The current functioning of the Russian economy can no longer guarantee the well-being of society, with western sanctions hurting the everyday life of Russia’s citizens, a report by the Estonian Intelligence Service says.
According to the International Security and Estonia 2018 report, “only a small proportion of Russian citizens enjoy a standard...
Moscow and Tehran have started talks on using national currencies in trade deals between the two countries, Russia’s Ambassador to Iran Levan Dzhagaryan said.
According to the ambassador “central banks” working groups have met several times.
“As far as we can understand, negotiations are underway,” Dzhagaryan said, according to Iran Daily.
“We...
Russia has urged its partners among the BRICS nations (Brazil, Russia, India, China and South Africa) to establish a foothold in Syria’s promising market, Russian Ambassador to Syria Alexander Kinshchak said in an interview with TASS news agency.
Syria’s economy has been ravaged in the seven years of conflict, suffering...
Russian President Vladimir Putin met with representatives of the Russian Union of Industrialists and Entrepreneurs behind closed doors, with western sanctions on the agenda.
According to Reuters, Putin told the prominent grouping of company chiefs and tycoons the West cannot sustain its sanctions against Russia in the long term.
"I think...
A Russian tycoon with close ties to President Vladimir Putin threatened Friday to sue media outlets for reporting accusations that he held a secret meeting with a senior Russian government official aboard his yacht in 2016.
The allegations are stemming from an investigation by Russian opposition leader Alexey Navalny. Oleg...
Yadea, a market leader in the production of electric-powered motorcycles, bicycles, and scooters, has become the fifth Chinese sponsor of the forthcoming football World Cup in Russia, FIFA, the world’s football governing body, has announced.
Yadea will receive a range of rights, including LED board exposure during the event, access to...
The Russian state-owned Direct Investment Fund (RDIF) has reached an agreement on investments in the joint venture of Yandex.Taxi and Uber with a potential of tens of millions of dollars, Head of the Fund Kirill Dmitriev told reporters.
"Yes, we will invest in a joint company of Yandex and Uber....
The Russian central bank decided to cut the key interest rate to 7.5% on Friday, the Board of Directors of the Bank of Russia said after its first meeting this year, Reuters agency reports.
The Bank of Russia notes that annual inflation remains at a consistently low level, while inflation expectations...
Dozens of Russian athletes have lost the last bid to join the Winter Olympics in Pyeongchang after the Court of Arbitration for Sport (CAS) rejected their appeal, The Washington Post reports.
The appellants had asked CAS to overturn a decision by the International Olympic Committee (IOC) not to invite them over...
Millions of dollars of Russian money was sent to the U.S. expecting the funds would benefit ex-President Bill Clinton’s charitable initiative while his wife, Hillary Clinton, worked to reset relations with Russia, an FBI informant in an Obama administration-era uranium deal stated.
Informant Douglas Campbell spent years undercover in the...
