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Tag: Financial crisis

Editorials

The end of the crisis year that changes the world forever

An assessment of the key activities in 2009 that radically changed the world forever in many aspects, including the shift from a dangerously unipolar to a safer multipolar world and the final dawn of China as the new center of gravity of the post-crisis global economy...

Major Events of the Month

Russia confirms end of the worst phase of the global economic recession

First Deputy Prime Minister Igor Shuvalov officially says that Russia has exited the worst phase of crisis as greenshoots of recovery take deeper roots in the local economy, attributing the heroic feat to the government’s anti-crisis measures...

Issue: Vol. 4, No. 11     Author: Irina Kozlova
Tags: Financial crisis
 

Economy

Crisis-ridden 2009 ends, but leaves behind an agonizing legacy for global leaders

A major outcome of the current crisis is the final establishment of China as the biggest growth locomotive of the new global economy, as the gravity of international businesses shifts from the traditional financial hubs in the West to the rising economic ‘superstars’ in the East...

Major Events of the Month

Russia confirms passage of the worst phase of the global economic recession

Russia’s First Deputy Prime Minister Igor Shuvalov said the local economy had overcome the ‘most shocking’ phase of the global economic recession, thanks to the government’s anti-crisis measures...

 

Business & Finance

A private view on the global crisis and the measures being taken to combat it in Russia

Vladimir Pershin, the CEO of Trinity Charter Project, reviews the anticrisis measures adopted in Russia and abroad to fight the ongoing global economic recession and their individual and collective implications for the Russian and global markets...

Economy

Place and roles of financial centers in contemporary global geo-economic competition

A comprehensive analysis of the world’s top financial centers development strategies and their increasing roles in contemporary geopolitical economic competition...

 

Business & Finance

Kremlin pressurizes ‘egoistic creditors’ into debt renegotiations mood

The Kremlin's unambiguous threats against some of the nation’s top business owners indulging in ‘unacceptable corporate egoism’ at the height of an unprecedented global financial crunch seem to be having their intended impacts...

Economy

London G20 summit reboots capitalism in search for a better economic model

The urgent need for ‘rebooting’ the current model of capitalism does not only stem from the collective search for quick exit strategies from the current crisis, but also from the long-overdue craving to clog the loopholes responsible for the perennial cyclic repetitions of avoidable crises in the global economy...

 

Economy

Krasnoyarsk forum seeks anticrisis solutions via brainstorming sessions

Top Russian and foreign business executives and government officials used this year's forum 'brainstorming' sessions as platforms for exchanging ideas and deliberation on the best anticrisis strategies capable of lifting the local economy from the current downturn...

Business & Finance

Global crisis highlights major management shortfalls in modern businesses

Although the current global crisis — the most destructive since the Great Depression — is still far from climax, some conclusions on what actually went wrong and the best exit scenarios from the financial meltdown are being done, as investors explore a post-crisis future...

 

Business & Finance

Foreign automakers adapting to the new realities of the Russian automarket

Foreign automakers are seeking new marketing strategies for Russia as auto sales are expected to fall significantly in the country in 2009 and years ahead due to the negative impacts of the current global economic crisis on the domestic economy and residents’ purchasing powers...

Major Events of the Month

Largest corporations receive trillions in anticrisis financial aid

Russian banks, which were propped by the government via its anticrisis funding programs, have provided over 2trln.rubs to companies, referred to as 'corporate systemic entities,' for their unique status in the economy...

 

Major Events of the Month

Expensive bank loans doom most Russian corporations to bankruptcies

Moscow Mayor Yuri Luzhkov has criticized the current financial policy of the federal government, saying the policy has further compromised the real economic sectors at the background of the current global financial meltdown...

Editorials

Recurrent crises in Capitalism call for a new economic model

EU leaders gathered in Berlin in February ahead of the larger April G20 meeting in London to seek a new and better form of Capitalism, devoid of cyclical crises that have become the bane of today’s free market economy...

 

Interviews

Global economic crisis and its negative impacts are non-insurable events

Alexander Bondarenko — sales director at insurance company Rosgosstrakh-Life (RGS-Life), a subsidiary of the industry leader Rosgosstrakh — talked about the impacts of the current global crisis on Russia’s budding life-insurance industry and his company’s development plans under the prevailing volatile market conditions....