Roubini Predicts Slower Growth in Russia

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(Moscow Times – moscowtimes.com – March 28, 2013) Russia’s economy is facing a slowdown due to a lack of necessary structural reforms, according to a report by Roubini Global Economics, a macroeconomic research firm founded by economist Nouriel Roubini. According to the firm’s estimates, GDP growth will slow to 3.3 percent this year, versus 3.4 percent last year. Growth next […]

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Morgan Stanley Reduces Russia’s Growth Forecast

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(Moscow  Times – themoscowtimes.com – Howard Amos – March 19, 2013) Morgan Stanley joined the ranks of those predicting a sluggish period for the Russian economy Monday as it cut its 2013 growth forecast to below 3 percent. The New York-based investment bank lowered its expectations for this year’s growth to 2.9 percent, down from the 3.1 percent it predicted […]

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Can Russia Repeat Last Year’s GDP Growth?

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(Russia Beyond the Headlines – www.rbth.ru – Viktor Kuzmin, special to RBTH – March 18, 2013) Russia led the G-8 and ranked second among BRICS countries in terms of economic growth rates in 2012. Experts make guesses whether Moscow will be able to replicate its performance in 2013. Russians have always had an appetite for risk ­ something the year […]

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IMF More Upbeat Than Medvedev on GDP Growth

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(Moscow Times – themoscowtimes.com – Irina Filatova – February 21, 2013) The International Monetary Fund took an optimistic stance at Russia’s prospects Wednesday, saying that its economy could demonstrate a faster pace of growth over the next few years than the annual goal of 5 percent set by Prime Minister Dmitry Medvedev. To attain those growth rates, the government should […]

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Russian economic growth rate to be not over 3%-3.5% in 2013 – Citi

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MOSCOW. Feb 7 (Interfax) – The rate of Russian economic growth this year will not be any more than 3%-3.5%, Citi economist for Russia and Commonwealth of Independent States countries Natalya Novikova thinks. Novikova told the press on Thursday that Citi analysts are not expecting a significant decline in the price of oil this year, but the problem for the […]

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Russia’s Q3 GDP Growth Slowest Since 2010 – Rosstat

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MOSCOW, November 12 (RIA Novosti) ­ Russia’s third-quarter GDP expanded at the slowest rate since the country began recovering from the global financial and economic meltdown in early 2010, according to figures released by the Federal Statistics Service (Rosstat) on Monday. Russia’s economy grew by just 2.9 percent in July-September 2012 compared with the same period last year, Rosstat said. […]

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World Bank lowers Russia GDP growth forecast to 3.5% in 2012, 3.6% in 2013

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MOSCOW. Oct 8 (Interfax) – The World Bank has lowered its 2012 GDP growth forecast for Russia to 3.5%, from the 3.8% it was predicting in June, the World Bank said in its latest Russian Economic Report. The 3.5% growth is the same as the World Bank forecast back in March. The World Bank also lowered its 2013 growth forecast […]

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