Russian Information Network
Russian All News Top 10 News News Export Photo magazine All comments
 Russian News Russian News 
Politics
Society
Economics
Accidents
Nature & Health
Hi-Tech
Culture
Sport
Celebrities
World News
 


  Politics 
5 of August, 01:02

Putin will discuss with the Cabinet distressed economy
The Russian President Vladimir Putin on Wednesday will hold a government meeting, which will discuss issues of support for distressed sectors of the economy.
"Putin will hold a regular meeting with government members, during which it is expected to discuss the implementation in the 2nd half of 2015 measures to support sectors of the economy who find themselves in difficult financial and economic situation ", leads RIA "Novosti" letter of the press service of the Kremlin. Russia is already the second year that exists in the conditions of sanctions, imposed by Western countries on the situation in Ukraine, first against private individuals and legal entities, and then against entire sectors of Russia's economy.
The situation is aggravated by the collapse of oil prices, which lasts from the beginning of the previous summer. Russia this summer extended food embargo concerning States that have entered against her punishment, Another year 5 August 2016. It was a response to the extension of EU sanctions against Russia until 31 January of the same year. The limits affect the US, EU, Canada, Australia and Norway. Prime Minister Dmitry Medvedev on Tuesday said that the Government can sign up to the President with a petition to lengthen the list of countries that fall under the food embargo. First of Montenegro, Albania, Iceland, Liechtenstein, Norway and Ukraine joined the extended economic sanctions of the EU towards Russia. In addition, last week the U.S. Treasury Department said on the introduction of new penalties regarding eleven physical and fifteen legal entities, including, for example, "daughter" Bank and " Rosneft ". The limits are also affected personally by Roman Rotenberg, a Russian businessman, the son of the businessman Boris Rotenberg and his nephew Arkady Rotenberg, the son of former President of Ukraine Oleksandr Yanukovych. In terms of penalties and retaliatory food embargo of the Russian Federation a priority for the Russian authorities was the development of import-substituting industries. Another problem for the Russian economy are sharp fluctuations in the prices of petroleum products. This week they hit a new lows on expectations of a return of Iran to the world market after the lifting of sanctions. The price of Brent for the first time since January have gone below $ 50 per barrel. Against this background, the dollar and the Euro on the first day of the week has jumped almost 2% against the ruble prior highs from March in district 63, 025 rubles and 69, 10 rubles respectively. Experts are afraid that the oil will update low this year around 45 dollars per barrel and the ruble will slide to the level of 65 rubles per dollar. In this situation the Bank of Russia, you May need to take regular measures to stabilize the currency market. Due to the sharp volatility in the oil market, the Russian authorities many times had to correct macroeconomic forecasts and budget. Last forecast Ministry was set based on the average annual price for oil in 2015 to $ 50 per barrel. In 20162018, the Ministry expects the price level are 60, 65 and 70 dollars per barrel respectively. Despite all the problems, the Prime Minister believes that the worst-case scenario in the Russian economy turned out to defend. Despite the pessimistic forecasts, the authorities managed to stabilize the situation, adapting to the new conditions, Medvedev said at the end of July in conversation Slovenian media. The government of the Russian Federation at the end of January adopted the anti-crisis plan for 2015-2016, which predusmatrivaet support of most sectors of the economy. This package of measures aims to provide sustainable economic development in the context of an unfavourable external environment. According to Medvedev, the economic problems of Russia are currently associated mostly with the punishment of the West, and with the backlog of internal structural imbalances. The Prime Minister expects the Russian economy is already at the end of the current early next year, will take to the path of improvement. International monetary Fund following the completion at the end of July the annual consultations with the Russian Federation positively assessed the measures taken by the Russian authorities of the Russian Federation to stabilize the economy. Medium-term growth of the Russian economy, according to IMF forecasts, will be limited to 1, 5% per year, With the main risk will remain geopolitics. The Fund predicts that the punishment of the West and the response of the Russian Federation will reduce the economy by 1-1. 5% at the initial stage, and in the medium term, 9% of GDP. First, in July, the IMF has improved the forecast on the dynamics of Russia's GDP in 2015 to decline to 3, 4% expected in April 3, 8%, but worsened the forecast increase in 2016 to 0, 2% 1, 1%. The world Bank expects the fall of the Russian economy in 2015 by 3, 8%, and in 2016, only 0, 1%. The Ministry of economic development predicts the Decline of Russia's GDP in 2015 by 2, 8%, industry 1, 3%. Already in 2016, the Russian economy, according to the Mayor, will grow by 2, 3% When the price of oil at $ 60 per barrel. According to the analysis of economic development, for the first half of the Russian GDP decreased by 3, 4% on the same period in 2014. The decline in the industry of Russia, according to Rosstat, in January-June amounted to 2, 7%.


sections: Politics

123317
eng
ON THIS THEME:
[View all comments] [Print]
  User Comments 
[Add comment]

There are no comments for this article yet. Be first to post a comment!
[Add comment]
  Headline 
FAS has fined mobile operators of the "big four" in the case of roaming

21 of September, 11:04

The Federal Antimonopoly service (FAS) imposed on each of the cellular operator "the big four" ( " VimpelCom ", " MegaFon ", MTS and Tele2) Fines in the case of national roaming, said Deputy head of Department Anatoly Golomolzin." Fines on operators imposed in the amount of

  Worth to read 
Anti-Russian sanctions hit hardest in the European Union, said the UN


Anti-Russian sanctions hit hardest in the European Union, said the UNPunishment imposed by Western countries against Russia, hit hardest in the European Union, said in an...
 In Thailand, the fear of repeated flooding of the cave where there are children


In Thailand, the fear of repeated flooding of the cave where there are childrenDiscovered in a flooded cave in Thailand, students ought rather to teach the use of scuba diving and...

Named the approximate time of construction of a bridge to Sakhalin


Named the approximate time of construction of a bridge to SakhalinThe construction of a bridge to Sakhalin could begin in 2021, said at the international geotechnical...
 In DVZHD called the approximate time of construction of a bridge to Sakhalin


In DVZHD called the approximate time of construction of a bridge to SakhalinThe construction of a bridge to Sakhalin, if it is decided to build, will begin in 2021 and will last...

In Salisbury two people were hospitalized because of "an unknown substance"


In Salisbury two people were hospitalized because of "an unknown substance"Law enforcement agencies in the English County of Wiltshire, said Wednesday morning on the "serious incident"...
 In the Swedish örebro shooting occurred


In the Swedish örebro shooting occurredIn the end a firefight in Orebro, 200 kilometers from Stockholm damaged citizens. About it reported in...

  Politics 
Sort by: date rating
Defense presented evidence of the attack of the APU on the Malaysian BoeingDefense presented evidence of the attack of the APU on the Malaysian BoeingSwitzerland has complicated accreditation for Russian diplomatsSwitzerland has complicated accreditation for Russian diplomats
Ended exercises "Vostok-2018"Ended exercises "Vostok-2018"Arrested for the attempt on Zakharchenko in 2017, revealed details of a terrorist attackArrested for the attempt on Zakharchenko in 2017, revealed details of a terrorist attack
Stoltenberg has threatened RussiaStoltenberg has threatened Russia's response in the case of "cyber attacks"The police ruled out the theory of poisoning victims in Salisbury NoviceThe police ruled out the theory of poisoning victims in Salisbury Novice
The Greek Metropolitan has accused Bartholomew in schismThe Greek Metropolitan has accused Bartholomew in schismIn the state Duma praised KievIn the state Duma praised Kiev's plans to create a naval base on the sea of Azov
The Kremlin said that more and more countries looking for an alternative to the dollarThe Kremlin said that more and more countries looking for an alternative to the dollarBritish media reported on two new "suspects" in the case SkrobalaBritish media reported on two new "suspects" in the case Skrobala
A major military exercise in Russia will become a regularA major military exercise in Russia will become a regularIn DND said about strengthening of activity of Ukrainian drones
In the US there were fake letter to Putin in support of the Congressman-RepublicanIn the US the fake "letter to Putin" in support of the Congressman-Republican
Us drone noticed at the black sea coast of RussiaIn Kamchatka found the body of missing fishermanIn Kamchatka found the body of missing fisherman
Found the last pictures of the "Union" before the appearance of holes in it, the source saidFound the last pictures of the "Union" before the appearance of holes in it, the source saidThe President of Finland said, why not afraid of Russia
In the United States without any explanation closed solar ObservatoryIn the United States without any explanation closed solar ObservatoryThe suburbs of Damascus, was subjected to missile attack
 1  2  3  4  5  6  7  8  9  10 >> 5489
 Day headline Day headline 
China has made the United States the idea of sanctions for cooperation with Russia

21 of September, 10:04

 
 News of the week News of the Week 
  • FAS has fined mobile operators of the "big four" in the case of roaming
  • China has made the United States the idea of sanctions for cooperation with Russia
  • In the Irkutsk region derailed 12 freight cars
  • "Roscosmos" will continue to participate in the creation of a lunar station Gateway
  • In the state Duma proposed to change the procedure for compensation of damage caused by the accident
  • Ukraine is preparing sanctions against chemical companies from working in Crimea
  • The United States expanded sanctions against Russia
  • Defense presented evidence of the attack of the APU on the Malaysian Boeing
  • Switzerland has complicated accreditation for Russian diplomats
  • Ended exercises "Vostok-2018"

  •  Photos Photos 
    Ballerina strips to `spite paparazzi`
    Raunchy secret of telly news girl
    Top 10 Richest Persons In The World Now
    Joel Madden says Nicole Richie brings out the best in him
    Top 10 Richest Persons In The World Now
    Virtual Visiting Cards
    Tests
    Game Server


     News by regions News by regions 
    Far East region
    Volga region
    North-West region
    Siberian region
    Ural region
    Central region
    Southern region

     Subscribe Subscribe 
    Name  
    E-mail   
    Type HTML TEXT
    All sections
    Politics
    Society
    Economics
    Accidents
    Science & Technics
    Culture
    Sport
    In the World
    Top 10 today
     once per 3 hours
     once per 6 hours
     once per 12 hours
     once per 24 hours


     
     
     
    Politics Society Economics Accidents Nature & Health Hi-Tech Culture Sport Celebrities World News
      Copyright © RIN 2005-2006 * Feedback