Economics
Inflation in Russia Tops 7% for 2008
Russia’s federal statistics service has released the latest figures for inflation in the country. Since January 2008, consumer prices have risen 7.2%.
May 21, 2008 | Continued
Russian Workers Continue Hunger Strike over Unpaid Wages
A hunger strike by workers of the Lobinsky biochemical plant entered its third week, after demands for back pay were not heeded by management.
May 14, 2008 | Continued
Day-Care Centers Losing their Buildings in Russia
Children’s rights activists described an alarming situation where private companies are evicting day-cares and schools and using their buildings for commercial ventures.
May 13, 2008 | Continued
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
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
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
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
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
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
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