The Central Corridor light rail project reaches a milestone this week as the Metropolitan Council is expected to formally request funding from the federal government. » Full text »
The Ukrainian national currency continues going down against the dollar, the euro, and the Russian ruble. Experts suppose Belarus, where the situation is far worse, will inevitably face the Ukrainian scenario.
German Finance Minister Peer Steinbrueck has warned against cutting interest rates to spur the country's economy, a move he insists would lead to a hazardous "growth bubble" in Germany.
To overcome the economic recession the president and cabinet must invite the world's best economic experts, Ukrainian billionaire Rinat Akhmetov said, speaking to journalists in Donetsk Dec. 19.
Gazprom's executive board has approved an investment program worth RUB 920.44bn for 2009, the Russian gas monopoly said in a statement today. Specifically, Gazprom's capital investment is to amount to RUB 699.88bn, and long-term financial investment to RUB 220.56bn. According
German inflation slowed to 1.1 percent in December, mainly as a result in a steep fall in the price of fuel, the Federal Statistics Office, Destatis, said Tuesday, Dec. 30.