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The finance minister noted that volatility in currency movements were being witnessed in other parts of the world as well.
The present government had terminated the $500 mn airport project awarded to GMR.
Russia says there could be a political vacuum in Syria if Assad steps down.
Sergei Storchak, deputy finance minister of Russia speaks exclusively to The BRICS Post.
Protests are increasingly focused on the $13 billion cost of the World Cup and expenditure on the 2016 Olympics.
Economists say investment cooperation between China and Russia will see further expansion.
Russia’s deputy finance minister Sergei Storchak said the Bank may start operating as early as 2015.
There were more than 14,000 offenses committed at Russian sporting events over the last three years.
The deal is likely to make Moscow China’s biggest energy supplier.
Director of McKinsey, Russia talks to TBP about the Russian economy and the calls for diversification.