| June 2009 |
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Russian President Dmitry Medvedev said Saturday that tendencies in the global economy are irreversible, and that fast developing markets, including Russia, will quickly overcome the financial crisis consequences.
The first World Grain Forum opened in St. Petersburg, with participants focusing on grain prices, food security and technology.
Russia's finance minister said on Saturday that the process of restoring confidence in the ruble following its controlled devaluation could take 3-4 years.
The Russian Economic Development Ministry forecast inflation in June to hit 0.6% with possible deflation later in the year, a deputy economics minister told journalists on Saturday at the economic forum in St. Petersburg.
A police officer died when a bomb, which had been planted in a toilet, detonated in the capital of Russia's North Caucasus republic of Daghestan, a law enforcement spokesperson said on Saturday.
Russia's Central Bank estimates that the country's net trade surplus for the period January-May 2009 was $35 billion, the bank's deputy chairman told journalists at the St. Petersburg economic forum on Saturday.
Russian President Dmitry Medvedev said ensuring stability grain prices and guaranteeing food security are priorities for the agricultural sector, a Kremlin press release said on Saturday.
Six people died in a house fire at a village in Russia's Irkutsk Region, a representative of the Siberian emergencies ministry said on Saturday.



