US visa changes to affect mainly Russian independent travelers, says authorityBusiness & Economy August 21, 21:07
CAS upholds life ban for ex-president of Russian athleticsSport August 21, 20:03
Police confirms man shot dead in Subirats was Barcelona attack perpetratorWorld August 21, 19:50
Premiere for historical drama Matilda rescheduled for late OctoberSociety & Culture August 21, 19:45
Fire in Russia’s Rostov-on-Don fully containedWorld August 21, 19:37
Russia wins two golds on second day of 2017 Universiade in TaipeiSport August 21, 19:29
Washington’s new strategy in Afghanistan aimed against China, expert saysWorld August 21, 18:43
Russia settles last part of Soviet debtBusiness & Economy August 21, 18:37
Man wearing suicide belt shot dead near BarcelonaWorld August 21, 18:29
SINGAPORE, September 26 (Itar-Tass) — World economy “is going through hard times”, Russian Sberbank CEO German Gref said.
Opening a plenary session of the Russian-Singapore Business Forum on Monday, Gref said the global economic growth forecast “is extremely pessimistic”.
Much will depend on the situation in China, the Sberbank CEO said. At the same time, he noted that if oil prices were within 80-90 U.S. dollars per barrel, the economic growth in Russia would reach 4-5 percent.
The business forum involved Russian and Singaporean officials, and businessmen of both countries, including from CIS and Asian countries. This year the meeting is also attended by chairman of the board of directors and CEO of the Troika Dialog Group Ruben Vardanian, Tatarstan President Rustam Minnikhanov and Singaporean founding father Lee Kuan Yew.
Minnikhanov is expected to give a speech at the forum.