The Russian Ministry of Economic Development said on Wednesday it expects equity investment growth in the country to decline from 3.5% in 2018 to 3.1% in 2019 with further acceleration to 7.6% in 2020, TASS reports.
Investments are expected to grow by 6.9% in 2021 and will be at the...
Goldman Sachs' World Cup quant model now sees Brazil and Croatia reaching the final of the soccer World Cup in Moscow on July 15 following the exit of Spain on Monday in the round of 16 to hosts Russia on penalties, Business Insider reports.
The investment management group’s chief economist...
U.S. automobile producers importing vehicles into Russia can expect an increase from 30 to 40%, sources close to the Russian government told Izvestiya. Maxim Oreshkin, Russia’s Minister of Economic Development, says the higher duties may take effect in July.
That would represent Russia’s long-awaited response to the latest U.S. sanctions...
The first round of talks between U.S. and Indian top diplomats and defense chiefs, dubbed the ‘2+2’ dialogue and scheduled for July 6, has been postponed by Washington, in a move attributed to technical reasons, but seen in both Russia and India as another act of U.S. pressure over a...
The Bank of Russia increased yuan’s share in its foreign-exchange and gold assets, nearly matching the allocation for the Canadian dollar, Vesti.ru reports.
The yuan’s proportion jumped to 2.8 percent in the last three months of 2017 from 1 percent in the third quarter, according to a report published on Monday...
A group of U.S. congressional Republicans who are considered to be sympathetic or allied with U.S. President Donald Trump has arrived in Moscow on what they say is a mission to try to revive relations and observe how Russia's economy is doing after four years of Western sanctions.
According to...
Russia has filed a claim against the United States at the World Trade Organization (WTO) over American tariffs on aluminum and steel product imports, the press office of Russian minister of economic development Maxim Oreshkin said.
"The Russian Federation has requested WTO dispute consultations with the United States regarding U.S....
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met last month at an informal summit in Sochi, where the two leaders upgraded their traditionally close relationship to a “special privileged strategic partnership.”
Despite this announcement, developments in West Asia, Afghanistan, and bilateral defense ties between India and Russia have...
Russia's Economics Ministry last week revised its GDP growth forecast down to 1.9% from the previous 2.2% outlook, while in 2019 economic growth is expected to slow down to 1.4%.
But after that, the massive $126 billion six-year spending spree announced by President Vladimir Putin as part of his new...
FIFA Fan Fest, the world’s soccer governing body’s landmark festival held at every World Cup, has already received a record-breaking five million visitors, FIFA and the local organizers said in Moscow.
The result greatly surpasses the 2014 edition of the FIFA Fan Fest, which reached just over 2.9 million visitors ahead...
