economy

Economy, Oil June 20, 2017

Brent oil price collapsed to $46 per barrel

The price for Brent crude oil fell on Tuesday. According to the trades at 1:25 pm, the barrel of Brent lost about 1.62%, and traded at the level of $46.15 per barrel.

Crisis, Economy, Religion April 18, 2017

Putin’s adviser Glazyev encourages to act “as Jesus told” in order to have economic growth in Russia

Adviser to the president of Russia, academician of the Russian Academy of Sciences Sergei Glazyev in an interview with TV channel Tsargrad said that in order to achieve economic growth and technical progress in Russia it is necessary to act as…

Economy, Europe, Sanctions March 14, 2017

EU extended sanctions against Russia

The EU has extended sanctions for another half a year against 150 people and 37 organizations from Russia and Ukraine, imposed because of the threat of Ukraine‘s territorial integrity.

Economy, Sanctions, USA March 3, 2017

Russian Foreign Ministry: USA tries to organize economic blockade of Russia

Russian Deputy Foreign Minister Sergei Ryabkov said that Russia’s foes in the U.S. Congress are trying to organize an economic blockade of Russia by preparing a bill that will not let Donald Trump weaken sanctions against Moscow.

Crisis, Economy, Society January 20, 2017

Almost one third of Russians might get below the poverty line

According to Russian sociologists, if poverty is defined as a monthly income of less than 9956 rubles (€157), then almost one third of Russians are at risk of getting below the poverty line.

Crisis, Economy, Government, Society January 19, 2017

Polls: 45% of Russians are dissatisfied with situation in the country

According to a survey, conducted by the Public Opinion Fund and published on their website, almost half of Russians (45%) are dissatisfied with the situation in the country.

Economy, Export, Sanctions January 11, 2017

Largest exporter of Russian vodka filed for bankruptcy

Roust Corp company, owned by Rustam Tariko, filed for bankruptcy on December 30 at the Manhattan court.

Crisis, Economy January 4, 2017

Former economy minister of Russia: 20% of regions are de facto bankrupt

Andrei Nechayev, who was Russia’s Minister Economy in 1992-1993, warned of an oncoming disaster with the budgets of Russian regions.

Crisis, Economy December 29, 2016

President of Tatarstan (Russia) spoke against “our federal authorities”

The President of Tatarstan Rustam Minnikhanov accused Kremlin of taking money away from donor regions, and violation of the Constitution.

Economy, Europe, Sanctions, Ukraine December 15, 2016

EU extends sanctions against Russia for another 6 months

At a summit in Brussels, leaders of the EU countries agreed on the extension of restrictive measures against Russia for six months. The official announcement will follow in a few days.

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