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breakingnews
20.03.2009, 16:38
The announcement by the U.S. Federal reserve that it will spend up to $300 Billion buying U.S. treasuries will take a lot of pressure off the Russian Rouble, and possibly the Russian budget.
20.11.2008, 10:35
As all the attention turns to the Rouble and whether or not it is going to be devalued, sight seems to be turning from what is actually happening with the Russian currency and what other currencies this relates to, as well as what the recent currency move
31.10.2008, 11:33
Always when there is a downturn in the economy a tirade of criticism is directed against the model of market economy and competition. And yet it is the other way around: all financial crises are the result of lack of competition. A crisis is when monopoli
11.10.2009, 13:00
4 comments
“Crisis or no crisis”, Russia’s budget must continue to fund social programs until acceptable standards of living are achieved, President Dmitry Medvedev said during an interview with Russia’s Channel One.
08.02.2010, 03:19
17 comments
For 40 years the US was the dominant economic power, but today China and India are emerging and there is a complete change internationally, former World Bank president James Wolfensohn told RT at Davos.
11.09.2009, 09:05
2 comments
Hit by the recession, the once-prosperous UK town of Swindon has one of the highest unemployment rates in the country. Many fear it will lead to a whole generation of people who've lost their will to work.
21.10.2009, 16:20
1 comment
The Russian economy needs a modernization strategy to stop relying on raw materials to pull the country out of the current financial crisis, Dmitry Medvedev stated, speaking at a meeting with Russian business leaders.
16.03.2010, 15:43
1 comment
Russian Deputy Economy Minister Andrey Klepach has forecast the Russian currency could appreciate by as much as 20% over the next three years.
13.06.2009, 09:30
1 comment
Despite a booming economy, the financial crisis has exposed China’s overdependence on exports to maintain its growth. As Beijing struggles to get its economy back on track, it looks to its local consumers for help.
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.
Published: 10 April, 2009, 06:56
Many people call local money issued in a dozen US cities, from East Coast to West Coast, worthless pieces of paper. However, it is not just Monopoly money for the people of Ithaca, New York.
