More than 1.5 million people had sent in their complaints and questions for the "Direct Line with Vladimir Putin" program on Thursday, an annual live call-in show on national television, which Russian President Vladimir Putin used to assure the public that the economy was recovering and salary increases were...
Signals from the U.S. Federal Reserve that it was ready to cut interest rates to support the economy helped the Russian ruble hit a 10-month high on Thursday, according to Reuters.
The currency opened 0.4% stronger at 63.51 to the dollar, its best performance since August 2018, and was unchanged...
Russian Billionaire Roman Abramovich, who received Israeli citizenship last year, will buy a luxury mansion in Herzliya, a spa town on the Mediterranean coast about 15 km from Tel Aviv, local newspaper Calcalist reported citing an anonymous source familiar with the purchase.
According to the source, the price of the 9,000...
Detained American investor Michael Calvey’s private equity fund, Baring Vostok, is no longer the majority shareholder in Vostochny Bank after it has ceded a 9.99% stake in the lender, Reuters reported.
The company, whose founder is under house arrest on embezzlement charges, was ordered by a Russian court to...
Russian Prime Minister Dmitry Medvedev said on Wednesday that the Russian government needs to take more steps this year to accelerate the country's economic growth, TASS news agency reports.
"We need additional measures to warm up the economy somewhat this year," Medvedev said at a meeting with senior government officials,...
A Russian financial institution has been placed on a U.S. sanctions list for allegedly helping North Korea evade financial sanctions, the U.S. Treasury Department said on Wednesday, according to Reuters.
Russian Financial Society has been targeted and accused by U.S. officials of opening multiple bank accounts for Dandong Zhongsheng...
The head of the Russian Export Center's (REC) Andrei Slepnev told state-run news agency TASS that around a thousand delegates from Africa will attend the Russia-Africa economic conference scheduled for this month.
“An open Russia-Africa economic conference will be held as a part of Afreximbank’s agenda. Up to 1,000...
The Russian President’s spokesman, Dmitry Peskov has reacted on a recent statement by Accounts Chamber head and former finance minister Alexei Kudrin, who said that poverty in the country is growing and that it is “a disgrace”, TASS reports.
In an interview over the weekend, Kudrin said that “Poverty...
Companies from Switzerland consider Russia and the Eurasian Economic Union (EAEU) to be important markets with high growth potential, the head of Switzerland’s Department of Foreign Affairs Ignazio Cassis said in an interview with TASS on Wednesday.
Last year Russia was ranked 25th among Switzerland’s trade partners, with trade volume...
Moldova's top diplomat has said that the country’s new coalition government is more united by its desire to improve economic growth and battle corruption than it is divided by its foreign policy views, RFE/RL reports.
However, the recent history of the country's parliamentary majorities doesn't portend well for the coalition's...
