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The International Monetary Fund (IMF) has upgraded the forecast for Russia's growth to 1.8% in 2019, according to the World Economic Outlook report released. At the same time, IMF expects Russia's inflation to stay at the level …
European Bank for Reconstruction and Development (EBRD) forecasts 2.5%-growth in Azerbaijan’s GDP in 2018, according to the bank's Regional Economic Prospects report. ‘This is 0.5% higher than previous forecast’, …
The S&P international rating agency forecasts a gradual increase in real incomes of Russians, the agency said in a report. "The level of real disposable income and customer confidence may gradually increase in the long …
OPEC said it expects demand for oil to grow faster than it originally expected in 2018, but the organization also sees supplies from beyond the producer group surging this year, driven by rising US output. The cartel said it now sees …
The current price of oil of $69 per barrel is somewhat high, BP CEO Bob Dudley said at the World Economic Forum. Dudley noted that the company's experts predicted decline in oil prices. "We expect the …
Russia’s economic growth is expected to stabilize at around 1.8% in 2018-2020 as the country has adjusted to the new level of oil prices, the World Bank said in its January report named 'Broad-Based Upturn, but for How Long?'. …
According to statistical information released by the International Monetary Fund (IMF), Azerbaijan's GDP may reach 98.91 billion manats in 2022. According to the IMF, Azerbaijan's GDP will reach $58.182 billion. The IMF expects …
It is hardly worth waiting for drastic changes of the oil prices - the oil market is almost balanced, the head of the Ministry of Economic Development, Maxim Oreshkin said. According to him, the ministry did not take into account the …
The head of the International Monetary Fund Christine Lagarde said that 'the long-awaited global recovery is taking root' and that three-quarters of the globe is enjoying an economic upswing in 'the …
According to Reuters, ratings agency Fitch revised its outlook on Russia’s long-term foreign- and local-currency issuer default ratings to positive from stable. Fitch, which also affirmed Russia’s rating at “BBB-”, said …
OPEC raised its forecast for global oil demand next year and through the end of the decade, anticipating that cheaper crude will spur consumption even as economic growth slows. The slowdown in investment should eventually help prices …
Moody's Investors Service's outlook for Russia's banking system has been revised to stable from negative, given emerging signs of the country's economic recovery which will likely benefit its banks. "Slow …
The recovery of investment activity in Russia will be seen in the second half of 2017, the Russian Minister of Economic Development Alexei Ulyukayev said at the Russia Calling financial forum. "Only the second half …
The Central Bank of Russia may reduce the key interest rate to 7-8% in the next year, the president of Russia's VTB Bank, Andrei Kostin, said. "There is a chance that the key rate in 2017 will be reduced to …
The Bank of Russia has published a new inflation forecast. According to the bank, the inflation rate will slow in 2016 more than the central bank previously predicted: in the end of 2016 the inflation rate will be 56% instead of 67%, a report of …
The negotiations that were held yesterday in Doha, Qatar, which lasted more than 12 hours, ended in a failure. Oil producing countries, which discussed the stabilization of oil prices, were unable to reach an agreement. The sides stated …
Former Russian finance minister Alexei Kudrin has named dependence on energy prices, an aging population, a high share of the state in the real sector and the excessive centralization of the state administration as the main …
The international rating agency Standard & Poor's has confirmed the long-term sovereign credit rating of the Russian Federation in foreign currency at the level of 'BB +' with "negative" forecast. At the same …
The largest decrease in oil output in the next six years among non-OPEC countries is expected in Russia, the Executive Director of the International Energy Agency (IEA) Fatih Birol informed at CERA WEEK in Houston. …
Yesterday oil prices reached a new low: the cost of the futures of Brent crude oil on London's ICE trading decreased by 6.49% to $28.88 per barrel for the first time since February 2004, WTI decreased by 6.41% to $29.20 per ...
