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30.06.2010, 10:58

President proposes budget discipline to rein in deficit

President Dmitry Medvedev has emphasized the need to halve the budget deficit over three years, proposing slashing public sector workers by 20% and privatizing more state property.

30.06.2010, 17:50

NCSP posts 1Q 2010 net profit of $83.9 million

Novorossiysk Commercial Sea Port, NCSP, has posted a 1Q 2010 net profit of $83.9 million under IFRS.

30.06.2010, 19:55

Customs step closer as Russian and Kazakh economies link up

Economic ties between Russia and Kazakhstan will move closer on Thursday when the two countries commence the second stage of their Customs Union and free up trade between them.

15.06.2009, 20:17 2 comments

BRIC’s get down to business in Yekaterinburg

The group of developing nations known as the BRICs is continuing to build up their reserves with the International Monetary Fund - while denying they want a new currency to rival the dollar.

06.10.2009, 16:55 2 comments

Premature dance on dollar's grave

The media jumped on the dollar-is-dead story, after Britain’s Independent newspaper reported plans by oil producers to stop selling in dollars within nine years.

30.11.2009, 20:31 1 comment

Central Bank of Russia calls a loonie tune

Plans by the Central Bank of Russia to add Canadian dollars to Russia’s fiscal reserves have analysts saying the loonie isn’t likely to be become a big player, but that it could help hedge against a sagging U.S. dollar.

16.06.2009, 17:13

Regional Currencies and the dollar: Elina Rybakova

With BRIC nations discussing the role of reserve currencies RT spoke with Elina Rybakova, Chief Economist at CitiBank, Russia, about the possible role of regional currencies as alternatives to the dollar.

19.03.2010, 18:36

Finance Minister warns on rouble

Russia will have to continue easing interest rates to keep the rouble under control and further stimulate lending, according to Finance Minister, Alexei Kudrin.

30.06.2010, 10:49

Euro to remain part of Russia’s reserves

The future of the Euro is increasingly being questioned with budget woes in the EU undermining the currency. But Russia says it will continue to be a key part of its currency reserves.

27.07.2009, 10:12 5 comments

Russia’s rich move money out

In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.

Volatility, the economic rebound, and Russia

Published: 30 June, 2010, 20:30

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TAGS: Investment, Currencies, Russia and the global economy, Finance


With markets under renewed pressure, RT Business spoke with Neil MacKinnon, Head of global strategy at VTB Capital about the outlook and implications for Russia.

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30.06.2010, 19:55

Customs step closer as Russian and Kazakh economies link up

Economic ties between Russia and Kazakhstan will move closer on Thursday when the two countries commence the second stage of their Customs Union and free up trade between them.

01.07.2010, 12:57

Russian Manufacturing picks up steam as VTB Capital's PMI hits 2 year high

The June survey of Russian purchasing managers from VTB Capital has revealed the fastest manufacturing growth since April 2008 on the back of growing new orders.