Thursday, April 25, 2024
Russian president Vladimir Putin has announced a subsidy for families ahead of a presidential election in which he’s widely expected to seek a fourth term, The Moscow Times reports. As Deputy Prime Minister Olga Golodets told reporters Wednesday, the government will spend 500 billion rubles ($8.6 billion) over three years...
Almost all of the 96 Russian individuals with a net worth of at least USD 1 billion and who are now listed as “Oligarchs” in the U.S. Treasury Department’s report can be found in the Forbes ranking of the 200 richest businessmen in Russia 2017. The similarity between the...
Premature – and potentially avoidable – death from cancer is costing tens of billions of dollars in lost productivity in a group of key developing economies, a paper published by the Journal of Cancer Epidemiology reveals. The societal costs of the disease have rarely been assessed, despite over two-thirds of the...
The global business elite this year at the World Economic Forum in Davos appeared not to be interested in either the problems or opportunities connected to Russia, reducing the country’s economy to irrelevance, security and international relations expert Pavel Baev writes in a column for Eurasia Daily Monitor. According to...
The Trump administration has released its long-awaited list of Russian politicians and business figures late Monday, Associated Press reported. The list, required by a law passed by Congress last year to punish Russia for meddling in the 2016 U.S. election, is an attempt to increase pressure on Russian President Vladimir Putin....
The U.S. subsidiary of Russia's largest maker of steel pipes for the oil and gas industry TMK, IPSCO Tubulars, said on Monday it launched an initial public offering (IPO) of its common stock, Reuters reported. The company said it will sell 7,441,860 shares while parent company and selling stockholder...
Russian bonds retreated, and UBS Group AG recommended selling the rouble ahead of a U.S. Treasury report describing possible sanctions on Russia’s sovereign debt, Bloomberg reported. The imminent report has been the biggest reason deterring investors from Russia’s $120 billion rouble debt market since it was commissioned by Donald Trump...
The new U.S. sanctions reports expected to be released Monday is an attempt to influence Russia’s presidential election in March, the Kremlin said, according to Reuters. Moscow also predicted the move would fail to impact the vote. The United States reports will detail the possibilities for expanding sanctions against Russia, including a...
Despite a February 2015 cease-fire, known as Minsk II, the Russian military incursion in eastern Ukraine is still an ongoing war—artillery exchanges and small arms battles occur daily. Moscow, for its part, continues to feed the conflict with weapons, cash, and its own troops. Meanwhile, grocery stores in Kyiv are...
U.S. President Donald Trump faces a major deadline to use the Russia sanctions power that Congress overwhelmingly voted to give him — and lawmakers aren’t sure whether he’ll comply on time after missing the last deadline, Politico reports. As lawmakers on both sides of the aisle remain keen to get tough...