Russia
Economy
Russian federal budget revenues have soared over the first seven months of the year, rising by 47.1% y-o-y to a record RUB5,701bn. By comparison, revenue growth over the same period...
2008-08-26Economy
Russian military forces crossed into Georgian territory on August 8, quickly overrunning Georgian defence positions and occupying strategic locations in the country. According to...
2008-08-22Economy
We hold to our view that Russian inflation will remain high through the medium term, with elevated global soft commodity and energy prices, combined with ongoing high domestic demand...
2008-07-31Economy
The Russian Navy has announced plans to significantly enhance its fleet by building five or six new aircraft carriers. Details of the projected carrier programme have yet to become...
2008-07-30Economy
We have revised up our forecasts for the federal budget surplus to take into account spiralling global oil and natural gas prices in the first half of the year. We now believe revenue...
2008-07-25Economy
Russian consumer price growth accelerated further in May to a 65-month high of 15.1% y-o-y. Part of the problem is the monetary authorities' generally lacklustre response to spiralling...
2008-07-02Economy
The Russian government has tightened its restrictions on TNK-BP a joint-venture oil company controlled by British energy giant BP . Moscow has refused work permits for dozens of...
2008-07-02Economy
Russia continues to accumulate foreign exchange reserves at a rapid rate, with latest data for end-March from the International Monetary Fund indicating US$493.3bn held by the country....
2008-06-03


