05.12.2004 - No obstacles to develop Russia-India mil tech cooperation
Russian President Vladimir Putin believes that there are no obstacles for further development of Russian-Indian military technical cooperation.
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05.12.2004 - Dollar loses 8 more kopecks Friday
The U.S. dollar resumed its slide against the Russian ruble in trading that began Friday in the absence of the Central Bank, which had bought more than $2 billion the day before. The dollar slipped another 8 kopecks to around 27.925 rubles/$1 by 12:40 p.m. Moscow time.
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04.12.2004 - CIS Statistics Committee reports industrial production data
The average rate of growth in industrial production in the Commonwealth of Independent States (CIS) was 8 percent in January-October, 2004 against the level of industrial production in the corresponding period of 2003, the CIS Intergovernmental Statistics Committee reported. In terms of industrial output growth, Russia was in 7th place in the CIS with a growth rate of 6.2 percent.
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03.12.2004 - Russia’s gold, forex reserves at $117.1 bln on November 26
Russia’s gold and foreign currency reserves were at $117.1 billion on November 26, up from $113.9 billion on November 19, the Central Bank said in a press release Thursday.
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03.12.2004 - Over the period from January to September 2004 Russia’s consolidated budget surplus rose by more than 50%
Over the period from January to September 2004 Russia’s consolidated budget surplus rose by more than 50% and reached 710.3 billion roubles ($1 equals 27.99 roubles). The Federal State Statistics Service (Rosstat) cited the figures in the report it circulated on Thursday.
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03.12.2004 - Talk of revising privatization results in Russia may come as a rude awakening to the business community
Russia’s Audit Chamber has produced a research paper entitled "An Analysis of State Property Privatizations in Russia in 1993-2003". Its authors looked into the way Russian enterprises were privatized and gave the following diagnosis: "flaws in basic legislation, the embryonic state of privatization institutions and procedures, and the virtual absence of external controls all contributed to numerous irregularities in specific privatization cases."
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03.12.2004 - Many community activists and media outlets are apprehensive of an upcoming privatisation revision
The Accounting Chamber resolutely denies those points. In a commentary its press service placed on the official Chamber website today, complete with expert evaluations, the alarming news blatantly clash with the latest Chamber expert finds. "Our voluminous expert report has been made public. Read it attentively-and you will see there is nothing of the kind there," reassures the commentary.
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02.12.2004 - The Russians think Russian business socially irresponsible
Such are results of the poll carried out by the VTSIOM (National Public Opinion Study Centre) and presented on Wednesday at the round table Image of Russian Business: Social Responsibility or PR? The centre held the poll in September 2004 by representation sampling, covering 1,541 people in 100 populated places in 39 regions of Russia.
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02.12.2004 - YUKOS opens 36% lower on MICEX
YUKOS shares fell 35.85 percent on the Moscow Interbank Currency Exchange after trading of these securities was resumed.
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30.11.2004 - From December 1, the Russian government raises export duties on crude oil
From December 1, the Russian government raises export duties on crude oil and petrochemicals exported outside the Customs Union member states by $13.1 to $101 per ton.
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