IMF Executive Board decides on $1.8 billion conditional loan for GreeceBusiness & Economy July 21, 3:34
ExxonMobil launches legal challenge to finding it violated US sanctions against RussiaBusiness & Economy July 21, 1:36
Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
MOSCOW, October 5 (Itar-Tass) —— A new wave of the world economic crisis or protracted stagnation may affect Russia considerably, Russia’s Minister of Economic Development Elvira Nabiullina said on Wednesday.
“A new wave of the world crisis, should it happen, or protracted stagnation in developed countries – we believe it to be more probable – will affect us considerably,” she said.
Nabiullina said that the world risks had aggravated; they are risks referring to worsening state of the world economy and bigger capital outflow. Europe’s debt problems may affect greatly the international financial system. A probability of renewing recession in developed countries has grown, too, she said. However, if the second wave of the crisis does happen, “we believe” that the crisis will not be as deep as it was in 2008-2009.
“The crisis of 2008-2009, like the present disturbance in financial markets, has shown that Russia is subject to major risks,” Nabiullina said.