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Articles with tag "Economy"

MARKET MOVING

Coronavirus Hits Russian Markets | March 30

The latest on how the ruble and Russian stock markets are reacting to the coronavirus.
THE COST OF THE CORONAVIRUS

How Much of a Hit Will Russia’s Economy Take From the Coronavirus? It’s Anybody’s Guess.

As the economic picture grows bleaker every day, economists and policymakers are struggling to come up with new ways to crunch the numbers.
BUSINESS SUPPORT

Russia’s State Banks to Offer Interest-Free Salary Loans

After weeks of silence, Moscow starts wheeling out new policies to support businesses through the coronavirus hit.
CORONAVIRUS CRISIS

‘The Government Doesn’t Believe in Small Businesses. The Feeling’s Mutual’: Russia’s Entrepreneurs Scramble For a Lifeline

Coronavirus has hit Russia’s smallest businesses hard. Putin’s support package could be too little, too late.
KEEP CALM AND CARRY ON

In First Address to Nation on the Coronavirus, Putin Holds Back From Stringent Measures

The Russian leader also delayed a vote on constitutional changes that could see him remain in power until 2036.
PULLING OUT

Investors Withdraw Record $1.4B in Assets From Russia

Falling oil prices and instability from the coronavirus have ramped up volatility in Russian markets.
RETAIL FORTUNES

Russia’s Supermarkets Defy Gloomy Corporate Outlook

Chains are stepping up their deliveries and calling in staff from holiday as Russians start to batten down for the coronavirus.
MARKET WRAP

Extreme Volatility Marks Turbulent Week on Russian Stock Market

The RTS index was down 45% from its recent peak Thursday in one of the craziest trading weeks in a generation.
U.S. INTERFERENCE

Trump’s Travel Ban Sends Russian Ruble, Stock Market, Tumbling Again

Another sea of red on the global markets sees ruble under renewed pressure from coronavirus impact.
turbulent period

Putin Says Russian Economy Will Emerge 'Stronger' from Turbulence

He said he is confident that the government and Central Bank have "enough instruments and enough resources to maintain stability."
OIL SPILLOVER

Russia Braces For Higher Prices

The oil price war will lead to inflation and a dilemma for the Central Bank.
PLAYING THE MARKETS

Market Volatility Exposes Investment Boom Fears

The explosion of interest in the stock market could revolutionize Russia’s economy, but it brings fresh risks, warn regulators.
RECOVERY MISSION

Russia’s Central Bank Steps Up To Support Ruble

Bank starts selling foreign currency as markets reel from oil price crash.
MARKET PANIC

Russian Stock Market Plunges, Oil Shares Hit Hard

Shares fall 10% following global ‘Black Monday’ on financial markets.
BLACK MONDAY

Russian Share Prices Collapse, Ruble and Oil Tumble

‘Black Monday’ sees state-backed Sberbank, VTB, Rosneft and Gazprom all suffer multi-billion dollar hits to their share price.
DOWN, DOWN, DOWN

Russian Ruble Plummets Amid Oil Market Chaos

The ruble hit a four-year low against the U.S. dollar as oil prices crashed 30% overnight.
SERIOUS TEST

Coronavirus Could Rock Russia’s ‘Stable and Isolated’ Economy

As markets tumble and a flagship business forum is canceled, experts are questioning the strength of Moscow’s finances.
KEEPING CALM

Russian Businesses Show Few Signs of Coronavirus Hit, For Now

Bellwether PMI readings show business conditions holding steady, but deterioration still likely.
FALLING SHORT

Putin’s Spending Boost Won’t Be Enough To Lift Russians Out of Poverty, Audit Chamber Warns

Russia’s plans to spend an extra $60 billion to raise living standards will fall short of the government’s ambitious poverty-reduction targets.
ECONOMIC CONTAGION

OECD Slashes Russia Growth Forecast in Stark Coronavirus Warning

Even if the spread slows, the economic effects of coronavirus will last throughout 2020, new report says.
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