MOSCOW, February 11 (RIA Novosti) - The European Union needs to review its energy relations with Russia and Ukraine in the wake of January`s natural gas row between the two countries, EU foreign policy chief Javier Solana said on Wednesday.
MOSCOW, February 10 (RIA Novosti) - The official dollar rate set by the Russian Central Bank for February 11 is 35.9285 rubles, down 19.73 kopeks from Tuesday, the Central Bank said.
MOSCOW, Feb 10 (Prime-Tass) -- A government working group has started monitoring the use of bailout funds by 70 Russian banks, the Prosecutor General`s Office said Tuesday, ITAR-TASS reported.
MOSCOW, February 10 (RIA Novosti) - The Russian government has no intention to consider restructuring the foreign liabilities of domestic companies and banks, Finance Minister Alexei Kudrin said on Tuesday.
Vladimir Putin, the Prime Minister of Russia, ordered a crackdown on insider trading in the country`s ailing stock markets yesterday and said that the country should create its own debt ratings agencies.
MOSCOW, February 9 (Itar-Tass) - Pensions’ indexation (adjustment to inflation) in the Russian Federation will most likely be conducted 4 times, not 3, as earlier planned, Prime Minister Vladimir Putin said at a meeting of the government’s presidium. "I ask the Finance Ministry to plan allotting corresponding resources for this," he said.
US President Barack Obama says if lawmakers fail to approve his proposals for tackling the recession, the economic crisis could become a national catastrophe. Obama is struggling to win the support of a divided Congress for his recovery package.
MOSCOW. (RIA Novosti political commentator Andrei Fedyashin) - The first Russian-British financial consultations in early February in London will reveal what Russia can expect from European banks. Regrettably, Russia cannot hope for much.
MOSCOW, February 9 (RIA Novosti) - Russia will complete the construction of the $1 billion Bushehr nuclear power plant in southern Iran on schedule, a Russian Foreign Ministry official said on Monday.
SAMARA, February 9 (RIA Novosti) - Russia`s leading carmaker AvtoVAZ on Monday restarted its production lines, which were halted on Friday over problems with suppliers, the plant`s spokesperson said.
MOSCOW, February 9 (RIA Novosti) - The official dollar rate set by the Russian Central Bank for February 10 is 36.1258 rubles, down 25.40 kopeks from Monday, the Central Bank said.
The Russian Defense Ministry has started the development of a new arms procurement program for 2011-2020, a Russian daily newspaper said on Monday, citing government sources.
In conditions of the global financial and economic crisis the growth rate of Russia?s economy this year can slow down to zero-two percent, Russian Deputy Prime Minister and Finance Minister Alexei Kudrin said at the opening of the Asian Financial Forum on Monday.
The prime ministers of Russia and Ukraine reached an agreement early Sunday morning to resume gas supplies to Europe by early next week.
The euro on Monday fell below 1.45 dollars for the first time since February as the market anticipated lower interest rates in the eurozone, with inflation concerns easing amid tumbling oil prices.
Russia placed 53.13 billion roubles of temporarily free budget cash in short-term deposits in commercial banks at an auction at an average rate of 8.04 percent, the Finance Ministry said on Tuesday.
BMW the world`s largest premium car maker, can still maintain the 40 percent annual growth rate in Russia this year but volume increases will decelerate starting 2009.
Oil prices rose slightly Monday as a flat U.S. dollar countered worries that tensions with Russia could interrupt the flow of crude between Europe and Asia.
Russia decided Monday to break off some trade agreements reached during negotiations to join the World Trade Organisation, as relations between Moscow and the West grew increasingly tense.
Stroytransgaz, one of Russia`s largest engineering and construction companies, announced Thursday it had signed a $400 million contract to build a gas pipeline in the United Arab Emirates.
Russia`s gold output increased 12.5%, year-on-year, in January-June 2008 to 62.06 metric tons (1.99 million ounces), the Union of Russian Gold Miners said Thursday.
BP said on Thursday it will appeal against a Russian court ruling that it illegally used its own staff at its Russian venture, TNK-BP, which if upheld may ultimately cost the oil major around $400 million.
Oil major BP and its four billionaire partners in Russian joint venture TNK-BP appear no closer to resolving a conflict over management after a board meeting in Cyprus on Friday, sources told Reuters.
Russia has reduced its oil shipments to the Czech Republic without providing an explanation, the Industry and Trade Ministry announced Friday.
The price for a barrel of oil shed more $2 Monday with the dollar gaining strength, but traders watched for a further weakening of the greenback and renewed Mideast tensions.