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Economy: Stay informed about economic trends, analysis, and insights on JMN.info. Explore the latest news shaping the global economy.

The world Bank downgraded its forecasts of the Russian economy

The world Bank revised the main indicators of Russian economic development in the coming years and sees the main risks in the uncertain economic and budgetary policies. The WB has prepared three scenarios for the years 2016-2018, which proceed from the preservation of economic sanctions against Russia. In the report …

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Who and why killed the village?

One German told me with bitterness that we, Russians, don’t even understand how we are rich and free, because in Germany even just to enter the forest, you have to pay money, to breed the fire – to pay the penalty, to take his son to run into conflict with …

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Economic growth prevents poverty

The world Bank notes that the recession has led to increased poverty, which in turn, inhibits the recovery of the economy The recession negates the significant achievements of Russia in the field of poverty reduction and reduced income, in turn, inhibits the recovery of economic growth. These findings are contained …

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The Russia’s revenues from oil sales fell by almost a half

In January-February 2016 oil export from Russia decreased in monetary terms by 1.7 times compared to the same period last year. Revenues decreased from 15 to $ 8.8 billion. It is reported Rambler News Service, citing data from the Federal customs service (FCS) In physical terms, exports increased by 2.6 …

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Kudrin and Gref are invited to “brain” storm

The economic Council under the President will undertake the development of a programme of reforms Rector of the Russian presidential Academy of national economy and state service under the President of the Russian Federation Vladimir Mau, the former Minister of Finance, Chairman of the Committee of civil initiatives Alexei Kudrin …

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Privatization of state enterprises Poroshenko

Considering the complications arising in the economy from the loss of the Russian market marked the beginning of massive anti-Russian campaign in the Ukraine, a thieving authorities rushed to find a way out. Unfortunately, this happened only after the West began to criticize the establishment just Kiev and Poroshenko himself. …

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