Putin distanced himself from the anti-crisis plan of the government, inspiring sadness The final version lost another 195 billion Vladimir Putin distanced himself from the anti-crisis plan of the government. At a meeting with members of the Cabinet about the document signed the day before not a word was said …
Read More »Risks of de-dollarization
The Central Bank intends to dedollarizing banking system. About it February 11, said Elvira Nabiullina. De-dollarization should relate to currency deposits and funds of enterprises. The Central Bank will gradually apply measures that will encourage the reduction of foreign currency assets and liabilities of banks. The Central Bank is concerned …
Read More »Russia will face another three years of crisis
The Ministry of economic development lays in the forecast until 2019, the freezing of public sector wages and pension, the indexation of pensions by 4% The Ministry of economic development has determined basic prerequisites for socio-economic development of Russia (there is a “Sheets”) for 2016 2017-2019, and the Official forecast …
Read More »Germany is the next big problem of Europe
If earlier the experts were worried about the debt of peripheral Eurozone countries, but now, as stated by the American political scientist George Friedman, Europe was faced with a much more serious problem: the German economy. And the source of the problem for Germany and Europe as a whole is …
Read More »“The ark” after the death of “Titanic” is very useful
Editorial assignment at this time was seemingly not associated with an international theme, however, when people begin to talk about money, more “human values” and to invent difficult… The Chairman of the Federation Council Valentina Matvienko has held session of the Interregional banking Council under the Federation Council. Topic: “Combating …
Read More »The Rothschilds are searching for Russia the way out of the crisis
Russia remains a desperate need even in a strategic project that we are in the last quarter century and not created. Global business discovered first in Libya and then banned in Russia as a terrorist is, what is the coolest field commander has been selling oil much cheaper than the …
Read More »Greece predicting bankruptcy as early as this spring
In late March, Greece could face difficulties in servicing their debts to international lenders. The main reason is the lack of reforms, writes Der Spiegel. Under the terms of the loans, 7 March Greece must repay to the International monetary Fund (IMF) EUR 300 million, and on March 16 – …
Read More »The rise in the price of gold is a harbinger of a currency crisis
This year, the gold feels better than other asset classes. From the beginning, its value has jumped 16 percent amid investor interest in traditionally safe assets. The gold increases, while the pound sterling is falling. Analysts compare it with the European currency crisis of the 1990s, when Britain in late …
Read More »Citigroup: the prospect of a global recession
Citigroup once again gave grim economic forecasts. In the current version of the economists of the group talking about the high probability of global recession, the main reason is slower growth in the developed economies. Previously Citigroup have already talked about the growing risk of global recession, however, is motivated …
Read More »The drop in real incomes of the population increased from 1.4% in January to 6.3% in January of this year.
The drop in real incomes of Russians plunged from 1.4% in January of last year to 6.3% in the same period this year. The real impoverishment and even the impoverishment of most Russians is much deeper – as due to the understatement of official inflation and concentration of wealth in …
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