Wednesday, May 18, 2022
Any discussion with the United States over upcoming sanctions against Russia does not make sense since Washington avoids open dialogue on the matter, Russia’s Deputy Prime Minister Arkady Dvorkovich said in a television interview on Thursday, according to Tass news agency. "This is not our choice. We regard them as counterproductive...
The United States delegation at the World Trade Organization (WTO) asked Russia to explain how laws prioritizing the purchase of domestically produced goods can comply with the trade organization’s rules, a filing published on Wednesday reveals. Since the global financial crisis, a series of disputes have arisen over governments telling...
More educated Russians have been leaving the country for economic and political reasons since 2014, a new report published by the Russian Presidential Academy of National Economy and Public Administration (RANEPA) reveals. According to The Moscow Times, researchers at the prestigious state university conducted interviews with Russian emigrants abroad and...
Russian President Vladimir Putin is set to win re-election in March, with analysts predicting the new term would mean more struggling years for the Russian economy, CNN reports. "Expect no significant changes in terms of economic reforms or foreign policy," said Lilit Gevorgyan, an economist at IHS Markit. "Putin's election platform...
Sberbank, one of the largest banks in Russia, has announced a blockchain laboratory to develop and test blockchain-based solutions. The new lab aims to generate product prototypes, perform pilot tests and deploy blockchain-based business solutions for Sberbank Group, a press release said. According to Igor Bulantsev, Sberbank's senior vice president, blockchain...
Russian President Vladimir Putin said that the Russian economy has recovered and is growing. After the recession of 2015 and 2016, the Russian GDP also grew last year, Russia Today reports. “The positive dynamic in the Russian economy goes on. We have a lower than expected budget deficit; our gold and...

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