After a record-breaking streak of auctions this year, it appears that bond investors into Russian ruble-denominated OFZ treasury bills have taken a pause, analysts said, according to bne Intellinews.
Cbonds, a Russia-based news agency that tracks bond issues around the world, published a chart this week that shows the number...
Russian billionaire Mikhail Fridman is under official investigation in Spain for corruption, after a court accused him of having helped orchestrate the bankruptcy of Spanish technology company Zed, Reuters reported last week.
The National Court, which deals with major financial cases, summoned Fridman for questioning on September 12, placing him under...
Georgia’s income from Russian tourists was $44.3 million less last month compared to the same period of 2018, after a ban on flights to the Caucasus country was introduced by Russian President Vladimir Putin, Georgia Today reports citing authorities.
“Tourism revenues totaled $375 million in July 2019, $58 million less...
In the first seven months of this year, the amount of capital outflow from Russia increased by 1.6 times to $28 billion, data from the Bank of Russia revealed, according to bne Intellinews.
In January-July last year, the level of capital flight was $17.4 billion in the same period.
Banks' operations,...
Economic growth in Russia picked up to 0.9% in the second quarter of 2019 in year-on-year terms from 0.5% in the first three months of the year, preliminary data by the Federal Statistics Service (Rosstat) revealed on Monday, according to Reuters.
The Russian central bank said in late July it...
Russia’s media watchdog Roskomnadzor said Sunday that YouTube users should not be allowed to post information about unsanctioned political rallies in the country, the Associated Press reported. The agency warned that the Russian government would otherwise retaliate against the video website’s owner, U.S. tech giant Google.
Roskomnadzor communicated the demand after...
Russian Prime Minister Dmitry Medvedev congratulated workers and veterans of the construction sector on their professional holiday, Builder's Day, noting the importance of their work for the implementation of national projects. The telegram was published on Sunday on the government website.
“Today your industry is one of the keys in...
Ziraat Bank, a Turkish state-owned lender, has agreed with the Bank of Russia to cooperate in the use of Russia's National Payment Card (MIR) in Turkey, the Daily Sabah reported.
The National Payment Card System Joint Stock Company (NSPK), a subsidiary of the Russian central bank, began issuing MIR cards...
The Russian ban on imports of Western agricultural products, imposed as a response for EU and U.S. sanctions on the country, continues to hurt Dutch fruit growers, NOS reports.
In June, President Vladimir Putin extended the food import ban to 2020. Fruit growers are now demanding Europe and the U.S....
The Russian Federal Antimonopoly Service (FAS) opened an antitrust investigation into U.S. tech giant Apple for restricting and removing parental control apps from its App Store shortly after the company released its own competing service, TechCrunch reported.
Russia said late Thursday that it would investigate whether Apple had violated Russian...
