Government shelters farmers from crisis
Published: 31 March, 2009, 10:21
Russia has been hit by the global financial crisis, but amid the gloom the agricultural industry is doing strong, thanks to state support.
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Russia is the leader among eleven developed countries in rates of inflation development and final consumption expenditure, according to the Federal Agency of State Statistics Rosstat.
13.06.2009, 09:30
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Despite a booming economy, the financial crisis has exposed China’s overdependence on exports to maintain its growth. As Beijing struggles to get its economy back on track, it looks to its local consumers for help.
01.07.2009, 02:43
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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
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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
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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
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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
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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.
18.01.2010, 14:04
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Burger King, the world’s second largest fast food chain after McDonald’s, is launching its first Russian operation this week, under license of coffeehouse chain Shokoladnitsa.
21.04.2009, 08:39
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One family from the small village of Argayash in the Russian Urals decided to starve themselves to death after the father found himself unemployed.
04.06.2009, 19:54
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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.
Published: 31 March, 2009, 10:21
Russia has been hit by the global financial crisis, but amid the gloom the agricultural industry is doing strong, thanks to state support.