Tuesday, July 8, 2025
Ukraine's fifth President Petro Poroshenko said that he was not afraid of possible imprisonment since earlier several attempts had already been made to bring him to justice, TASS reported. “I’m not afraid of anyone or anything, my political force is not afraid of anyone. I’ve been in opposition for many...
Russia's foreign trade surplus continues to shrink rapidly. In January-August 2019, in annual terms, it decreased by 8.7% to $100.8 billion, while in the first half of the year the rate of decline was only 3.4%, according to preliminary data from the Central Bank. The reason is a decrease in...
Citibank analysts are confident that in the next year or two exchange quotations of gold will update the historical maximum and reach two thousand dollars per ounce - this is a third more than now. RIA Novosti reports why precious metal is getting more expensive and how citizens can earn...
Ivi.ru, Russia’s largest online video platform in terms of revenue, has attracted $40 million from a group of top Russian and foreign investors. The transaction, announced in June, has just been completed, RBC reported earlier this last month, citing exchanges with the company and one of the investors involved. “This...
Following the unveiling of its first two stores at Vnukovo and Platov International Airports, Russia’s RegStaer Group has vowed to open as many arrivals duty-free shops as possible in the country, TRBusiness reports.  In January, travel retailers were finally given the green light to operate arrivals duty-free shops in Russia...
Investors interested in buying Russian stocks, who were once limited to the big gun institutional investors, can now do it easy and cheap by the advent of exchange-traded funds (ETFs), The Moscow Times reported.  According to the report, in the old days, investors had to set up a brokerage account and...
Russia’s TV ad market will continue to lose out to the internet in the long term despite making a recovery in the second half of this year, Kommersant reported citing data by the Association of Communication Agencies of Russia (AKAR).  The industry group’s data shows that TV ad spending in...
The Russian government is ready to keep offering corporate privileges to state-owned companies under sanctions until 2021, Kommersant reports citing sources.  According to the business newspaper, such companies currently do not pay income tax when selling shares of their subsidiaries. The tax break applies to many state-owned companies, including Rostec...
Russia’s business ombudsman Boris Titov proposes to set a special expert group to assess judges’ decisions and rulings and create а so-called blacklist of Russian judges, he wrote on his Facebook page. “Illegality of judgments may be proven only through legal proceedings but we must point at obvious gaps in...
Russia’s finance minister Anton Siluanov is predicting that the economic bloc of countries known as BRICS (Brazil, Russia, India, China, and South Africa) will assume more than half of the world's economy in ten years, RT reported. "The economy of the BRICS countries today occupies one third of the world economy....