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26.03.2009, 10:00 3 comments

Dollar concerns lend impetus for new reserve currency

A leading economist claims that Moscow's proposal to ditch the dollar as the world's reserve currency will sink the world economy. It comes as Russia's Central Bank says it is pushing ahead with the plans.

25.03.2009, 21:19

Norilsk Nickel probe unnerves investors

The announcement of a Government probe into Norilsk Nickel’s share buyback and asset purchases in 2008 has underlined investor wariness, and seen the share price hit.

25.03.2009, 10:03

E.On warns on electricity investment

Germany's E.On says it will delay new projects if the state doesn't keep promises, after claims officials have misled power companies about the potential of Russia's electricity market to make them build extra capacity.

13.10.2010, 18:01

Shuvalov flags upcoming privatizations

First Deputy Prime Minister Igor Shuvalov says the Russian Government will soon begin privatizing stakes in 10 – 15 large companies, with the gains likely to mostly cover budget deficit.

29.01.2010, 11:42 2 comments

Davos: privatization of Russian state-owned businesses key to funding deficit

Russia's leading bankers have been using the World Economic Forum in Davos to push for the privatization of their companies, with the heads of Sberbank and VTB being the most notable.

23.09.2010, 13:42 1 comment

Gold shines brighter

With the price of gold nearing $1300 an ounce Business RT spoke with Ovoca Gold CEO, Tim McCutcheon, about what is driving the metal and the impact it is having on the industry.

25.01.2010, 19:38

Russia settles $1 million London Club debt

The Finance Ministry has announced the settlement of Russia's remaining $1 million Soviet-era debt to the London Club of Creditors, accumulated by the Soviet Union from the banks of Europe, the US and Japan before 1991.

Yamal-Europe gas-transfer station near Nesvizh, Belarus (AFP Photo / Viktor Drachev 28.01.2010, 14:30

No more privileges for Belarus on Russia’s oil export

After a nearly month-long dispute, Russia and Belarus have finally come to an agreement on oil deliveries.

RIA Novosti / Aleksey Danichev, STF 16.06.2010, 17:55

International youth economic forum sounds out future leaders

More than 200 young entrepreneurs and scholars, aged from 18 to 30 are gathering in St. Petersburg on Wednesday for the first International youth economic forum.

AFP Photo / Natalia Kolesnikova 15.04.2009, 10:53

Unemployment outlook dims as market players look for response

With the number of Russian jobless hitting 2.2 million people, experts say the money being allocated to fight unemployment may not solve the problem and that Russia’s job market needs a total reshuffle.

The End… Or to be continued?

Published: 26 March, 2009, 14:08


Russia’s movie industry is already feeling the chill of the economic slowdown and, experts warn, the sector will see the ice age in the near future.

 
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