Thursday, May 2, 2024
Several people who worked at the St. Petersburg "troll factory" mention in a U.S. indictment against Russian citizens and companies say they think the criminal charges are well-founded, The Associated Press reports. A former employee at the innocuously named Internet Research Agency named Marat Mindiyarov said the organization's Facebook department...
A number of Moscow hotels have been fined by Russia's consumer rights watchdog Rospotrebnadzor for hiking prices in the run-up to this summer’s soccer World Cup, the watchdog reported. "The total sum of the imposed administrative fines is 5,948,200 rubles ($105,569)," the federal service reported following checks conducted by its...
Russia's foreign trade turnover with all members of the Commonwealth of Independent State (CIS) increased in 2017, according to data from the Russian Federal Customs Service. According to AzerNews, the increase was highest in the trade with Azerbaijan (34.5 percent), Uzbekistan (33.9 percent), and Kyrgyzstan (31.6 percent). Belarus remains Russia’s main...
A confectionery factory in the Russian city of Lipetsk belonging to Ukraine’s Roshen Corporation would be better off "rotten" than sold for less than $200 million, the company’s CEO Vyacheslav Moskalevsky has said. "Right now, I think they are worth nothing. No one will pay me $200 million for...
The Russian state-owned development bank VEB has signed a deal with the government of the Kaliningrad region to pilot a new blockchain-based system of social payments, Cryptovest reports. Kaliningrad governor Anton Alkikhanov and VEB Chairman Sergei Gorkov met at the Russian Investment Forum in Sochi last to sign the agreement...
Russian oligarch and owner of giants En+ and Rosal Oleg Deripaska has stepped down as president of both companies. The billionaire gives up his role in the energy and aluminum businesses amid a brewing battle between the tycoon and two other Russian oligarchs for control of Norilsk Nickel, as...
Russia has been exploring effective ways to increase exports of its industrial products under “Made-in-Russia” program to traditional markets in Latin America, Asia, and Africa. The primary strategic goal is to secure Russia’s economic interests abroad at a time when the country is facing economic sanctions from the EU and...
The Kremlin on Monday denied Russian government involvement in interfering with the 2016 U.S. presidential election, Reuters reported. Spokesman Dmitry Peskov told reporters the allegations are baseless. "First, as before, we do not see any significant evidence that someone interferes in the internal affairs of the U.S. Second, we are talking...
The first system of guarantees for investing in cryptocurrencies will appear in Russia as early as this year, Moscow-based Izvestya newspaper reported. The subsidiary bank of VEB - the Globex state corporation - together with the Russian Association of Cryptocurrency and Blockchain (RACIB) and the CrowdHub Internet platform, are creating...
In an attempt to reinvigorate trade and political ties damaged by a four-year sanctions war between the Kremlin and the European Union, Ireland is seeking to reset relations with Russia, The Irish Times reports. The main area of focus in this drive seems to be agriculture - Irish exports to...