So far from the international commitment to a coordinated fiscal boost he once dreamed of, the Prime Minister now seems content to accept a mere stock-taking exercise at the G20 summit next week: "Nobody is suggesting that people come to the G20 meeting and put on the table the budget they're going to have for the next year. What we are suggesting is that we have to look at what we have done so far... I see consensus, not a disagreement on that."
On March 16 Russia unveiled its plans for sweeping global financial reforms designed to weaken the American dominance and overhaul the "obsolescent" world economic order of the past.
30 March 2009 , 08:47Vladimir FrolovRussia Profile0
Back in the spring of 1998, when Boris Yeltsin was still at Russia's helm, I led a group of global investors to Moscow to find out firsthand where the Russian economy was headed.
27 March 2009 , 09:11Desmond LachmanThe Washington Post0
With all the despair over the American economy's disappearing jobs and plummeting growth, here's mind bender for you: There is no U.S. economy. The national economy, as we traditionally think of it, is a myth. A fake. Over.
26 March 2009 , 08:59Carlos LozadaThe Washington Post0
Igor Shuvalov, Russia's liberal deputy prime minister, threw down the gauntlet to the country's powerful energy and metallobbies yesterday, saying several years of low commodity prices would help to create a more modern economy.