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Topic: Economics

30.01.2015

The collapse of the Russian ruble continues: the dollar 71, euro - 81 37

13:45, Economics

The collapse of the Russian ruble continues: the dollar  71, euro - 81

Dollar, euro continuing to climb as dollar reaches 70 rubles, euro above 81 rubles.

Belarus's Eurobonds fall after Lukashenka's statements  ? 32

12:58, Economics

Belarus's Eurobonds fall after Lukashenka's statements

The price of Belarus's Europbonds has reached the historic minimum.

Scheduled IMF mission to start working in Belarus in March 5

11:04, Economics

Scheduled IMF mission to start working in Belarus in March

A planned IMF mission will work in Belarus in March 2015.

Siluanov: If necessary, Russia will consider providing aid to Belarus 24

10:30, Economics

Siluanov: If necessary, Russia will consider providing aid to Belarus

If necessary, Russia will consider offering extra aid to Belarus, Russian Finance Minister Anton Siluanov said in an interview with the American television network CNBC.

29.01.2015

No reforms under dictator's rule 22

15:58, Economics

No reforms under dictator's rule

Belarus is not ready to significantly change the economic development model, the dictator says.

Br15360 is a new dollar exchange rate record  ? 15

11:37, Economics

Br15360 is a new dollar exchange rate record

Dollar exchange rate rose from Br 15210 to Br15360 on the Belarusian Currency and Stock Exchange.

28.01.2015

Barys Zhaliba: Belarusian ruble should devalue faster than Russian one 21

14:29, Economics

Barys Zhaliba: Belarusian ruble should devalue faster than Russian one

If it does not happen, Belarusian export to Russia will face problems.

Non-residents withdraw $844.3 million from Belarusian banks  ? 21

14:19, Economics

Non-residents withdraw $844.3 million from Belarusian banks

Almost half of a billion dollars was withdrawn in December.

Kabiakou doesn't understand why EU vegetables are cheaper than Belarusian

12:11, Economics

Kabiakou doesn't understand why EU vegetables are cheaper than Belarusian

The prime minister ordered to revise prices of Belarusian fruits and vegetables.

Marholin: Chances to get credit from Russia significantly decreased 7

11:55, Economics

Marholin: Chances to get credit from Russia significantly decreased

"Junk" rating of Russia hits Belarus.

Dollar sold for Br16,500 at black market 25

8:54, Economics

Dollar sold for Br16,500 at black market

Belarusians learn about the exchange rate at the black market from police reports.

Oil price falls against stronger dollar 2

8:50, Economics

Oil price falls against stronger dollar

Oil is falling in price due to the strengthening of the dollar in trading in Asia, and a significant increase in U.S. oil inventories, according to Reuters.

27.01.2015

Lukashenka: Situation is not easy  ? 131

16:09, Economics

Lukashenka: Situation is not easy

The dictator warns that the process of tackling the crisis will take a longer time than expected.

Vice Minister of Trade: No tomatoes in shops? Buy cucumbers  ? 103

15:33, Economics

Vice Minister of Trade: No tomatoes in shops? Buy cucumbers

There are notably less quality vegetables and fruits on store shelves now.

S&P downgrades Russia to speculative BB+ level

15:21, Economics

S&P downgrades Russia to speculative BB+ level

The international rating agency Standard & Poor`s has downgraded the credit rating of the Russian Federation to the speculative BB+ from BBB- level, and the forecast is negative.

Belarusbanks client: Supply dollars or let us refill foreign currency accounts 40

14:21, Economics

Belarusbanks client: Supply dollars or let us refill foreign currency accounts

A man gave a severe rating to employees in a bank not far from Minsk for their denial to carry out a transaction.

Dollar continues rapid growth Br15,310 31

11:49, Economics

Dollar continues rapid growth  Br15,310

The US dollar rose against the Belarusian ruble by 210 rubles to Br15,310.

26.01.2015

Dollar rises to Br15,100  ? 32

11:45, Economics

Dollar rises to Br15,100

The dollar rose against the Belarusian ruble by Br190 to Br15,100.

23.01.2015

Dollar exchange rate firmed at Br14 910 12

12:10, Economics

Dollar exchange rate firmed at Br14 910

On January 23 dollar exchange rate rose by Br20 or 0.1 per cent and fixed at Br14910.

22.01.2015

Lukashenka bans raising salaries 102

16:11, Economics

Lukashenka bans raising salaries

The dictator met with the new prime minister and, in fact, forbade companies to raise salaries in the country despite a 40% devaluation of the Belarusian ruble.

Loans return, but interest rates double  ? 19

9:34, Economics

Loans return, but interest rates double

Debtors will have to overpay a half of the sum they borrow from a bank.

21.01.2015

Barys Zhaliba: Dollars exchange rate to reach Br18,000 20,000  ? 71

18:21, Economics

Barys Zhaliba: Dollars exchange rate to reach Br18,000  20,000

The exchange rate of the ruble is to continue falling in the coming days.

Die Welt: Belarus in trouble due to Russian crisis 16

14:00, Economics

Die Welt: Belarus in trouble due to Russian crisis

Dependence on Moscow is the Achilles heel of the Belarusian economy.

Colliers: Belarusian ruble is not suitable for real estate market 5

12:17, Economics

Colliers: Belarusian ruble is not suitable for real estate market

Utilization rates in Belarusian rubles significantly complicate, if not stultify financial modeling in relation to real estate projects.

Dollar and euro continue to grow 18

11:46, Economics

Dollar and euro continue to grow

On January 21 U.S. dollar rate increased by Br80 or 0.5% and fixed at Br14910.

20.01.2015

Photo fact: 2 dollars in Belarus  ? photos 45

17:00, Economics

Photo fact: 2 dollars in Belarus

Some Belarusians are jesting about the current developments in the National Bank.

Imported products disappear from shops  ? photos 65

13:35, Economics

Imported products disappear from shops

Belarusians had better forget about persimmon, mandarins and salmon.

Leanid Zlotnikau: Authorities turn the economy into chaos by restraining price rise 38

8:25, Economics

Leanid Zlotnikau: Authorities turn the economy into chaos by restraining price rise

Officials can't stop doing stupid things, and we are those who pay for it all.

19.01.2015

Oil prices slide below $50 again 2

9:29, Economics

Oil prices slide below $50 again

After struggling back up to $50 a barrel in recent days, oil prices dropped again on Monday against market expectations of worsened Chinese economic indicators.

16.01.2015

Lukashenka offers to write Belarusian PayPal 26

14:02, Economics

Lukashenka offers to write Belarusian PayPal

The dictator gave advice to the National Bank of the Republic of Belarus.

Lukashenka demands to increase confidence in Belarusian ruble 63

12:08, Economics

Lukashenka demands to increase confidence in  Belarusian ruble

The dictator wants the National Bank to take measures to decrease the inflation rate and increase people's confidence in the national currency.

Rosselkhoznadzor: Belarus continues smuggling products 3

8:07, Economics

Rosselkhoznadzor: Belarus continues smuggling products

Belarus continues bringing sanctioned goods into Russia.

15.01.2015

Lukashenka allowed Trade Ministry to increase some prices in hand-operated mode 30

17:40, Economics

Lukashenka allowed Trade Ministry to increase some prices in hand-operated mode

Today, after meetings with representatives of business, the dictator allowed the Trade Ministry of Belarus to increase prices for some groups of goods.

Leanid Zaika: Now we have fantastic prices 34

14:10, Economics

Leanid Zaika: Now we have fantastic prices

In the nearest future prices in Belarus are to go up by 30%.

Oil prices fall again rapidly after brief rally 3

12:31, Economics

Oil prices fall again rapidly after brief rally

Oil prices have resumed their downward tendency after growing on Wednesday - the same day they hit a fresh, six-year low, according to Reuters.

Dollar costs Br18,500 on black market  ? 44

12:09, Economics

Dollar costs Br18,500 on black market

The fall of the Belarusian ruble, which has been continuing since the end of last year, has failed to increase the amount of foreign cash in exchange offices.

Exchange dollar rate reached Br150 million excluding denominations 12

11:46, Economics

Exchange dollar rate reached Br150 million excluding denominations

On January 15 the official dollar exchange rate reached Br15.010, which is a new historic maximum.

14.01.2015

Losses of Belarusian enterprises reached 13 bn rubles 10

17:23, Economics

Losses of Belarusian enterprises reached 13 bn rubles

On the results of the work in January November 2014, 1116 economic entities were called loss-making in Belarus.

Single tax for entrepreneurs and individuals in Minsk to increase by 15% 14

14:19, Economics

Single tax for entrepreneurs and individuals in Minsk to increase by 15%

Tax rate increase depends on the activity, but the average rate fixed at 15%.

Stanislau Bahdankevich: National Bank to be blamed for lack of foreign cash in exchange offices

14:08, Economics

Stanislau Bahdankevich: National Bank to be blamed for lack of foreign cash in exchange offices

The lack of foreign currency in exchange offices provokes distrust of both the government and the national currency.

Banks sell dollar for Br15,310  ? photos 118

13:38, Economics

Banks sell dollar for Br15,310

Belarusian banks raised the exchange rate in currency exchange offices following the growth of the official exchange rate.

Dollar in Minsk trades at more than Br15 000 148

12:16, Economics

Dollar in Minsk trades at more than Br15 000

On Wednesday the Belarusian ruble had a downturn.

The Times: Oil prices to fall to $20 32

11:35, Economics

The Times: Oil prices to fall to $20

Oil prices can hit a 20-year low.

Prices in Belarus equal those in belligerent Donbas region 26

10:08, Economics

Prices in Belarus equal those in belligerent Donbas region

It is January and the idiocy is getting stronger.





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