Davos World Economic Forum 2015 - TASS

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Those guilty in lawyer Magnitsky's death still at large, should be punished — Shuvalov

Russian banks’ barring from Swift to mean US and Russia sever ties — VTB bank head Kostin

Russia needs decades to build western-style democracy — deputy PM

Prominent economist calls to bring world market of works of art under control

Capital flow from Russia in 2015 may reach $90-100 billion — Kudrin

Moreover, tightening of Western sanctions against Russia will reduce the positive effect of the government’s anti-crisis measures, Russia's former finance minister believes

Russians don't associate sanctions with Putin, rather attack on Russia — first deputy PM

First Deputy Prime Minister Igor Shuvalov said without the Ukrainian crisis and anti-Russian sanctions the situation in the Russian economy would be harsher

No change in policy expected in Saudi Arabia after King Abdullah death — IEA

Early Friday morning, the price of WTI crude oil rebounded in the US after the reports of Saudi King Abdullah's death

Europe vulnerable to external shocks and uncompetitive — Dutch PM

European competitiveness would remain relatively low if no reforms were pursued Dutch Prime Minister Mark Rutte told the World Economic Forum news service

Russian ex-minister says Russia has 3 years to adjust to new oil prices

According to Alexey Kudrin, the Russian economy should have adjusted to the $60-$80 range

Saudi Arabia lowers oil prices for economic reasons — US economist

US economist Nuriel Roubini said Saudi Arabia acted as a typical oligopolistic leader

Total CEO predicts oil price recovery

He said however that cycle duration can not be predicted

Bureaucracy, inefficient regulation hinder business in Russia — Davos report

The report, Unknown Russia, is based on a poll of top managers from 54 Russian companies conducted by experts of the Davos Economic Forum’s council chaired by Russia's ex-finance minister

Russia plans unnecessary spending cuts amid oil price slump — deputy PM

The country will cut some of investment projects and reduce inefficient subsidies, Russian Deputy Prime Minister Arkady Dvorkovich told the Davos economic forum

Central Bank's credit policy won't change with Tulin's appointment, tactics may — Kudrin

According to Russia's former Finance Minister Alexey Kudrin, the main part of the devaluation has passed, but the strategy may change