Saturday, July 5, 2025
Relations between Russia and the United States are in such a deep crisis that even a visit by Russian Foreign Minister Sergei Lavrov was unlikely to turn the tide, said spokesman for the Russian President Dmitry Peskov, Kommersant reported. At the same time, he noted that Russia positively perceives the...
President of Russia, Vladimir Putin signed a law that introduces from January 1, 2020 a tax on self-employed in 19 donor regions and regions with cities with over one million people. The document was posted on Sunday on the official portal of legal information, TASS reported. The law extends the...
The Bank of Russia lowered the key rate by one step, to 6.25% per annum, and announced its readiness to reduce it further in the first half of 2020. Although the Central Bank's application form has not changed, its design has changed: the regulator acknowledged that the inflation path...
Moscow will honor the United Nations resolution on extraditing North Korean workers, who will leave Russian soil by the end of this year, Director of the Russian Foreign Ministry’s Department for International Organizations Pyotr Ilyichev told reporters on Friday, TASS informs. "We are complying with all resolutions on schedule," Ilyichev...
The EU policy of sanctions towards Russia continues to damage the EU economy, Russian Deputy Foreign Minister Alexander Grushko told reporters on Friday, TASS reported. "They extend every six months. Frankly speaking, we did not expect anything different. They continue to damage their own economy," Grushko said, commenting on...
The widespread belief that young people are careless with their finances has proven to be a myth, as many young Russians are embracing saving as the country’s economy continues to struggle, Izvestia reports citing a survey by Sberbank Asset Management and Sberbank Life Insurance. About half of working Russians under...
Russia’s national air carrier Aeroflot Group has said it plans to increase the fleet of its wholly-owned subsidiary, Pobeda Airlines, to 80-85 airliners in 2023, Kommersant reports.  The group’s plans for the company include raising passenger traffic to 25-30 million people, and if this strategy is carried out, the low-cost...
The U.S. Treasury Department on Friday delisted three Russian companies sanctioned over their association with a known cybercriminal, due to an apparent case of mistaken identity, Meduza reports. The companies -- Vertikal, OOO, Yunikom, OOO and TSAO, OOO -- had been sanctioned for their association with Denis Igorevich Gusev, a...
The Bank of Russia cut its key interest rate to 6.25 percent on Friday as inflation continued to slow, and said it would consider further reductions in the first half of 2020, Reuters reports. "Inflation slowdown is overshooting the forecast," the bank said in a statement. "If the situation develops...
Russian billionaire Dmitry Rybolovlev has lost a case in Monaco against a top art dealer he accused of defrauding him out of hundreds of millions of dollars, his lawyers said on Thursday, according to The New York Times. Rybolovlev, who owns football club AS Monaco, accused Swiss dealer Yves Bouvier...