Monday, September 20, 2021
Companies in the Moscow food sector and producers of agro-industrial equipment see tremendous opportunity in advertising their goods in Latin American markets, RIA reports. Representatives of the capital industry discussed the development of cooperation and, in particular, the prospects for increasing Russian exports to the region with their Latin American...
Following the recent coup in Geneva, global aluminum prices have risen and now surpass $3,000 per tonne on the London Metal Exchange for the first time since July 2008. According to experts, excessive costs endanger both sectors and consumers, according to Rossiyskaya Gazeta. Aluminum prices have increased by 40% since...
In the acute phase of the pandemic of the new coronavirus infection, the Russian government has shown itself as a whole on a positive side, Russian President Vladimir Putin said at a "United Russia" conference, local media reported. Many things could have certainly been done better, more efficiently and more...
For the first time since 2016, the ruble reached the top 20 most popular global currencies in July, accounting for 0.18 percent of foreign settlements, according to RIA  Novosti, using statistics from the SWIFT interbank transfer system. The Russian national currency is again ranked last, as it was five...
The monthly rise in prices for non-food products slowed down in August, the Central Bank of Russia stated, noting that the trend does not apply to oil products, Russian media informed. Annual inflation rose to 6.68%, as well as annual and monthly indicators of stable price dynamics. The decline in...
For the first time, the Russian Ministry of Finance, the Bank of Russia, and market players developed a plan for the growth of the financial market until 2030, according to Deputy Finance Minister Alexey Moiseev during a news conference, TASS reports. "For the first time in Russia, we are developing...
Since September 1, the international payment system (MPS) Visa has significantly lowered the interchange (the fee paid by the acquiring bank to the issuing bank when paying with a credit card) for fast food in Russia, Kommersant writes. Previously, the fee for most cards was 0.95 percent, and for...
According to preliminary data, the federal budget surplus reached 934.432 billion rubles in January-August, against 890.298 billion rubles in January-July, the Russian Ministry of Finance said in a statement. Budget revenues for eight months amounted to 15.69 trillion rubles. (83.6% of the volume of revenues approved by the law "On...
The Central Bank of Russia has raised interest rates to 6.75 percent in its continuing fight to contain rising inflation, which threatens to damage the country's economic recovery in the aftermath of the coronavirus epidemic, Moscow Times writes. Following a meeting of its rate-setting committee on Friday, the bank announced...
According to Vedomosti, Deputy Health Minister Oleg Salagay said during a news conference on World Sobriety Day that Russia is not the most drinking nation in the world, and that alcohol use among Russians is declining, Vedomosti writes. "The claim that our nation is the most alcoholic or sort of highly...

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