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‘Too early’ to see end of recession

Major emerging economies Brazil, Russia, India and China told their G20 counterparts on September 3 it was "too early'' to speak of an end to the global economic crisis.

Macho Alert: Russia's Vladimir Putin on vacation

Russian Prime Minister Vladimir Putin on a short holiday in the the Siberian Tyva region

The US, Thailand and South Africa are most affected expat locations. Almost half of expats in UK are considering returning home. Emerging markets rank above established centres for expat finances, while UK is the worst for saving behind Spain and France. Despite economic crisis, expats are wealthier and save more than in country of origin.

Thai exporters advised to apply GSP on exports to Russia

Thai exporters, especially rice dealers, are urged to exercise the generalized system of preferences (GSP) programme given by Russia to the kingdom in order to boost exports to that country, a senior Thai commerce ministry official said.

Thailand announced on April 30 that it would not interfere in the extradition hearing of an alleged Russian arms smuggler whom the United States wants to put on trial but Russia reportedly wants sent home.

Obama Offered Deal to Russia in Secret Letter

WASHINGTON, USA — President Obama sent a secret letter to Russia’s president last month suggesting that he would back off deploying a new missile defense system in Eastern Europe if Moscow would help stop Iran from developing long-range weapons, American officials said Monday.


 

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