• Tuesday, 25 September 2007

    Loan Crisis Threatens Boom in Kazakhstan

    The Moscow Times - №3750, tuesday, september 25, 2007

    By Nariman Gizitdinov / Bloomberg

    Some Kazakh banks, struggling to borrow from abroad, have stopped lending to home buyers and builders, threatening the country's eight-year economic boom, the government said.

  • Tuesday, 25 September 2007

    Federation Island Has Putin Approval

    The Moscow Times - №3750, tuesday, september 25, 2007

    President Vladimir Putin gave his tacit approval to a spectacular plan to create a massive artificial island off Sochi's coast at the city's sixth International Investment Forum last week, the company behind the project said in a news release Saturday.

  • Saturday, 4 August 2007

    Russian interest in Greek resorts is on the rise

    A recent picture of the medieval fortress in Cyprus’s Paphos harbor. Property prices in Paphos have nearly doubled in the last three years.


    Russian private investors have appeared increasingly interested in the real estate markets of the Mediterranean, particularly those of Greece and Cyprus, in recent months.

  • Friday, 8 June 2007

    Economy of Russia

    More than a decade after the collapse of the Soviet Union in 1991, Russia is now trying to further develop a market economy and achieve much more consistent economic growth. Russia saw its comparatively developed centrally planned economy contract severely for five years, as the executive and the legislature dithered over the implementation of reforms and Russia's aging industrial base faced a serious decline.


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