Business | Russia Beyond The Headlines

Ukraine signs gas monitoring deal

January 10, 2009 RBTH, Russia Today

Ukraine has signed a deal allowing international monitors to check the flow of gas through its territory

The current crisis was predicted 30 years ago

January 10, 2009 RBTH, Vlad Grinkevich, RIA Novosti economic commentator

The current economic crisis came as a bolt from the blue for most. In the meantime, experts warned in the early 1970s that the world economy was heading for a crisis in the first decades of the 21st century

Shuvalov's list: the favored few or the dependants?

December 28, 2008 RBTH, Vlad Grinkevich, RIA Novosti economic commentator

The government has published a list of 295 strategic organizations, which it will help cope with the crisis

Joint venture fund from Skolkovo and Rusnano

December 24, 2008 RBTH

The Moscow School of Management SKOLKOVO and the Russian Corporation of Nanotechnologies will create the first venture capital investments fund, the assets of which will be used for the innovative projects' financing. According to the procedure established by the legislation of the Russian Federation, the fund will be formed as a closed-end mutual risk (venture) investment fund. The total amount of the fund will be estimated as 2 billion rubles, the Moscow School of Management SKOLKOVO will raise money from the co-investors to the extent of 1 billion rubles. The management of the fund will be held by the Troika Dialog share holding.

"Gas OPEC" will not fiddle with prices

December 24, 2008 RBTH, Vlad Grinkevich, RIA Novosti economic commentator

Speaking at the opening of the Gas Exporting Countries Forum (GECF), Prime Minister Vladimir Putin said: "The era of cheap gas is coming to an end." However, his forecast is not likely to come true in the near future.

A crash course in grasping a crisis

December 24, 2008 RBTH, Jessica Bachman, The Moscow Times

In the past three months, "financial crisis" has become a ubiquitous phrase for Russians: it glosses newspaper headlines daily and is more and more frequently appearing on billboard, print, TV and radio advertisements for banks and other private comp

2008: bad start, bad end

December 23, 2008 RBTH, Vlad Grinkevich, RIA Novosti economic commentator

The year 2008 started badly for the Russian economy. The government struggled to restrain inflation in the first few months, with officials blaming it on global trends and proposing facelift measures

Gas exporters downplay cartel talk

December 23, 2008 RBTH, Anatoly Medetsky, The Moscow Times

Russia played host Tuesday as 11 gas producing countries agreed to work more closely to control supply levels on world markets and vowed to step up other cooperation, upgrading the Gas Exporting Countries Forum into a more official and potentially in

Gas exporters not looking to follow OPEC

December 22, 2008 RBTH, Russia Today

The world's major gas exporting countries are meeting in Moscow to discuss the formation of an organisation that some are calling a "Gas OPEC". However, those involved insist it will differ from the petroleum exporting countries' union.

Gas must be free from politics - Putin

December 22, 2008 RBTH, Russia Today

Prime Minister Vladimir Putin has given his vision of the future of gas production and trade during the opening of the International Forum of Gas Producing Countries in Moscow.

The folly of protectionism

December 18, 2008 RBTH, Marina Pustilnik, The Moscow News

The Russian government recently announced that starting on January 1 2009, the size of customs tariffs on imports of used cars will increase - in many cases by as much as two fold

Economic growth seen flat until July

December 18, 2008 Ethan Wilensky-Lanford, The Moscow Times

The economy is not expected to grow until the second half of next year, a deputy economic development minister said Thursday, as the government considered cutting oil export duties to zero, in what would be one of its boldest steps yet to promote gro

Sechin sends OPEC weak signal

December 17, 2008 RBTH, Anatoly Medetsky, The Moscow Times

Deputy Prime Minister Igor Sechin appeared on Wednesday to throw Russia's weight behind OPEC's announcement of a major production cut, saying the country's oil output would slide by 3 percent next year if prices remained low

Bypassing the banks

December 17, 2008 RBTH, Sergei Balashov, Russia Profile

The Government has created a new task force to distribute state money to strategic industries and `single-industry' cities

OPEC: to join or not to join?

December 14, 2008 RBTH, Russia Today

Russia is attending next week's summit of the oil cartel OPEC in Algeria along with three other non-member countries - Azerbaijan, Oman and Syria

Official backtracks on 'recession' comment

December 14, 2008 RBTH, Maria Levina, The Moscow Times

Deputy Economic Development Minister Andrei Klepach was forced to clarify his comments after saying the country has entered a recession that might last through the first two quarters of 2009

Investments in Russia: Frost & Sullivan focuses on growth opportunities

December 14, 2008 RBTH, Market Watch

Over the past nine years the Russian economy has demonstrated strong growth, spurring investors to seriously consider the economic benefits of Russian investments

Russia and the global community vs. the financial crisis

December 7, 2008 RBTH, Head of the FBK Strategic Analysis Department Igor Nikolaev

What is the price of the global financial crisis? How much have the leading economies already paid out to counteract its effects? How much has Russia already spent?

Breeding domestic investors

December 3, 2008 RBTH, Sergei Balashov, Russia Profile

The government's efforts to bolster stocks by boosting domestic investment and regulating the market appear futile

Putin labels markets 'unfair'

December 1, 2008 RBTH, Courtney Weaver, The Moscow Times

Prime Minister Vladimir Putin described the effect foreign markets have on domestic share prices as "unfair" during a government meeting Monday, saying the values of the securities do not accurately reflect those of the companies themselves