The Kremlin’s main accomplishment of 2019 is reversing the negative trend of Russians’ falling living standards, presidential Spokesman Dmitry Peskov said on Tuesday, according to Kommersant.
"For objective reasons, Russians’ living standards were either stagnating or falling. This negative trend was observed over the past three or four years," he...
Despite a rise in new business, the growth of activity in Russia’s service sector was at a four-month low in December, according to the latest report on the Markit purchasing managers index (PMI).
The index’s headline figure is still above the 50 mark that separates growth in activity from contraction...
The Russian Federal Anti-monopoly Service (FAS) has launched a probe into U.S.-based hotel reservation website Booking.com, the watchdog said on Monday, according to Engadget.
The FAS had discovered that Booking.com had made requests to hotels and hostels in the Russian Federation to offer identical prices on rival reservation sites like the...
The wealth of Russia’s richest people this year surged 21 percent, or by $51 billion, according to an index of the world’s richest 500 billionaires compiled by Bloomberg.
A rebound in the value of “emerging-market assets from currencies to stocks and bonds” following “big losses a year earlier” were the reasons...
Moscow has been so warm this December that the government has resorted to sending trucks filled with artificial snow to decorate a New Year’s display in the city center, the Moscow Times writes.
City authorities delivered the snow for a snowboarding hill, with observers noting the irony of bringing snow...
Iran’s leadership has invited neighboring countries to participate in the following joint naval exercises of the republic, Russia and China, said the commander of the Iranian Navy, Hossein Hanshind, Mehr reports.
According to him, all maritime countries of the West Asian and South Asian regions should work collectively to ensure...
Russian President Vladimir Putin signed a law obliging payment system operators to inform individual customers of the blocking of funds in their accounts and its reasons directly on the day of blocking, the corresponding document is published on the official Internet portal of legal information, RIA Novosti reports.
The document...
As part of the Russian government’s ambitious plan to develop infrastructure along the Northern Sea Route, four airports in Russia’s Arctic will be upgraded before 2024, Neftegaz.ru reported.
Two of the airports slated for renovation are in Chukotka, one is in Yakutia, while the fourth is in the Nenets Region,...
The Russian ruble headed towards its strongest levels since 2018 in light trade on Friday, while the benchmark MOEX stock index, supported by higher oil prices, was near an all-time high, Reuters reported.
The Russian currency was 0.4% stronger against the dollar at 0811 GMT (61.96), close to the 61.51...
