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Latest Russia Inflation News

  • Alternatives to Iranian oil 25 Jul 2008 01:13 GMT
    ... weekend. The discussions in Geneva involving China, Russia, the United States and leading European powers ... the last 12 months. That has stoked inflation and forced the government to approve unpopular ... buy Russian arms worth $2.4 billion if Moscow stops supporting Tehran. China and Russia have ...

  • Poll: Bangkok still cheap place for expatriates to live 25 Jul 2008 01:11 GMT
    ... Poll: Bangkok still cheap place for expatriates to live ... of living survey, according to consultancy Mercer. Moscow is the world's most expensive city for ... economies, but may have to deal with inflationary pressures due to competition for expatriate-level housing ...

  • Is inflation making a comeback? 25 Jul 2008 00:38 GMT
    ... MOSCOW, Idaho (STPNS) -- Soaring prices for gas, ... many people flustered and confused. Is higher inflation around the corner? During the busy summer ...

  • İstanbul rates as world's 23rd most expensive city 25 Jul 2008 00:37 GMT
    ... The 2008 Cost of Living Survey by Mercer covers ... survey last year. In this year's survey, Moscow was again ranked the most expensive city ... with rapidly growing economies that are combating inflation. In addition, the overvaluation of the lira ...

  • Gold Ambushed by Powerful Forces of Global De-leveraging 24 Jul 2008 23:37 GMT
    ... For the second time in the last several weeks, ... said the only noisy communists resided in Moscow and Beijing and Pyongyang ? Central planning ... or to object. It understand little of inflation, and less of banking procedures. Amidst the ...

  • Housebuilders and miners drag FTSE to red 24 Jul 2008 22:55 GMT
    ... 4.7 per cent to £15.40. , a Russia-based iron ore producer reliant on Chinese steelmakers, ... quarter marred by industrial action and cost inflation. , its larger peer, was off 6 per ...

  • BRICs become a tower of strength 24 Jul 2008 22:31 GMT
    ... on the turbo-charged economic growth of Brazil, Russia, India and China -- hit a snag. ... the oil price and the resurgence in inflation. Most of the emerging markets were hit, but ...

  • Graco, Inc. Q2 2008 Earnings Call Transcript 24 Jul 2008 21:10 GMT
    ... by strong double-digit growth in Eastern Europe, Russia and the Middle East. Asia Contractor was ... backhalf of the year we're seeing additional inflation, is there an opportunity for you to put ...

  • Delhi, Mumbai becoming dearer 24 Jul 2008 20:33 GMT
    ... A recent survey has found that cost of living ... Delhi. “Although India has experienced relatively high inflation, it has increased at similar pace to ... as the base city scoring 100 points. Moscow scored 134.4 and was over two-and-a-half times ...

  • China's Capitalist Development and China's Rise in the World Imperialist System 24 Jul 2008 20:28 GMT
    ... military spending. B. Geopolitical Ambitions and the Russia-China Connection China’s fast-paced, resource-scarce, and anarchic economic ... is, too much investment relative to markets.[23] Inflation is heating up in China. Social polarization is ...

  • Inflation dogs Russia's booming economy 24 Jul 2008 20:28 GMT
    ... Thanks to high oil prices and an influx of dollars, Russia's economy is growing at a breakneck pace, pushing inflation to worrisome levels. The government is walking a tightrope. With all the government and private ...

  • Oil below $120 will reverse 'BR-IC' fortunes 24 Jul 2008 19:37 GMT
    ... about $126 on Wednesday), if China’s annual inflation rate slows to 5% (from 7.1% last month), ... to their better-performing “Bric” cousins: Brazil and Russia. At the beginning of this year, Indian ...

  • TNK-BP shareholder conflict may affect its performance 24 Jul 2008 19:29 GMT
    ... production performance in 2009, Tim Summers, the Russian-British oil company's Chief Operating Officer, told a ... are the tax burden and the high inflation, he noted. ...

  • Some fear Russia's boom could turn to bust as economy growing too fast 24 Jul 2008 19:28 GMT
    ... pumping up the economy even more. Now Russia is asking: What is to be done? ... proposed tax cuts, will lead to intolerable inflation and a sudden stall in growth. The ... agriculture, or alleviate the traffic jams in Moscow," Berglof said. But if the government throws ...

  • On trade, international institutions, Singapore, violence, Silvio Berlusconi 24 Jul 2008 19:27 GMT
    ... China, the European Union, India, Indonesia, Japan, Russia and the United States. If the Europeans ... central bank with a mandate to keep inflation stable and low worldwide. Central bankers would then ...

  • Oil price slips as demand subsides ' is this the end of the boom? 24 Jul 2008 19:22 GMT
    ... high, there is a danger of rising inflation expectations leading to higher prices, with a significant ... and more is likely to come from Russia, the second-largest producer, following tax cuts for ...

  • Global price hikes hit Kyrgyzstan's domestic market - full text 24 Jul 2008 18:59 GMT
    ... 24, 2008 (BBC Monitoring via COMTEX) -- Inflation may creep up to 29 per cent by ... Source: AKIpress news agency website, Bishkek, in Russian 0638 gmt 24 Jul 08 ...

  • Construction firm close to sealing Malaysia tie-up 24 Jul 2008 18:33 GMT
    ... a market with material shortages and high inflation is a positive step, and we feel this ... of the Okhata Centre in St Petersburg, Russia. On Wednesday, it received a Dh638m building ...

  • Thermo Fisher Scientific, Inc. Q2 2008 Earnings Call Transcript 24 Jul 2008 18:13 GMT
    ... This expansion was partially offset by increased inflationary pressure in raw materials and transportation costs, ... mining, minerals. So, places like Australia, Chile, Russia who are booming right now from a ...

  • Kimberly-Clark may raise prices again after 2Q profit falls 24 Jul 2008 18:13 GMT
    ... costs has outpaced our ability to offset inflation in the near-term with price increases and other ... growth in Latin America, South Korea, China, Russia, Turkey and Vietnam. The company reaffirmed its ...

  • Unhappy America 24 Jul 2008 18:12 GMT
    ... dollar’s face, credit is scarce, recession and inflation both threaten the economy, consumer confidence is an ... world rather better than the neoconservatives did. Russia, the Gulf Arabs and the rising powers ...

  • Weak Housing Data Sends Stocks Sharply Lower - U.S. Commentary 24 Jul 2008 17:59 GMT
    ... of the worst performances, led lower by Russian miner Mechel ( ) after Prime Minister ... seven-week low below $125 a barrel, easing inflation fears. Japan, South Korea and China each gained ...

  • Kimberly-Clark 2nd-qtr profit falls 10 percent on high energy, input costs 24 Jul 2008 17:38 GMT
    ... costs has outpaced our ability to offset inflation in the near-term with price increases and other ... growth in Latin America, South Korea, China, Russia, Turkey and Vietnam. The company reaffirmed its ...

  • Kimberly-Clark Reports 10 Percent Drop In 2Q 24 Jul 2008 17:29 GMT
    ... costs has outpaced our ability to offset inflation in the near-term with price increases and other ... growth in Latin America, South Korea, China, Russia, Turkey and Vietnam. The company reaffirmed its ...

  • Agcapita Farmland Investment Partnership: World Bank Blames Biofuel Use For Rising Food Prices and Could Divert over 10% of the World's Arable Land into Energy Production 24 Jul 2008 17:07 GMT
    ... emerging markets such as Argentina, Brazil or Russia, Canadian farmland is supported by first world ... which will need farmland for production. 6. Inflation: Even Inflation is accelerating across the globe and ...


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EIN News Columnists

• The Next President Will Have to Address This Threat to National Security: The Pentagon's Budget (Joe Rothstein's Commentary) [22 Jul 2008 - 20:19]
• It's the Economy, Stupid! A Short History of the Fallacy of the GDP Measurement. (By Tracy Dove, the Naked Historian) [18 Jul 2008 - 10:26]
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Kremlin News

• Mechel Drops 20% on Putin's Comments [25 Jul 2008 - 00:12]
• Emerging Markets Report: Mechel shares tumble 38% after Putin criticism [24 Jul 2008 - 23:08]
• Mechel OAO shares plunge following Putin criticism [24 Jul 2008 - 21:52]
• Shares in Russian mining company Mechel plunge after Putin calls for investigation [24 Jul 2008 - 21:40]
• Mechel shares tumble over 30% after Putin comments [24 Jul 2008 - 21:12]
• Mechel ADRs drop 33% on NYSE after Putin criticism-2 [24 Jul 2008 - 21:11]
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Dmitry Medvedev News

• Medvedev: Government posts are sometimes sold [24 Jul 2008 - 21:11]
• Medvedev instructs prosecutor general control Olympic expenditures [24 Jul 2008 - 20:48]
• Report: Medvedev head-hunting businessmen for new governors [24 Jul 2008 - 13:31]
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• Medvedev attacks rate of corruption in Russia [23 Jul 2008 - 23:01]
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Quote of the Day

"We've had sex in public and are no longer scared of it. We've invaded a police station and are no longer scared of it. What else is there to scare us?"
— "Kotyonok", a controversial artist who teaches physics at a Moscow university, on the new critical art of Russia

> Russia Arts & Entertainment News
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Russia Business News

• BP brings Russian executive home [25 Jul 2008 - 03:58]
• EU and Russia unveil new spacecraft [25 Jul 2008 - 03:00]
• Moscow paper claims Russian bomber crews visited Cuba [25 Jul 2008 - 02:24]
• BP to appeal against harsh Russian ruling [25 Jul 2008 - 01:29]
• China and Russia to launch energy talks [25 Jul 2008 - 01:29]
• TNK-BP CEO leaves Russia; BP warns of suit [25 Jul 2008 - 00:35]
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Chechnya News

• Kadyrov orders Chechen clerics to intensify fight against extremism [24 Jul 2008 - 11:46]
• Grozny Airport may become international soon [24 Jul 2008 - 10:32]
• Northern Fleet honoured men fallen in Chechnya [24 Jul 2008 - 10:00]
• Attackers kill 3 policemen in Chechnya [22 Jul 2008 - 01:28]
• Attackers kill 3 policemen in Chechnya [21 Jul 2008 - 09:36]
• 3 police officers shot dead in Russia's Chechnya region [21 Jul 2008 - 09:26]
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Belarus News

• Belarus says has no Gazprom debts [24 Jul 2008 - 18:08]
• Belarus: Venezuela signs over oil fields in 'solidarity' [24 Jul 2008 - 17:39]
• VENEZUELA AND BELARUS SIGN OIL AGREEMENT [24 Jul 2008 - 17:03]
• Belarus's ratings affirmed, outlook stable - S&P [24 Jul 2008 - 15:39]
• Belarus Is on the Side of Bolivar // Politics (Jul 24, 2008) [24 Jul 2008 - 15:34]
• Two Minsk election constituencies to accommodate voters outside Belarus [24 Jul 2008 - 15:30]
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Ukraine News

• Ukraine president certain Timoshenko to run for presidency in 2010 [25 Jul 2008 - 04:33]
• Ukraine urges Russia to begin talks on Black Sea fleet withdrawal [25 Jul 2008 - 04:09]
• Ukraine poisoning"> [25 Jul 2008 - 03:00]
• Ukraine pain for Cadogan Petroleum [25 Jul 2008 - 01:28]
• Ukraine president blames former ally for poisoning [25 Jul 2008 - 01:28]
• Political battle looms between Ukraine, Russia over Orthodox celebration [25 Jul 2008 - 01:17]
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Moldova News

• First technological station of machines for viticulture opened in Moldova [24 Jul 2008 - 20:49]
• Moldova's and Gagauzia's public broadcasters stagnate on path to professional standards [24 Jul 2008 - 19:58]
• First industrial pool in Moldova to be created in Cainari [24 Jul 2008 - 19:58]
• Moldova is gradually becoming the country-importer of agricultural production the experts of IDIS Viitorul [24 Jul 2008 - 19:58]
• Moldovan President Vladimir Voronin's introductory speech at news conference on 23 July 2008 [24 Jul 2008 - 17:02]
• Moldova's economic growth up by 4 per cent in first quarter of 2008 [24 Jul 2008 - 14:28]
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Central Asia News

• Kazakh Investment In Bora Bora Resort Questioned [25 Jul 2008 - 04:08]
• Turkmenistan to build Largest Sports Complex in Central Asia [25 Jul 2008 - 01:50]
• Turkmen, Russian Presidents in Phone Talks [25 Jul 2008 - 01:50]
• Global price hikes hit Kyrgyzstan's domestic market - full text [24 Jul 2008 - 21:12]
• Website notes increase in Tajik gold, currency reserves [24 Jul 2008 - 19:07]
• Kyrgyz government outlines measures to cushion food crisis [24 Jul 2008 - 18:37]
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Caucasus News

• SOCAR PRESIDENT MEETS FRENCH AMBASSADOR TO AZERBAIJAN [25 Jul 2008 - 03:31]
• Russian railroad troops to withdraw from Abkhazia in early August [25 Jul 2008 - 02:26]
• BAKU-TBILISI-KARS RAILWAY BYPASSING ARMENIA [24 Jul 2008 - 22:08]
• Armenian-American soprano Ani Maldjian to star in Festival Opera's [24 Jul 2008 - 18:13]
• CORRECTED - UPDATE 1-Turkey, Georgia, Azerbaijan launch joint rail link [24 Jul 2008 - 18:12]
• Armenia increased export and processing volumes of stone fruits [24 Jul 2008 - 17:20]
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Markets

Exchange Rates: Russian Ruble
USD 1 = RUB 23.3890
EUR 1 = RUB 36.6202
USD 1 = EUR 0.6387
EUR 1 = USD 1.5657

Closing Stocks:
RTSI: 2086.99(-1.18)
RU10D: 5,723.12(-0.96%)

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Jul. 25

Ivan Viskovati, chancellor of Russia, was executed.
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