The Russian National Guard’s purchase of hundreds of armored vehicles and natural gas cars from firms controlled by the sanctioned oligarch Oleg Deripaska will be subsidized by the government, according to a new decree, Lenta.ru reports.
Deripaska was named in a list of sweeping U.S. sanctions against major Russian businessmen and structures...
Russians are generally satisfied with their lives, but they find the economic situation in the country disturbing their comfort, a recent poll conducted by the Russian Public Opinion Research Center shows, according to Izvestya.
The survey has shown that 58% of the respondents are satisfied with their lives, while 21% said they...
Despite a typhoon rumbling outside the Hong Kong the Grand Hyatt hotel this September, guests inside were treated to a glamourous event – the ballroom for the annual Hong Kong Tatler Ball was arranged by a Russian production house, Jagoda, leaving a strong impression on everyone, The Hong Kong Tatler...
Members of the U.S.-Russia Business Council (USRBC) will discuss problems and perspectives of business ties between the two countries at the group’s annual meeting, which began in New York on Thursday, TASS news agency reports.
According to organizers, the agenda of the event, titled "Commercial Priorities in a Time of Complex...
The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank guarantee on blockchain, Russian business newspaper Kommersant reported.
According to the paper, the bank guarantee was issued to conduct a trade finance transaction involving four parties, Raiffeisen, Gazprom Neft, Belarusian firm Mozyr...
The Russian currency gained value in early trade on Thursday while government bond prices rallied as oil prices rose and fears of more imminent U.S. sanctions faded.
Having posted its biggest one-day gain in three months on Wednesday, the rouble was up 0.6 percent to 66.62 against the dollar as...
Developers from Russia will provide support for the development of Iran’s crypto-economy, BTC Wire reports. The cooperation is part of an agreement between Iran Blockchain Labs (IBL) and Russian Association of Crypto Industry and Blockchain (RACIB), both subjected to western sanctions.
The innovation hub resulting from the deal is created...
The United States and the European Commission are discussing the possibility of imposing sanctions on Russian ports in the Sea of Azov, as well as in the Black Sea region, Ukraine's Infrastructure Minister Volodymyr Omelyan has said, according to Unian.
Since earlier this year, Russia has increased its military presence...
The United States Congress is not expected to pass legislation ordering new U.S. sanctions on Russia before the end of the year, as lawmakers focus instead on government spending measures, judicial nominations and a farm bill, Bloomberg reports citing key senators.
Over the summer, a bipartisan group of senators moved swiftly...
Retailers expect Russians to spend unprecedented amounts of money during the Black Friday retail campaign this year, Kommersant reports. According to market participants, their Black Friday revenue may grow by 57% compared to last year, reaching 52 billion rubles ($764.2 million).
Experts however warn against overblowing expectations, as Russians’ real incomes...
