Investments in fixed assets are expected to grow 6.3-7.5 percent in Russiain 2003, depending on the economic development scenario (optimistic orpessimistic), a report of the Russian Economic Development and TradeMinistry says. This rise in investments is forecasted to be even higher -at 7.5-9 percent - in 2004 and at the same 7.5-9 percent in 2005. The firsteconomic scenario stipulates that investments in fixed assets will rocket28 percent in 2005 as compared to 2001. According to the second scenario,investments would surge 33.5 percent in 2002-2005. The Economy Ministryprepared this forecast on the Russian social and economic development in2003 and the main economic parameters for 2005 for the government meetingheld today.The report says that investments in fixed assets went up 6 percent in June2002 as compared to January, excluding seasonal factors. However, if wetake into account a significant drop in investments at the end of 2001 andespecially at the beginning of 2002, it will become clear that investmentsin fixed assets were not much higher than in the corresponding months lastyear. The total rise in investments this year is expected to reach 4.5percent against 2001..
The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz
The World Cup that is about to finish in Russia has shown that the Western propaganda machine has failed to create the image of Russia as a monster with "many tentacles." By and large, the Russians and the Ukrainians are close to each other