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Articles with tag "Economy"
A Majority of Russian Families Have No Savings, Poll Says
Western sanctions and dropping oil prices have hit Russian consumers' savings accounts.
Russia Loses $30Bln a Year in Post-Crimea Investment Climate – Economist
Up to $300 billion has been lost since Russia annexed Crimea from Ukraine in 2014, economist Sergei Guriev said.
Abramovich Partner’s Marijuana Business Returns Him to Forbes’ Richest Russians List
Roman Abramovich's associate Andrei Bloch reportedly owns a 28-percent stake in a U.S. cannabis company.
Internet Added $60Bln to Russia’s Economy in 2018, Study Says
E-commerce accounts for about half of Russia’s 3.9 trillion ruble internet economy.
Richest 3% Russians Hold 90% of Country’s Financial Assets – Study
Conversely, the poorest 20 percent of Russians owned 6 percent of all financial assets.
Half of Russians Say They’ll Never Live to See a Decent Salary – Survey
On average, Russians named 66,000 rubles ($1,000) as a decent monthly salary.
Ben Aris for bne IntelliNews
Russia’s Consumers Still Glum but Businesses Becoming Optimistic for 2019
Russia proved to be a tale of two cities as 2019 got under way.
Russia Asks Interpol to Arrest Kremlin Critic Bill Browder Again
Browder has become one of the most vociferous Western critics of Kremlin chief Vladimir Putin.
Russia’s New Gold Rush Could Shake Up the International Monetary System
Russia and China might be considering a gold-backed digital currency.
Ford Sells Russian Car Stocks, Discounts Cars at 10-20%
Ford will close two assembly plants and one factory because the passenger vehicle market in Russia is no longer profitable.
Official Poll Shows Russians Too Poor to Afford Shoes, Puzzling Kremlin
“Why shoes? Why one-third? Where are these figures from?” Kremlin spokesman Dmitry Peskov said of the official survey.
Russian Billionaires Grew $20B Richer in 2019 – Bloomberg
An estimated 89 percent of Russia’s wealth is owned by its richest 10 percent.
Russia Revises Up 2018 Growth Data in Boost for Putin Target
Last year's results are just the latest positive surprise from an agency that went through a management shake-up after officials criticized its data.
Russia’s Lumber, Wildlife, Water Resources Valued at $94Bln
The Russian economy relies heavily on its own natural resources.
Moscow Nose-Dives in Global Living Cost Rankings
The ranking change does not necessarily mean the cost of living automatically gets cheaper for people living there, one expert said.
Russia's Natural Resources Valued at 60% of GDP
This is the first time Russia has officially estimated their value.
Russia Lost $750B to Capital Flight Since 1994 – Bloomberg
Some economists predict the trend will slow down in 2019.
Troika Laundering Claims Put Founder Vardanyan's Legacy in Focus
His public image as a businessman and philanthropist, carefully crafted over the years, is now under threat.
Putin Turns Swathes of Russia Into Flyover Country
A major part of the country will be treated as a social and economic liability.
98 Russian Billionaires Hold More Wealth Than Russians’ Combined Savings
The Russian billionaires’ total wealth topped Russian citizens’ bank deposits, which totaled 27.7 trillion rubles ($420.7 billion).
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