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Andrei Klepach
Andrei Nikolayevich Klepach (; born March 4, 1959) is a Russian statesman. He has the federal state civilian service rank of 1st class Active State Councillor of the Russian Federation. In July 2014, he assumed the post of a chief economist of Vnesheconombank. Political activity Prior to this Klepach was a deputy economics minister of Russia, and since 2004 the director of macroeconomic forecasting department of the Ministry of Economic Development and Trade of the Russian Federation. In that capacity, he dealt with the analysis and forecasting model inflation in the Russian economy, the financial situation of enterprises and industries, enterprises and the non-payment ratio of supply and demand money Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: m ..., market surveys of indust ...
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Elvira Nabiullina
Elvira Sakhipzadovna Nabiullina (born 29 October 1963) is a Russian economist and current governor of the Central Bank of Russia. She was President Vladimir Putin's economic adviser from May 2012 to June 2013 after serving as the minister of economic development from September 2007 to May 2012. As of 2019, she was listed as the 53rd most powerful woman in the world by ''Forbes''. She has the federal state civilian service rank of 1st class Active State Councillor of the Russian Federation. Early life and education Nabiullina was born in Ufa, Bashkir ASSR, on 29 October 1963 into an ethnic Tatar family. Her father, Sakhipzada Saitzadayevich, was a driver, while her mother, Zuleikha Khamatnurovna, was a factory manager. Nabiullina graduated from school No. 31 of Ufa, followed by the Moscow State University Faculty of Economics in 1986. In subsequent years, she was selected for the 2007 Yale World Fellows program. Career Between 1991 and 1994, Nabiullina worked at the USSR Scie ...
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Moscow
Moscow is the Capital city, capital and List of cities and towns in Russia by population, largest city of Russia, standing on the Moskva (river), Moskva River in Central Russia. It has a population estimated at over 13 million residents within the city limits, over 19.1 million residents in the urban area, and over 21.5 million residents in Moscow metropolitan area, its metropolitan area. The city covers an area of , while the urban area covers , and the metropolitan area covers over . Moscow is among the world's List of largest cities, largest cities, being the List of European cities by population within city limits, most populous city entirely in Europe, the largest List of urban areas in Europe, urban and List of metropolitan areas in Europe, metropolitan area in Europe, and the largest city by land area on the European continent. First documented in 1147, Moscow became the capital of the Grand Principality of Moscow, which led the unification of the Russian lan ...
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ...
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Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ...
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1st Class Active State Councillor Of The Russian Federation
70px, Shoulder's rank 1st class Active State Councillor of the Russian Federation () is the highest federal state civilian service rank of Russia. The rank of the 1st class Active State Councillor of the Russian Federation was first introduced with enactment of the Federal Law of 31 July 1995 No.119-FZ "About fundamentals of state service of Russian Federation" (as qualification class) and was retained with enactment of the Federal Law of 27 July 2004 No.79-FZ "About state civilian service of Russian Federation" (as state civilian service rank). The rank is assigned by the President of Russia. This rank is one step above the rank of 2nd class Active State Councillor of the Russian Federation. According to the Table approved by the Presidential Decree of 1 February 2005 No.113, the rank of the 1st class Active State Councillor of the Russian Federation is equal to the military rank of the Army general/Fleet admiral An admiral of the fleet or shortened to fleet admiral is a ...
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President Of Russia
The president of Russia, officially the president of the Russian Federation (), is the executive head of state of Russia. The president is the chair of the State Council (Russia), Federal State Council and the President of Russia#Commander-in-chief, supreme commander-in-chief of the Russian Armed Forces. It is the highest office in Russia. The modern incarnation of the office emerged from the president of the Russian Soviet Federative Socialist Republic (RSFSR). In 1991, Boris Yeltsin was elected president of the RSFSR, becoming the first non-Communist Party member to be elected into a major Soviet political role. He played a crucial role in the dissolution of the Soviet Union which saw the transformation of the RSFSR into the Russian Federation. Following a series of scandals and doubts about his leadership, violence erupted across Moscow in the 1993 Russian constitutional crisis. As a result, a new constitution was implemented and the 1993 Russian Constitution remains in force ...
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Vnesheconombank (Russia)
VEB.RF, or VEB (), is a Russian state development corporation and investment company. It was the Russian successor entity of the Foreign Trade Bank of the USSR, renamed Vnesheconombank in 1988 and dismantled in 1991. VEB (for Vnesheconombank) was re-organized in 2007 as a development institute, and rebranded as VEB.RF in 2018. It has financed more than 300 projects. History Initial legacy of the Soviet Vnesheconombank In 1988, the Foreign Trade Bank of the USSR was renamed Vnesheconombank of the USSR ("Bank for Foreign Economic Affairs of the USSR"). With the dissolution of the Soviet Union The Soviet Union was formally dissolved as a sovereign state and subject of international law on 26 December 1991 by Declaration No. 142-N of the Soviet of the Republics of the Supreme Soviet of the Soviet Union. Declaration No. 142-Н of ... in 1991, the operations of the Soviet Vnesheconombank outside of the RSFSR were nationalized by the respective post-Soviet States. On 17 Dece ...
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Macroeconomic
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output/ GDP (gross domestic product) and national income, unemployment (including unemployment rates), price indices and inflation, consumption, saving, investment, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or demand are to blame for price increases in the oil and automotive sectors. From introductory classes in "principles of economics" through doctora ...
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Russian Federation
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ...
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Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. Changes in inflation are widely attributed to fluctuations in Real versus nominal value (economics), real demand for goods and services (also known as demand shocks, including changes in fiscal policy, fiscal or monetary policy), changes in available supplies such as during energy crisis, energy crises (also known as supply shocks), or changes in inflation expectations, which may be self-fulfilling. Moderat ...
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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ...
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1951 Births
Events January * January 4 – Korean War: Third Battle of Seoul – Chinese and North Korean forces capture Seoul for the second time (having lost the Second Battle of Seoul in September 1950). * January 9 – The Government of the United Kingdom announces abandonment of the Tanganyika groundnut scheme for the cultivation of peanuts in the Tanganyika Territory, with the writing off of £36.5M debt. * January 11 – In the U.S., a top secret report is delivered to U.S. President Truman by his National Security Resources Board, urging Truman to expand the Korean War by launching "a global offensive against communism" with sustained bombing of Red China and diplomatic moves to establish "moral justification" for a U.S. nuclear attack on the Soviet Union. The report will not not be declassified until 1978. * January 15 – In a criminal court in West Germany, Ilse Koch, The "Witch of Buchenwald", wife of the commandant of the Buchenwald concentration camp, is sentenced to li ...
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