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• Russia To Test New Unique Project 855 Yasen Nuclear Submarine

  Russia » Economics

  Russia will begin tests of its new state-of-the-art multi-purpose nuclear submarine Yasen, Project 855, already in 2010. The unique submarine qualitatively differs from all of its predecessors. Moreover, Yasen is the first submarine, which was entirely built in Russia during the post-Soviet period. The submarine was named Severodvinsk. Engineers of...

• Russia Conquers Market of Nuclear Power

  Russia » Economics

  Russian specialists are building 5 power units abroad. Kudankulam Nuclear Power Plant is under construction in India (two power units), Bushehr power station is being built in Iran (one power unit), and construction of the Belene nuclear plant is ongoing in Bulgaria (two power units). During Putin’s visit to India last week, the parties coordinated...

• Russian GDP Growth Exceeds Putin's Expectations

  Russia » Economics

  The growth of the GDP of the Russian Federation will reach the level of 4-4.5 percent in 2010 and may further increase to 6 percent. Putin said in December of 2009 that the nation’s GDP would grow by approximately three percent in 2010. The bailout measures taken by the Russian government produced a positive effect, the prime minister added

• Russia May Lose Influence on Setting Oil and Gas Prices

  Russia » Economics

  Russia will not be able to dictate prices on its exported fuel. The demand on oil and gas will remain, of course, but it will be a different kind of demand, where the customer, not the producer, will dictate the prices, specialists say. The current oil price is still a consolation. However, the price is high, and it seems like there is no need to...

• Chemical Enterprises To Kill 3 Million Russians

  Russia » Economics

  The level of air pollution in Russian cities considerably exceeds the norms even under the conditions of the economic crisis, when the volume of production is lower than it was before. Bad ecology adds ten percent to population mortality rate. This percentage makes 40,000 people a year, which can be compared to the population of a whole town...