Russia’s Volga-Dnepr Group will not extend a contract with its French counterpart within the SALIS (Strategic Airlift Interim Solution) program on transporting oversized cargoes for NATO countries, Kommersant reported.
The company was servicing large cargos with An-124-100 Ruslan aircraft. It will stop working for western countries starting next year due...
Russia’s economic figures over the next 5-10 years will be affected by events taking place within its trade and financial partner countries, according to analysts from the Analytical Credit Rating Agency (ACRA).
The experts say foreign investments and exports would become key channels of influence. Accordingly, six foreign risks may...
The value of goods and services traded between Israel and Russia exceeded $5 billion in both 2018 and 2019, taking the figure to above pre-crisis levels, Israel’s Jerusalem Affairs Minister Ze'ev Elkin has said, according to the Jerusalem Post.
“Our trade volume, at least, according to the Israeli system, both...
The ruble-traded Moscow Exchange index was up nearly 0.7% on Monday afternoon and stood at 3,708 points as of 11:55am GMT, breaching the 3,700-poing level for the first time, amid a global rise of oil prices, RT writes.
Since the beginning of the year, the index has risen over 12%,...
French lender Societe Generale has appointed Gianluca Soma as new country head for Russia, the bank said on Monday, according to Plusworld.ru.
Soma, who will take on the new job on July 1st, will replace Didier Hauguel, who is leaving the post, Societe Generale said.
Soma will keep his responsibility...
Russia’s State Pension Fund is considering the use of blockchain technology to integrate all of its information into a distributed registry and will prepare proposals to integrate all systems into a single platform, CoinTelegraph reports. The fund believes it will cut costs for servicing and storing significant amounts of...
The deputy speaker of Russia’s Federation Council (upper chamber of parliament), Nikolai Zhuravlev, said on Wednesday the Russian government is preparing a second package of measures to support the national economy amid the coronavirus outbreak, state-run news agency TASS reported
"Today, the government is preparing the second package of measures...
Foreigners are returning to Russia’s commercial real estate, with foreign investment in 2018 reportedly at six-year highs, RBC reports. Russian analysts see the development as a sign of the once-booming market’s recovery from geopolitical tensions.
Investment sentiment in the real estate sector suffered after 2014 with Western sanctions over Moscow’s...
The Foundation has raised $34 million since the war began. It committed $17 million to charitable endeavors, including initiatives to rehabilitate hospitals and schools, aid Ukrainian service members, and provide humanitarian aid, an SCM press release reads.
The top 5 donors funding Kyiv School of Economics' charitable endeavors include the...
Economic growth in Russia picked up to 0.9% in the second quarter of 2019 in year-on-year terms from 0.5% in the first three months of the year, preliminary data by the Federal Statistics Service (Rosstat) revealed on Monday, according to Reuters.
The Russian central bank said in late July it...
