russian economy news
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Russia: 35.1 billion U.S. capital outflow from Russia in first quarter of 2012
Not only are companies shipping out funds but Russians are buying up euros and dollars. The outflow this year compare with a 19.8 billion (U.S.) outflow during the same period last year. Ordinary Russians also spent 54
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Russia: Finance Rebounds as Women Soar to the Top
Last week marked the end of Maison & Objet, the five-day international trade fair in Paris, France. The hottest designers from around the world gathered to see, be seen and sell. With designers vying
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Tips for Expats Relocating to Russia
It takes some time for freshly relocated expatriates to comfortably settle into the surroundings of their newly chosen home country. Let's be honest – even in some of the biggest expat hubs, such as Dubai, Shanghai or Moscow, and even after
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Russia will need to import feed grains.
The Russian Agriculture Ministry said it would need to import 3 million tons of feed grain. The situation may be made worse by the fact that there is a shortage of fertilizer and equipment to sow the Spring crop. Russian authorities are talking to
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Russian economy struggles, while budget deficit soars
Moscow :: Russia | over 2 years ago
Credibility
Questionable activity with Yukos in 2004 and Sakhalin Energy Investment Company in 2007 exacerbated this "deficit of trust." Medvedev, however, is trying to reform Russia. Whether these efforts are successful is unclear this early in his
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Russian Economy Grows 4 Percents
Russian economy grows 4.0 percent in the first half of this year, continuing the recovery from the global crisis, but this is slightly below the official estimate, as shown by data on Tuesday (08/31/2010). The
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Russia's economic growth slowest of the BRIC countries.
Of the four BRIC countries Brazil, Russia, India and China recent Russian economic growth has been lowest. According to Russia's statistical agency Rosstat, Russian gross domestic product (GDP) rose in the second quarter of 2010 by only 5.2
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Auto production rises in Russia by 70.6 per cent so far in 2010.
According to the Russian Statistics authority Rosstat Russian car production rose 70.6 per cent from Jan. to July this year. Total number of cars was 599,000. Bus production also rose 39.4 per cent to 19,100 units. Truck
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Russia hopes to lure foreign investors in privatization scheme.
Russia is counting on foreign investors to help privatize an estimated $29 billion in assets to reduce the state's "excessive" presence in the economy, Economic Development Minister Elvira Nabiullina said Thursday.
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Russia to sell $30 billion in state assets in privatization scheme.
This will provide more opportunities for the financial oligarchs who already profit from the Russian crony system which seems to be a sort of state capitalism with the oligarchs owning many companies but there are still large companies
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