Russia’s Federal Customs Service announced that it transferred 4.575 trillion rubles ($80 billion) to the Russian federal budget, more than it was previously planned, TASS agency reported.
"The final figure for 2017 - 4.575 trillion rubles ($80bn)," the head of the Customs Service Vladimir Bulavin said, noting that for 2018,...
In line with UN Security Council resolution adopted last December, Russia has started to deport North Korean workers, Moscow’s ambassador to North Korea Alexander Matsegora told Russian journalists in New York.
"Many governors have started to deport Koreans in order to report early implementation ," he said, adding that the...
A U.S. Treasury Department memo obtained by Bloomberg Friday warns that expanding sanctions to new Russian sovereign debt and derivatives could destabilize financial markets and spread beyond Russia.
The document said such sanctions would have “negative spillover effects into global financial markets and businesses.”
The memo is a Treasury response to report sent...
The head of the Bank of Russia, the country’s central bank has said the ongoing bank cleanup in Russia is more than half complete, Reuters reports.
Governor Elvira Nabiullina has spearheaded a defiant regulatory effort since she took the helm in mid-2013. Under her supervision, Russia has lost around a half...
A Russian steelmaking giant that employs over 1,000 people in Canada has seen its major shareholders named on the so-called “Putin list” published by the United States Treasury Department, The National Post reports.
The list presents a who’s who of 114 Russian politicians and 96 oligarchs said to have directly benefitted...
Russia's gross domestic product grew by 1.5 percent in 2017 after contracting by 0.2 percent in 2016, data from the Federal Statistics Service showed on Thursday, Reuters reported.
Analysts polled by Reuters in late December forecast that the Russian economy would grow 1.7 percent in 2017. President Vladimir Putin said...
Almost all of the 96 Russian individuals with a net worth of at least USD 1 billion and who are now listed as “Oligarchs” in the U.S. Treasury Department’s report can be found in the Forbes ranking of the 200 richest businessmen in Russia 2017. The similarity between the...
The Trump administration has released its long-awaited list of Russian politicians and business figures late Monday, Associated Press reported.
The list, required by a law passed by Congress last year to punish Russia for meddling in the 2016 U.S. election, is an attempt to increase pressure on Russian President Vladimir Putin....
The new U.S. sanctions reports expected to be released Monday is an attempt to influence Russia’s presidential election in March, the Kremlin said, according to Reuters. Moscow also predicted the move would fail to impact the vote.
The United States reports will detail the possibilities for expanding sanctions against Russia, including a...
U.S. President Donald Trump faces a major deadline to use the Russia sanctions power that Congress overwhelmingly voted to give him — and lawmakers aren’t sure whether he’ll comply on time after missing the last deadline, Politico reports.
As lawmakers on both sides of the aisle remain keen to get tough...