Washington is trying to stonewall the United Nations’ work not only by creating visa hurdles for delegations’ members but also by ignoring its commitments on contributions to the organization’s budget, the Russian Foreign Ministry said on Sunday, TASS reported.
"It’s necessary to note that the United States has been a...
President Vladimir Putin said Russia has “very friendly personal relations” with Saudi Crown Prince and de facto ruler Mohammed bin Salman, Reuters reported.
Putin was speaking in an interview with Arab broadcasters, including Saudi-owned Al Arabiya TV, ahead of his first visit to Saudi Arabia in over a decade.
Putin also...
Russia’s second-largest lender, VTB, is betting on digital transformation and aggressive retail growth as the keys to success for the bank, its chairman Andrei Kostin told Euromoney in an interview on Friday.
As recently as 2014, the high-profile executive – known in the West for his alleged proximity to the...
Kazakhstan’s President Kassym-Jomart Tokayev highlighted the need for the removal of trade barriers to boost multilateral economic cooperation within the Commonwealth of Independent States (CIS), the Kazakh president’s press service reported following Tokayev’s speech at a session of the Council of the CIS Heads of State in Ashgabat on...
Additional financing to solve the most pressing acute problems in 10 Russian regions with a low level of socio-economic development will in preliminary estimates amount to 100 billion rubles ($1.5 million) over 5 years, Deputy Prime Minister Vitaly Mutko told reporters on Thursday.
"Today, all federal departments have been...
The Russian Direct Investment Fund (RDIF) plans to implement 25 new projects worth $10 billion with Saudi companies, RDIF CEO Kirill Dmitriev revealed at a briefing on Thursday, according to Reuters.
"We are working now on 25 new projects worth $10 billion. We have a focus on artificial intelligence; we...
The Russian government’s Analytical Center expects the country’s taxi market to grow by 5.6% to 709 billion rubles ($11 billion) in 2019, RBC reports.
The study also estimates the illegal taxi market in Russia grew by 6.3% compared to 2018, to about 100 billion rubles ($1.56 billion). In some...
The Belarusian economy will lose around $400 million in 2020 due to Russia's tax maneuver, the country’s Finance Minister Maksim Yermolovich said on Thursday, according to Interfax.
" will reach $800 million over two years: $400 million this year, and $400 million the next year," Yermolovich told reporters.
The Finance Ministry...
Russian mobile major MTS has no firm agreements on the possible sale of its Ukrainian unit, after a report said Azerbaijan’s Bakcell was seeking approval from the Ukrainian authorities to buy it, Reuters reported on Thursday citing a statement from the company.
“MTS is considering various possibilities for the development...
The World Economic Forum (WEF) said on Wednesday that Russia remains in 43rd place in this year’s edition of the influential Global Competitiveness Index, Regnum reports.
Researchers said Russia scored highly on factors relating to technology, higher education and the adoption of digital products by consumers, but was held back...
