Friday, June 26, 2026
The owner of Vedomosti, one of Russia’s most prominent business newspapers, media manager Demyan Kudryavtsev and his partners, have found potential buyers for the newspaper Vedomosti, Meduza reports. On Wednesday, the newspaper’s owners signed an agreement expressing their intention to sell, and according to Meduza’s sources, ownership of Vedomosti may...
Under the current macroeconomic indicators, economic growth rates in Russia may decelerate to zero, the head of the country’s Audit Chamber Alexei Kudrin said on Thursday, according to Forbes Russia.  "Economic growth rates will be close to zero this year. Accordingly, values of all other indicators will be lower," he...
The Russian stock market along with the ruble once again sunk deep into the red on Thursday after U.S. President Donald Trump moved to block most travel from Europe to the U.S., The Moscow Times reported. The Russian currency lost 4% against the dollar, slipping back toward 75 against the...
The likelihood of a global economic recession and the aggravation of the influence of coronavirus on the global economy have become factors that foster turbulence around the world, Russian Presidential Spokesperson Dmitry Peskov said on Thursday, according to TASS. "The coronavirus has very deep consequences for the global economy now...
Russian maintenance, repair and overhaul (MRO) holding S7 Technics is the country’s largest aircraft technical services provider. The CEO shared his insight on the industry’s future in an interview with ATO.ru. “Obviously, the airframe maintenance business has come close to saturation, and therefore outstanding growth is unlikely. However, there may...
The head of Russia’s sovereign wealth fund RDIF, Kirill Dmitriev, has pledged to continue developing partnerships with Saudi Arabia despite energy tensions between the two countries, Reuters reported. The high-ranking official made his remarks as Saudi Arabia prepares to increase production to record levels, waging an oil price war against Russia,...
The fall in the value of ruble is sure to bring higher prices of consumer goods, leaving Russians to prepare for higher inflation, the Moscow Times reports. The Bank of Russia was forced to halt planned interest rate cuts, as a period of muted price rises comes to an end. The...
Steep slides on the market mean that the Bank of Russia is set to receive much less from the sale of its stake in Sberbank than expected, and it even may force the regulator to push the deal to next year if oil prices fall too far, senior Russian officials said...
Russian President Vladimir Putin’s unexpectedly visited the State Duma (lower house of parliament) on Tuesday during the second reading of the presidential amendments to the Constitution, Vedomosti reported. Addressing lawmakers, Putin said there would be no snap parliamentary elections and that "resetting" the number of presidential terms to zero was feasible,...
Having both felt the lash of U.S. sanctions, Chinese tech giant Huawei and the Russian government are teaming up in a partnership to play up their resistance to such threats, The Nikkei Asian Review writes. The Kremlin has been trying to insulate the country from having to rely on Western technological infrastructure, but...