Experts of the Gaidar Institute and the Russian Academy of national economy and public administration under the President (Ranepa) said that the Russian economy has passed a bottom of crisis and adapt to shocks. How it should be treated? The current economic model of Russia is built by a team …
Read More »The Collapse Of The “Uralvagonzavod”
Deputy Prime Minister Rogozin appealed to President Putin with a proposal to transfer “Uralvagonzavod” (UVZ) in the Department of “Rostec” and change the leadership there. At present, Uralvagonzavod is wholly owned by the state, 100% of its shares belong to Rosimushchestvo. At the end of the first half of 2016 …
Read More »I had a gap pattern, and here’s why
Well finally, to finish finally apologetic of capitalism in Russia: I had a break from the pattern and here’s why. I have heard so often over the past 30 years about the complete ineffectiveness of the Soviet (socialist) economy, which is absolutely believed it. I had never had to put …
Read More »The king is naked!
The role of the little boy in Andersen’s fairy tales sang Putin, who in a concise form, only one “draft law on plutonium”, to show the world that the United States something is a fake superpower. The bubble that hit the consciousness of the world community to their gigantic size. …
Read More »The military budget – not war?
The Ministry of Finance published the draft amendments to the budget for the year 2016. Instead of sequestration, the Agency Siluanov proposed to raise the cost of 680 billion rubles. And, by the secret articles. In this case, their share in total expenditure will rise to 22%, that is, until …
Read More »The IMF left unchanged the growth forecast for the global economy in 2016
The international monetary Fund has said about maintaining the same forecast of the growth of the world economy in 2016 (up 3.1%). The IMF noted that in the absence of decisive policy measures such slow growth will continue in the future. Earlier it was reported that the IMF significantly raised …
Read More »The budget is prepared for war
Budget sequestration in 2016 on 374,5 billion rubles at the same time to increase defence spending this year on 678,8 RUB billion, Such a budget structure Ministry of Finance proposes to adopt the government on 5 October. The Finance Ministry is also preparing amendments to the Budget code, the Agency …
Read More »Chinese billionaire named China’s property market the biggest bubble in history
When the richest man in China, who have succeeded in real estate, calls the country’s real estate market “the biggest bubble in history” is not a good sign. Wang Jianlin, the billionaire owner of Dalian Wanda Group, said in an interview with CNN last week: “the Government has tried all …
Read More »Media: the President can obtain the right to reallocate 10% of all budget expenditures
The Ministry of Finance submitted to the government a draft law on amendments to the Budget code. The amendment would allow the Minister of Finance no change in the Federal law on the budget to reallocate up to 10% in budgetary allocation, “under the main Manager of means of the …
Read More »Moscow has accused Washington in “a direct undermining of the” economy of the Russian Federation
In 2014 the US is taking hostile steps aimed at a direct undermining of the economy and social stability of the Russian Federation, said the Russian foreign Ministry in connection with the withdrawal of Russia from the Treaty on utilization of plutonium. “After the reunification of the Crimea with Russia …
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