Economics

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Putin Signs Law Limiting Foreign Investment

Russian President Vladimir Putin has signed a law that limits foreign investment in 42 sectors of the economy deemed “strategic.”

May 5, 2008 | Continued
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44 Percent of Russian Economy is “Off the Books” –Experts

Experts at the National Strategy Institute have found that some 44 percent of Russia’s economy operates outside of government oversight, and that some 6.5 trillion rubles of income are undocumented each year.

Apr 17, 2008 | Continued
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2008 Inflation in Russia Tops 5 Percent

Russia’s Statistical Service has revealed that prices have risen 4.8 percent in the first quarter of 2008, and 5.3 percent as of April 7th, 2008.

Apr 10, 2008 | Continued
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Russia has the World’s Richest Government –Forbes

Forbes magazine reports that Russia currently has the world’s richest politicians. Twelve billionaire delegates serve in the Parliament alone, for a net worth of some $41 billion.

Apr 7, 2008 | Continued
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Russian Economic Agency Ups Inflation Outlook

Russia’s Ministry of Economic Development and Trade has raised its expectation for 2008 inflation figures to 9.5 percent.

Mar 26, 2008 | Continued
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Putin and the Economy

Theotherrussia.org examines the state of Russia’s economy as President Vladimir Putin nears the close of his term, and looks at some of Putin’s successes and failures.

Mar 12, 2008 | Continued
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Russia and Europe To Clash Over Arctic Resources –EU Report

A new report from the European Union’s top policy officials signals a potential collision course between the EU and Russia over energy resources, as global warming releases currently inaccessible Arctic mineral riches.

Mar 11, 2008 | Continued
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Russia Moves to Limit Foreign Investment in Media, Internet

In what critics see as just one step toward control of the internet, a Russian draft law puts limits on foreign ownership of Russia’s media and internet providers.

Mar 6, 2008 | Continued
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Number of Billionaires in Russia Shoots Past 100

The number of super-wealthy Russians nearly doubled in 2007, and Russia now houses the second largest number of billionaires in the world. Oleg Deripaska leads the list with a value of some $40 billion.

Feb 19, 2008 | Continued
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Kremlin Tightening Grip on Business

As president Vladimir Putin prepares to step down in March, his administration leaves a legacy of re-nationalizing private companies, and appointing close associates to run the newly formed state corporations.

Feb 9, 2008 | Continued