Russian indices are expected to remain in a "turbulent zone" on Wednesday. Trading volumes are likely to be low, as investor activity is slowing down marking the end of both the month and the first quarter of 2012.
Russian markets are likely to continue their downward trend on Friday weighed by negative data from the eurozone and China.
Ukraine says that it will buy gas from Germany, if Russia doesn`t reduce prices in its long-term contracts. Experts say this may be a ploy to get a discount on gas, which is unlikely to work.
The European Commission wants pipelines linking Russia and Europe through Nord Stream to reserve up to half of capacity for third party suppliers. Analysts wonder whether this could endanger deliveries of Russian gas to Europe.
The International Monetery Fund has approved a four-year, 28 billion-euro bailout for Greece, part of a bigger rescue package which is hoped to save the country from a possible default that had been predicted for the end of March.
Eurozone finance ministers have reached a deal for a second 130-billion-euro bailout for crisis-stricken Greece. The country`s debt will also be lowered by private holders who agreed to face value loss of 53.5 per cent on their bonds.
Fierce opposition to the arrival of international supermarket chains has forced a government rethink in India. Many fear foreign giants could ruin millions of small businesses in India, while supporters argue they would lower prices for consumers.
Analysts from one of the world`s biggest commercial bank, Goldman Sachs, are advising buying Russian shares listed on NASDAQ.
Capital outflow from Russia by a record $84 billion in 2011 according to a preliminary Russian Central Bank (RCB) report. Analysts believe the trend will not change at least until the middle of 2012.
The Association of European Businesses (AEB) announced the car sales in Russia boomed in 2011 exceeding previous forecasts.
Russian companies are among the world leaders in using social media as more than half of them apply social networks for business purposes.
The death of North Korean leader Kim Jong-il has caught most of the world off guard. Beijing, Seoul, Tokyo, Washington and Moscow are all concerned about a smooth transition which will see Kim`s youngest son Kim Jung-un take over the reins of power.
The middle-class in America is shriveling at an unthinkable rate, as a new study pulling from US Census data reveals that more families are finding themselves among the very poor or very rich.
If the gas industry bosses in Russia are to be believed, we`re entering a new golden age for the `blue fuel` as it`s called. It will be a win-win situation for Russia as consumption is expected to show double digit growth.
Good economic numbers has prompted President Medvedev to suggest Russia is in a much better prepared for a second wave of crisis than Europe.
Russian banks are asking for less money than the Ministry of Finance has actually offered, with the offer from the primary regulator almost tripling its previous one.
Russia`s service sector remained soft in October, as the HSBC Services PMI went up just marginally. Uncertainty around the global economy and coming elections seem to have driven public expectations in this area to their worst since February 2009.
Moscow could allocate as much as $10 billion through the IMF to help indebted European countries, says presidential aide Arkady Dvorkovich.
The crucial summit of Europe`s finance ministers which was expected to provide details of a euro zone rescue plan has been cancelled, leading to more anxiety on stock markets around the world.
European banks agreed early on Thursday to write off 50 per cent of Greek debt. The deal was reached during an emergency summit in Brussels overnight. The EU and the IMF will also give the country another one hundred billion euros in rescue loans.
Barclays will sell its banking operations in Russia to banker Igor Kim, while retaining its presence in the investment market.
Moody´s rating agency says the economic turmoil could seriously affect Russian banking.
China, as the country with the world`s biggest financial reserves, has thrown its weight behind the EU`s efforts to contain its financial crisis, offering European countries its broad financial shoulder to lean on.
Sunday`s meeting of European leaders aimed at resolving the region`s debt crisis has brought proposals on the recapitalization of EU banks, bailout package volumes for Greece, the modernization of EFSF and creation of new economic government.
VTB Capital creates the world biggest fund to develop agriculture.