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MOSCOW, Russia , November 5 /PRNewswire-FirstCall/ — CTC Media, Inc. ("CTC Media" or the "Company") (NASDAQ: CTCM), Russia's leading independent media company, today announced its unaudited consolidated financial results for...
MOSCOW, Nov. 5 (Xinhua) -- The Russian economy, which had been developing at high speed prior to the global financial turmoil and economic downturn, has suffered severe losses in the crisis. In order to inject anti-crisis fund...
MOSCOW — The Central Bank cut its key interest rates to record lows to boost lending, stem speculative inflows and help carry the commodity-reliant economy out of its worst slump since official records began more than a decade...
BUZZFLASH GUEST COMMENTARY by Nikolas Kozloff Last week, representatives of the Bolivarian Alternative of the Americas (known by its Spanish acronym ALBA) met in the Bolivian city of Cochabamba to discuss the future evolution...
MOSCOW — The ruble could surge back to its 2008 highs next year, reaching 23 against the dollar, if oil prices remain high and there is an influx of foreign investment, Deputy Economic Development Minister Andrei Klepach said...
RUSSIA - Cherkizovo Group, one of Russia’s leading integrated and diversified meat producers, saw a strong performance and improvement in margins despite the challenging economic conditions and lower consumer spending in the...
Maxim Zviagentsev, Quote.ru, "Bears are Going to Take Market", RBC daily, No.191, October 19, 2009, p.10 When speaking in Novo-Ogarevo on October 16, Russian Prime Minister Vladimir Putin stated that the Bank of Russia plans to...
Russian Finance Minister Alexei Kudrin REUTERS Ruble sets new highs; GDP rises in third quarter, jobless rate at 10-month low in September Toni Vorobyova and Denis Pinchuk Russia's economy put recession behind it with third...
MOSCOW — Gazprombank reported losses of 15.5 billion rubles ($529 million) after the ruble strengthened in September, its worst month this year, but a spokesman said the damage was only on paper and that it has earned more than...
Interfax, Vedomosti, No.192, October 12, 2009, p.A3. Over the past week, the Bank of Russia could purchase about USD 4.3 billion in the market to keep the ruble from excessive strengthening. Dealers say the rapid rise of the...
