Russia unveils $35 billion anti-crisis plan, silent on cuts to pay for it
Russia announced a $35 billion "anti-crisis" spending plan on Wednesday to bail out an economy battered by Western sanctions and falling oil prices, but gave few details of the deep cuts it said would be enacted this year to pay for it.
Jan 28, 2015, 18:40 PM IST
S&P sounds warning on Chinese property sector, Russian banks
Credit rating agency Standard and Poor`s said on Wednesday that China`s over-priced and over-supplied property market and capital-starved Russian banks were likely to face further downgrades in the coming years.
Nov 19, 2014, 23:16 PM IST
EU to hit Russian banks over Ukraine: Reports
The European Union may go even further than the United States in hitting Russian banks with sanctions over the Ukraine crisis, curbing their ability to raise funds, reports said on Thursday.
Jul 24, 2014, 18:19 PM IST
