Russia Economy




Russia's Economy Crisis - the Guardian: LINK ¤ the GUARDIAN

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  • "there are some reasons - for Russia's economy crisis !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the price of oil over the past months - comes as a big shock not only to the Russian economy, but also to its political system !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "the government faces some - harsh choices !!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the crisis will in the immediate term force the adoption - of some drastic economic measures !!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "Dmitry Medvedev admitts that there are signs of crisis - in the economy all along !!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

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  • "in addition to "outside pressure" - the rouble crisis is provoked by "speculation in the national currency"  !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "the sanctions cost the Russian economy - billions of dollars !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "the GDP growth rate is declining sharply - with all forecasts predicting at least a 5% fall this year !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "sanctions and oil prices inflict - powerful economic damage on Russia !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "if interest rates are kept at 17% - the economy would be ruined !!!!!!!!!!!!!!!!!!!!!!!!"

 



 

 

 

 

 

 

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Russian Economy shrinks - the Guardian: LINK ¤ the GUARDIAN

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  • "oil prices, sanctions - and collapsing rouble take toll !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "with the Russian GDP - 0.5% lower than in same month year ago !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "oil and gas - contract !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "the central bank fears the economy - shrinks !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "by up to 4.8% - next year !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "the western sanctions imposed over Russia - are making it tough for the Russian banks !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "to raise finance - in the international money markets !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 


 

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  • "leading to billions of dollars - being withdrawn from the country !!!!!!!!!!!!!!!!!!!!!!!!"

 

 


 

 

 

 

 

 

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the Russian Administration is a virtual Mafia State - the Guardian: LINK ¤ the GUARDIAN

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  • "the Russian administration is a - virtual Mafia state !"

 

 

 

 

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  • "in which one could not differentiate between the activities of the government - and organised crime groups, OC !"

 

 

 

 

 

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  • "Russian spies used senior mafia bosses - to carry out criminal operations !"

 

 

 

 

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  • "certain political parties in Russia - worked hand in hand with mafia groups !"

 

 

 

 

 

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  • "and there was a system of kickbacks - bribes - protection money - and suspect contracts !"

 

 

 

 

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  • "( pay off key insiders ! )"

 


 

 

 

 

 

 

 

 

 

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Trade - US cable - 2007: LINK ¤ 07MOSCOW1377

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  • "US trade and investment - was expanding across Russia !"

 

 

 

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  • "Amway, Alcoa, Procter & Gamble - AmGen International Paper, Ford, Ralph Lauren  !"

 

 


 

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comment US:

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  • "there were few events more likely - to help our exporters !"

 

 

 

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  • "than getting Russia into the WTO - World Trade Organization !"

 

 

 

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  • "on terms - we can live with !"

 

 

 

 

 

 

 

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Investment - US cable - 2007:
LINK ¤ 07MOSCOW2932

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  • "our Investment is bringing our companies - high profit margins !"

 

 

 

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  • "with 50% of companies showing - a "better than budget" profit !"

 


 


 

 

 

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World Trade Organization - US cable - 2008:
LINK ¤ 08MOSCOW2579
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  • "the Russian chief WTO negotiator Maksim Medvedkov - told US embassy !!!!!!"

 

 

 

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  • "that Russia would be consulting - the WTO !!!!!!!!!!!!"

 

 

 

 

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  • "to renegotiate or reopen - certain agreements !!!!!!!!!!!!"

 

 

 

 

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  • "they had negative economic consequences - on domestic industries !!!!!!!!!!!!"

 

 

 

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  • "especially agriculture !!!!!!!!!!!!"

 

 

 

 

 

 

 

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International Monetary Fund - US cable - 2009: LINK ¤ 09MOSCOW1626
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  • "IMF senior resident representative for Russia Odd Per Brekk - met with Finance Minister Kudrin !"

 

 

 

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  • "Russia's stated goal of transforming the ruble into a reserve currency - is of course nonsense !"

 

 

 

 

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  • "but Brekk suggested that it could nonetheless - serve as a guide !"

 

 


 

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comment US:

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  • "Brekk's point of view on the ruble - is one we should consider !"

 

 

 

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  • "rather than reacting to the rhetorical provocation - we should encourage them !"

 

 

 

 

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  • "a drive to make the ruble a reserve currency - could provide an impetus fou us !"

 

 

 

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  • "for reforms - we have long urged !"

 

 

 

 

 

 

 

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MasterCard - US cable - 2010:
LINK ¤ 10MOSCOW228

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  • "the Russian draft law - "on the national payment system"  !"

 

 

 

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  • "would set up a national payment card system, NPCS - with its own payment card that banks and payment card companies could join !"

 

 

 

 

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  • "the NPCS operator would process the domestic payments for all members - and collect processing fees !"

 

 

 

 

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  • "if MasterCard and Visa - choose not to join the NPCS !"

 

 

 

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  • "they will have to set up - on-shore processing centers !"

 

 

 

 

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  • "currently they have no processing centers - in Russia !"

 

 

 

 

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  • "Russian officials assume that US payment systems - routinely shared data associated with payment transactions !"

 

 

 

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  • "with intelligence services in the US - and elsewhere !"

 

 


 

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comment US:

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  • "US will continue to raise our concerns - with senior Russian officials !"

 

 

 

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  • "to press Russia - to change the draft text !"

 

 


 

 

 

 

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Foreign Capital - US cable - 2008:
LINK ¤ 08MOSCOW3497

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  • "Putin voices frustration over the Russian reliance - on foreign markets !"

 

 

 

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  • "the steep fall in the value of Russia's stock markets - is the result of this dependence on foreign capital !"

 

 


 

 

 

 

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Banks - US cable - 2007: LINK ¤ 07MOSCOW4331

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  • "Russian banks have relied - on internationally-sourced credit financing !"

 

 

 

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  • "40 percent of the funds - that they loan to their clients !"

 


 

 

 

 

 

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Boeing
- US cable - 2007:
LINK ¤ 07MOSCOW2553

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  • "Russia Economics Minister Gref and Boeing - signed three contracts !"

 

 

 

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  • "a sale of 22 787 Dreamliners - to Aeroflot !"

 

 

 

 

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  • "an "enhanced role" for Boeing in the development and after-sales support - of the Sukhoi SuperJet100 !"

 

 

 

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  • "and a general partnership agreement between Boeing - and the United Aircraft Corporation, UAC !"

 

 



 

 

 

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Alcoa - US cable - 2009: LINK ¤ 09MOSCOW1733

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  • "US embassy visited the Samara Metallurgical Plant - of Alcoa !"

 

 


 

 

 

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GM - US cable - 2009: LINK ¤ 09MOSCOW2732

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  • "the General Motors board's decision - to retain Opel !"

 

 

 

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  • "and not sell to the Sberbank / Magna consortium - has come as a surprise !"

 

 

 

 

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  • "Russia believes the US, not GM - made the decision for political, rather than economic reasons !"

 

 

 

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  • "GM is likely to produce GM-based cars in Russia - in partnership with Deripaska's GAZ !"

 

 

 



 

 

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Strikes - US cable - 2007:
LINK ¤ 07MOSCOW5844

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  • "workers at Ford Motor plant - end a four-week strike !!!!!!!!!!!!"

 

 

 

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  • "after management promised further negotiations - on a new labor contract !!!!!!!!!!!!"

 

 

 

 

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  • "wage increases - and a reduction of the night shift !!!!!!!!!!!!"

 

 

 

 

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  • "an increasing number of labor conflicts - are highlighting !!!!!!!!!!!!"

 

 

 

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  • "workers' demands - for a larger share !!!!!!!!!!!!"

 

 

 

 

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  • "unions also draw attention to labor laws - which had been not pro-union !!!!!!!!!!!!"

 

 

 

 

 

 

 

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Unemployment - US cable - 2009:
LINK ¤ 09MOSCOW538

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  • "the official number of unemployed workers - in Russia had climbed !"

 

 

 

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  • "to 8.1 percent - of the economically active population !"

 

 

 

 

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  • "estimates for the real unemployment - were much higher !"

 

 

 

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  • "terminated employees often failed to register - because the meager size of the unemployment allowance !"

 

 

 

 

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  • "was simply not worth their time - and trouble !"

 

 

 

 

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  • "services often further had complicated the process - by establishing bureaucratic barriers !"

 

 

 



 

 

 

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Climate - US cable - 2009: LINK ¤ 09MOSCOW842

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  • "climate was one area where the Russian Federation - and the United States !"

 

 


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  • "often shared - similar viewpoints !"

 

 

 

 

 


 

 

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Sakharov - US cable - 2009:
LINK ¤ 09MOSCOW3034

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  • "for the twenty-year anniversary - of Andrey Sakharov's death !!!!!!!!!!!!"

 

 

 

 

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  • "the Sakharov Center convenes - human rights leaders !!!!!!!!!!!!"

 

 

 

 

 

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  • "to discuss the legacy of Sakharov's - three-part manifesto !!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "peace - progress - and human rights !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "as Sakharov writes - in the end !!!!!!!!!!!!!!!!!!"

 

 

 

 

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  • "the moral choice !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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  • "turns out to be also - the most pragmatic choice !!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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RUSSIA ECONOMY - Wikipedia EN:
LINK ¤ RUSSIA ECONOMY

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