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Russia's Core Sectors Record Fast Growth


Migrant workers building a new shopping mall in Moscow in June (RFE/RL) October 31, 2006 -- The Russian State Statistics Service announced today that the country's core sectors -- industry, construction, agriculture, transport, and retail trade -- grew by 5.7 percent in the first nine months of the year.


The figure was 4,5 percent in the same period last year.


Meanwhile, the Finance Ministry said in a statement posted on its website that Russia's foreign debt, including former Soviet-era debt, has been reduced to $50.1 billion.


(Interfax)

Russian Arms Exports

Russian Arms Exports

Russia's advanced S-300 air-defense system (epa file photo)

BOOM TIMES: In 2005, Russia sold more than $6 billion in weapons to more than 60 countries around the world. The state arms exporter says it has $17 billion in orders in hand....(more)


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