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Photo from site astrachanportal.ru 27.04.2009, 10:42

Astrakhan – Russia's gateway to the Caspian and Iran

Astrakhan is the administrative center of a region that is almost the size of Denmark. Home to more than a million people, the area is hoping for much-needed economic development after oil was recently discovered here.

13.04.2010, 19:56 3 comments

Why the Sudanese don’t take what is said of them in the West seriously

Some seven thousand graduates from Soviet and Russian universities are currently living in Sudan. Most of them studied in the USSR.

04.05.2009, 10:20 8 comments

"Not even Jesus could reverse the decline in the US"

The world economy is not only showing few signs of recovery, but we are also looking at the end of the American century, according to German author and economist William Engdahl.

15.09.2009, 09:36 6 comments

BRIC to call the shots in post-crisis world

The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.

07.06.2009, 09:21 2 comments

“When the dollar went up, the markets went down”

The US is the biggest economy in the world, and if the blame for the global economic crisis is put on the US, it is put on the centre of the financial world - it is the same thing.

28.05.2010, 12:36 3 comments

Belarus to offer Russia pipeline control

Belarusian President Aleksandr Lukashenko says his country is willing to give Russia full control over Belarusian pipelines in exchange for cheap gas and oil.

18.10.2010, 21:40

Accounts Chamber points to $23 billion deficit in 2011 budget

Russian officials have found a giant hole in next year's state budget –$23 billion from some mysterious sources.

26.01.2010, 09:12

Tyumen city: breaking from oil dependency

As calls for a technology-based economy are getting stronger, Siberia’s Tyumen region – a major oil and gas producer - has been quite successful in diversifying its economy.

13.01.2010, 10:52

Belarus, Russia oil impasse continues

After days of talks on a new oil transit deal, Belarus still insists it should get crude from Russia duty free, even though it sells most of it to Europe for a large profit.

12.10.2010, 05:04

Russian company-town choking on environmental hazards

A bleak sight greets visitors when arriving in the small Russian town of Karabash. A legacy of environmental destruction once earned it the reputation as one of the most polluted towns in the world.

Russia’s industrial powerhouse struggles through economic storm

Published: 29 September, 2009, 12:33
Edited: 30 September, 2009, 08:04


Alongside untouched nature, a unique cultural ethnic mix and stunning scenery, the Republic of Bashkortostan boasts a wealth of mineral and agricultural resources, making it one of Russia's richest industrial regions.

 
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