The United States is unlikely to grant a clean legislative waiver for India from anti-Russia sanctions, with this development being “extremely difficult, if not impossible,” several people lobbying lawmakers for changes in the law have told The Hindu.
A bipartisan U.S. act, the so-called CATSA (Countering America’s Adversaries Through Sanctions...
Russia’s big business is interested in the prospects of creating a territory with a special legal regime in Russia’s Kaliningrad region, Deputy Chairman of the regional government Alexander Shenderyuk-Zhidkov said.
The Kaliningrad region is Russia’s enclave on the Baltic Sea, the country’s westernmost area. The offshore zone was discussed by...
Russia should follow the lead of the European Union, Mexico and Canada and respond harshly to the United States’ tariffs on steel and aluminum imports, a senior Russian lawmaker, Vladimir Gutenev, said on Saturday, according to TASS.
"I believe time is ripe for Russia to be tough on this issue....
China’s logistics services company Cainiao, a part of global retail major Alibaba Group, has unveiled its plans to establish a global network of logistics hubs, including for the first time a facility in Russia, Interfax news agency reported on Thursday with reference to Chinese sources.
The company has already chosen the...
An Azerbaijan Business Center was opened on Thursday in the Russian city of Astrakhan, the state news agency Azer Tas reported.
The opening ceremony was attended by Azerbaijani Minister of Economy Shahin Abdullaoglu Mustafayev and the Head of the Russian branch of the Heydar Aliyev Foundation (HAF), Leyla Aliyeva.
“Russia is...
China has created a land channel for the delivery of cash to Russia’s Far East region, having noted a surge in demand for the yuan there. At the same time, Russian business is generally increasing its settlements in yuan, Nezavisimaya Gazeta reported citing Russian officials.
Yuan cash is convenient in that...
Maxim Oreshkin, Russia’s minister of economic development, has criticized the United States for violating the principles of the World Trade Organization (WTO), saying Washington’s approach compares to "shooting itself in the foot."
"We are watching the U.S. shooting itself in the foot, damaging at the same time the whole world...
The average ruble rate on mortgage housing loans in Russia has reached a minimum in April, amounting to 9.57%, RIA news agency reported on Wednesday citing data from the country’s central bank.
This continued the trend of the mortgage interest rate reduction observed in the Russian real estate market over the...
Russian companies and oligarchs continue to outflow their capital out of Russia and into offshore jurisdictions by buying shares as well as issuing loans, official data from the Bank of Russia reveals.
According to Rusmonitor, the data published on Thursday shows that in the past year, a total of $42...
Foreign investors sold about 200 billion rubles ($3 billion) worth of Russian ruble-denominated bonds since the announcement of the latest U.S. sanctions last month that created uncertainty about how vulnerable the market is to more penalties.
According to the country’s central bank, non-residents now own about 31 percent of the...
