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U.S. economist Stiglitz hopeful, but warns recession not done yet

21:39 02/07/2009

Well-known U.S. economist Joseph Stiglitz on Thursday said he hoped the worst phase of the global crisis was over but noted that the recession would continue to be felt for a while.

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Joseph Stiglitz calls Russia's WTO entry terms 'outrageous'
21:02 02/07/2009
Prominent U.S. economist Joseph Stiglitz on Thursday called the terms demanded of Russia to join the World Trade Organization "outrageous" and praised Russia for standing up to the global trade body.
Russia's natural gas output down 20.8% to 274 bcm in 1H09
18:36 02/07/2009
Russia's natural gas production declined 20.8%, year-on-year, in January-June 2008 to 274.275 billion cubic meters while exports declined 54.55% to 45.523 billion cubic meters, the Energy Ministry said on Thursday.
Russian anti-trust body to fine oil companies for price hikes
15:36 02/07/2009
The Russian Anti-Monopoly Service said on Thursday it would apply to the Higher Arbitration Tribunal to recover several hundred million U.S. dollars from major Russian oil companies due to price-fixing policies.
Sberbank CEO says no competition to Opel deal
15:32 02/07/2009
The deal to buy ailing German car giant Opel struck by Russia's largest bank Sberbank and Austrian-Canadian auto supplies company Magna has no serious competition, the Sberbank CEO said on Thursday.
Dollar down 6.52 kopeks, euro up 9.83 kopeks - Central Bank
13:58 02/07/2009
Dollar down 6.52 kopeks, euro up 9.83 kopeks - Central Bank
13:58 02/07/2009
The official dollar rate set by the Russian Central Bank for July 3 is 31.1252 rubles, down 6.52 kopeks from Thursday, the Central Bank said
Russian international reserves up $3.4 bln in week
11:02 02/07/2009
Russia's gold and foreign currency reserves increased by $3.4 billion, to $410.5 billion, in the week of July 19 - July 26, the Central Bank of Russia said

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USD	26/05	31.7572	+0.1325
EUR	26/05	39.8426	+0.0745

RTS	21:59	1272.6	-1.15%
MICEX	13/09	1501.98	+0.59%

Business

U.S. economist Stiglitz hopeful, but warns recession not done yet

Joseph Stiglitz calls Russia's WTO entry terms 'outrageous'

Russia's natural gas output down 20.8% to 274 bcm in 1H09

Russian anti-trust body to fine oil companies for price hikes

Sberbank CEO says no competition to Opel deal

Dollar down 6.52 kopeks, euro up 9.83 kopeks - Central Bank

Dollar down 6.52 kopeks, euro up 9.83 kopeks - Central Bank

Russian international reserves up $3.4 bln in week

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Top multimedia

Images: Final Bell Rings for Russia’s High School Seniors

Video: Russian and Ukrainian Sailors Save a Ferry and Defend a Hospital During a Joint Exercise

Infographics: The World’s Tallest Television Towers

Cartoons: Tedious stability

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