Russia is gearing up for the 2018 soccer World Cup, having prepared special tourist routes, entertainment programs and taste tours for fans and guests of the event, Oleg Safonov, Head of the Russian Federal Agency for Tourism told Rossiyskaya Gazeta.
He stressed that preventing unjustified price gouging in hotels is of...
Russian gross domestic product (GDP) grew 1.5 percent year-on-year in February, the Russian Economy Ministry said on Thursday.
According to Banki.ru, the growth is noted in the March edition of the ministry’s “Business Landscape” publication. Earlier, the head of the ministry Maxim Oreshkin said that the growth rate of the Russian economy...
The raising of the personal income tax in Russia to 15% from the current 13% would not lead to tax evasion, Russian Deputy Prime Minister Arkady Dvorkovich said on Thursday, adding that the government could use the additional income to better the country’s healthcare.
"If the new approaches are deemed fair, if...
Belgrade has offered to host a meeting between Russian President Vladimir Putin and his U.S. counterpart Donald Trump in Belgrade, Serbian Foreign Minister Ivica Dacic said, according to RIA news agency.
"Serbia offers to hold a publicly announced meeting of Vladimir Putin and Donald Trump in Belgrade," the minister said, adding...
Germany’s new foreign minister, Heiko Maas, has indicated a tougher line against Russia since taking up his post a week ago, Handelsblatt reports.
Former foreign minister and now German president Frank-Walter Steinmeier congratulated President Vladimir Putin on his recent election win. Maas, meanwhile, had far harsher words.
“There certainly can be no...
Protectionist measures adopted by the Trump administration could have wider implications for the energy industry, in particular, shale than a weakening dollar and its impact on the price of oil, the chief executive of French oil giant Total said.
“I think the question is more what will be the economic...
Ukraine’s government has terminated the economic cooperation program with Russia after a respective decision was taken at a meeting of cabinet ministers on Wednesday, Prime Minister Vladimir Groysman said, according to Ukrinform.
Moscow and Kiev approved the economic cooperation program until 2020, which envisions partnership in trade, transport, tourism, social...
Russian First Deputy Prime Minister Igor Shuvalov has hinted that the Cabinet has a miraculous plan to unleash economic growth and led the country out of the crisis, Nezavisimaya Gazeta reported.
According to the newspaper, the proposed moves, which will include tax reforms, are expected to be made public within...
With only 5% of Russia’s population, the country’s resource-rich Far East region has attracted around a quarter of the country’s foreign direct investment (FDI) in the last four to five years.
According to a new Russian government report obtained by Asia Times, most of the FDI was related to the...
The Russia Federation is inching closer to deciding on a law covering initial coin offerings (ICO) and the trading of crypto tokens within the country.
According to a report by Russian news agency RIA on Monday, Russian deputy finance minister Alexei Moiseev said that a jurisdictional disagreement between the Bank of...
