The Russian economy is very likely to experience monthly deflation in August, but consumer prices will be up 4.4-4.5% in year-on-year terms, the economy ministry said on Wednesday, according to Reuters.
Deflation may come at 0.2-0.0% due to falling prices for vegetables and fruit, the ministry said.
Annual inflation in Russia...
United States National Security Adviser John Bolton said on Tuesday that Russia and China need to withdraw what he called their "intolerable" support for Venezuelan President Nicolas Maduro, DW reports.
As Washington steps up pressure on the Latin American leader to step down, dozens of country representatives gathered in the...
The volume of investments between Qatar and Russia has reached a value of $13 billion, with Qatar owning 19 percent of the shares in Russia’s oil giant Rosneft, Gulf Times reported citing a Qatari official.
The statement by Rashid bin Majid Awad Al Suwaidi, First Secretary at Qatar’s Embassy to Russia, came...
The deputy chief executive for customer relations at Russia’s Aeroflot, Vadim Zingman, has left the company, a source close to the national air carrier has said, according to RIA Novosti.
Zingman was the second most influential person at Russia’s largest airline, after Aeroflot’s chief executive Vitaly Savelyev. The source has...
Russia will support the candidacy of Bulgaria's Kristalina Georgieva for the post of managing director of the International Monetary Fund (IMF), Vestnik Kavkaza reported citing a statement on the Ministry of Finance’s website.
For the first time in the 75-year history of the fund, it may be headed by a representative...
U.S. Ambassador to Russia Jon Huntsman Jr. is ending his two-year stint in the country after sending his resignation letter to President Donald Trump, Business Insider reports.
Huntsman thanked the president for "the trust you have placed in me as the United States ambassador to Russia during this historically difficult...
More than two thirds of Russians were quite confident about the security of their employment, while 20% feared losing their jobs, а recent study by the Gaidar Institute for Economic Policy revealed, according to TASS.
The study, conducted in 2018, was released by the experts from the institute and the Russian Presidential Academy...
The value of imported food in Russia has reduced by 31.2% in the five years since President Vladimir Putin imposed a ban on western imports as a response to U.S. and EU sanctions, RIA Novosti reported.
Russian food imports have dropped from $43.3 billion in 2013 to $29.8 billion in...
Тhe International Monetary Fund (IMF) says in its latest report on Russia that low oil prices have had a more serious impact on the country’s economy than sanctions, Gazeta.ru reports.
Western sanctions imposed on Russia slowed the growth of the Russian economy by an average of 0.2 percentage points per...
A court in Moscow has upheld the seizure of $6.6 million belonging to former Russian minister of open government, Mikhail Abyzov, who is charged with embezzlement, TASS reported citing Abyzov’s lawyer, Sergey Drozda.
In early April, the Basmanny court seized the money of the accused on current accounts, along with...
