&host=www.rt.com&uri=/news/expats-job-cuts-crisis/comments/&via=1.1 199.93.58.141:80 (Footprint 4.8/FPMCP)&ua=CCBot/1.0 (+http://www.commoncrawl.org/bot.html))
breakingnews
08.09.2009, 15:00
It will still take a while for ordinary Russians to assess improvements in the economy, said Vladimir Osakovsky, head of strategy and research at Unicredit bank.
13.11.2009, 22:38
4 comments
There’s broke and then there’s Pembroke (Illinois, that is). Located in the northern county of Kankakee, the township of Pembroke is now suffering a crushing 46% unemployment rate.
05.04.2010, 12:45
3 comments
American bankers see themselves as the gods of money, a class above mere mortals, and they can do what they wish, said renowned economic researcher and historian William Engdahl in an interview with RT.
16.04.2010, 23:19
2 comments
The eurozone’s secret is that its pockets are a little dusty. It could print or borrow the cash to bail out Greece and but it knows that would not be the end of it.
03.10.2010, 11:01
2 comments
US author Yves Smith spoke with RT about the cover-ups that went on leading up to and during the economic crisis, the real secrets of the crooks on Wall Street, and the doom and gloom of the future of America's economy.
16.09.2009, 15:38
1 comment
Employees from AvtoVAZ – Russia’s biggest car company from Central Russia’s city of Togliatti – might soon be demoted to making toys, rather than cars, in an attempt to pull through the economic crisis.
14.09.2009, 23:22
There are signs that economies of other countries are improving, like Japan, France and Germany, but we don’t see it here in the US, says RT contributor Wayne Madsen.
16.12.2009, 15:38
2 comments
To talk about Yegor Gaidar, RT turned to Georgy Satarov, a former aide to Russian President Boris Yeltsin and Leonid Gozman, ex-leader of the Union of Right Forces, the country’s right-wing liberal party.
14.09.2009, 08:55
A novel way of exposing those who fail to pay their utility bills has been adopted by one company in central Russia. The faces of its worst-offending customers have been plastered on giant billboards across the city.
26.09.2009, 14:53
Russia’s Avtovaz says more than 27,000 jobs are to go due to plunging demand. It’s a severe blow for workers at the company, the largest employer in the city of Togliatti in the Samara region.
Published: 16 September, 2009, 09:51
As many companies in Russia have resorted to job cuts over the past twelve months to stay afloat, foreign workers were hit hard. More than two thirds of expats who came to Russia to work have lost their jobs.
This is a natural correction, a re-balancing of the skills matrix. When finance is on the way down and you have reseves and want innovation, it may be a good idea to attract expats with a more scientific entrepreneurial background. These could add value for Russia, because finace is tighter now where some of these are currently located. Expats can be a good thing, if they match our nations need. They can help make a culture of innovation flourish.