A wealthy Russian couple living in North Carolina is facing multiple charges including money laundering after they were arrested by FBI agents in a raid on their $5 million home in Raleigh earlier this month, RBC reported.
During a federal court appearance on Dec. 6, Leonid Teyf was charged with money...
Russia could be stripped of its high rating and positive outlook by rating agency Fitch next year if the United States imposes sanctions designed to punish buying of Russian government debt, Reuters reports.
The proposed sanctions, already under consideration in Washington, would effectively prevent U.S. and other big foreign investors from...
Russia increased its investment in U.S. government securities to $14.629 billion in October. In September, the figure reached was $14.4 billion, according to data published by the U.S. Department of the Treasury, Rosbalt.ru reports.
The first place is occupied by China, which invested $1.138 trillion in U.S. bonds, followed by...
The Bank of Russia has published a new report on its monetary policy, highlighting the regulator’s need to contain inflation and preserve the financial market’s stability, Izvestya reports.
Among factors which could contribute to rising prices would be increasing the VAT (value added tax) rate starting from January 1, 2019...
Russia’s First Deputy Prime Minister Anton Siluanov has signed a directive requesting state-run companies move to locally-produced software by 2021, RBC reported on Monday.
Siluanov’s spokesman Andrei Lavrov confirmed that the directive requesting Russian companies switch over to local software was signed, the newspaper said.
The new instruction obliges government-run companies to...
As a new Russian tax regime kicks in next year and oil prices decline, the Russian Finance Ministry said on Monday that the country’s oil export duty CL-EXPDTY-RU is expected to fall by around 34 percent in January from December to $89 per ton, Reuters reports.
The level of the duty...
Russian billionaire Mikhail Prokhorov, who owns U.S. basketball team Brooklyn Nets, is once again investing in New York real estate, this time a $1.5 billion commercial and residential development around Nassau Coliseum, Nets Daily reports.
The project is likely to be approved Monday, the news outlet wrote. Nassau County legislators...
U.S. aircraft manufacturer Boeing is looking for more help from a Russian cargo airline to deliver engines for its 787 Dreamliner jets, Avweb reports.
Russia-based Volga-Dnepr Airlines, the world’s largest carrier of outsize cargo, has asked the U.S. Department of Transportation for an emergency exemption that would let it transport General Electric...
Russia has refused a request from Belarus for compensation for Moscow’s tax maneuver in the oil sector, the First Deputy Prime Minister of Belarus Igor Lyashenko has said, according to Reuters.
Lyashenko previously said Belarus expects the compensation claim to amount to around $310 million in 2019, according to TASS.
Minsk would...
A delegation of Russian businessmen will attend the 2019 Davos forum in January, after the organizers of the elite event lifted a ban on some Russian oligarchs they said they were imposing in November, RIA Novosti reports citing a government official.
“The restrictions have been lifted. The level of the...
