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Economy Meeting

Déjà vu in US-Russia ties

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Published 07 July, 2009, 17:21

After several years of steady downturn in relations, the US and Russia are now back to where they were 10 years ago, says Peter Necarsulmer, PNB company CEO.

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Gazprom investment strategy to focus on matching supply with demand While oil and gas firms spent 10% more on new assets worldwide in the first half of 2009 year on year, Gazprom in Russia sharply reduced its investment plan for the year.

Rouble returns to spotlight The Rouble has made its greatest gains against the dollar since March after 8 days of consecutive falls against the Central Bank's target rate and capital outflows from the country.

Sberbank posts 1Q 2009 Net Profit of 600 million Roubles Russia’s largest bank, Sberbank, has posted a 1Q 2009 Net Profit of 600 million Roubles under IFRS.

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