MOSCOW, July 18 (Reuters) - Several other former members of the Soviet Union are interested in joining a customs union with Russia, Belarus and Kazakhstan, Kazakh President Nursultan Nazarbayev was quoted on Saturday as saying.
Seguir leyendo: Customs Union WithRBC, 03.12.2009, Moscow 12:49:35. Russia’s economy has been rising steadily for the past five months, Russia’s Prime Minister Vladimir Putin said during a live call-in on the air of Russian TV channels and radio stations.
Seguir leyendo: Russia’s EconomyMOSCOW, RUSSIA (AFP) - Inflation picked up in Russia in November with prices rising 0.3 percent from the level in October, after having been zero for three months running, the Russian state statistics agency said on Friday.
Seguir leyendo: Inflation Picks Up InDec. 3 (Bloomberg) — Russia’s banks ignored government efforts to raise lending in October and reduced corporate and retail loan books, threatening to choke the commodity-reliant economy’s recovery from its worst decline on record.
Seguir leyendo: Russia Banks IgnoreJuly 27 (Bloomberg) — Great Atlantic & Pacific Tea Co. , the owner of the A&P supermarket chain, leads speculative-grade borrowers marketing debt as issuers seek to lure investors amid a weak economy.
Seguir leyendo: Junk-rated IssuersCitigroup: Russia’s Economy To Shrink 7.5% In 2009
Seguir leyendo: Citigroup: Russia’sSoutheast Asian foreign ministers sought ways on Monday to boost their economies, fight terrorism and counter criticism that a new human rights commission will be a toothless body.
Seguir leyendo: Economy, Rights OnBritish Foreign Secretary David Miliband, as the first top British diplomat to visit Moscow in recent five years, wrapped up his two-day visit to Russia on Monday. Political analysts said the visit itself symbolized London’s intention to shove aside deeply-embedded differences surrounding issues such as Russia’s refusal to extradite a murder suspect, while seeking collaboration [...]
Seguir leyendo: Miliband Visits RussiaSept. 22 (Bloomberg) — Russia will resume asset sales as the government struggles with its first budget deficit in a decade, First Deputy Prime Minister Igor Shuvalov said.
Seguir leyendo: Russia To Resume StateIn a decade, BRIC — the acronym for Brazil, Russia, India and China — has been transformed from a marketing term, to an investment craze, to a political bloc.
Seguir leyendo: Watch Out For FallingThe Russian economy has grown for two consecutive quarters, a sign that the country is emerging from recession, a deputy economic development minister said on Tuesday. Russia posted positive quarter-on-quarter results in the second half of last year, with its gross domestic product expanding 3.7 percent in the fourth quarter and 1.1 percent in the [...]
Seguir leyendo: Russia Emerges FromFOREIGN DIRECT INVESTMENT: PepsiCo’s $200-m investment proposal gets Cabinet nod PepsiCo’s proposed $200-million investment into PepsiCo India got the approval of the Cabinet Committee on Economic Affairs (CCEA) on Saturday.
Seguir leyendo: Industry & Economy (theRussia’s economy shrank by 7.9% in 2009, its biggest annual contraction in 15 years, official figures show.
Seguir leyendo: Russia’s EconomyVice President Joe Biden says Russia will accommodate U.S. demands on numerous national-security issues due to a host of problems the country is currently experiencing, including a “withering economy.” The vice president made the remarks in an interview published Saturday.
Seguir leyendo: Biden: Weakened RussiaPresident Dmitry Medvedev took Russians by surprise when he admitted that genuine political freedom in the country was limited and suggested that there had been mistakes made during the reign of his allpowerful predecessor Vladimir Putin.
Seguir leyendo: Dmitry MedvedevMoldovan Economy Minister Valeriu Lazar says Russia’s Gazprom raised the natural gas price for Moldova by more than 20 percent on January 1, RFE/RL’s Moldovan Service reports. The new price, which is valid for the first quarter of the year, is reportedly $233 per 1,000 cubic meters — $40 above the previous price. Lazar said [...]
Seguir leyendo: Moldova Says RussiaThe European Union should “open its wallet” to help Ukraine pay its gas bills to Russia Vladimir Putin said on Monday.
Seguir leyendo: Eu Should Help UkraineRussia and Belarus have failed to agree on Russian oil supplies to the ex-Soviet state, but are willing to continue negotiations.
Seguir leyendo: Russia, Belarus Fail ToThe Russian economy has been having dizzy ups and downs during the recent years, which made an author of French Le Figaro newspaper compare it to the yo-yo toy.
Seguir leyendo: Russian EconomyDec. 4 (Bloomberg) — Russia’s economy contracted last month at the slowest pace since December 2008, VTB Capital said, as rising commodity prices helped exporters and a stronger ruble supported the domestic economy.
Seguir leyendo: Russian EconomyFeb 4 (Reuters) - Ten thousand people rallied in Russia’s westernmost region of Kaliningrad last week in one of the largest opposition protests in Russia since Vladimir Putin became Russia’s president a decade ago. [ID:nLDE6112MW ]
Seguir leyendo: Factbox-key FactsMOSCOW, July 29 (Reuters) - Russia’s airline industry saw passenger numbers slump by nearly a fifth in the first six months of 2009, although the depth of the slowdown eased in June, the Federal Aviation agency reported on Wednesday.
Seguir leyendo: Russia AirlineIt’s the near future. Russia is a thriving multi-party democracy with a media free of state control. It has become a member of NATO and is thinking of joining the European Union.
Seguir leyendo: Kremlin Body ProposesMOSCOW, January 9 (Itar-Tass) - Russia has expressed readiness to continue subsidizing the Belarussian economy by providing 6.3 million tons of crude for Belarus, an expert said Saturday.
Seguir leyendo: Expert OnA decision to shut down Russia’s - and Eastern Europe’s - largest merchandise marketplace, the Cherkizovsky market, has produced a highly variegated reaction across the country.
Seguir leyendo: Shutdown Of Russia’sMOSCOW, July 29 (Reuters) - Russia’s airline industry saw passenger numbers slump by nearly a fifth in the first six months of 2009, although the depth of the slowdown eased in June, the Federal Aviation agency reported on Wednesday. Russians are tightening their belts die to the rising unemployment and the lack of confidence, while [...]
Seguir leyendo: (afx Uk Focus)Source: Reuters * Medvedev offers to help Afghan economy, military, police * Russia allows transit of military cargoes to Afghanistan (Adds quotes, background) ROME, Dec 3 (Reuters) - Russia is willing to do …
Seguir leyendo: Russia Will Help U.s.Nato . But as voters prepare to go to the polls next Sunday in the first presidential election since they cast out the country’s Soviet-era leadership, Europe’s most famous colour-coded reform movemen…
Seguir leyendo: Orange Sunset AsForeign Secretary David Miliband says differences between the UK and Russia remain but co-operation will continue.
Seguir leyendo: Miliband Hails LinksRBC, 03.02.2010, Moscow 12:53:10. Russia must look for new economic growth factors, Deputy Prime Minister and Finance Minister Alexei Kudrin stated at the Rossiya 2010 forum today.
Seguir leyendo: Russia Seeks NewPeter Spiegel writes: Vice President Joe Biden said in an interview that Russia’s economy is “withering,” and suggested the trend will force the country to make accommodations to the West on a wide range of national-security issues, including loosening its grip on former Soviet republics and shrinking its vast nuclear arsenal.
Seguir leyendo: Wall Street Journal:NEW YORK (Dow Jones)–Russia’s stimulus spending is set to continue despite forecasts for economic growth in the second half of the year, the country’s first deputy prime minister said Tuesday.
Seguir leyendo: Russia 1st Deputy PrimeFive years ago, Ukraine ’s Orange Revolution was hailed as a new start for a country that had begun to look west towards the European Union and Nato . But as voters prepare to go to the polls next Sunday in the first presidential election since they cast out the country’s Soviet-era leadership, Europe’s most [...]
Seguir leyendo: Orange Sunset AsVladimir Putin, Russia’s prime minister and most powerful politician, will field dozens of questions on Thursday from the Russian people at an annual phone-in likely to be dominated by the country’s sickly economy.
Seguir leyendo: Russia RecessionIndia has moved up 35 places to become the 88th best country in the world to live, leaving behind nations like Russia and China, according to a survey.
Seguir leyendo: India 88th Best CountryRussia is 30 to 40 years behind developed economies in the technology sector and will lag further unless it innovates, Anatoly Chubais, the architect of the 1990s privatizations, warned Wednesday. The former finance minister, who now runs the state-owned… Russia - Anatoly Chubais - Technology - Travel and Tourism - Business and Economy
Seguir leyendo: Russia Told To InnovateFederal Reserve chairman Ben Bernanke has a major problem on his hands. He is doing his best to try and save the economy from slipping further into recession. But he may have to sacrifice the U.S. dollar in the process.
Seguir leyendo: Bernanke Saves The44 | Republican National Committee chairman Michael Steele says Democratic proposals will slow the economy and increase the deficit.
Seguir leyendo: Rnc Chairman RipsPrime Minister Vladimir Putin said on Thursday Russia had passed the peak of the economic crisis but a train bombing last week showed the threat of what he called terrorist attacks was “very high.”
Seguir leyendo: Putin Says RussiaAn interview U.S. Vice President Joe Biden gave to an American newspaper was front-page news Monday in Moscow, where his characterization of Russia as a weakened nation hit a raw nerve. Biden said Russia’s economic difficulties are likely to make the Kremlin… Sponsored Topics: Joe Biden - Russia - United States - Moscow - Kremlin
Seguir leyendo: Us Vice President BidenWARSAW — Poland and Russia are “much closer” to a final agreement on gas supplies after their respective state-controlled gas companies struck a deal on transit fees and increased supplies, a Polish official said.
Seguir leyendo: Russia, Poland Near GasThe leaders of Russia and Italy announced Thursday support for the US strategy against extremists in Afghanistan during a summit which also saw key gas and aviation accords signed between the two nations.
Seguir leyendo: Italy, Russia Agree OnThe sale of GM’s European unit to a Canadian-Russian consortium could help diversify Russia’s energy-focused economy.
Seguir leyendo: Opel Deal Could BringRussia’s ruble rose sharply Monday against the dollar, spurred by higher oil prices and upbeat data suggesting the country may be past the fiercest phase of its recession.
Seguir leyendo: Ruble Up As DataChina has made remarkable achievements in the past decade thanks to its huge trade surplus and now it turns to gain momentum from domestic demand, Jim O’Neill, chief economist at Goldman Sachs, said Monday. O’Neil, who first dubbed China, India, Russia and Brazil “Bric” in 2001, told Xinhua that China could be “the largest economy [...]
Seguir leyendo: China’s Economy GainsMOSCOW, July 18 (Itar-Tass) –The spring parliamentary season is over in Russia with over 200 laws having been passed by the Federal Assembly.
Seguir leyendo: Parliamentary SeasonDoing business in Russia is impossible due to the state’s interference in the economy, a former top tycoon who has fled to Britain to escape legal proceedings said on Tuesday.
Seguir leyendo: Business In RussiaRussia, the ugly stepsister of emerging economies, has plenty of promise for those who can stomach the wild ride.
Seguir leyendo: Russia’s Value StocksDuring the first ten months this year, the crude oil output has increased, but the gas output decreased, said the Energy Ministry on Monday. Statistics showed that from Jan. to Oct. this year, the crude oil put increased 0.8 percent year-on-year to 410.3 million metrictons, while the natural gas output declined 16.7 percent to 450.3 [...]
Seguir leyendo: Russia’s Output OfMedvedev: Russia’s democracy weak, its economy ineffective, demographics bad.
Seguir leyendo: Medvedev LamentsAn interview US Vice President Joe Biden gave to an American newspaper was front-page news Monday in Moscow, where his characterization of Russia as a weakened nation hit a raw nerve.
Seguir leyendo: Eastday-us ViceRBC, 02.11.2009, Moscow 10:24:02. The Bank of Russia’s move to cut the discount rate would not have any tangible effect on the real economy, experts at the center for economic research of the Institute for Globalization and Social Movements have concluded after considering its possible impact on the economic situation.
Seguir leyendo: Real Economy Not ToMOSCOW, Sept 22 (Reuters) - Russia’s trade surplus rose to $13.1 billion in August from $10.2 billion in July, but was down from $18.6 billion in August 2008, the Economy Ministry estimated on Tuesday in its monthly state of the economy report.
Seguir leyendo: (afx Uk Focus)The way out of the economic slowdown is a more effective use of the country’s resources–not just more resources.
Seguir leyendo: How Russia Could Be MoreJuly 29 (Bloomberg) — China Development Bank Corp. , the government-run bank for public works projects, plans to open offices in Russia and Egypt this year and Brazil next year as part of its strategy to become an international lender.
Seguir leyendo: China DevelopmentJuly 17 (Bloomberg) — Brazil stocks were upgraded at Morgan Stanley, which cited the nation’s stabilizing economy and an improving outlook for commodities.
Seguir leyendo: Brazil Stocks UpgradedRussia’s democracy is weak, its economy is ailing and the country faces long-term problems with the health of its population, President Dmitry Medvedev said in an article published Friday.
Seguir leyendo: Medvedev LamentsVice President Biden stirred controversy when he suggested that Russia would cooperate with the United States because the country is in a state of sharp decline.
Seguir leyendo: White House Defends* Russia-focused oil firm plans IPO by end-2009-source
Seguir leyendo: Russia’s ExillonNOVO-OGARYOVO, RUSSIA — Russia’s Prime Minister Vladimir Putin on Friday welcomed GM’s decision to sell its European unit Opel to Canadian auto parts maker Magna and Russia’s Sberbank, hailing it as a chance for Russia to intergrate into the European economy.
Seguir leyendo: Putin Hopes Sberbank’sAn interview U.S. Vice President Joe Biden gave to an American newspaper was front-page news Monday in Moscow, where his characterization of Russia as a weakened nation hit a raw nerve.
Seguir leyendo: Us Vice President BidenNelli Millard, born and raised in Russia, has transported her background and skills to the High Desert, where she operates an alteration and custom clothing shop off Greenwood Avenue in Bend.Sewing By Nelli Millard, owned and operated by Millard, 39, offers same- or next-day alteration services, custom clothing creations and cutouts of custom patterns for [...]
Seguir leyendo: From Russia WithMOSCOW, July 21 (Reuters) - Russia’s Prime Minister Vladimir Putin will meet the country’s top bankers in the headquarters of the largest bank Sberbank on Wednesday to discuss the banking sector’s woes, Putin’s spokesman said on Tuesday.
Seguir leyendo: Russia’s Putin To MeetMOSCOW, July 21 (Reuters) - Russia may need to provide another 60 billion roubles ($1.89 billion) in subordinated loans to six banks seeking state support due to a shortage of current funds, the head of Russia’s state-agent VEB bank said on Tuesday. State-controlled VEB bank has been charged by the government with channelling state funds [...]
Seguir leyendo: (afx Uk Focus)Russia has stayed out of view amid the global hunt for an agreement on reducing greenhouse gas emissions. But that could change.
Seguir leyendo: Spotlight OnGerman Chancellor Angela Merkel is set host Russia’s President Dmitry Medvedev for talks dominated by efforts to avoid a new spat over gas supplies to Europe and the global financial crisis.
Seguir leyendo: Germany, Russia Talks:July 29 (Bloomberg) — China Development Bank Corp. , the state-run bank for public works projects, opened its first branch outside the mainland in Hong Kong today and plans offices in Russia, Egypt and Brazil as part of a global expansion push.
Seguir leyendo: China DevelopmentSept. 22 (Bloomberg) — Russian stocks are poised to surge, extending an 88 percent rally this year, as the economy’s recovery spurs profits, analysts at UBS AG, Goldman Sachs Group Inc. and JPMorgan Chase & Co. said in reports today.
Seguir leyendo: Russia’sPresident Dmitry Medvedev called Russia’s democracy weak and its economy ineffective on Thursday in his newest effort to distance himself from the legacy of his predecessor Vladimir Putin and build a powerbase of his own.
Seguir leyendo: Medvedev Targets* August GDP contracts 10.5 percent year-on-year
Seguir leyendo: Russia Economy Halts InRussia’s democracy is weak, its economy is ailing and the country faces long-term problems with the health of its population, President Dmitry Medvedev said in an article published Friday. It was among the bluntest assessments to date on national shortcomings… Sponsored Topics: Russia - Dmitry Medvedev - Democracy - Politics - President
Seguir leyendo: Medvedev LamentsRussia’s economy shrank 10.1 per cent in the first half of this year, the economy minister said on Wednesday, its worst decline since the early 1990s.
Seguir leyendo: Russian EconomyRussia’s struggling economy and its leaders’ pragmatism will push it to make deals on nuclear arms reduction as Washington seeks to reset ties with Moscow, U.S. Vice President Joe Biden said.
Seguir leyendo: Weak Economy PushingTraining Americans for jobs of the future in high-tech industries will help create a more stable foundation for the U.S. economy, President Barack Obama said at a speech in Troy, N.Y. He emphasized the need to encourage entrepreneurship and international competition and reiterated his call for more investment in green energy technology, electronic health records [...]
Seguir leyendo: Economy - MondayCHISINAU, July 21 (RIA Novosti) - Russia has lifted all restrictions on the import of Moldovan wine and is even prepared to open extra custom points, the head of the Moldova-Vin agency said on Tuesday.
Seguir leyendo: Russia Gives GreenJuly 16 (Bloomberg) — Russia ’s economy will fail to match last year’s pace of growth until 2012, even under the government’s most optimistic forecast, as capital investment dries up, the Economy Ministry said.
Seguir leyendo: Russia Won’t ReachVice President Joe Biden is optimistic that Russia will warm to the West, given that its economy is “withering,” he said in an interview with the Wall Street Journal.
Seguir leyendo: Biden: Russia’sSINGAPORE - SOME Asia-Pacific nations criticised US and other developed world protectionism on Tuesday at a meeting aimed at spurring a global trade pact and revitalising the global economy. Thai Commerce Minister Pornthiva Nakasai, meeting her Asia-Pacific Economic Cooperation counterparts including the United States, China and Russia, said ‘buy local’ campaigns had affected exports from [...]
Seguir leyendo: Apec DecriesVILNIUS, July 29 (Reuters) - Lithuania’s economy, which shrank more drastically than expected in the second quarter, will suffer its worst damage in 2009 and should improve next year, the country’s finance minister said on Wednesday. Lithuanian gross domestic product (GDP) fell 22.4 percent year-on-year in the second quarter after a revised 13.3 percent drop [...]
Seguir leyendo: (afx Uk Focus)MUNICH (AFP)–The leaders of Russia and Germany held talks Thursday ostensibly over gas and the economy but amid Western calls for answers over the murder of a human rights activist in the Caucasus.
Seguir leyendo: Update: Gas, FinancialAnother round of intergovernmental negotiations on the supplies of Russian natural gas to Poland will be held in Warsaw Thursday and Friday, Poland’s Ministry of Economy said Wednesday. The talks, to be chaired by Deputy Economy Minister Joanna Strzelec-Lobodzinska and Russian Deputy Minister of Energy Anatoly Yanovski, will focus on increased gas supplies for Poland [...]
Seguir leyendo: Poland, Russia To HoldMOSCOW, July 17 (Reuters) - Russia’s parliament on Friday approved a rise in pension and social security contributions from 2011, which should help double the average pension over four years at a cost of around $30 billion annually. The poverty of pensioners is a big issue in Russia where elderly beggars are a common sight [...]
Seguir leyendo: (afx Uk Focus)Russia yesterday expressed amazement at damning comments by US Vice President Joe Biden about Moscow’s post-Cold War status, in a new row that undermined claims of a reset in bilateral ties.
Seguir leyendo: Biden’s CommentsWhite House Press Secretary Roberts Gibbs on Monday called Vice President Biden an “enormous asset to the administration,” insisting that the loose-lipped No. 2 is not a distraction even after the State Department had to walk back his thorny comments on Russia.
Seguir leyendo: White House DefendsIn a July 25 report published by The New York Times, By Andrew E. Kramer writes: Just weeks after a summit meeting intended to show a thawing in relations between the United States and Russia, Vice President Joseph R. Biden Jr. made blistering criticisms of Russia’s failing economy, loss of face and a leadership that [...]
Seguir leyendo: The New York Times:MOSCOW, July 17 (Reuters) - Russia’s jobless rate fell to a six-month low of 8.3 percent in June, a source at the Ministry of Industry told Reuters on Friday, in a further sign the country has passed the worst point of its first recession in a decade Russia has been hit by the slump in [...]
Seguir leyendo: (afx Uk Focus)Just weeks after a summit meeting intended to show a thawing in relations between the United States and Russia, Vice…
Seguir leyendo: Biden CriticizesFirst-half results are arriving, presenting many countries with shocking declines, but the record is quite varied. Whatever standard we choose, Russia is underperforming.
Seguir leyendo: No Place In Bric ForWASHINGTON -(Dow Jones)- President Barack Obama and Vice President Joe Biden are on the same page when it comes to Russia, The White House said Monday, downplaying Biden’s recent comments in an interview with The Wall Street Journal.
Seguir leyendo: White House: Obama,TBILISI, Georgia, July 23 — Breaking with the cautious tone the Obama administration has adopted toward the Kremlin, Vice President Biden told a room of Georgian children Thursday that Russia “used a pretext to invade your country” in the hope of wrecking its economy and persuading its people th…
Seguir leyendo: Biden Says Russia UsedFast growing China and India may be important players but the emerging economic giants alone do not have the clout to drag the global economy out of its worst slump since the 1930s, analysts say.
Seguir leyendo: China, India Can Help,MOSCOW, July 21 (Reuters) - Russia’s Prime Minister Vladimir Putin will meet the country’s top bankers in the headquarters of the largest bank Sberbank on Wednesday to discuss the banking sector’s woes, Putin’s spokesman said on Tuesday. “Naturally, the issues of lending to the ‘real’ sector of the economy and banking sector stability on the [...]
Seguir leyendo: (afx Uk Focus)Russian oligarch Alexander Lebedev is sick of his country’s poverty and lack of democracy. But can a billionaire make a difference?
Seguir leyendo: The Billionaire WhoBRUSSELS, July 20 (UPI) — The European Commission needs to restore confidence in the energy sector as it struggles to overcome a market dependent on Russia, officials say.
Seguir leyendo: Piebalgs Lobbies For EuJuly 28 (Bloomberg) — South Africa’s unemployment rate was little changed in the second quarter after many people gave up looking for work as the economy fell into recession, threatening to stoke social tensions that have sparked a wave of protests.
Seguir leyendo: South African JoblessThe vice president’s tough words seemed to confuse an Obama administration effort to thaw relations.
Seguir leyendo: Biden CriticizesDubai is not an economy geared up for a recession: successive years of stellar 15 per cent growth have been yanked from underneath the economy as Dubai’s greatest advantage over the past six years - its interconnectedness with the global economy - has come back to bite.
Seguir leyendo: Economy: RecessionMOSCOW, July 21 (Reuters) - Russia may need to provide another 60 billion roubles ($1.89 billion) in subordinated loans to six banks seeking state support due to a shortage of current funds, the head of Russia’s state-agent VEB bank said on Tuesday.
Seguir leyendo: Russia May Need ExtraJuly 17 (Bloomberg) — The U.S. economy is “out of the woods” and doesn’t need another stimulus package, investor Mark Mobius said.
Seguir leyendo: Mobius Says U.s.Russia must use fast and decisive stimulus to pull its economy out of an unexpectedly deep hole, but also prepare difficult reforms to ensure longer-term prosperity, the Organization for Economic Cooperation and Development said Wednesday.
Seguir leyendo: Oecd: Russia NeedsJuly 15 (Reuters) - The Russian Economy Ministry on Wednesday published its detailed forecasts through 2012, which have this week been approved as the basis for the state budget.
Seguir leyendo: Table-russia EconomyEl mineral repleto de Montes Urales y la gran petróleo, gas, carbón, madera y reservas de Siberia y el Lejano Oriente ruso que Rusia rica en recursos naturales. Sin embargo, la mayoría de esos recursos se encuentran en lugares remotos y zonas de clima desfavorable que son difíciles de desarrollar y lejos de los puertos [...]
Seguir leyendo: Recursos Naturales de Rusia