The potential growth of the Russian economy in the coming years — about 2% or below, said at the SPIEF, the head of the accounts chamber of the Russian Federation Alexey Kudrin, reports TASS. According to him, providing breakthrough growth with the current economic structure is not feasible. “This year, …
Read More »Belarusian innovation – myth or reality?
Belarusian innovation, as in the whole Belarusian economy, found its own, distinct from the way. And every day it becomes increasingly clear that this path is a dead end. Last Friday the state control Committee announced the results of innovative development of Mogilev region. As it turned out, over the …
Read More »The world’s first intelligent price tags created in Novosibirsk
Students of Novosibirsk state technical University created the “smart tags” that automatically change product prices depending on demand, stock and other indicators of pricing. The University noted that the program allows for deep Analytics to track consumer behavior and is able to replace the marketing departments of a small network …
Read More »Ahead of stagnation: the world Bank, leaving no chance for the economy
The world Bank has again lowered its growth forecast for the Russian economy in 2019. According to the economists of the world Bank, the growth rate of Russia’s GDP this year will be 1.2%, while the April forecast, it appears the figure of 1.4%. This is stated in the Bank …
Read More »The oil washes away the ruble
It seems that the oil began steadily to fall. June 3 in London the price of Brent futures for delivery in August 2019 fell 2.2% to $ 60,62 per barrel. The price of July WTI futures fell 1.1% to $ 52.9 per barrel. The problem is that producing countries OPEC+ …
Read More »Russia has lost the fifth part of the territory
Vacant abandoned land, whose people grew… Landscape of post-apocalyptic sci-Fi movie? No. Alas, this reality is rapidly developing Russia successfully surmount the crisis (how can the authorities distort the facts?). Greenpeace recently ranked the regions by the area of abandoned agricultural land. All such accumulated 80 million hectares or 4.5% …
Read More »“Lie down and die.” In Belarus pigs die from starvation
“They don’t eat for four days, at all. Only — squeal like a stuck and chattering teeth, and then — lie down and die quietly. It is impossible to look at it” — sigh, the employees of OJSC “Selection and hybrid centre “Zareche”. We meet in a place where no …
Read More »On the bottom. What to do with the Ukrainian economy?
The reality is that Ukraine now urgently needs a new economic model. Otherwise, very soon it will not be simple. What is now called the economic model of this recycling program of the country itself in the medium term. If this “model” will be implemented and further, that in 10-15 …
Read More »Oil is preparing to repeat the meltdown of 2015
The price of oil on 31 may for the first time since February 2019 fell below 64 dollars per barrel. The decline began a day earlier, when just a few hours the price has fallen from $ 70 to 64.5. By Friday, prices fell below 64, in total losing more …
Read More »The Central Bank has listed the main risks to the financial system of Russia. They turned out to be four
For the past nine months, Russia’s financial system has strengthened, said in the financial stability review, published on the website of the Bank of Russia. Today the main risk to the Russian economy remain the deceleration of global growth, geopolitics with its sanctions and uncertainty in key interest rates of …
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