Russian news, notes and thoughts

November, 2012 / RSS notes

28 November, 2012  // As of November 25, Russia has destroyed 28 thousand tons of chemical weapons, or about 70 percent of its declared stockpiles. This was announced by Deputy Minister for Industry and Trade Georgy Kalamanov on the 17th Conference of the member countries of the Organization for the Prohibition of Chemical Weapons which was held in Hague.

24 November, 2012  // Russia's economy is recognized as one of the most stable among the countries of G20. In the economic performance rating compiled by Financial Times, Russia took the second place. Saudi Arabia ranked first, China - the third. Russia in comparison with other countries has low level of debt, a relatively low unemployment rate (5%), significant foreign exchange reserves, and economic growth (4%).

19 November, 2012  // In September 2012, the total Russian investment in U.S. Treasuries amounted to $ 162.8 billion. By the end of July, the figure was $ 156.2 billion. Russia joined the group of key buyers of U.S. Treasuries in 2008, when the country increased its investment in Treasuries in 3.5 times - to $ 116.4 billion from $ 32.6 billion.

13 November, 2012  // Some fresh figures from Russia. The Central Bank increased up to 7% its inflation forecast for 2012 due to the accelerated growth in food prices. 561 drunk drivers were arrested by the traffic police for four days in Moscow. In ten months of 2012 the average gas price rose by 6,83% (from about 0,86 to 0,92 USD per liter). Russian national soccer team is on the 9th place in FIFA ranking.

6 November, 2012  // Vladimir Putin decided to dismiss Defense Minister Anatoly Serdyukov. Sergei Shoigu has been appointed as an acting head of the ministry. Serdyukov was appointed about five years ago for a large-scale reform of the Russian army. Like any major changes, these reforms led to numerous complaints, also high level of corruption in everything related to the army makes the real reasons for the resignation even darker.

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Paul Manoli
News reporting
Excellent reporting. Interesting content.

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