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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 reports zero inflation in last week of December 30 Dec 2009 14:54 GMT
    ... Consumer prices showed zero growth in the week ... Federal Statistics Service said Wednesday. Rosstat said inflation in the preceding three weeks was 0.4% and ...

  • Russia's GDP rises 1.9 pct in Q4 in a second consecutive quarterly jump 30 Dec 2009 15:15 GMT
    ... MOSCOW (AP) - Russia's economy grew by 1.9 percent in the fourth quarter from the quarter before, the second ...

  • Russia announces expansion of nuclear capabilities, sanctions pre-emptive nuclear strikes 7 Jan 2010 07:34 GMT
    ... Russia announces expansion of nuclear capabilities, sanctions pre-emptive ... two countries are of strategic significance to Moscow because of, among other things, the role ... dependence on energy resources to sustain its economy. To the degree that the hemorrhaging of ...

  • Russia's GDP up 1.9 pct in Q4 30 Dec 2009 15:15 GMT
    ... Russia's economy grew by 1.9 percent in the fourth ... for 2009 compared to 2008, while while inflation is set to rise by 9 percent, ...

  • Russia: Stuck in a Year of Events and Little Change 5 Jan 2010 07:53 GMT
    ... Russia: Stuck in a Year of Events and ... per barrel is certain to push Russia’s economy into “negative territory.” A less obvious problem ... record low to a record high in Moscow and blasting away a half-built port in ...

  • Economy turns corner as focus turns to year ahead 31 Dec 2009 13:34 GMT
    ... The worst scenario for Russia in 2009 – the collapse of the ... participants say that can happen only if inflation falls first. The current forecast for 2010 ... for 2010 is 8%. However, if the economy requires further massive monetary and fiscal stimulus, ...

  • Russian gov't manages to curb unemployment: Putin 30 Dec 2009 01:33 GMT
    ... The Russian government has avoided a sharp increase in unemployment and preserved the country's underdeveloped banking system, ... should have spent more on diversifying the economy in the past decade. Russia, whose economy ...

  • Oil near $81 on US economy, demand optimism 4 Jan 2010 13:20 GMT
    ... barrel last month on signs the U.S. economy may be improving. The unemployment rate fell to 10 percent in November ... about the impact of a dispute between Russia and Belarus, which is a transit country ...

  • Russian President Pledges Smart Economy at New Year 31 Dec 2009 23:30 GMT
    ... President Dmitry Medvedev said Russia will move forward on the path to ... as well as "a stable and smart economy." "We will do everything to ensure a safe ...

  • Oil near $81 on US economy, demand optimism 4 Jan 2010 14:21 GMT
    ... barrel last month on signs the U.S. economy may be improving. The unemployment rate fell to 10 percent in November ... about the impact of a dispute between Russia and Belarus, which is a transit country ...

  • Russia shortlists banks for bond issue 5 Jan 2010 22:32 GMT
    ... | Last updated: January 5 2010 19:36 Russia is drawing up a list of banks ... an oil price slump have faded. Russia’s economy relies heavily on oil revenues. Russia has decided ...

  • Will the Party in Russian Shares Continue? 3 Jan 2010 19:52 GMT
    ... Russia’s RTS index was the world’s top performing ... tried to dampen the animal spirits in Moscow by stating that the markets were overheated, ... Medvedev decried the “primitive structure” of the economy and vowed to wage war on corruption ...

  • Russia Unbeatable as Kudrin Says Stocks Are Too High (Correct) 31 Dec 2009 00:22 GMT
    ... in eighth paragraph.) Dec. 30 (Bloomberg) -- Russia is the top investment pick for the ... said at a Nov. 25 conference in Moscow that “speculative capital” led to “overheating” in ... as a rally in oil lifts Russia’s economy from its worst recession in a decade, ...

  • Russia Unbeatable as Kudrin Says Stocks Are Too High (Update1) 30 Dec 2009 12:51 GMT
    ... in 18th paragraph.) Dec. 30 (Bloomberg) -- Russia is the top investment pick for the ... said at a Nov. 25 conference in Moscow that “speculative capital” led to “overheating” in ... as a rally in oil lifts Russia’s economy from its worst recession in a decade, ...

  • Russia Unbeatable as Kudrin Says Stocks Are Too High (Update2) 30 Dec 2009 18:01 GMT
    ... in eighth paragraph.) Dec. 30 (Bloomberg) -- Russia is the top investment pick for the ... said at a Nov. 25 conference in Moscow that “speculative capital” led to “overheating” in ... as a rally in oil lifts Russia’s economy from its worst recession in a decade, ...


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Exchange Rates: Russian Ruble
USD 1 = RUB 29.6850
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USD 1 = EUR 0.6951
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