Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
Russia cuts oil production by 185,000 barrels per day as of today — energy ministerBusiness & Economy March 25, 18:30
OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
STOCKHOLM, October 12. /TASS/. Scotland-born microeconomist Angus Deaton of Princeton University has been awarded the 2015 Prize in Economic Sciences in Memory of Alfred Nobel "for his analysis of consumption, poverty, and welfare," the Royal Swedish Academy of Sciences said on Monday.
"To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices," the academy said in a statement. "More than anyone else, Angus Deaton has enhanced this understanding.
"By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics," the academy said.
The prize is worth 8 million Swedish crown ($978,000).