Bank of Finland issued a statistic saying that: The outlook for the Russian economy was in 2014 clearly reflected in the investments by investment funds registered in Finland. During ... Read More
Ratings agency S&P has cut Russia’s sovereign credit rating to junk status, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead ... Read More
Russia and its president, Vladimir Putin, have been left out in the economic wilderness as sanctions imposed by the west, a tanking oil price, and plunging rouble take their ... Read More
The Russian ruble strengthened against the dollar on Monday after President Vladimir Putin said there were no “fundamental economic reasons” for the currency’s slide, but analysts –and the country’s ... Read More
Russian Economic Development Minister Alexei Ulyukayev said that international agencies may soon downgrade Russia, adding that it would be an unfounded move, because the country’s economic indicators remain at ... Read More
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the ... Read More
Amid a bitter crisis in relations with the West over Ukraine, Russia’s President Vladimir Putin is moving to bolster ties with China. Russia sees relations with China as a ... Read More
Ukraine won a $27-billion international financial lifeline on Thursday, rushed through in the wake of Russia’s annexation of Crimea, as Moscow’s economy minister spoke of the cost of military ... Read More
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