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Persian
/ English /
Russia
conventional long form: Russian
Federation
conventional short form: Russia
local long form: Rossiyskaya Federatsiya
local short form: Rossiya
former: Russian Empire, Russian Soviet Federative Socialist
Republic
Moscow. Population: 12.6 million (2009 estimate).
Northern Asia (that part west of the
Urals is included with Europe), bordering the Arctic Ocean,
between Europe and the North Pacific Ocean
17,075,400 sq km (6,592,850 sq miles).
Description:
The Russian Federation covers almost twice the area of the
USA, and reaches from the enclave of Kaliningrad in the west over
the Urals and the vast Siberian plains to the Sea of Okhotsk in
the east. The border between European Russia and Siberia (Asia) is
formed by the Ural Mountains, the Ural River and the Manych
Depression.
European Russia extends from the North Polar Sea across the
Central Russian Uplands to the Black Sea, the Northern Caucasus
and the Caspian Sea. Siberia stretches from the West Siberian
Plain across the Central Siberian Plateau to the Lena River and
takes in the Sayan and Yablonovy ranges in the south. East of
Siberia stretches the Russian Far East, a region almost as big as
Siberia itself, running to the Pacific coast and including the
vast Chukotka and Kamchatka peninsulas.
Population:
140 million (2009 estimate).
Russian is the official language, although there are over 100
other languages. English is widely spoken by younger people as
well as some educated older people.
Climate:
Throughout the country, the warm summer months of June, July
and August are the best time to visit. Northern and Central
European Russia: The most varied climate; mildest areas are along
the Baltic coast. Summer sunshine may be nine hours a day, but
winters can be very cold. Siberia: Very cold winters, but summers
can be pleasant, although they tend to be short and wet. There is
considerable seasonal temperature variation. Southern European
Russia: Winter is shorter than in the north. Steppes (in the
southeast) have hot, dry summers and very cold winters. The north
and northeastern Black Sea has mild winters, but heavy rainfall
all the year round.
Economy - overview:
Russia has huge deposits of oil and gas (its major export
earners) as well as coal and minerals including gold, diamonds,
nickel, manganese, copper, iron ore and phosphates. Energy
products and heavy industry (production of vehicles, metal goods,
construction materials and machinery) are the kernel of Russia's
industrial sector. Textiles and chemicals are other important
industries. Overall the economic system remains weak and
infrastructure and transparency poor. Only Russia's vast energy
wealth has managed to override this problem, though the world
financial crisis has re-exposed the fundamental weakness of the
Russian economic system.
Since the devaluation of the Rouble and Russia's calamitous
default on its international debts in 1998, the economy has
undergone a significant recovery with average annual growth of 5%
in the last five years (the figure in 2007 was an incredible
10.9%). The government has got on top of the hyper-inflation that
caused so much damage in the initial stages of the reform process.
At 13% (2008), current inflation is high by recent Western
standards but not unmanageable. Unemployment runs at 6.2% (2008
estimate). Russia hosts a substantial informal or ��?grey' economy
in which between 25 and 40% of the workforce are engaged to some
extent. Russia's economy grew by 6% in 2008.
Economy:
Russia has huge deposits of oil and gas (its major export
earners) as well as coal and minerals including gold, diamonds,
nickel, manganese, copper, iron ore and phosphates. Energy
products and heavy industry (production of vehicles, metal goods,
construction materials and machinery) are the kernel of Russia's
industrial sector. Textiles and chemicals are other important
industries. Overall the economic system remains weak and
infrastructure and transparency poor. Only Russia's vast energy
wealth has managed to override this problem, though the world
financial crisis has re-exposed the fundamental weakness of the
Russian economic system.
Since the devaluation of the Rouble and Russia's calamitous
default on its international debts in 1998, the economy has
undergone a significant recovery with average annual growth of 5%
in the last five years (the figure in 2007 was an incredible
10.9%). The government has got on top of the hyper-inflation that
caused so much damage in the initial stages of the reform process.
At 13% (2008), current inflation is high by recent Western
standards but not unmanageable. Unemployment runs at 6.2% (2008
estimate). Russia hosts a substantial informal or ��?grey' economy
in which between 25 and 40% of the workforce are engaged to some
extent. Russia's economy grew by 6% in 2008.
complete range of mining and
extractive industries producing coal, oil, gas, chemicals, and
metals; all forms of machine building from rolling mills to
high-performance aircraft and space vehicles; 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
Exports:
Petroleum and petroleum products, natural gas, wood and wood
products, chemicals and manufactured goods.
• Main trade partners: Germany, Ukraine, China (PR), Italy and The
Netherlands.
Imports:
Machinery and equipment, consumer goods, medicine, meat and
sugar.
Exchange rates:
Rouble (RUB; symbol ?�?�?�) = 100 kopeks. Notes are in
denominations of ?�?�?�5,000, 1,000, 500, 100, 50 and 10. Coins are
in denominations of ?�?�?�10, 5, 2 and 1, and 50, 10, 5 and 1 kopeks
http://www.worldtravelguide.net/country/236/money/Europe/Russian-Federation.html
GDP :
US$2.23 trillion (2009 estimate).
Useful links:
- Ministries
& Organization
- Trade
Associations & Chamber of Commerce
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