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AFP Photo / Leon Neal 30.01.2009, 21:06

Russian companies at London Stock Exchange weekly report

This is the first in a series of weekly reviews of Russian shares trading on the London Stock Exchange.

30.01.2009, 20:59

Duma gets gloomy outlook on budget

The Russian government has revised it budget outlook in the wake of deteriorating economic data. The revision means that Russia’s reserves will be further eaten into in an attempt to minimize the downturn.

Alexei Kudrin (AFP Photo / Mike Clarke) 30.01.2009, 17:19

Finance Minister sets out bleak budget forecast

Finance Minister, Alexei Kudrin has set out a radically changed budget outlook for Russia, showing a mounting global economic recession will hammer government revenues and create a massive shortfall.

U.S. bailout proposal leads to questions of timing, size and financing

Published: 30 January, 2009, 21:47


With global policymakers becoming increasingly desperate in their attempts to fend of not just a recession all eyes are focusing on what can be done to turn around its largest single part – the U.S. economy.

 
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