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News
Russia's economy
Russia's economy News
Russia
29 Oct 2015
Russia no longer a superpower: US
Russia is no longer a superpower as its deteriorating economy is ranked "somewhere behind Spain", the White House today said and stressed that Moscow's influence is limited compared to the erstwhile Soviet Union.
interest rate cut
30 Jan 2015
Russia's central bank makes surprise interest rate cut
The announcement to slash its key interest rate to 15 percent from 17 percent marked the first cut since December 2011.
Vladimir Putin
18 Dec 2014
Putin promises economic recovery, digs in on Ukraine
President Vladimir Putin on Thursday tried to quell fears of economic collapse and vowed rapid recovery from the worst financial crisis of his rule but stressed that his position on Ukraine has not shifted.
Russia
09 Dec 2014
World Bank lowers Russia's economic forecast as ruble falls
The World Bank announced a gloomier economic forecast for Russia on Tuesday as the ruble fell despite the central bank saying it had spent billions last week to prop it up.
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