Russian President Vladimir Putin said on Monday that his country has managed to offset $50 billion in losses caused by Western economic sanctions since 2014, RBC reports.
“According to various estimates, we have lost 50 billion dollars, but we have earned the same amount,” Putin said in a multiple-episode interview...
The percentage of cashless payments in Russia reached 50% in January 2019, marking the first time such a figure was ever reached, Izvestya reports citing data provided by Taxcom, one of the country’s largest cash register operators, which analyzed 11 billion cash register receipts.
While in 2017, 40% of Russians...
Russia's Minister of Industry and Trade Denis Manturov announced on 13 November that Hungary will receive the first samples of Russia's coronavirus vaccine Sputnik V later this month, Sputnik reported.
Hungarian Foreign Minister Peter Szijjarto announced on Friday that Hungarian experts will be allowed to visit production sites for Russia's...
Belarus and Ukraine owe Russia close to 11.2 billion and the two countries are the largest debtors to Russia in terms of financial and export loans, Expres.by reported.
As of June 1, Russia’s biggest individual debtor was Belarus with $7.55 billion. Recent data from the Bank of Russia suggest that...
Russia's Audit Chamber, recently headed by heavyweight policymaker Alexei Kudrin, is demanding a broader mandate to fight corruption, to position itself as a know-how centre and the go-to anti-corruption institution in the country, Kudrin has said, according to Rossiyskaya Gazeta.
Analysts were disappointed when Kudrin accepted the job as head...
U.S. Senators are due to vote next week on a bill that would slap sanctions on companies and individuals involved in building the Nord Stream 2 natural gas pipeline from Russia to Germany, Reuters reported.
Washington says the $12 billion pipeline project, led by Russia’s state-run gas giant Gazprom, would...
There are all grounds to believe that Russia can lift most coronavirus restrictions and enter a "new post-COVID time" ahead of many countries around the world, Russian Federation Council (upper house of parliament) Speaker Valentina Matviyenko noted in her article dedicated to development of the Russian healthcare system published...
The Trump administration’s decision to close the Russian consulate in Seattle will cause a lot of frustration and uncertainty for thousands of Russian immigrants in the United States, The Seattle Times reports.
Even before the news of the consulate shutdown, getting a passport renewed was an ordeal that took months. Now,...
Uncertainty about future limitations as a result of COVID-19 has resulted in a significant decrease in demand for restaurant franchises. Only 6% of prospective franchisees were interested in such ventures at the end of September 2021, compared to 10-11% in 2019. Restaurant owners were cautious about selling franchises to...
Washington will never remove sanctions on Moscow because this is what its policies have been based on for years, Russian Prime Minister Dmitry Medvedev said while answering questions from users of the VKontakte social network on Friday.
"I can tell you frankly: they will never remove sanctions on Russia because...
