2017 FIFA Confederations Cup in Russia is 'so far, so good' — Germany’s Emre CanSport June 23, 11:24
NHL says Olympic participation matter closedSport June 23, 11:12
Russia’s telecom watchdog may block Telegram messenger in RussiaBusiness & Economy June 23, 9:15
Russian warships fire Kalibr cruise missiles, destroy IS arms depots in SyriaMilitary & Defense June 23, 9:07
Kazakh foreign minister denies talks on sending troops to SyriaWorld June 23, 8:05
Russian fighters scrambled 14 times in past week to intercept foreign aircraft — ministryMilitary & Defense June 23, 6:17
EU summit participants show unity on anti-Russian sanctions — MerkelWorld June 23, 4:11
Moldovan parliament refuses to hold no confidence vote in Foreign Minister Andrei GalburWorld June 23, 2:03
Google.ru’s temporary ban should serve as reminder to others — lawmakerBusiness & Economy June 23, 1:59
MOSCOW, December 17 (Itar-Tass) - Russian presidential economics adviser Andrey Belousov has noted negative dynamics in industrial production in Russia and blamed it on the poor performance of metallurgy and the chemical industry.
Belousov described statements to the effect the completion of work at the Sochi Olympic construction sites would lead to a slump in demand for construction materials big enough to send industrial production statistics into the red zone as “a sophisticated twist of mind.” He said people who were saying things like that “are not aware of how many goods the Olympics consume” and assured the Games would hardly affect economic conditions.
According to the Russian Federal Statistics Service, industrial production decline last November accelerated year-on-year to 1 percent against 0.1 percent in October. In month-on-month comparison, industrial production fell 0.4 percent in November after 3.4 percent growth a month earlier.
Year-on-year decline recorded in November was the deepest since last May - 1.4 percent. Over January-November 2013 industrial production fell 0.1 percent year-on-year after being unchanged in January-October.