1Q 2009 Russian GDP collapses 23.2% quarter-on-quarter

The Russian economy has taken a further beating in the first quarter of 2009 Share

BBC Poll: Russians worried by global crisis

A third of Russians polled by the BBC are concerned by falling living standards and financial problems Share

Putin: Ukraine on verge of bankruptcy

Russian Prime Minister Vladimir Putin said Ukraine was on the verge of bankruptcy on Thursday Share

Russian steelmaker Evraz to cut 2000 jobs

Russian steel-maker Evraz Group said 1,982 workers could be laid off by April Share

Russian billionaires lose 66% of fortune

Russian business magazine Finans publishes the country’s “rich list”. This year’s list has not only been halved to 49 billionaires Share

The economic crisis shaping a new Russia

Over the last few months there have been dramatic changes to the world as we knew it a year ago. Share

Depositors picket bank in first Moscow crisis protest

Reuters reports on a recent event in Moscow, where depositors are demanding to be able to withdraw money from their deposit accounts. Share

Russians play down crisis as economy falters

A shocking read, this article: Russians play down crisis as economy falters. “Russians know better than most what a crisis feels like. Share

Economic Crisis Envelops Russia, Too

Kiplinger.com publishes news story revealing that Russia too is feeling the global economic crisis: “Russia is suffering the effects of the global credit crunch, but that doesn’t seem to be making it any less of a threat to the U.S.”. Share