Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
YALTA, September 28 (Itar-Tass) —— The present-day currency system needs an extra bearing, Russian Prime Minister Dmitry Medvedev said on Friday.
“The current currency system is unstable,” he said at an investment forum in the Crimean resort city of Yalta. The global currency system, in his words, “requires addition support,” and Russia’s currency unit, the rouble “has all the chances to be such.”
“The world is now in a situation when neither of the reserve currencies may claim to be exclusive,” he said. He recalled that back in 2008 and in 2009 everybody was concerned over the U.S. dollar while now “we are apprehensively looking at Europe.” “We are concerned over the euro zone, making guesses whether Greece would be given some money or it would eventually split to trigger a chain reaction of collapse of the entire European Union,” Medvedev said.
According to the Russian prime minister, due to its geographical location, Moscow is destined to be an international financial centre. “The Moscow financial centre is now only forming, although we have spent much effort and funds for these ends,” he noted. “Due to geographic reasons, Russia’s undoubted role is to be a bridge between economies of various countries.”