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World Economic Forum opens in Davos

The World Economic Forum, which annually brings together leading representatives of political and business elites, will open in the Swiss ski resort of Davos today. According to organizers, its main theme is the beginning of the fourth industrial revolution, however, the participants will also discuss a number of pressing political and economic issues, including the unprecedented drop in oil prices, the lifting of sanctions against Iran and the terrorist threat.

Ulyukayev: low oil prices may continue for decades

The period of low oil prices may last for decades, Russian Minister of Economic Development, Alexey Ulyukayev, said at the Gaidar Forum. Russia has entered the period of limitation for economic growth and former drivers of the economy …

Putin: peak of crisis has passed

Today Moscow is hosting the 7th Russia Calling! Investment Forum organised by VTB Capital. The participants are discussing the priorities of development of the Russian economy, promotion of regional growth and the main trends in the …

VTB offers Armenian companies to borrow in rubles

VTB Bank plans to provide loans to Armenian producers in rubles, the Chairman of VTB Bank Management Board, Mikhail Oseyevsky, said. "We see that the national currencies are weakening, and this is typical to all developing markets. …