Putin discusses Kurdish referendum with Erdogan, RouhaniRussian Politics & Diplomacy September 26, 14:03
Kremlin urges Facebook to honor Russian lawsBusiness & Economy September 26, 13:53
Russian army to get bulk of Terminator armored vehicles in 2018Military & Defense September 26, 13:33
Putin congratulates Merkel on German election resultRussian Politics & Diplomacy September 26, 13:08
Press review: Why the US closed its base in Syria and EU aid to Donbass resumesPress Review September 26, 13:00
Russian diplomat warns against weapons supplies to UkraineRussian Politics & Diplomacy September 26, 12:47
Russia has evidence terrorists used sarin in April attack on Khan Sheikhoun — diplomatRussian Politics & Diplomacy September 26, 12:24
More than 2,000 VIM-Avia passengers stuck in foreign airportsBusiness & Economy September 26, 12:11
Russia has no plans to quit INF treaty — diplomatRussian Politics & Diplomacy September 26, 11:35
“Global economic growth rates will be much lower than before. So, Russian economic growth rates will never be as before, as I refer to the level when there is no negative difference between potential and actual output. From my viewpoint, this is about 2.5-3% growth. So, if there had been neither sanctions nor oil price fall and if we had had made no follies, the economic growth would have been 2.5-3%. This is going to be the new normal level for a long time and forever for my generation. I do not see another normal rate. Perhaps, you will see it,” Ulyukayev said.
“Probably we have got in a perfect storm and perhaps this is not accidental. Because we have prepared this storm overselves in some sense. As for the structural crisis, it is a result of under-reformed economy and all that we have not done. We did not reduce macroeconomic costs, that is to say costs in pension system and social sphere which now means additional liabilities over social insurance fund and medical insurance,” Ulyukayev noted.