breakingnews
08.11.2008, 06:36
The CIS states are likely to be hit by the global financial crisis more than any other developing countries according to a new report from the International Monetary Fund, which is also predicting Russia’s previously robust GDP growth could slow to 3.5%.
10.11.2008, 07:27
G20 finance ministers and the heads of central banks met in Sao Paulo, Brazil, last week. They looked at ways to stop a global slowdown that could shrink trade world wide next year for the first time since 1982.
14.11.2008, 06:47
Despite some evidence to the contrary, US President George W. Bush insists the global financial crisis ‘was not a failure of the free market’. His defence of Western-style capitalism came just hours before world leaders were expected in Washington for a c
16.11.2008, 02:49
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Russian President Dmitry Medvedev believes there’s a good chance to fully restore relations with the US under Barack Obama. He made the comment at a meeting of the US Council on Foreign Relations, which was held separately from the G20 meeting in Washingt
16.11.2008, 06:53
Dmitry Medvedev has said the election of Barack Obama provides an opportunity for a renewal of trust between Moscow and Washington. Relations between the two sides have soured since the U.S. announced plans to build an anti-missile defence shield in Europ
Published: 16 November, 2008, 19:44
The leaders of the world's 20 largest economies have pledged to work together to put the global economy back on track. At a one-day summit in Washington they agreed to reform the international monetary system. Finance ministers have been told to submit de
