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Russia Economy News. Service for global professionals. Constantly updated news and information about Russia.
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Latest Russia Economy News

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  • Russia: Looking Back From 2029 19 Dec 2009 04:31 GMT
    ... into one of many possible futures for Russia. As the year draws to a close, ... annexation of the Far Eastern provinces, left Moscow with little chance to react before the ... educated, urbanized population and a per capita GDP of about $10,000. Such societies cannot be ...

  • Russia's first high speed train makes maiden journey 19 Dec 2009 06:34 GMT
    ... December 19, 2009 2:05 pm TWN, Reuters Russia's first high speed train makes maiden journey MOSCOW -- Russia's first high speed train left ... US$175 for first class and US$115 for economy class. Subscribe to The China Post and ...

  • Among developing countries, India has highest inflation 19 Dec 2009 00:31 GMT
    ... The country’s inflation is the highest among the world’s developed and ... food prices — followed by the stabilising Russian economy’s 10.7 per cent post and dwarfed ...

  • Russian politician who became hate figure for 'shock therapy' tactics 19 Dec 2009 01:17 GMT
    ... who has died aged 53, was a Russian politician regarded by his detractors as the ... detractors as the destroyer of the country's economy following the collapse of communism. He was seen ...

  • Russia cuts U.S. poultry, pork 2010 import quotas 19 Dec 2009 01:41 GMT
    ... 18, 2009; 7:47 PM WASHINGTON (Reuters) - Russia, a top market for U.S. meat, has ... but that normally happens only when the economy is strong, said Joe Schuele, a spokesman for ...

  • Russia - A slap in the face for US meat industry as quota's cut 19 Dec 2009 07:51 GMT
    ... Russia - A slap in the face for ... but that normally happens only when the economy is strong, said Joe Schuele, a spokesman for ...

  • China opens consulate-general in Russia's Irkutsk 19 Dec 2009 01:10 GMT
    ... in Irkutsk, which the Chinese ambassador to Russia said would inject new impetus into China-Russia ... and China in various fields, including the economy, scientific technology, culture and education, thus further advancing ...

  • Federal stimulus dollars have Cache Valley effect 19 Dec 2009 08:17 GMT
    ... $3 is take out of the private economy. Just more mis-allocation and theft by your ... responsible for 99% of all recessions, and inflation. (Take the housing bubble, CAFE standards on ... the government actually wanted them to play Russian roulette with public funds. Even when the ...

  • Analysts expect firm gold price next year and gold stock gains 19 Dec 2009 10:00 GMT
    ... selected gold miners and bullion, click on: Russia's biggest gold miner Polyus Gold was the ... Zhukov, metals analyst at Nomura Research in Moscow. Gold companies historically have not been good ... citing interest in the metal as an inflation and currency hedge. Bank of America Merrill ...

  • Message on climate emotive, but a fraud 19 Dec 2009 08:11 GMT
    ... defy common sense and cripple the global economy. Australian Prime Minister Kevin Rudd, who sought ... Copenhagen were there pushing a fraud. The Russians were on to it early when they ... data they had supplied. Last week, the Moscow-based Institute of Economic Analysis (IEA) was issued ...

  • Copenhagen: India gets its way, countries to be paid for planting trees 19 Dec 2009 02:29 GMT
    ... China is facing is to develop its economy and alleviate poverty, he said. Therefore, China ... reduction in emissions intensity per unit of GDP by 20 percent by 2020, compared to ... Brown, Brazilian President Luiz Lula da Silva, Russian President Dmitry Medvedev and Indian Prime Minister ...

  • Study Ukraine Petrochemicals Output Growth of 6.0% in 2009 Rising to 8.0% Per Annum in 2011-2013 19 Dec 2009 04:30 GMT
    ... effectively ground to a halt during the Russia-Ukraine gas dispute. Plastics output rose 36.6% month-on-month ... economic downturn and prospects are dire: real GDP is set to contract by 10.2% in 2009; the ...

  • Climate summit adjourns without agreement 19 Dec 2009 08:54 GMT
    ... China is facing is to develop its economy and alleviate poverty, he said. Therefore, China ... reduction in emissions intensity per unit of GDP by 20 percent by 2020, compared to ... Brown, Brazilian President Luiz Lula da Silva, Russian President Dmitry Medvedev and Indian Prime Minister ...

  • Hundreds pay final respects to post-Soviet reformer Gaidar 19 Dec 2009 11:46 GMT
    ... architects of free market reforms in post-Soviet Russia, may be prolonged due to the number ... The viewing began at 12:00 pm in Moscow [GMT 09:00] and was scheduled for two ... which Gaidar began reforms toward a market economy after the fall of the Soviet Union. ...

  • Gold Emerges Safe Haven for Investors 19 Dec 2009 10:30 GMT
    ... the dollar to prop up the global economy. The weakening of the dollar against most ... from many countries, including India, China and Russia, that the world's financial system should no ... be sufficient to protect the investor from inflation. In any case, the fact is that ...


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Markets

Exchange Rates: Russian Ruble
USD 1 = RUB 30.6440
EUR 1 = RUB 43.9377
USD 1 = EUR 0.6974
EUR 1 = USD 1.4338

Closing Stocks:
RTSI: 1410.22(- RU10D: 2,895.04(2.12%)

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This Day in History

Dec. 19

Leonid Brezhnev, Soviet president from 1960, was born. He was responsible for expanding Russia’s military and was also an architect of détente.
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