European Union leaders agreed last week to name France's Christine Lagarde as the new head of the European Central Bank, and the veteran official got endorsement for the position from the Bank of Russia, TASS news agency reported.
The Russian central bank believes Christine Lagarde, head of the...
Russia’s National Projects, a cornerstone of President Vladimir Putin’s sixth term in office, lack the concentration of resources behind a major transformational goal that characterized similar projects in other countries, while being vague about yardsticks for which to measure the success and actual implementation of the projects, a prominent...
The announced Russian ban on flights to neighboring Georgia has come into effect, as the Caucasus nation normally welcoming a million Russian tourists a year is bracing for crippling losses this summer season, TASS reports.
Aeroflot’s flight SU 1893, which departed from Tbilisi on Monday, has landed at Sheremetyevo Airport,...
Turkey has been stockpiling parts for F-16s and other military equipment in anticipation of a U.S. sanction for acquiring the Russian S-400 air defense system, Bloomberg reported.
Two anonymous officials from Turkey who spoke to the news outlet refused to clarify on what types of spares were accumulated, how much...
Russia plans to add two MC-21 planes to its existing fleet of test aircraft, defying production hurdles created by the United States, whose sanctions had cut off access to a variety of supplies that were essential to the project, RT reports.
One of the airliners under construction is allocated for...
Russia’s Foreign Ministry has called on Washington to recollect imposing its own sanctions instead of condemning the measures taken by Russia against Georgia, the ministry wrote on Facebook on Saturday, TASS reports.
"US Charge d’Affaires in Georgia Elizabeth Rood said the other day that the measures that Russia had taken...
Equity markets in Russia and Eastern Europe have pulled well ahead of the field in recent weeks, amid solid gains in the sector globally, Seeking Alpha writes.
The top performer through Wednesday was the Central and Eastern Europe Fund (CEE), which is up a blistering 25.4% so far this year....
The Russian and Italian leaders jointly spoke out against EU sanctions on Moscow in Rome on Thursday, as Italy's populist government seeks allies on the world stage to counter French and German power in Europe, EUObserver writes.
"We have confirmed the excellent state of our bilateral relations," Italian Prime Minister...
Chinese tech giant Huawei has entered the five bestselling smartphones brands in Russia for the first half of this year, according to Avito, one of the largest classified information portal in Russia. Huawei has secured the fourth place, moving up two places, the report said.
Huawei smartphones in Russia accounted for...
New cars sales in Russia fell 3.3% year on year in June to 151,180 units, the Association of European Businesses (AEB) said on Thursday.
“It is clear that market growth in the full year of 2019 is not a realistic scenario anymore,” Joerg Schreiber, Chairman of the AEB Automobile Manufacturers...
