Russia won’t accept US nuclear reduction proposal - official
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After the reform of the power system,$45 billion were invested in the Russian energy sector, SPIEF participant, Executive Vice-President of the Fortum Corporation, Alexander Chuvaev,told in an interview with the VoR.
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The St.Petersburg International Economic Forum is being held in St.Petersburg between June 20th and 22nd. The Voice of Russia's correspondents interview a wide range of experts giving their take on economic issues and results of the forum.
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“This is still a better place to be than Europe [Russia] for GDP growth, for asset prices, for the change in the living standards. In the next 5 to 10 years it’s going to be far better than Europe,” Charles Robertson, Renaissance Capital managing director, global chief economist head of macro strategy said in an exclusive interview to the Voice of Russia.
Politics
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German Chancellor Angela Merkel will pay a working visit to Russia on Friday at the invitation of Russian President Vladimir Putin to take part in the 17th St. Petersburg International Economic Forum.
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“This is still a better place to be than Europe [Russia] for GDP growth, for asset prices, for the change in the living standards. In the next 5 to 10 years it’s going to be far better than Europe,” Charles Robertson, Renaissance Capital managing director, global chief economist head of macro strategy said in an exclusive interview to the Voice of Russia.
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The development of five major emerging economies that form the BRICS group and the future of the middle class are the main points which are currently on the agenda of the St.Petersburg Economic Forum. The Voice of Russia’s Polina Chernitsa reports.
World
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President Benigno Aquino threatened Thursday to withdraw Philippine troops from the UN peacekeeping force on the Golan Heights unless they receive anti-tank and anti-aircraft weapons, and are protected against chemical arms.
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An Egyptian court ordered the release of former prime minister Ahmed Nazif on Thursday, because of a limit on pretrial detention in a corruption case for which he had been held since the revolution that toppled Hosni Mubarak.
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Seven Russian Soyuz-ST launch vehicles will be launched from the Kourou spaceport in French Guiana in 2013-2014, European Space Agency Director-General Jean-Jacques Dordain said at the Paris Air Show in Le Bourget on Thursday.
Russia
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Russian President Vladimir Putin met with Dutch Prime Minister Mark Rutte at SPIEF 2013, Voice of RUssia correspondet reports.
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This year, St. Petersburg International Economic Forum is being held in a completely new format. VoR correspondent Anna Forostenko tells about peculiarities of the event:
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Russia’s United Aircraft Corporation may not have yet the prominence of the Boeing Company or the Airbus Company. But even biased analysts could not have failed to see the remarkable achievements of the Russian aircraft-building giant, the achievements that have been displayed during the recent Le Bourget air show. The Voice of Russia exclusive interview with the Head of the United Aircraft Corporation, Mikhail Pogosyan.
Economy
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After the reform of the power system,$45 billion were invested in the Russian energy sector, SPIEF participant, Executive Vice-President of the Fortum Corporation, Alexander Chuvaev,told in an interview with the VoR.
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Russia and China have agreed to build a joint railway crossing worth $275 million on the border across the Amur River.
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Russia’s second largest oil company Lukoil is cooperating with Russian lawmakers to boost shale oil production, Lukoil President Vagit Alekperov said on the sidelines of the Global Economic Forum in St. Petersburg.
Reality Check
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The Fitch rating agency is concerned about the unregulated part of the Chinese banking sector. The so-called “shadow banks” pose systemic risks for the country’s economy.
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The Iranian economy is experiencing severe stress caused by the international sanctions against Tehran. An unofficial estimate of the Iranian inflation rate is almost three times the official annual inflation figure.
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The foreign exchange market is now in the crosshairs of the global financial regulators in the aftermath of the rate-rigging scandals in currency rates and interest rates markets.
Society
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Prominent US actor James Gandolfini has died at the age of 51. No cause of death was given, but his managers said it was possibly a heart attack. He is survived by his wife and two children.
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Margo Fowler, a Vancouver math teacher, is being reprimanded for her technique she uses to silent students. Students who can’t keep quiet in class may have to deal with duct tape being slapped across their lips.
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Three men with weapons barged into the Tshwane SPCA's Waltloo branch, in South Africa to take an animal into their possession. The dog was a male bull terrier.
Video
- Record typhoon rainfalls hit Okinawa
- Putin, Merkel to have negotiations in St. Petersburg on Friday - Kremlin
- In the next 5 to 10 years Russia is going to be far better than Europe for GDP growth, for asset prices - economist Charles Robertson
- Putin meets with Dutch PM Mark Rutte at SPIEF-2013
- Philippine troops to leave Golan Heights unless protected from chemicals
- BRICS and middle class top St.Petersburg forum agenda
- Egypt: Court orders Mubarak PM Nazif release
- Russia won’t accept US nuclear reduction proposal - official
- SPIEF-2013: $45 billion invested in Russian energy sector after power system reform
- ESA plans 7 Soyuz launches from Kourou spaceport in 2013-2014 - Dordain
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