Russia Stock Market

Posted by Noman Manzoor | Posted in


The Russian Empire was ousted in 1917 and, with Vladimir LENIN as leader, the Communists took over the country and created the USSR. With Iosif STALIN as leader, the control of the communists in the Soviet Union strengthened, but with General Secretary Mikhail GORBACHEV attempts were made to bring modernity to Communism. The USSR eventually declined in December 1991; the result was Russia and 14 autonomous republics. Russia has experienced difficulties in establishing a democratic political system and a market economy rule. Under the leadership of Vladimir PUTIN, power has once again been centralized.
Capital City: Moscow (+3 GMT)
Chief of State: President Vladimir Vladimirovich PUTIN
Head of Govt.: Premier Mikhail Fradkov
Currency: Russian ruble
Main Cities: St. Petersburg, Novosibirsk, Nizhniy Novgorod
Major Languages: Russian
Calling Code: 7
Voltage: 110/220V
Stock Exchanges: Moscow Stock Exchange
Primary Religions: Russian Orthodox, Muslim
Main Airports
Moscow (SVO) (Sheremetyevo), St Petersburg (LED) (Pulkovo)
U.S. Embassy
Bolshoy Devyatinskiy Pereulok, Number 8, 121099 Moscowtel. [7](095) 728-5000http://moscow.usembassy.gov/
Statistics
GDP: purchasing power parity:
$1.589 trillion (2005 est.)
GDP - real growth rate:
6.4% (2005 est.)
GDP - per capita: purchasing power parity:
11,100 (2005 est.)
Inflation rate (consumer prices):
12.7% (2005 est.)
Labor force:
74.22 million (2005 est.)
Exports:
$245 billion (2005 est.)
Exports - partners:
Netherlands 10.3%, Germany 8.3%, Italy 7.9%, China 5.5%, Ukraine 5.2%, Turkey 4.5%, Switzerland 4.4% (2005)
Imports:
$125 billion (2005 est.)
Imports - partners:
Germany 13.6%, Ukraine 8%, China 7.4%, Japan 6%, Belarus 4.7%, US 4.7%, Italy 4.6%, South Korea 4.1% (2005)
Population:
142,893,540 (July 2006 est.)
Population growth rate:
-0.37% (2006 est.)
Population Below Poverty Line:
17.8% (2004 est.)
Major Industries:
coal, oil, gas, chemicals, and metals; rolling mills, high-performance aircraft, space vehicles; defense industries including radar, missile production, and advanced electronic components, shipbuilding; road and rail transportation equipment; communications equipment; agricultural machinery, tractors, and construction equipment; electric power generating and transmitting equipment; medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts
Employing Workers: 87*
Registering Property: 44*
Enforcing Contracts: 25*
Closing a Business: 81*
*2006 World Bank rank out of 175 countries

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