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Russia Economy - Page 3

Russia's international reserves fall below $400 billion to 5-year low:

Russia's international reserves fell by $15.7 billion in the week of December 13-19 to $398.9 billion, the Central Bank of Russia reported on Thursday. Ref. Source 7

Economy Russia

Russia buys 40bn roubles of shares in Gazprombank:

Move is latest support for banking sector suffering from western sanctions over the Ukraine crisis and economic slowdown Ref. Source 8

Russia Economy History & Civil Business Politics

Russian government presents Putin with $21 billion plan to tackle crisis:

Economy Minister Alexei Ulyukayev said on Wednesday the economy was starting to show signs of recovering from the worst of the financial crisis, citing stabilization on Russia's stock, currency and money markets. Ref. Source 9

Page 3 Economy Russia

Legendary Investor Jim Rogers: Buy Russian Stocks Fast:

Rock bottom oil prices, a resurgent ruble and a rebounding stock market make it a good time to invest in Russia, according to American investor Jim Rogers. Ref. Source 7

Economy Russia

Ten percent of the Russian government's income comes from the sale of vodka.

Russia Economy

Russia's economy shrinks 4.3% in Q3:

RUSSIA'S economy shrank 4.3 percent in the third quarter this year, the government said yesterday, as a recession caused by low oil prices and Western sanctions over Ukraine continued to take its toll. Ref. Source 2a

Russia Economy - Page 3

Russia will cut defense budget by 5 percent in 2016, RIA reports:

The 5 percent cut, if approved by Putin, would be the biggest reduction in defense spending since he took office in 2000. Ref. Source 1o.

Russia Economy Politics Business Civil & History - Page 3

Russia: Talking war in times of economic crisis

War-themed rhetoric has helped the Russian government control crisis-related discontent, but it could backfire. Ref. Source 9i.