The World Bank said in its latest forecast Wednesday that the Russian economy is expected to grow by 1.6% in 2020 and by 1.8% in 2021, slightly less than the multilateral development bank previously expected, The Moscow Times reports.
The report puts the growth of Russia’s GDP this year at...
Russian tech giant Yandex is looking into the possibility of entering the country’s mobile market with its own virtual operator project (MVNO), two market sources told Kommersant.
According to the business newspaper, in addition to communications, the company may offer access to its other services, including music and video streaming....
The Russian ruble performed the best among the 15 emerging market currencies in 2019, appreciating on average by +11.6% against the other currencies in the basket, the latest edition of the Moodie Davitt SPEND Index has shown.
The Thai Baht was second with a +8.0% increase. Both the Russian Ruble...
Russia will have an increasingly difficult job to maintain the balance of power between its partners in the Middle East, but has no intention of losing its hard-won reputation as the key power-broker in the region, analysts told Forbes.
If the U.S.-Iran conflict escalates, one of the most far-reaching effects...
A senior U.S. official warned this week that the United States will “take action in response to growing Russian support for Venezuelan President Nicolas Maduro,” S&P Global Platts reported.
“We are looking at additional sanctions, personal sanctions, economic sanctions that we think will bring more pressure,” Elliot Abrams, the State...
Family businesses in Germany love to be active in Russia, a new study has shown, according to DW.
Representatives of such businesses said they prefer Russia over all the big emerging markets because the country provides the most favorable labor market and investment conditions.
Despite current political tensions and frequent concerns...
North Korean-themed eating places in Russia remained open on New Year’s Day, indicating that lots of the workers staffing the eating places weren’t repatriated by the Dec. 22 deadline below U.N. sanctions, RFA has discovered.
“The North Korean eating places right here in Vladivostok have been nonetheless open on New...
German Chancellor Angela Merkel will arrive in Russia on a working visit on January 11 on the invitation of Russian President Vladimir Putin, the Kremlin’s press office reported on Monday, TASS informs.
"During the talks, the sides intend to discuss essential issues of the international agenda, including the situation in...
The Asian Development Bank (ADB) and RG Brands (RGB), a leading food and beverage group in Kazakhstan, signed a $20 million loan to modernize operations along the company’s regional distribution chain. The assistance will improve the livelihoods of shopkeepers and support women’s empowerment in Kazakhstan and in neighboring the...
