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AFP Photo / Kazbek Basayev 01.07.2009, 02:43 3 comments

“Reforming army – ‘mission impossible’ during recession”

Russia is trying to upgrade its army to face modern challenges, but due to the ongoing crisis, it’s likely to be a ‘mission impossible’, says Ruslan Pukhov, Director of the Centre for Analysis of Strategies and Technolog

02.07.2009, 09:53 3 comments

Russian Orthodox Church short of cash

Even the House of God is not immune to the global economic crisis. Russian Orthodox Church congregations are lacking money, with major benefactors and large corporations also saving on parish donations.

27.02.2009, 21:56 2 comments

Crisis far from being over – Putin

Russian Prime Minister Vladimir Putin has warned that the economic crisis has yet to hit bottom. Russia, he said, would have a tough year, but would make it through.

16.06.2009, 16:27 2 comments

“BRIC countries unable to change world economy on their own”

Russia, Brazil, India and China won’t be able to save the world from the financial crisis, but they can help each other to minimize its negative effects, believes political analyst Ivan Safranchuk.

28.07.2009, 20:40 2 comments

Russian unemployed has a young face

A year of the world economic crisis has brought about a profound change in the face of the Russian unemployed – now most of them are young people aged 18 to 30 and only 7% of the unemployed have no education.

Irina Karaush 21.04.2009, 08:39 1 comment

Family chooses death over unemployment

One family from the small village of Argayash in the Russian Urals decided to starve themselves to death after the father found himself unemployed.

Russian Prime Minister Vladimir Putin (C) tours the BaselCement factory in Pikalevo on June 4, 2009 (AFP Photo / RIA Novosti / Pool / Alexey Nikolsky) 04.06.2009, 19:54 1 comment

Putin takes on desperation of crisis-hit town

Russian Prime Minister Vladimir Putin has rounded on closed enterprise bosses and local officials, demanding that wages be paid out by the end of Thursday. The money is reported to have already been transferred.

06.06.2009, 09:14 1 comment

Wheat from chaff – first World Grain Forum opens in St. Petersburg

The financial crisis will loom large at the first World Grain Forum opening in St. Petersburg, Saturday. Participants from 40 countries are gathering to discuss how to ensure food security amid the crisis.

01.07.2009, 17:29 1 comment

“Gambling industry still has future… unfortunately” – analyst

Despite the crisis that made transfer of the gambling industry to four far-flung areas problematic, “gambling won’t disappear so easily,” Boris Kagarlitsky of the Institute for Globalization Studies in Moscow told RT.

11.07.2009, 09:07 1 comment

Banks accused of loan shark tactics

Russian banks are being accused of intimidation in their desperate quest to get loans repaid.

Farming to save crisis-hot Russians

Published: 11 April, 2009, 16:45


Russia’s Kemerovo region governor, Aman Tuleev, has come up with a plan to survive during the economic crisis. He plans to offer land, as well as privileged seeds and domestic animals to those in need.

 
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