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Russo-British Information Portal
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News Archive for 27 October 2005
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Russia
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Business
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27.10.2005 - Finance ministry on Russia's WTO accession
The Russian Finance Ministry is concerned about the requirements for Russia's accession to the WTO. Russia cannot allow access of foreign companies' direct branches to the banking and insurance markets, but this is one of the WTO accession requirements, Russian finance minister Alexei Kudrin stated.
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27.10.2005 - Russia Upgraded to Barbados
Moody`s upgraded Russia’s sovereign rating to Baa2 yesterday, October 26, 2005. This move of the rating agency has failed to inspire investors, who apparently look forward to the higher score, in vain though.
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27.10.2005 - Inflation rate feared to exceed 11%
The Russian Economic Development and Trade Ministry cannot rule out the possibility that the inflation rate will exceed 11 percent, head of the macroeconomic forecasts department of the Russian Economic Development and Trade Ministry Andrei Klepach has told journalists.
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27.10.2005 - Economy ministry issues GDP growth findings
In the third quarter of 2005, GDP growth slowed down, retreating to an average monthly level of 0,5 percent in the first quarter of 2005. Specifically, GDP advanced by 0.7 percent in July, 0.4 percent in August and 0.5 percent in September, Russian social and economic development findings circulated today by the economy ministry show.
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27.10.2005 - Kazakhstan invites Russia to use its pipeline to transport oil to China
Kazakh Prime Minister Danial Akhmetov has offered Russian oil companies the use of a Kazakh pipeline to transport oil to China.
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World
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