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breakingnews
09.02.2009, 15:04
A few things are starting to fall into place, which could give investors and economists cause to start looking for things other than complete disaster.
09.02.2009, 10:59
Russian automakers, Avtovaz and Kamaz, which have restarted production this month, are asking the government for support in the face of falling demand and shrinking production.
07.02.2009, 15:17
Feeding money into failing banks will only make the situation worse, says international investor James Rogers, who sees more currency turmoil worldwide in the future.
14.02.2009, 14:14
Gold is hovering near $940/oz with Russia's leading precious metals producers claiming to Business RT the price will keep rising, because paper currencies are no longer trusted.
12.11.2009, 14:36
8 comments
On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.
12.03.2010, 14:39
5 comments
Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
01.06.2009, 22:02
6 comments
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.
19.03.2010, 13:31
6 comments
President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.
29.09.2009, 20:04
5 comments
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.
18.12.2009, 11:24
2 comments
Vladimir Putin has ordered an extra $700 million to be pumped into the country’s aircraft manufacturers.
Published: 09 February, 2009, 21:58
The Institute of Contemporary Development has blamed Russia's financial crisis on “fundamental, structural flaws in its economy,” which have “nothing to do with the West,” slamming bailouts for inefficient industries.
