Friday, April 19, 2024
The economic ministers of Russia and Japan agreed Thursday to cooperate more in increasing productivity using information technology, ahead of a summit expected in May, Kyodo News reported. The economic cooperation package proposed by Prime Minister Shinzo Abe in 2016 was an "important cornerstone of Japan-Russian ties," said Japan's Economy,...
Russia has overtaken China and is now the fifth-biggest sovereign holder of gold in the world, Bloomberg reports. In January, the country’s central bank increased its stockpile by almost 20 metric tons to 1,857 tons, topping the People’s Bank of China’s reported 1,843 tons. While Russia has increased its holdings...
Spain has extradited a man accused of embezzling nearly $10 million from the Russian Federal Security Service (FSB) to Moscow, The Russia Legal Information Agency reported. The Russian side received Mikhail Lyagin, who is accused of embezzlement of 550 million rubles ($9.7 million) from the Russian Federal Security Service on...
The United States has warned governments around the world that they could face sanctions over any "significant transactions" they make with Russia's military, senior U.S. officials have said, according to Reuters. The warnings officials disclosed on Wednesday to reporters in Washington follow the U.S. State Department's claim this week that...
Top Democrats are calling on Congress to give the FBI $300 million to fight potential foreign interference in this year’s midterm elections, a request that comes just days after the Justice Department indicted Russians for meddling in the 2016 presidential contest, CBS News reports. The letter was sent Wednesday by...
Despite harsh European sanctions against Russia, one of Russia’s most infamous oligarchs, Boris Rotenberg, has managed to expand his business ventures on the French Riviera, a joint investigation by the Organized Crime and Corruption Reporting Project (OCCRP), the Russian newspaper Novaya Gazeta, and the French Le Monde reveal. The report sheds...
The Russian central bank’s target inflation rate of four percent could be reached in the second half of 2018, the Bank of Russia said on Wednesday, according to Reuters. In a monthly report on inflation, the central bank said inflation will pick up later this year from the 2.2 percent...
The Russian arms industry has lost more than $3 billion in failed weapons deals with third countries over the threat of U.S. sanctions, the State Department told reporters on Tuesday. The Trump administration has held off on imposing sanctions on Russia’s intelligence and defense sectors mandated by legislation passed nearly...
Eager to show that Russians' real disposable incomes as measured by official statistics don't decline, President Vladimir Putin used the State Statistical Service to hide a drop in the statistical category, Russian economists say. On Monday, the government agency reported that in January, the disposable income measure was unchanged from...
Russian President Vladimir Putin has signed bills extending the timeline for capital amnesty in Russia until February 28, 2019, into law, according to official documents. The law will extend the possibility of voluntarily declaring assets and accounts in banks, RT reported. The full amnesty for all funds returning to Russia...