Monday, June 29, 2026
The Indonesia-Russia Business Forum held in Moscow on Thursday has yielded 13 memoranda of understanding (MoU) between companies of both countries, Rambler reports. Several government officials including Indonesian Ambassador to Russia and Belarus Wahid Supriyadi, Yogyakarta Governor Sultan Hamengkubuwono X, Central Java Governor Ganjar Pranowo, and Russian Deputy Minister of...
The United States has imposed fresh sanctions on Russia over the 2018 poisoning of former double agent Sergei Skripal, an attack which took place in the United Kingdom, Forbes reported. Washington will oppose "the extension of any loan or financial or technical assistance to Russia" by financial institutions and put...
The International Monetary Fund (IMF) has left its Russian GDP growth outlook for 2019 unchanged at 1.2%, the Fund said in a report on Friday, according to TASS news agency. Last month the IMF downgraded its outlook on Russia’s economic growth from 1.4% to 1.2% over poor Q1 results due...
At an extraordinary meeting on Thursday, shareholders of aluminum holding Rusal approved re-registration of the company from Jersey to Russia’s “domestic offshore” of Oktyabrsky Island, the company announced on the Hong Kong Stock Exchange on Friday, according to TASS. As part of this decision, the shareholders approved amendments to the...
World central banks acquired a record 374.1 tons of gold in the first half of 2019, the World Gold Council (WGC) reported on Thursday. Global gold demand rose 8% to 1,123 tons in the second quarter, and in the first half of the year, it reached 2,181.7 tons, the highest...
VTB Bank is changing the terms of mortgage loans and reduces interest rates by an average of 0.5 percentage points (pp), starting August 1, Vedomosti reported, citing the bank’s press service. The minimum mortgage rate of 9.2% is provided by the program “More meters - lower rate”. Refinancing the existing...
Nearly three decades after the collapse of communism, most Russians dream of working in a giant state-run company like Gazprom, Bloomberg writes citing a survey by the Russian Public Opinion Research Center (VTsIOM). 40% of citizens surveyed identified the government-controlled natural gas export monopoly as their preferred employer in a...
Ukrainian state energy company Naftogaz is suing Russia at the Hague Tribunal with a request to oblige the Russian Federation to pay $5.2 billion in compensation for losses inflicted following the seizure of the company’s assets in Crimea, RFE/RL reported.  “At the end of June, NJSC Naftogaz of Ukraine and...
The former chairman of the board of Russia’s Togliattikhimbank, Alexander Popov, who is charged with embezzling $5 million in supposed tax payments, is to remain in pre-trial detention until November 1, legal information website RAPSI reported.  Mikhail Tumanov, a senior investigator in Russia’s Investigative Committee, told the news outlet that...
Russia’s biggest bank, Sberbank, has invested 3% of its net profit in the development of the non-banking ecosystem in the past three years, its first deputy chairman, Lev Khasis, told reporters on Thursday, according to Interfax. “We are very careful in spending the money of our shareholders on such initiatives....