Tag «Russian Federation»

Despite Economic Slowdown, China Strongly Committed to Green growth

China’s political leaders are strongly committed to green growth and are focusing on renewable energy technologies China’s renewable energy industry has seen rapid growth, which is set to continue The country is a “world leader” in green coal technologies Over 1,700 participants from 90 countries are taking part in the World Economic Forum’s ninth Annual …

IMF Executive Board Concludes 2013 Article IV Consultation with Russian Federation

On September 18, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Russian Federation.1 Real GDP growth in Russia has slowed, amid weak investment and external demand. Yet, the economy remains close to full capacity, with unemployment at historic lows and capacity utilization at pre-crisis highs. Short-term indicators are mixed, …

Kristall, Europe’s largest diamond manufacturing company, celebrates 50th anniversary in style

Smolensk, Russian Federation – June 3, 2013: Kristall Production Corporation (KPC), which is not only Russia’s leading diamond manufacturer, but also the largest diamond manufacturer on the European continent, celebrated the occasion of its 50th anniversary on May 24, in Smolensk, in the presence of an impressive delegation of Russian federal and local government representatives, …