The Russian ruble reached two-week lows on Thursday after U.S. senators proposed sanctions on Russia's new sovereign debt, Reuters reports.
In an attempt to raise pressure on Russia, particularly in response to Moscow's alleged meddling in U.S. elections, the new bill called for "sanctions with respect to transactions relating to new sovereign...
Russia’s services sector picked up the pace in July following stronger client demand and new business growth as the country hosted the 2018 soccer World Cup, a survey showed on Friday.
The Markit purchasing managers index (PMI) headline figure for Russia rose to 52.8 in July from 52.3 in June, remaining...
August 2 marked the first anniversary of the infamous American CAATSA act (Countering America’s Adversaries Through Sanctions Act), which has served as a cornerstone of Washington’s sanctions against Russia By default, sanctions are a long game by default, so the CAATSA is still settling in, and its main custodian,...
The number of crypto mining companies has increased by 15% in H1 2018 to a total of 75,000, the Russian Association of Cryptocurrencies and Blockchain (RACIB) has announced, according to Bitcoin.com.
The figure underlines the ongoing expansion of the Russian crypto sector also reflected by an increase of the number...
Russia’s Izh motorcycle, developed as part of the Cortege project, implemented by the Kalashnikov corporation, will be put on free sale both in Russia and abroad, the head of state corporation Rostec Sergey Chemezov told reporters.
"In this regard, we do not make a distinction between the markets," he said,...
Two large-scale blockchain-based pilot projects have successfully been launched by authorities in Grozny, the capital of Russia’s region of Chechnya, CryptoVest reports.
The projects, launched by Russian government-owned development bank Vnesheconombank (VEB) and the Grozny city government, aim to try out the technology for the proper management of utilities and...
Russia’s Tax Code may soon receive the addition of a new tax called ‘Environmental Tax’ that will replace the existing environmental fee, Izvestya reports with reference to a letter by Deputy Finance Minister Ilya Trunin addressed to the President of the Center for Strategic Research Pavel Kadochnikov.
The decision...
Six Russian companies will have to endure at least another six months of EU sanctions after the European Commission decided to extend sanctions against the entities, The Moscow Times reports.
The measures are related to the companies’ work in Crimea and the construction of the Kerch Strait Bridge to the peninsula, which...
U.S. President Donald Trump has said the United States will not lift sanctions against Moscow, Russian state news agency TASS reported quoting American media.
Trump said Monday at a news conference with Italian Prime Minister Giuseppe Conte that the sanctions would not change despite the Russians' request.
Conte first broached the subject...
The Central Bank of Russia has identified 208 illegal Forex brokers in the first half of 2018, according to Valery Lyakh, Head of the Bank of Russia’s Department for Countering Malpractice. The materials about these brokers have been sent to law enforcement agencies, he told Kommersant.
The list of these...
