Economy

Dmitri Chavkerov MOSCOW (Reuters) – Russian financial market has adapted to Western sanctions and even foreigners have found ways to continue to work on it, said the Chairman of the Executive Board of Moscow exchange Alexander Afanasiev. “Despite all the shortcomings of our current time in terms of regulating the …

In the late Brezhnev was a memorable ditty, “even if it is eight, still we drink will not abandon, tell Ilyich – us on the shoulder and ten”. Later when Putin is doing the wiser. Vodka is not expensive, and Vice versa — everything is getting cheaper and cheaper and …

Today the Russian economy is affected by two conceptual factors. The first, internal, is linked to the wrong economic course of our country. Second, an external factor, usually associated with the fall in oil prices. A little consolation is that we are not alone in problems. The world really wants …

    Product Where Ayzatulov Faisal Al Nasser/Reuters The consequences of falling oil prices reached States in the Middle East: the government reduce the salaries of civil servants, and Central Bank of Saudi Arabia said about the need for more support to the economy. The regulator plans to pour into …

Few believe the Chinese official economic data. But they are still used for analysis because good alternatives are not many. Official figures for 2016 are telling us that real estate in China is again on the rise, loans to grow by leaps and bounds, manufacturing activity returns, state-owned enterprises to …

Operators of the Libyan oil fields began to increase production after receiving the okay from National Oil Company (NOC) of Libya. The extracted volume will be exported from the port Zuetina. In particular, the German Wintershall AG September 16 resumed production on the well Concession 96 field As the SAR. …

The government is preparing alternative versions of the main parameters of the Federal budget for 2017-2019 in addition to developed by the Ministry of Finance this summer. Alternatives is three. The first assumes only the increase in VAT, the increases in income taxes, and the third only increase in the …

So, an informal meeting of OPEC in Algeria had, undoubtedly, a positive but a bit vague result like the promises of “see you soon”. The members of the cartel agreed to limit the total oil production at the level of 32.5 — 33 million barrels per day, but all the …

Commodity superpowers are no more. The verdict is final and not appealable. Two years the oil market lies in the knockout due to the shale revolutionaries from the US and no promised price of hops the cost of “black gold” is not happening. Meeting the hydrocarbon exporters in the format …

Despite pessimistic predictions that OPEC could agree to reduce oil production. Presumably, the bulk of the production decrease should take over Saudi Arabia, but finally it will be solved only at the end of November at an official meeting of OPEC. Experts believe that negotiations are conducted only to maintain …