Russian economy

The St. Petersburg International Economic Forum 2017 opened on June 1, 2017 under the slogan ‘Achieving a New Balance in the Global Economic Arena’.
The key themes of the Forum were: ‘Made in Russia: Creating a National Brand’, ‘Injecting Dynamism in the Russian Far East Economy’, ‘Destination Russia – Shifting Trends Towards Domestic and Incoming Tourism’, ‘Globalization Revisited: Is Every Country on Its Own Now?’, ‘The Development of the Legal Audio and Video Content Market’, ‘The Changing Economics of Transportation and Logistics’
Economy

by Scott Humor NATO Parliamentary Assembly Spring Session, Tbilisi, 26-29 May 2017 “The capital of Georgia, Tbilisi is a historic and a strategic place in the Caucasus region, which gave

A few weeks after the Russian Central Bank indicated that it was unlikely to cut its key rate before mid year, a cluster of good economic news have caused it to shave its key rate down today from 10% to 9.75%.
To be clear, this is a token cut that will not by itself make any difference to the state of economy.  Its importance is that it clearly signals that more cuts are on the way.  That may in itself act as a spur to growth, consolidating the recovery.

Rosstat, Russia’s state statistical agency, is reporting that the annualised inflation rate in Russia has now fallen to 4.5%, with Russia recording increasingly frequently weeks of zero inflation during the winter months.
This is most unusual.  Normally the inflation rate rises in Russia in the winter and falls in the summer.  The fact that Russia is now regularly recording weeks of zero inflation even in winter shows that inflation in Russia is falling faster than anyone (myself included) expected.

Russian Prime Minister Dmitry Medvedev has spoken optimistically today about the current state of the Russian economy, predicting stable growth for 2017.
He is right to do so.  As previously reported, Russia exited recession midway through 2016, and its economy appears to have been growing steadily in the second half of the year, especially in the final quarter.  GDP contraction in 2016 for the whole year is now put at just 0.2%, significantly better than forecast.

by Scott Humor This past September, in one of his regular interviews with the newspaper Parlamentní Listy, retired Czech Major General Hynek Blaško commented on the possibility of a conflict between Russia and

Despite claim that Western sanctions were supposed to target just parts of Russia’s economy and not its general population, they were specifically designed to trigger the collapse of its banking

by Paul Craig Roberts and Michael Hudson According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the

NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists

The Russian 5th column: Chubais, Iudaeva, Dvorkovich, Shuvalov, Nabiullina, Kudrin, Uliukaev, Siluanov, Medvedev
 
by The Saker
The Unz Review