The Russian leadership believes former Finance Minister Alexei Kudrin, one of the most successful members of the Cabinet and one of the best Finance Ministers in the world, so do not refuse his help, reported the President’s press Secretary Dmitry Peskov. “Naturally, Kudrin has excellent knowledge, he is …
Read More »The recovery of the global economy under threat
The world economy is experiencing a period of weak growth and “weak, uneven” recovery, evidence indicates the Index of economic recovery, compiled by Brookings Institution and Financial Times. In anticipation of the spring meetings of the Directors of the IMF and world Bank, which will be held this week, the …
Read More »Who benefits from the decline in oil prices?
Until the first crisis in 1974 the price of oil has established consumer countries. Thus, in the postwar years per barrel consistently gave 1 dollar, despite a steady increase in demand of 6% per year. Then, after 1974, the pictures passed into the hands of producers, in particular through the …
Read More »Ukraine entered the TOP 25 on the cheapness of life
According to a study by rating company GoBankingReates, Ukraine took the 24th place out of 112 on the cheapness of life. Analysts evaluated the performance of local purchasing power, the cost of rental housing, the prices of food goods and services, writes UNN referring to Time. The benchmark was chosen …
Read More »Oil is rising: in the U.S. closed drilling
The price of Brent exceeded $ 42 per barrel. Oil prices rising on Monday, April 11, after the publication of data about the new reduction in the number of working drilling rigs in the U.S., reports Bloomberg. Quotation of June futures for Brent crude on London’s ICE Futures exchange to …
Read More »American corporations are mired in debt and other “tails”
1. Report on progress of fundraising for “the patriot Handbook”. For the first week have managed to collect about 450 thousand rubles, with some money still on the way. I hope that we this amount will last a year — a rate of 30-40 thousand rubles a month. The money …
Read More »CIS are adapting to the crisis
In the Commonwealth of Independent States (CIS) is brewing a reform, which would enhance the effectiveness of the organization in conditions of economic crisis. According to the Chairman of the CIS Executive Committee Sergei Lebedev, the CIS elimination of the question, but its members consider it necessary to adapt the …
Read More »Nabiullina: the increase in productivity will spur economic growth
Outside — April. The dollar, which in January was 80, now on a mark of 67. Those who took a mortgage in the currency or buys goods and services abroad, you can breathe more freely. But for most even more important is the availability of loans in rubles. By the …
Read More »About gasoline and potatoes: why and how prices rise
Fighting inflation the liberals in the government by the Bank of Russia carried out a monstrous way, borrowed from the 90’s: they are extremely tightening fiscal policy. They create artificial famine, like in the economy of free competition, where the price dynamics is affected only by the volume and …
Read More »Where does the money go from Panamanian offshore?
In fact, with a Panamanian offshore simple man in the street sees only the tip of the iceberg. Try to put yourself in the place of the billionaires who want to keep their loot acquired wealth. The main purpose of the Panama offshore companies drain was not Putin. His name …
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