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Articles with tag "Economy"
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).
Russia May Be Done Raising Rates After 2018 Hikes, Central Banker Says
Russia's central bank will not need to raise interest rates further if it considers the impact of its two rate increases last year to be enough
The Troika Laundromat Shows How Not to Combat Money Laundering
Focus on shady transactions, not the banks themselves.
8 Russians Named Among World’s 100 Richest Billionaires — Forbes
The richest Russian on the list was Leonid Mikhelson, who came in 32nd place overall.
Investing in Russia’s Future
The arrest of Michael Calvey might help focus minds on the value of foreign investment and reform for Russia’s economic future.
CCTV Cameras Are Tracking Down Debtors in Moscow, Official Says
Some 1,500 photographs of debtors have been uploaded into the facial-recognition system so far.
Russia’s Black Market Totaled 20% of GDP in 2018 – Reports
The shadow economy last year was bigger than Russia's total federal budget spending allocated for 2019.
Putin Prepares for New Cold War with Tight Economic Policies
Now Russia is growing again despite adopting one of the most tightfisted budgets of any major economy.
The Highlights of Putin’s Federal Assembly Address
Putin gave a speech to 2,000 senior government officials on Wednesday.
Detention of Investor Is an 'Emergency' for Russian Economy, Kudrin Says
Michael Calvey was detained on Thursday after accusations of embezzlement.
Why Russia Can Afford to Jail U.S. Investors
Michael Calvey had become a legend in the Russian market, in part because of his reputed aversion to any kind of foul play.
Kremlin Says Investor Arrest Won't Hurt Business Climate
Analysts are disturbed by the arrest of Michael Calvey.
In Search of Better Quality of Life, Russians Lean on Credit
Personal loans in Russia have grown by 46 percent over the past year.
Russian Markets Waver at Prospect of Tough New U.S. Sanctions
The threat of new U.S. sanctions rocked Russian markets on Thursday.
Expect Slower GDP Growth in 2019, Russia’s Economic Ministry Says
The growth rate last year was attributed to a tenfold increase in construction figures.
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