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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Corruption - the Guardian: LINK ¤ the GUARDIAN

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  • "the Russian administration was described as a - virtual Mafia state !"

 

 

 

 

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  • "the activities of the Russian government - and organised crime groups - OC - overlapped !"

 

 

 

 

 

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  • "some Russian spies had contact with mafia bosses - carried out criminal operations !"

 

 

 

 

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  • "one political party in Russia - had worked with mafia groups !"

 

 

 

 

 

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  • "and there had been kickbacks - bribes - protection money - and suspect contracts !"

 

 

 

 

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  • "( paid off - key insiders ! )"

 


 

 

 

 

 

 

 

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Trade - US cable - 2007: LINK ¤ 07MOSCOW1377

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  • "the US embassy lobbied for - foreign trade and investment - 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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  • "the goal was getting Russia into the WTO - World Trade Organization !"

 

 

 

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  • "on terms - the US embassy could live with !"

 

 

 

 

 

 

 

 

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Investment - US cable - 2007: LINK ¤ 07MOSCOW2932

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  • "the US embassy spoke with the companies - with 50% !"

 

 

 

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  • "of the companies showed - 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 Russian 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 had stated the wish - the ruble - as a reserve currency !"

 

 

 

 

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  • "this of course - is nonsense !!!!!!"

 

 


 

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comment US:

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

 

 

 

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

 

 

 

 

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  • "this could provide an impetus - fou us !"

 

 

 

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  • "for reforms - the US embassy had 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" - would set up a national payment card system - NPCS !"

 

 

 

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  • "with its own payment card - that banks and payment card companies - could join !"

 

 

 

 

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  • "the NPCS operator would process the Russian 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 would 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 assumed that US payment systems - 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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  • "the US embassy raised concerns - with senior Russian officials !"

 

 

 

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  • "and pressed Russia - to change the draft text !"

 

 

 


 

 

 

 

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

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

 

 

 

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  • "the steep fall in the value - of Russia's stock markets !"

 

 

 

 

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  • "was the result of this dependence - on foreign capital !"

 

 

 


 

 

 

 

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Banks - US cable - 2007: LINK ¤ 07MOSCOW4331

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  • "Russian banks rely 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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  • "Russian Economics Minister Gref - and Boeing - had signed a contract !"

 

 

 

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  • "about 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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  • "the US embassy had 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 - retained Opel !"

 

 

 

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  • "and not sold to a Sberbank - Magna consortium - had come as a surprise !"

 

 

 

 

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  • "Russia believed the US - and not GM - made the decision for political reasons !"

 

 

 

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  • "GM was 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 promises further negotiations - on a new labor contract !!!!!!"

 

 

 

 

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

 

 

 

 

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

 

 

 

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

 

 

 

 

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  • "unions also draw attention to labor laws - which have to be more pro-union !!!!!!"

 

 

 

 

 

 

 

 

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Employment - US cable - 2009: LINK ¤ 09MOSCOW538

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

 

 

 

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

 

 

 

 

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

 

 

 

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

 


 

 

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  • "services often 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 embassy - and the US embassy !"

 

 


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  • "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 !!!!!!"

 

 

 

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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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russia economy - 14074RE
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