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Recent Posts Tagged With 'russia'
Putin Orders Banks to Boost Lending, Sees Deficits
Russian Prime Minister Vladimir Putin told state-run banks to expedite loans to companies to help stem a financial crisis that will force the government to run deficits for at least three years. Putin called on banks such as OAO Sberbank and VTB Grou...
Russia Sees 8.5% Contraction In 2009, 0.1% Growth In 2010
Just a tad aggressive there on the ramp up, but if it works for Templeton, why should Russia be any different. Also: - Sees 2009 average oil price at USD 54 a barrel (current based on USD 41).- Gradual global weakening vs. USD through 2012. ...
Medvedev Questions Dollar as World Currency, Open to Yuan Swaps
Russian President Dmitry Medvedev questioned the U.S. dollar’s future as a global reserve currency and said using a mix of regional currencies would make the world economy more stable. Russia may consider ruble-yuan swaps. The dollar “is not in a...
