International reserves of Russia on 13 may was $390,9 bn, said the Bank of Russia. As of may 6, the international reserves amounted to $391,9 billion, so during the week they fell by $1 billion. The Central Bank explained the dynamics of international reserves of foreign exchange and market revaluation. …
Read More »Russia’s revenues from oil and gas fell by another third
Russia’s revenues from oil exports decreased in the first quarter of 2016 by 38% and amounted to 14,093 billion. This is stated in the message of Federal customs service of Russia. The volume of exported oil increased in the first three months by 4.6% to of 61.95 million tons. Revenues …
Read More »The European Commission downgraded the forecast decline of Russia’s GDP in 2016
Experts of the European Commission downgraded the forecast of decline of the Russian economy in 2016 from 1.2% to 1.9%, according to a published report, the EC spring forecast of economic situation in the EU and the leading States of the world. At the same time, experts of the EC, …
Read More »Russia’s foreign policy in the next five years: goals, incentives, benchmarks
In 2014, when the Ukrainian crisis erupted, Russia had ceased to play by the rules prevailing in the system of international relations after the cold war, and openly challenged American hegemony. This step is actually completed twenty-five years of the cooperation of the great powers was the beginning of an …
Read More »Russia’s largest oil company fell by 250 billion rubles
Capitalization of the six largest oil companies in Russia on Monday, 18 April, fell by about 250 billion rubles. This is evidenced by data Moscow exchange. The price of Rosneft shares as of 17:00 Moscow time has decreased on 2,8%, the capitalization of the company fell to 3.19 trillion rubles. …
Read More »Russia’s actions in Syria has increased the demand for Russian weapons
After the operation of the aerospace defence forces of Russia in Syria’s domestic air-defense systems became interested in China and India. This was announced by the presidential aide for military-technical cooperation Vladimir Kozhin. At the moment, with the representatives of the two countries are negotiating over the purchase of air …
Read More »Russia’s economy will collapse in one day
Official forecasts up to 2020 and the harsh reality of Russia. Why you shouldn’t entrust the government forecasters Medvedev to teach the donkey to read. Why can be broken not balance on the scales and the scales themselves, although Russia does not want revolution. What should be the economic policy …
Read More »Saxo Bank: Russia’s economy for the year will be reduced by 2%
Prospects of the Russian economy and the dynamics of the ruble exchange rate is currently 90% dependent on external factors. Such opinion was stated today to journalists the chief economist of Saxo Bank Steen Jakobsen. According to his estimates, the fall in Russia’s GDP in 2016 will be about 2%, …
Read More »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 …
Read More »The world Bank has lowered its forecast for Russia’s economy
The world Bank downgraded the dynamics of Russia’s GDP in 2016. The international organization expects the economy to contract by 1.9 per cent instead of 0.7 per cent projected earlier. This is stated in an April world Bank report. Also a more pessimistic forecast of growth of Russian economy in …
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