Data from the Organisation for Economic Co-operation & Development (OECD) showed that foreign direct investment flows (FDI) worldwide plummeted to $846 billion in 2020, which is a 38% drop compared to 2019, RT informed.
The coronavirus pandemic “accelerated a steady decline and contributed to sinking global FDI flows to their...
Data from the Federal Customs Service showed that Russia’s exports of gold surged 220% in March year-on-year, amounting to 26.5 tons, worth almost $1.5 billion. Exports were 2.3 times higher than in the previous month, the report revealed, RT reported.
The United Kingdom remained the major buyer of Russian gold,...
Facing harsh economic measures imposed by Washington and its allies in Europe, Russia is working to cut Western influence out of its economy, Foreign Ministry spokeswoman Maria Zakharova said in an exclusive interview with RT.
Last month, US President Joe Biden unveiled a new package of sanctions against Russian businesses...
Russian President Vladimir Putin has given the government until July 1 to stabilize domestic prices for goods, RT reported.
“The Russian government should ensure the use of a long-term market tool that could guarantee the predictability of prices for goods, as well as domestic market saturation with quality products,” he...
Russia is already in the process of minimizing any potential damage in the case of being disconnected from international financial instruments, but still regards the risk it may be denied access to the system of interbank payments SWIFT as hypothetical, Russian Foreign Ministry spokeswoman Maria Zakharova told the television...
Participation in the tender for construction of a new power unit of the Dukovany Nuclear Power Plant (NPP) is not denied completely for the Russian state-run nuclear corporation Rosatom and the new government to be formed after parliamentary elections in the Czech Republic on October 8 and 9 may...
Russia’s antitrust authority has fined Apple $12 million over a case first brought against the Silicon Valley giant by Russian cybersecurity firm Kaspersky, The Moscow Times reports.
“Apple was found to have abused its dominant position in the distribution of mobile applications on the iOS operating system through a series...
The annual St. Petersburg International Economic Forum (SPIEF), which is set to take place on June 2-5 this year, will host a series of traditional cultural events for its guests and participants, RT reported.
“St. Petersburg is a city with the richest historical and cultural heritage. SPIEF welcomes guests and...
China's economic growth is projected to rebound to 8.1% this year, fueled by strong exports and a gradual recovery in household consumption, according to a report from the Asian Development Bank (ADB), RT reported.
The bank’s economists attributed the economic growth to the improved job market, restored consumer confidence, and...
The International Bureau of Exhibitions has received an application from Russia to host the world exhibition "Expo-2030" in Moscow, according to the information provided by the bureau on Thursday, TASS reported.
Russia's application was the first, the rest of the candidates will be able to submit their applications by the...
