breakingnews
17.10.2008, 17:43
Apart from steep falls in the stock market, Russia has so far escaped the worst of the global financial crisis. That’s according to a source in the Finance Ministry. There’s even talk that Russia could offer a lifeline to troubled Chinese financial instit
19.10.2008, 04:46
The past week has been a tough one for Iceland. The island of 300,000 people has so far been the most serious state victim of the global credit crunch. Its economy has nosedived after years of prosperity, with its banks virtually collapsed and currency de
06.11.2008, 10:19
The International Monetary Fund has approved a $16.4 billion loan to Ukraine. The money, $4.5 billion of which will be given immediately, is intended to help restore Ukraine's economy and rebuild financial confidence.
14.11.2008, 16:01
Iskander missiles could be deployed in Belarus, even if the U.S. doesn't put elements of an anti-missile shield in Eastern Europe.
16.11.2008, 07:57
Cash-strapped Belarus has said it may turn its back on the International Monetary Fund if the organization refuses to give it a US$ 2 billion loan.
Published: 13 November, 2008, 18:36
Russia is to lend Belarus US$ 2 billion to help it ride out its current economic difficulties. The first billion will be transferred by the end of the year with the rest to follow at the beginning of 2009.
