The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the ... Read More
Russia’s Gross Domestic Product (GDP) is due to return to sustainable growth in 2017, according to Economic Development Minister Maksim Oreshkin. “The recent data about freight turnover, electricity consumption ... Read More
Russian Prime Minister Dmitriy Medvedev has whipped up a storm on Russian social media for an off-the-cuff comment he made to a Russian pensioner last month. Medvedev was caught ... Read More
According to the analyst the number of banks reduced from 922 (as of early 2014) to 697 as of May 2016 About 27% of banks left the Russian market ... Read More
The Moscow Exchange has issued a press release to inform that: As of 1 February 2016 Moscow Exchange had registered 95,020 individual investment accounts (IIAs) opened by private investors ... Read More
Russia’s economy contracted by 3.7% in 2015, according to preliminary figures published by the country’s statistics service. Retail sales plunged by 10% and capital investment fell by 8.4% in ... Read More
Nikolai Nikiforov, the Russian Minister for Communications and Mass Media spoke about Bitcoin’s underlying technology, the blockchain. The Minister notes the distributed ledger technology as “very interesting” and intends ... Read More
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet ... Read More
President Vladimir Putin said Thursday that Russia’s economy could return to growth in less than two years, even though he considers it unlikely that the West will lift economic ... Read More
Mikhail Dmitriyev, president of the New Economic Growth consultancy, is often described as “Russia’s top brain.” He studied in Leningrad in the ’80s and took part in economics discussion clubs with the people who transformed ... Read More
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