Economy

Russian Stock Market in Danger After China Tumbledown

After Chinese stock market dropped by 9 percent on Tuesday, the suit was followed by the DJIA in the U.S. and by the European stock markets. Russian stock market is the next in line to undergo the test of what’s worth.

Popularity: 5% [?]

February 28, 2007

Foreign Drugmakers Earn too Much on Russian Program - Putin

Vladimir Putin said Johnson & Johnson and Novartis AG are making too much money on the state’s $1.3 bln subsidized-medicine program.

Popularity: 19% [?]

Russia Will Spent $3.5 Billion to Support Export Activity

A total of $3.5 billion will be spent in support of the export of Russian products, while the state Development Bank will begin to work in the second half of the year.

Popularity: 3% [?]

Russia Raises 2006 Growth Forecast

US Trade Representative Susan Schwab (L) and Russian Trade and Economic Development Minister German Gref (R) shake hands after signing a bilateral agreement that paves the way for Moscow to join the World Trade Organization (WTO)

Russia’s Economy Ministry increased its forecast for 2006 economic growth to 6.8 percent, faster than its initial forecast for 6.6 percent, citing rapid expansions in consumer and investment spending, according to Bloomberg reports.

Popularity: 3% [?]

December 5, 2006