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economy

The savings Bank has lost $1 billion in Turkey

Sberbank continues to reduce the overseas business, which brings his losses on the background of U.S. sanctions and the European Union. Until the end of the year the largest state Bank of the Russian Federation will get rid of its “daughters” in Turkey. Denizbank will go to one of the …

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Merkel bends pipe to bypass the Kremlin

August 25, German Chancellor Angela Merkel will visit Azerbaijan. The purpose of the visit — the expansion of the Caspian gas supplies to Europe. According to Reuters, the parties will review the infrastructure development of the southern gas corridor (SGC), which is now Azerbaijani gas flows through Turkey to Europe. …

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Inglorious reformers. Part 1

Introduction Simultaneously with the start of the 2018 world Cup major capital in the face of the government of the Russian Federation launched a full-scale offensive on the proletariat. Was proposed: increasing the VAT rate from 18% to 20% and raising the retirement age for men from 60 to 65 …

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Prices: Sausage prepares to jump

Personal data Russians in July rose 1.3% and exceeded the official four times. Such data are contained in new research holding “ROMIR” which explores the situation in the consumer market. The “deflator (the index of the real inflation on the consumer market) in July rose by 1.33%. It is worth …

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Germany became interested in the gas pipeline bypassing Russia

German Chancellor Angela Merkel during his visit to Azerbaijan plans to discuss prospects of deliveries of the Caspian gas to Europe. According to Reuters, during the official meetings, the sides will consider issues of infrastructure development of the southern gas corridor (SGC), through which Azerbaijani gas flows through Turkey to …

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The dollar closer to 70

The Russian national currency continues to weaken against the dollar and the Euro during today’s trading on the Moscow exchange, with the U.S. currency for the first time since August 13, rose above 68 rubles and the single European currency for the first time since April 11, the above 79 …

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The problematic of new buildings becomes more

In Russia there are more than 13 million square meters of housing construction, causing concerns of shareholders. Of this amount, suspended housing is more than 9 million sq. m. Thus, last year this figure rose to 42%. In addition, in the regions there are almost 4 million square metres of …

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Romanians take Gazprom to Moldova, as the Gypsy horse

The authorities of Moldova is not planning to conclude with Gazprom a new contract on gas supply to the Republic. This was announced by the Minister of the economy the Prime Minister. The current contract expires at the end of 2019. However, the complete termination of cooperation with the Russian …

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