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Wednesday November 25, 2009
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Russia & CIS Economy News. Service for global professionals. Constantly updated news and information about Russia & CIS Economy.
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Latest Russia & CIS Economy News

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  • Azerbaijan to attend "Let's unite CIS area" conference 25 Nov 2009 01:11 GMT
    ... A delegation led by the Minister of Communications and ... and Information Technologies of the Republic of Azerbaijan Ali Abbasov left for Minsk, capital of Belarus on Nov. 24. Azerbaijani Minister will attend ...

  • France shows off cutting-edge navy ship in Russia 25 Nov 2009 01:03 GMT
    ... ST. PETERSBURG, Russia (AP) - French officers on Tuesday showed off ... nations' August 2008 war. Russia, Georgia and Ukraine all have Black Sea coastlines. Russian military ... to euro500 million ($750 million). Officials in Moscow have expressed interest in buying licenses to build ...

  • Overseas press praise China's 8% economic growth 25 Nov 2009 00:13 GMT
    ... and spending programs to shore up the economy." Wen said China's budget deficit this year ... 3 percent of China's gross domestic product (GDP), remaining "within the acceptable range of what ... people's incomes and safeguard social stability, another Russian news agency said. World Daily, the biggest ...

  • Russian GDP contracts 9.6% in Jan-Oct 25 Nov 2009 01:06 GMT
    ... The Gross Domestic Product (GDP) declined by 9.6 percent in the first ... period last year, said an official from Russia's Economic Development Ministry on Monday. Oleg Zasov, acting ...

  • US dollar holds steady against euro after US economic data 25 Nov 2009 00:42 GMT
    ... euro on Tuesday as traders weighed US economic data for signs of recovery from recession. ... The Commerce Department reported gross domestic product (GDP) expanded at a 2.8 percent annual rate ... percent, according to the EU statistics agency. Russia's central bank meanwhile cut its main interest ...

  • PRECIOUS-Gold hits record highs on firm investor sentiment 25 Nov 2009 03:30 GMT
    ... 403.3 tonnes by the International Monetary Fund. Russia, Sri Lanka and Mauritius have also since ... which is seen as a hedge against inflation, which erodes the value of paper assets. ... previous session after data showed the U.S. economy grew at a slower-than-expected pace last quarter. ...

  • Gold marks fresh record highs on investment demand 25 Nov 2009 03:39 GMT
    ... 403.3 tonnes by the International Monetary Fund. Russia, Sri Lanka and Mauritius have also since ... which is seen as a hedge against inflation, which erodes the value of paper assets. ... previous session after data showed the US economy grew at a slower-than-expected pace last quarter. ...

  • Bulgarian president visits Greece to enhance economic ties 25 Nov 2009 02:34 GMT
    ... Greece on Tuesday, mainly aimed at promoting economic cooperation between the two neighboring countries. He ... added that Greeks are among the top investors in his country and tourism between the ... in a bid to reduce dependency on Russian supplies. "We realized how important that is ...

  • Distorted IEA oil reserve figures create biofuel opportunities 25 Nov 2009 01:12 GMT
    ... wild flax, linseed dodder, German sesame and Siberian oilseed, camelina is attracting increased scientific interest ... Beginning in the late 19th century, the Russian government determined that Central Asia would become its ... Tajikistan and Turkmenistan were also ordered by Moscow to sow cotton, Uzbekistan in particular was ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... “A premature exit is the main danger,” , ... to Asian countries grappling with a different economic crisis a decade ago. Then, the fund, ... Other countries in the region - like Ukraine, Latvia, Romania and Serbia - still face ...

  • Interview: U.S. Envoy Says Washington 'Will Not Force Values' On Central Asia 25 Nov 2009 00:44 GMT
    ... states, as it certainly fits Turkmenistan and Azerbaijan, that arrangement. So there is, I think, ... the existing lines that go up through Russia from Kazakhstan. RFE/RL: Does the United States ... of OSCE activities -- which are security, economics, and the human dimension and human rights. ...

  • Energy Dreams Drive Tajikistan To Desperate Measures 25 Nov 2009 00:44 GMT
    ... says that the project would "solve all economic problems" the country faces. First, it would ... situation, Dushanbe in recent years turned to Russia to help fund the completion of Roghun, a ... of the century,' should use that foreign investment in this project." Khojaev's household, like other ...

  • Kazakhstan: Battle over Flagship Bank Illustrates Volatile Mix of Business and Politics 25 Nov 2009 01:15 GMT
    ... KAZAKHSTAN: BATTLE OVER FLAGSHIP BANK ILLUSTRATES VOLATILE MIX ... of the explosive mix of politics and economics in Kazakhstan. On one side of the ... after which he pursued business interests from Moscow until returning to Kazakhstan to run BTA in ...

  • Twitter experiment: 773 days October 24, 2009 25 Nov 2009 01:14 GMT
    ... Oh, and by the way, the credit card balances ... hope to be making use of in Moscow this Summer! (Keep an eye on our To ... going on with the financial crisis our economy is in. The simple fact that your ...

  • Obama says India is indispensable 25 Nov 2009 01:16 GMT
    ... India's and US' story was of two "economic marvels fuelled by hard work and innovation". ... nuclear reactors and technology with France and Russia. "I have assurances that the process will ... leaders "agreed to further intensify our trade investment and economic cooperation in a way that ...


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