Economy Live

For IMF head, there are two candidates to replace Mr Rodrigo Rato who has resigned for personal reasons, France's former Economy minister Dominique Strauss-Khan and the former president of the Czech Central Bank Josef Tosovsky. Dominique...

Russia is a country of strong economy. Its resources and landmass differentiates it from the other nations. Opportunity has no dearth in Russian soil. Base of richest oil reserve, which satiates almost one fourth European gasoline demand, proves its..

U.S., once called the superpower, has started sharing its seat with other countries. According to a new study by Goldman Sach, countries like Brazil, Russia, India and China, have overtaken U.S and are the new dominating global energy industry...

Russian President Vladimir Putin urges developing nations to develop an alternative to the World Trade Organization that would favor developing economies and suggested giving a greater role to regional currencies. President impeached that world..

Russia bids to translate St. Petersburg meet of business leaders in to a Davos style forum showing the accent of Russian economy. With a dual aim of economic development and overshadowing mounting political dissent against Putin administration, ...

The level of trust between the European Union and Russia has reached its lowest level since the collapse of communism, said EU Trade Commissioner Peter Mandelson in a speech prepared to be delivered on Friday. Mandelson, who has been a prominent...

Russia, Bulgaria and Greece have entered into a long-awaited deal to build an oil pipeline transporting Russian oil to a port in Northern Greece. The 280-km pipeline will transport crude oil from Bulgaria's Black Sea port Burgas to Greek Port...

German Chancellor Angela Merkel stressed to build up favorable atmosphere, and urged Russia to improve communications with the EU following the latest crisis over energy supplies. In the new year Moscow stopped pumping oil along a pipeline...

The EU health Commissioner lashes out on Russia saying Poland has done enough to match Russian demand pertaining to the quality of its meat exports, but Russia is till unmoved on removing its ban so far. Russia has imposed ban on food articles...

Russia has fiercely charged the U.S. of illegally imposing sanctions against four major Russian defense firms, which are considered to be selling banned items to Iran and Syria in the eyes of the U.S. The Russian foreign ministry reacted sharply...