Economics
$33.8 Billion Required to Save Monotowns
Russia’s Ministry for Regional Development is estimating that about $33.8 billion would be required to modernize one hundred of the country’s struggling single-industry towns.
Mar 10, 2010 | Continued
Children Taken from St. Petserburg Mother for State Debts
Custody officials in St. Petersburg have taken four children into custody from a woman in debt to the state housing authorities, promising to return the children after she repays the money.
Feb 15, 2010 | Continued
Russia Ranked Highest in Economic Crime
A global survey by PricewaterhouseCoopers has ranked Russia in first place for prevalence of economic crime, with 71 percent of corporations admitting to at least one instance in the past year.
Nov 22, 2009 | Continued
State Corporations Face 22 Criminal Charges
An audit of Russian state-owned corporations has revealed violations that have resulted in 22 criminal charges, and proposals to the government include a combination of possible privatization and increased government oversight.
Nov 11, 2009 | Continued
Immortal Inflation
Sergei Shelin aruges that not only has the Russian government failed to quell inflation, but that mechanisms to support it are cemented in Russia’s economy.
Oct 31, 2009 | Continued
Russia in the News: August 31, 2009
A roundup of topical news stories from Russia.
Sep 1, 2009 | Continued
Growing Number of Russians Living in Poverty
The number of Russians living below the subsistence minimum rose for the first time since 2002, and unofficial estimates predict that over 40% of Russians are now struggling to make ends meet.
Aug 31, 2009 | Continued
Russia Still Far From Economic Recovery
As the global economy shows positive signs of recovery, Russia continues to lag behind.
Aug 29, 2009 | Continued
Putin Suggests State Should Set Housing Prices
Russian Prime Minister Vladimir Putin announced Friday that the State should play a greater role in setting prices for housing.
Aug 14, 2009 | Continued
In Economic Indicators, Russia Lags Behind Its Neighbors
Russia is behind the rest of the former USSR in terms of economic decline, inflation, and income decline, argues analyst Mikhail Sergeyev.
Aug 7, 2009 | Continued
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