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Russia is now the biggest European Economy in the World ranking 5th

lol....another tool that learned to type, although in small quantities. :lol:

Russian Genocide made by Americans and Nato

Seriously have some dignity you say russians are evil yet look at your american history killing all indians and deporting slaves into america. You even dropped ******* nuclear bombs to japan the only country ever using this weapons against civilians. America is the most evil empire in history.

Because i'm right about russians when i'm saying that most of you are certified retards,you don't even care about your neighbour beeing drag out of his home and shot as long as you personally lead a good life.That's why you love Putin giving up democracy and freedom,that's why you still love Stalin.Bunch of retards you are,worst thing is that you're a bunch of retards with nukes...

comes from the guy who supports the EUSSR
 
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comes from the guy who supports the EUSSR

I've critised the EU many times for some of its policies.Supporting a project doesn't mean blindly follow all of its objectives.Take this Stalin discussion for example,you could say that the guy industrialised the USSR and won her WW2,but at the same time you can admit that earlier defeats of the russian army in WW2 were due to Stalin's purges and that in general he was a mass murderer,but nooooo,some(i didn't hear you personally saying it though) have to play the "he was a saint viillified by western imperialist propaganda" card.That's just stupid.Many times there are pros and cons to every debate.


http://rt.com/business/russia-next-greece-slow-growth-631/
 
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next greece my ***, there plenty of European economies who have lower growth in q1

List of Countries by GDP Annual Growth Rate


read also

Russia’s H2 GDP may grow 2–4% on global revival, grain harvest


By Tatyana Labutina

MOSCOW, Jul 8 (PRIME) -- Russia’s economy may speed up to 2.1–4.0% in July–December following an expected revival of the global economy and a good grain harvest, analysts said on Monday.

“We have a low base effect of the same period last year. There are also chances of the domestic grain harvest being better. The world’s economy is expected to revive, and the situation with exports may improve by consequence,” Otkritie Bank chief analyst Vladimir Tikhomirov said.

The slowdown of Russia’s economy, whose growth fell to 3.0% and 2.1% in last two quarters of 2012, and moved down further to 1.6% in January–March, has forced President Vladimir Putin, whose approval ratings have slid during the first year of his third term, to call on the government and the central bank to take measures to reverse the downward trend again and again.

The International Monetary Fund has cut its 2013 forecast for Russia to 2.5% from 3.7%, while the Fitch rating agency has decreased its forecast to 2.2% from 3.2%.

The Economic Development Ministry expects the GDP to speed up to 2.1% in April–June, 2.5% in July–September, and 3.4% in October–December, while the total growth for 2013 will be at 2.4% compared to 3.4% in 2012. Analysts expect the GDP to grow 2.1–3.0% in 2013.

Some analysts also believe that the central bank, which some officials think keep its monetary policy too tight, may ease it by September, when the consumer price inflation slows down to help stimulate the economy.

“There are chances that the monetary policy will be eased by autumn, as the consumer price inflation may subside by this time. The consumer price inflation depends on food prices, and the grain harvest is expected to be good,” Alexei Devyatov, an analyst at Uralsib Capital, said.

The Agriculture Ministry expects Russia to harvest a bumper crop of 95.0 million tonnes of grain this agricultural year year after 70.9 million tonnes it had last year.

The government and analysts blame stagnant investments, lower energy exports, which accounts for a significant share of Russia’s GDP, and a weaker consumer demand, on the economic slowdown.

“The domestic consumer demand has slowed down. Investments have been stagnating since mid-2012, with the level of real investments being close to zero. Gas exports have been falling in Europe and Ukraine, showing no signals of any improvement yet,” Rosbank analyst Vladimir Tsibanov said.

Demand for energy resources in Europe have been falling, hit by a recession in the region and partially by a mild winter weather, while the slowdown of consumer demand followed lower household incomes, analysts said.

Capital investments into Russia’s economy decreased 0.4% in January–May, compared to a 14.0% increase in the same period of last year, and may grow only 4.6% in 2013 compared to 6.7% in 2012.

GROWTH PROSPECTS

Analysts agreed that any further growth of Russia’s economy strictly depends on the country’s investment climate, the improvement of which has been a long-declared goal of the authorities.

Tikhomirov said that the economic growth in July–December will not be fundamental, as the government has no more resources to intensify it.

“The best way out is the implementation of structural reforms and the reduction of government’s participation in the economy and state-run companies,” he said.

The investment climate could be improved if structural reforms, which mainly envisage the transition to a non-resource economy and the development of manufacturing industries, are implemented. The upgrade requires significant long-term investment, fighting corruption, political democratization, the elimination of the administrative barriers, the reform of the legal system, and the upgrade of economic management.

Being closely tied to energy exports, the economy will be weak in the long-term as a commodity cycle, which included higher commodity prices, is ending, unless the reforms are fulfilled, Andrei Kuznetsov from Sberbank CIB said.

MONETARY POLICY OF NEW CHAIRPERSON

Despite political pressure, Central Bank Chairwoman Elvira Nabiullina, who took up the post in June, may follow the monetary policy established by her predecessor Sergei Ignatyev, keeping its focus on inflation, and is unlikely to take serious measures to stimulate the economic growth, analysts said.

Nabiullina has recently said that the central bank’s instruments will not help solve Russia’s economic growth problems as they result from the absence of structural reforms and a poor investment climate. She believes in reining in inflation, which is mostly linked to non-monetary factors, to help the economy grow.

“She will not take measures to seriously stimulate the economic growth. She will continue to target inflation,” Tsibanov said.

Nabiullina said in mid-June that the bank may cut the rates in July–September, if the annual inflation, which peaked at 7.4% in May, exceeding the 2013 target range of 5.0–6.0%, goes down and the combination of other factors permits the bank to expect its further decrease.

Analysts expect the annual inflation to fall to at least 6% by August in annual terms mainly due to a high base effect. Last year, a low grain harvest and the growth of the world’s grain prices pushed food prices up and inflation rose to 0.9% in June and 1.2% in July from 0.5% in May.

This year, inflation is expected to slow down to 0.3–0.4% in June from 0.7% in May, the highest monthly level since 2008, prompted by the growth of food prices and railroad tariffs. The annual inflation is expected to slow down to 6.8% in June from 7.4% in May.

If the price rise slows down, the central bank may cut its key rates by 0.25 percentage points in August and then take a pause until September–October, some analysts said.

“Nabiullina is likely to reduce the bank’s key rates by 0.25% in August, as the annual consumer price inflation will fall to at least 6%,” Tsibanov said.

Analysts believe that the possibility of changing the bank’s monetary policy in July is low, as the month-on-month inflation will still be quite high due to the latest increase of natural monopolies prices.

“Pressure exerted by Putin is unlikely to reach such a level where Nabiullina will have to cut rates as early as July,” Devyatov said.

The central bank has kept the refinancing rate unchanged at 8.25% since September 2012.
 
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next greece my ***, there plenty of European economies who have lower growth in q1

List of Countries by GDP Annual Growth Rate


read also

Russia’s H2 GDP may grow 2–4% on global revival, grain harvest

Hmm,i don't know if that is such a good news and i'm saying this coming from a country expecting to have a 2-2.4% growth this year also based on a record grain harvest(altough still not up on our full potential but higher than recent years because of latest investments) but I don't think that it's healthy for a mature economy to rely on agricultural output who,we all know can be moody,we can get lucky this year with a whole series of factors from weather to pests,etc but a disaster year can take away a lot of gains.The growth should come from other sectors.
 
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Hmm,i don't know if that is such a good news and i'm saying this coming from a country expecting to have a 2-2.4% growth this year also based on a record grain harvest(altough still not up on our full potential but higher than recent years because of latest investments) but I don't think that it's healthy for a mature economy to rely on agricultural output who,we all know can be moody,we can get lucky this year with a whole series of factors from weather to pests,etc but a disaster year can take away a lot of gains.The growth should come from other sectors.

agriculture is important sector if good harvest is done inflation will be low and so can be interest rates
 
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While it is true poppy production went up after 2001, noone is forcing Russian teenagers to inject heroin. iirc there were Russian agents doing drug busts in Afghanistan some years ago, don't know what happened to that, no recent news....
Also Russians seem to do ok without and use home made drug named krokodil, a nice toxic mixture of legal drugs that eats away the skin making users look like stitched abominations.
Type "Desomorphine effects" into Google (or any) picture search and don't ever come telling again how Americans are destroying innocent Russians. They seem pretty adept at that themselves.

you say russians are evil

Where did i say that? I'm basically arguing that Stalin was a piece of shit. Try to look beyond the flags displayed, i'm closer (related) to you then you think.

rest is :blah:
 
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While it is true poppy production went up after 2001, noone is forcing Russian teenagers to inject heroin. iirc there were Russian agents doing drug busts in Afghanistan some years ago, don't know what happened to that, no recent news....
Also Russians seem to do ok without and use home made drug named krokodil, a nice toxic mixture of legal drugs that eats away the skin making users look like stitched abominations.
Type "Desomorphine effects" into Google (or any) picture search and don't ever come telling again how Americans are destroying innocent Russians. They seem pretty adept at that themselves.

they adapted after you flooded russia with drugs and your retarded music like kurt cobaine and films like hangover which encourages teenager to take drugs.


truth hearts right?

 
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Russian economy becomes biggest in Europe
July 17, 2013 Tatyana Lisina, RBTH
According to data from the World Bank, Russia's economy has jumped ahead of all the European nations, becoming the fifth largest worldwide in terms of GDP. Experts are confident that, in the future, the gap between the Russian Federation and the Old World will widen further.

According to data published by the World Bank in July, Russia is fighting the global economic crisis much more successfully than most developed countries. Based on GDP adjusted for purchasing power parity (PPP), Russia jumped ahead of all the EU nations in 2012, including Germany, which is number six in the world.
Ahead of Russia in the top five were the United States, China, India and Japan. The World Bank data substantiated the IMF rankings published in late 2012, even though the IMF rankings put Russia in sixth place, slightly behind Germany.
July's World Bank rankings of GDP adjusted for PPP further confirm the noteworthy level of the Russian economy, experts say. According to IMF data on nominal GDP, Russia rose from ninth to eighth place.
In addition, in early July, the World Bank shifted Russia to the group of countries with high national income per capita; for the last decade, Russia was in the category of upper middle income.

The ascent in the rankings will become a significant advantage for Russia's accession to the Organization for Economic Cooperation and Development (OECD), which is planned for 2015. To raise per capita GDP, OECD experts recommend increasing labor productivity, stimulating innovation, and implementing financial and tax regulation.

The success of Russia's economy does not surprise experts. According to Yaroslav Lissovolik, chief economist at Deutsche Bank, the ranking by GDP adjusted for PPP fully reflects the consumption of goods and services in the economy.
“The Russian economy is generating growth due to favorable oil prices, at a time when Europe is in a recession and its prospects for exiting this recession are not clear. The situation in southern Europe, which affects Germany and other countries, is particularly complicated.
Consequently, Russia is losing less from the current crisis than Europe is. Moreover, over the last year and a half, the ruble has shown decent results against a backdrop of decline on other developing markets,” Lissovolik said.

Dmitry Orlov, CEO of the Agency for Political and Economic Communications, also believes that Russia's place in the GDP rankings is completely justified. “Due to our problems, in terms of gross product and purchasing power, we are far from China but much higher than Europe,” he said.
So what is in store for the Russian economy in the future? This question is of great interest to average Russians, as well as to global investors, who are closely observing the country. Not long ago, the IMF lowered its forecast of Russia's growth in 2013 to 2.5 percent. The World Bank's forecast is only slightly lower—2.3 percent.

Incidentally, these figures look somewhat high, considering the GDP growth forecast for the United States (1.7 percent) and the eurozone recession (-0.6 percent). However, it is still the case that the economic growth of Russia’s two BRICS neighbors will, as previously, turn out to be more impressive than that of Russia (7.8 percent for China, 5.6 percent for India).
The experts questioned believe that, in the coming year, due to the stagnation of the eurozone, Russia's separation from Europe will only increase, and the country will significantly succumb to the Asian countries. “China and India will establish their positions in the GDP rankings,” said Orlov.
Lissovolik agrees with him, also noting that, despite the change in the World Bank rankings, the problem of insufficient economic growth in Russia still exists and is somewhat acute.
 
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bne
July 17, 2013


Russia passed an important milestone on July 15, overtaking Germany to become the biggest economy in Europe in terms of purchasing power parity and the fifth biggest in the world.

This achievement comes on top of the World Bank’s decision a week earlier to upgrade Russia from a "middle-income" to a "high income" country after per-capita income passed the $12,700 mark.

Russia is now the only one of the five BRICS – Brazil, Russia, India, China, South Africa – that is a high-income country and no longer an emerging market.

Indeed, Russia has not been an emerging market for several years already, according to the UN Development Programme (UNDP) rankings.

The World Bank's new GDP rating published last week ranks the US as the world's largest economy by purchasing power parity last year with $15.7 trillion, followed by China with $12.5 trillion, India with $4.8 trillion, and Japan with $4.5 trillion (see table below).

Russia overtook Germany last year to rank fifth with $3.4 trillion, versus Germany's $3.3 trillion. In 2011, Russia's GDP based on purchasing power parity totalled $3.203 trillion, compared with Germany's $3.227 trillion, RT reports.

Russian Prime Minister Dmitry Medvedev was singing Russia’s praise after the results were released. "I've just looked at the news story that Russia has moved to fifth place in the ranking of the world's largest economies by GDP, edging out Germany. I don't know the methodology that the World Bank used, probably by purchasing power parity, but this is good news," Medvedev said.

These years are key for Russia as it starts to flex its economic muscle. While most commentators focus on China’s astronomical GDP growth rates where Russia does poorly in comparison – Russia’s economy grew by a mere 1.6% over the first quarter of this year whereas China’s economy expanded by over 7% - this ignores the relatively large differences between the two leading emerging markets: while Russia is a high-income country, China has only recently moved into the middle-income bracket.

Instead of looking at raw growth, if you compare Russia’s GDP per capita growth with that of the other BRICS, then Russia is growing by far the fastest amongst the “emerging markets.”

It is already the second biggest consumer market on the Continent, and as bne reported in a cover story in February 2012 it will soon become the biggest consumer market in all Europe in the next few years.

However, becoming so rich and having incomes rise so fast comes with its own set of problems.

As both the EBRD’s chief economist Erik Berglof and Renaissance Capital’s Ivan Tchakarov have argued recently, Russia now faces the danger of falling into the "middle-income trap" where rising incomes makes the economy uncompetitive faster than its backwardness is an advantage. The jury is still out on whether Russia can escape this trap, hence the Kremlin’s current emphasis on boosting growth at any cost.

The World Bank's rating differs from the nominal GDP rating compiled by the International Monetary Fund, where Russia ranks only eighth with $2 trillion, while the US is at the top with $15.7 trillion, followed by China with $8.2 trillion, Japan with $6 trillion, Germany with $3.4 trillion, France with $2.6 trillion, the UK with $2.4 trillion, and Brazil with $2.4 trillion.
 
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I dont care about American the only thing i care about is that stalin was a mass murderer and almost genocided my people without a good reason eventhough we fought for the soviets in ww2 i will and no one of my people will ever forgive stalin for this i hope he burns for eternity for all the lives he destroyed.
 
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Russia is now the biggest European Economy in the World surpassing germany after the US, China, India and Japan.


Russia has also almost a high gdp per capita now like greece and surpassed estonia both are counted as first World countries by many organizations. Despite all the negativity towards russia and many external attacks russia faced, it managed to get first world standards on its one without any help like other Western allies received and are still receiving.

Russia in the 21st century a country you can look up to
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If so, I think this is very promising news.
 
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