Russia`s Chelyabinsk Zinc Plant said on Tuesday it will supply 5,300 tonnes of the metal and alloys to Ukraine and 500 tonnes to Belarus through local traders this year, thus diversifying its sales pattern.
Russia`s Finance Minister Alexei Kudrin said late on Saturday that U.S. officials have expressed the wish to conclude as quickly as possible multilateral talks on Russia`s accession to the World Trade Organisation (WTO).
The Russian Industry and Energy Ministry is expected to review RAO UES`s project on the electricity exports to China, Anatoly Chubais told journalists on Friday.
World Bank President Robert Zoellick on Sunday called on the bank`s 185 member nations to back a new direction for the poverty-fighting institution and give the private sector a bigger role in helping poor nations. ADVERTISEMENT
Russia`s Prime Minister Viktor Zubkov said on Friday it would make sense to revisit a proposal to build a second gas export pipeline link to Europe through Belarus.
Faced with soaring oil prices, a falling dollar and the worst credit crisis in nearly a decade, the masters of global finance have a simple message for jittery markets: Be calm, we are keeping an eye on things. ADVERTISEMENT
Russia is interested in gradual U.S. dollar decline, Russian Vice-Premier and Finance Minister Alexei Kudrin said. He participated in the Group of Eight finance minister and central bank head meeting in Washington.
"The Vietnamese government will foster economic, trade and investment cooperation with Russia , benefiting both countries", Prime Minister Nguyen Tan Dung said.
The world`s top finance leaders said Friday order was returning to financial markets but warned of lingering instability likely to dampen economic growth as they turned up the heat on China to ease its currency restrictions.
Oil prices held near $90 a barrel Friday, a barrier crossed for the first time in after-hours trading in New York on speculative buying.
The Russian Finance Ministry plans to repay, ahead of schedule, a $343 million loan to the U.S. on Friday under a 1998 credit agreement for agricultural supplies saving $46.7 million in interest.
The European Union on Friday said it was disappointed with South Korea`s offer in talks on a free-trade agreement and called on Seoul to do more.
Spending on computer technology will top a trillion dollars this year as the industry grows increasingly vital to national economies worldwide, according to a study by the technology market intelligence firm IDC released Thursday.
The European single currency surged past 1.43 dollars for the first time in its short history on Thursday, lifted by the prospect of lower interest rates in the United States.
Russia▓s gold and foreign exchange reserves increased by 9.2 billion dollars (by 2.2 percent) from 424.8 to 434.0 billion dollars from October 6 to 12, the economic new agency PRIME-TASS reports on Thursday with reference to the Central Bank of Russia.
Russia`s inflation may exceed 10 percent in 2007, Deputy Economy Minister Andrei Belousov told journalists today. He noted that a rapid increase in inflation rate in the fall was triggered by higher consumer product prices.
Russia is ready to consider an issue of lifting the embargo for Polish meat only after inspections at companies intending to export their products into Russia, Rosselkhoznadzor Spokesman Alexei Alexeenko is quoted as saying by Mayak Radio.
Russia`s largest car manufacturer AvtoVAZ and Italy`s Fiat Group have signed a memorandum on mutual understanding and cooperation, the Russian company said on Monday.
China kicked off the Canton Fair - the country`s biggest trade show - this week amid lingering concerns about a series of embarrassing product recalls that have raised questions about the "Made in China" label.
Oil prices rose in Asian trading Tuesday, holding above a record close hit overnight on fears Turkey will pursue Kurdish rebels into Iraq and disrupt oil supplies in the region.
Economist Leonid Hurwicz thought he was too old to win the Nobel Prize at age 90 - until his telephone began ringing on Monday morning.
Russian Prime Minister Viktor Zubkov has urged the biggest foreign investors to invest their capitals into the development of Russia`s infrastructure. "The infrastructure is the main challenge to our economy at present, we realize this as well as the fact that it is private investors who should play first fiddle in the investment process," Zubkov said.
Poland could block Russia`s entry to the global trade organization if Moscow fails to lift the 2005 embargo on imports of agricultural products, a deputy agriculture minister said on Monday.
Major banks including Citigroup Inc are looking at setting up a roughly $80 billion fund to buy ailing mortgage securities and other assets, in a bid to prevent the credit crunch from further hurting the global economy, sources familiar with the matter said.
Uralkali raised $947.97m in an IPO on the London Stock Exchange placing 12.75 percent of its share capital at $3.5 per share and $17.5 per GDR representing five shares.