerging markets are recovering. The President says its time to change the economic structure, while analysts look for more infrastructure spending.
16.04.2009, 09:21
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Russia will spend an additional $13 billion to rebuild its roads as a way to get out of the financial crisis. It's an idea used during the Great Depression by the US and also resembles China’s current stimulus package.
23.09.2009, 15:26
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Russia will raise pensions by 46% next year, as part of a boost in government spending. Prime Minister Vladimir Putin announced the move at a cabinet meeting on Wednesday.
Published: 13 July, 2009, 11:23
President Medvedev's cabinet will discuss raising taxes on cigarettes, fuel and alcohol on Monday, in a move to cover the budget deficit.
