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2009-04-24, 13:14

Content of arsenic, mercury and ticks to be limited in Russian beer

The content of toxic substances - lead, arsenic, cadmium, mercury, radioactive nuclides, caesium, pesticides and ergot - must be restricted in the Russian beer. Parasites of bread reserves - insects and ticks - must not appear in the production process. Beer must be made without the use of ethyl alcohol. Labels on the end product must provide full and true information for customers. These are a few of the new technical regulations on beer; the document was submitted to the Russian parliament, the State Duma, on Tuesday, The Vremya Novostei newspaper wrote.

2009-04-21, 13:19

Government turns up voltage on power investors

Russia’s Energy Ministry is to increase supervision over investment in Russia’s power generating firms by their owners. That’s after he accused several private companies of failing to invest as promised.

2009-04-18, 11:19

Tax exactions to be increased

Federal revenue service suggested to government new source of supplementing state budget. The administration triggered new reverse tax introduction. It is supposed to impose 0,5% taxes on every funds transferring operation from accounts of juridical persons and individual entrepreneurs carried out in order to pay for goods or services.

2009-04-17, 13:31

Up, down or static… what next for the job market?

The official picture of the economic crisis is somewhat at odds with reality. In turbulent times, most governments try to encourage people by painting a brighter picture. But the truth is that Russia has seen nothing like this, not even during Soviet times.

2009-04-16, 14:46

Unemployment in Russia reaches alarming level

The number of officially registered jobless in Russia has reached 2.2 million, President Dmitry Medvedev said at a meeting with experts at the Institute of Modern Development.

2009-04-10, 10:27

Russia`s RZD posts $800 mln loss in 1Q09

Russian railroad monopoly RZD said Thursday its losses in the first three months of 2009 were 26.8 billion rubles ($800 mln), while second-quarter losses were expected at 14.2 billion rubles ($418 mln).

2009-04-10, 10:01

Russian monetary base down 0.5% in week to $110.3 bln

Russia`s Central Bank said on Friday the country`s narrowly defined money supply (M1) was 3 trillion 710.1 billion rubles ($110.3 billion at the current exchange rate) as of April 6, down by 19.7 billion rubles ($585.6 million) in the week since March 30.

2009-04-01, 14:56

Medvedev calls for new global financial architecture

Russian President Dmitry Medvedev said on Tuesday that global financial institutions need to be reformed to meet modern challenges, and that a new international currency system should be developed.

2009-04-01, 12:59

Russian-produced Ford Mondeo cars go on sale

The first Ford Mondeo cars to be produced at a Ford car plant near Russia`s second largest city of St. Petersburg have gone on sale in Russia, the company said in a statement on Wednesday.