Breaking News
Countries with More Vaccinations Coming Out of Crisis Faster: IMF
...
Several Roads under CPEC in Their Final Phase: Pakistani Official
...
China’s Sinopharm Receives WHO Validation for Safety, Efficacy & Quality
...
Turkish Lira Plunges Sharply Against US Dollar
...
U.S. $1.9 Trillion Stimulus Package Could Heat Up Economic Expansion
...
Lebanese Producers Enter Chinese Market Through Online Giant JD.Com
...
Russia’s inflation rises, as rouble falls
Russia’s inflation is estimated to hit about 11.4% in 2014, as rouble continues to plunge.
Consumer prices rose 2.6% in December, a month when the rouble suffered some of its steepest falls.
The Western sanctions and cheap oil price have driven down the value of the rouble, resulting in higher prices of the imports.
Russia’s actions in Ukrain have resulted in more sanctions from the West that have hit the banking sector by cutting off foreign lending. On the other hand, a fall in the price of oil has cut revenues earned by the government.
The government is injecting cash into the economy to help the banks strengthen its capital structure and help boost lending to important projects.
Related Articles
Fight against corruption results in 19% increase in Nangarhar's customs revenues
Officials have reported an increase of 19% in Nangarhar’s customs revenues over the first quarter of the current Afghan fiscal
A new bridge connecting 16 villages to district centre opens in Khulm, Balkh
A new bridge opened in the village of Khwaja Burhan in Khulm district in Balkh, connecting 16 villages with the
YouTube Channel on At-Home Workouts for Afghan Women
Shamila Kohestani, the former captain of the Afghan Women’s National Football Team, has launched a YouTube channel where she teaches
