breakingnews
25.06.2009, 20:42
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California, America’s most populous state, has a projected $24.3 billion budget deficit for the coming year, and may start issuing IOUs starting next week.
28.02.2009, 21:39
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Hayman Advisors LP, famous for its mortgage crisis prediction, now is warning of the imminent collapse of the European monetary union.
12.06.2010, 10:51
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Higher than expected oil prices have allowed Russia to cover this year's budget deficit, while boosting social spending. That's while neighbouring countries are doing the opposite.
11.03.2009, 20:13
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The government of Ukraine has announced it agrees with the requirements set down by the International Monetary Fund (IMF) for providing increased loans.
16.04.2009, 09:21
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Russia will spend an additional $13 billion to rebuild its roads as a way to get out of the financial crisis. It's an idea used during the Great Depression by the US and also resembles China’s current stimulus package.
23.09.2009, 15:26
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Russia will raise pensions by 46% next year, as part of a boost in government spending. Prime Minister Vladimir Putin announced the move at a cabinet meeting on Wednesday.
08.10.2009, 22:58
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Russia is launching a new privatisation drive, putting around 450 companies up for sale next year. That has some questioning where the buyers will come from and if prices will be bargain basement.
03.08.2010, 09:25
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Russian real estate prices are on the rebound, with the construction halt at the height of the downturn likely to push apartment prices higher as demand grows.
30.07.2009, 12:32
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Budget spending will be cut by a quarter in 2010, with an announcment on the decision expected at Thursday’s cabinet meeting.
22.04.2009, 18:00
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A meeting between Prime Minister Vladimir Putin and senior officials from Russian banks has seen support for the financial sector increased by $14 billion dollars to increase bank capitalization.
Published: 02 July, 2009, 05:30
As the U.S. has begun a new fiscal year, the state of California has failed to balance its budget, which now has a 26.3 billion dollar deficit. Governor Arnold Schwarzenegger has declared a fiscal emergency.
