House prices in Russia rose by 1.95% during the year to Q1 2019, a sharp improvement from last year’s 1.95% drop and the highest growth since Q4 2012, Global Property Guide reports.
During the latest quarter, house prices in the country increased by 1.6%. Prices on the capital Moscow rose...
Russian financial services firm BCS Global Markets has announced the expansion of its sales team in New York. The company has appointed Kyrill Firshein and Diego Vargas to be responsible for growing its capabilities across fixed income and equities, it said in a statement.
Kyrill Firshein will be joining BCS’s...
As demand for the ruble got a boost from month-end tax payments, the Russian currency firmed slightly on Thursday, pricing in the globally weaker dollar, Reuters reports.
The ruble was 0.2% stronger against the dollar at 62.8 and had gained 0.1% to trade at 70.6 versus the euro at 0735...
Russia's Central Bank head Elvira Nabiullina said recently that the main constraints on Russia's economic development are domestic, putting her at odds with Russian President Vladimir Putin, who in an interview with Italian newspaper Il Corriere Della Sera this month blamed international circumstances including the sanctions, Expert Online writes.
"We...
The growth of Russia’s economy accelerated to 0.7% in June in year-on-year terms after expanding by 0.1% in May, the Russian Economy Ministry said on Thursday, according to Reuters.
In the second quarter of 2019, GDP grew 0.8% after growing by 0.5% in the first three months of the year....
Russia's largest lender, Sberbank, has sued the former owner of the troubled Antipinsky refinery Dmitry Mazurov, accusing him and former head of the refinery Gennady Lisovichenko of large-scale embezzlement, Vedomosti reported this week.
The amount of embezzlement has not been disclosed, but sources in Mazurov’s company, New Stream, told Vedomosti...
The Sixth Forum of the Regions of Belarus and Russia began this week in St. Petersburg, with new tourist routes and cooperation in the field of education among the talking points, Eurasia Expert reports.
Experts, economists and officials of the two countries gather in the Tavrichesky Palace in St. Petersburg...
Russia’s permanent mission to the United Nations Geneva Office is hosting a meeting between Moscow and Washington that will address strategic stability consultations. Deputy Foreign Minister Sergei Ryabkov is heading the Russian delegation, while the U.S. delegation is led by Deputy Secretary of State John Sullivan. The delegation also...
The central banks of the member countries of the Eurasian Economic Union (EAEU) will start coordinating moves that affect the rates of national currencies, the Eurasian Economic Commission told Izvestia.
In order to achieve this, a separate supranational council will be set up that will include the heads of the...
Members of U.S. Congress said this week that under the CAATSA act, Trump has no choice but to sanction its NATO ally Turkey over the purchase of a Russian air-to-defense system, Defense News reports.
After days of silence about whether Turkey will be punished for accepting the Russian-made S-400 system,...
