In the first part of our reviews on how the world is changing through the crisis, we tried to describe the degree of the preparedness of countries to the intellectual economy, highlighting those that, in our opinion, are leaders in building the new economy. Now we want to share our views on what countries will Read more
American auto concern Ford, the only one of the Detroit three which was able to avoid bankruptcy, will still receive almost 6 billion U.S. dollars from the government. That, however, is not for the purpose of saving the company from bankruptcy: Ford will receive funding for the development of «green» technology. Analysts, however, note that Read more
The optimism of the global investors lasted only a few months. This week, to concerns about the global economy returned to the markets once again. Now, optimism is not enough for market participants, for positive attitudes they need economic data, confirming the end of the recession and early recovery of world economy, transmits Reuters. However, Read more
Russian foreign trade turnover in January-April 2009 decreased by 45.3% compared to that of the same period last year and amounted to $ 124.3 billion, says the message of the Federal Customs Service. Foreign trade turnover with foreign countries amounted to $ 106.3 billion (down 45.1%), and with the CIS countries – 18 billion (down Read more
For the first time in a long time, the balance of the world economy tends towards the East. Analytical Center of Economics and Business (CEBR), located in London, believes that even as early as in 2008, the total weight of the United States, Canada and Europe in the global GDP was less than half (49.4%), Read more
New Russian-Ukrainian gas crisis with the EU may come up soon. The Minister of Energy of the Russian Federation Sergei Shmatko and the European Commissioner for Energy Andris Piebalgs were to meet on June 2-3 in Brussels. The agenda was all about the critical situation of the delivery of Russian gas to Ukraine. But the Read more