The official ruble rate may slide down following the results of yesterday's meeting between Russian President Putin and Minister for Economic Development Maxim Oreshkin. Putin held the meeting with the minister due to the recent strengthening of the ruble rate. On February 14, 2017, the rate of the Russian ruble hit the highest level since 2015
Consulting agency PricewaterhoiseCoopers (PwC) has published a report entitled "The long view: how will the global economic order change by 2050?" In the report, experts predict the state of affairs in economies of different countries of the world. Emerging economies, including Russia, will dominate the world, the report says
Novosibirsk lawyer Anton Tikhonov wrote a letter to developers of popular computer game DotA Dota2. The lawyer is convinced that the game should be banned for children under 18 years of age. According to the activist, the game does not ask for the user's age, which violates the law of the Russian Federation
Having increased the average daily volume of oil exports to China by 25 percent in 2016, Russia deprived Saudi Arabia of the status of the world's major oil supplier to the most dynamically developing oil market of the world. In 2016, Russia would deliver 1.05 million barrels of oil to China on a daily basis
In 2015, Bill Gates' fortune was evaluated at $83.6 billion. Mexican telecommunications tycoon has suffered largest losses among the billionaires, whose fortunes were included on the list. Eight richest people in the world own the fortune, the amount of which is equal to the money that 3.6 billion people have
During the discussions of the French and American Constitution, theme prevalent was the separation of religion and State – alias that was the recurring theme for 3 centuries when nobles and religious had unacceptable privileges by the emerging bourgeoisie: The privileged classes were tax exempt and a series of perks: right to realize certain taxes,
The next comment is from Pierre Rabhi, a French thinker: "Today, when one speaks of economics, it is not a question of the real economy. The real economy is a system that aims to share resources as evenly as possible to meet the needs of the greatest number of people. Unfortunately, what is called 'economics' is, above all, monetization.
Germany has second biggest gold reserves in the world. But most of this gold is kept in London and New York. Germany has returned 200 tons of the precious metal from the Federal Rereserve’s stores in New York and the French Central Bank for the year of 2016. Why has Germany sped up the process?
On Friday, Alexander Mikheev was approved as the new Director General of JSC Rosoboronesport, the only Russian mediator on exports and imports of arms and defence technology. Alexander Mikheev was born in 1961. Experts believe that the strategy of Rosoboronexport will not change with the arrival of the new CEO
On December 7, the head of Russia's oil giant Rosneft, Igor Sechin, informed President Vladimir Putin about the completion of the privatization of the 19.5% stake at Russia's largest oil company for 10.5 billion euros. Glencore Consortium and Qatar's Sovereign Wealth Fund have become the buyers and strategic investors in the deal
Iran produces ninety-five per cent of the medicines needed to treat patients inside the country, while fifty per cent of the raw materials are also made in Iran. Next on the list are new lines of drugs to treat certain types of cancer, multiple sclerosis and diabetes and the first target is the Middle East's 400 million-strong population.
Russia and OPEC countries are interested in maintaining the price of oil within the limit of $50-$60 per barrel. It is believed that such prices would be less comfortable for US companies producing shale oil. According to forecasts, oil prices will fluctuate at around $56-59 per barrel next year