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09.07.2008, 06:03

Weeding out the quacks

Healers of all types – from herbalists to spiritual therapists – could be banned from working in Russia if they don’t qualify for a state certificate. Currently, healers can undergo the tests needed for the certificate on a voluntary

06.08.2008, 05:50

Crooked pyramid schemes are back

For many Russians the intricacies of the money markets are still a mystery. And it’s a naivety that makes them easy prey for crooks and swindlers. During the 1990s many were duped out of their life savings in get-rich-quick pyramid schemes. Now the elabor

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.

Oracles become financial consultants

Published: 13 March, 2009, 08:47


Some Russians are turning to the supernatural, which they believe will help them stay afloat during the economic crisis. Others prefer financial advice but with lots of swindlers in the field, its efficiency is doubtful.

 
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