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Russia’s inflation have been aggravated

May 5th, 2011

4, the Russian Federal State Statistics Bureau released data show that in April the Russian consumer price index rose 9.6% over last year, an increase of more than March's rise of 0.1 percentage points. Russia's inflation shows continues unabated. But the data also showed that Russia April consumer price index rose by 0 Read More...

Putin will not interfere the Russian-British Oil Companies plan

April 21st, 2011

April 20, Russian Prime Minister Vladimir Putin, announced that the Russian government does not intend to interfere in the Russian oil company and British Petroleum (BP) strategy of partnering with a lawsuit. Vladimir Putin delivered at the national lower house of parliament after the 2010 government work report to answer a reporter's question, said that the Russian government will not interfere with the activities of economic entities Read More...

The Former Richest man of Russia was jailed for misappropriation of two hundred million tons of secondary oil

December 28th, 2010

Local 27, The former richest man of  Russia, Khodorkovsky big oil Henghuoduoer result of the second trial, the Court found it guilty of embezzlement and money laundering. Khodorkovsky is serving a sentence, the trial again, so he faces the fate may be aggravating. 27, Moscow Hamo Fu Niji District Court read out the oil giant Yukos, Mikhail Khodorkovsky, former president of the result of the second trial Read More...

Another sign of Russia’s economy is stagnant unemployment rate rises again

September 5th, 2010

According to the Russian News Network reported that the recent development of the Russian economy began to stagnate signs. The market expected in September and October this year, in addition to industrial enterprises, the other in all areas of sales growth will slow significantly, so need to re-arrange production plan Read More...

Putin: Russia’s grain export ban for at least until September

September 3rd, 2010

Russian Prime Minister Vladimir Putin on the 2nd meeting of the Bureau in the government, said on the issue of removal of food export ban at least until the end of next year's grain harvest to the discussion. This means that grain export ban will continue until at least next September. Putin said, related issues, should clarify the situation next year's grain harvest, and after discussion, the position will not change Read More...

Russian agricultural imports will exceed one million tons of grain this year

August 22nd, 2010

19 Russian agriculture analysts predicted that due to the drought and forest fires lead to Russia's grain production, the Russian of the agricultural year (beginning in July of this year) food imports could reach 1.5 to 2.2 million tons for the first time in 11 years one million tons pass. Head of the Russian Institute of Agricultural Marketing Rylko said he expects Russia's food imports come mainly from Kazakhstan and Ukraine Read More...

Russia’s Gazprom strengthens to monopolize the European market

December 2nd, 2009

December 2 News Russia Natural Gas Industry Company (hereinafter referred to as "Russian gas"), president of Miller, said last weekend in France, EdF will join the Russia-led "Nanliu" natural gas pipeline project, access to undersea portion of the project a 10% stake. As a result, following the Italian ENI group, and Nanliu project addition of a powerful ally Read More...

Russia’s central bank cut its refinancing rate

November 27th, 2009

29, Central Bank of Russia announced that a further financing of the interest rate from 10% to 9.5%, the new interest rate from the start the next day. Russia's central bank said in a statement to reduce the inter-bank interest rates to encourage refinancing of credit. It will also be in line with inflation, production and credit activities, the development trend of deciding whether to continue to reduce the refinancing rate Read More...