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Russia raises interest rate to 17%
Russia's shock-and-awe move fails to halt ruble collapse

year 2014 Top ^

  In a dramatic overnight move, the Bank of Russia hiked interest rates -- to 17% from 10.5% -- but the ruble plunged further
 Russia plans new measures to stabilise the rouble
  The Russian central bank has announced it is hiking its key interest rate to 17% from 10.5% 'to try to ease the rouble's recent descent'

year 2013 Top ^

  The Group of 20's finance ministers said their countries consider strengthening economic growth and creating jobs to be top priorities
Feb.15   Countries join in tax reform plea
  The UK Chancellor George Osborne and his French and German counterparts are to call for global tax rules to clamp down on corporate tax avoidance

year 2011 Top ^

Sep.26 Russia finance minister resigns
  Russian Finance Minister Alexei Kudrin has resigned after a public row with President Dmitry Medvedev

year 2009 Top ^

Mar.2 Russia admits financial mistakes
  Russia's finance minister Alexei Kudrin made a rare admission of responsibility for the country's severe economic crisis

year 2008 Top ^

Nov.21 Crunch cripples Europe's tallest tower
  Construction work has stopped on Russia Tower after developers said their lofty ambitions had been hit by the global financial crisis

year 2006 Top ^

Sep.14 Central banker shot dead
  The top deputy chairman of Central Bank Andrei Kozlov, 41, was being gunned down by two assailants

year 2001 Top ^

May.17 EU wants Russia to trade in euros
  Joint statement agreeing to examine to switch from dollars to euros in commerce

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