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3000 People Will Be Fired At Khimprom
More than three thousand people will be dismissed at the Volgograd Khimprom. The company had fired 800 people in late January.
Business Climate Improvement To Be Discussed
The Ministry of Economic Development introduced the package of measures on improvement of the business climate in Russia for consideration of the government.


Russia Is Experiencing a Full-scale Crisis
The Head of the Committee of Civil Initiatives and the former Finance Minister Aleksei Kudrin thinks that Russia is experiencing a full-scale crisis, the peak of which has not yet been passed.
Russian Space Projects Become More Expensive Due to Crisis
Russian space projects have risen in price on average by 27 percent because of the current difficult economic situation, Yury Koptev, a representative of the Russian Space Agency Roscosmos said on Tuesday.
No Quotas for Russian Movies in Crisis Time
Russia's Ministry of Culture has taken the decision to temporarily put aside the idea of introducing quotas for Russian movies distributed in the country's cinemas due to difficult economical situation.
New Anti-Russian Sanctions Likely to Come Soon
The chances to impose new sanctions against Russia have increased amid continuing unrest in eastern Ukraine, White House Press Secretary Josh Earnest said on Tuesday.
Societe Generale Will Fire 1.5 Thousand Employees
The French Finance Corporation Societe Generale plans to fire about 1.5 thousand employees in Russia in 2015.
Paypal to Stop Working in Crimea
US-based company PayPal, the biggest digital payment system in the world, has notified customers in Crimea that it will stop providing services to residents of the peninsula.
No Economic Growth for Russia in 2015, UN Says
Russia is going to face a zero economic growth in 2015, to say the same about the whole Commonwealth of Independent States (CIS), UN Department of Economic and Social Affairs reports.
Russia Directs Biggest Companies to Cut Dollar Holdings
The Russian Government has ordered five biggest firms to limit foreign currency reserves in order to support the rouble.
IKEA Intends to Raise Prices in Russia
The famous Swedish company that designs and sells furniture and home accessories has recently announced the decision to raise prices in Russian stores starting from the end of December.
Russia Raises Interest Rates to 17% While Russian Rouble Collapses
On Monday night the Central Bank of Russia took a dramatic decision to raise interest rates from 10.5% to 17% to save the country's economy from an enormous inflation.

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