In late February Wildberries, the number one Russian e-commerce company, launched in three new EU countries: France, Italy and Spain – just weeks after its debut on German soil. Through localized web and mobile interfaces (France, Italy, Spain), online shoppers from these three countries can access more than four million products from some...
According to preliminary estimates from the CBR, Russia's current account surplus in 2021 amounted to $13.1bn (it was $6.8bn in January), down from $17.7bn in 2020, bne IntelliNews reports. The year-on-year decrease was primarily due to the trade surplus shrinking to $17.6bn from $23.6bn, which in turn owed mainly...
Russia’s central bank said on Wednesday it had ordered brokers to block the accounts of more than 60 private investors it suspected of coordinating in a Telegram channel to try to raise the share price of an electric utilities firm, Reuters reports.
In a development reminiscent of lurches in U.S....
Young people aged up to 29 account for over 33% of the total number of unemployed in Russia, Minister of Labor and Social Protection Anton Kotyakov said at a meeting of the State Duma (parliament's lower house) Committee on Labor, Social Policy and Veterans' Affairs on Wednesday, TASS informed.
According...
China’s Commerce Minister Wang Wentao has announced that the Regional Comprehensive Economic Partnership (RCEP) had been ratified during the National People’s Congress in Beijing, three months ahead of schedule, RT reported.
He urged other member countries to ratify the agreement as soon as possible, telling the South China Morning Post:...
Leading Moscow academics have revealed that Russia's GDP dropped less than the world as a whole during the Covid-19 pandemic, marking the first time the country weathered an economic crisis better than the global average, RT reported.
In 2020, Russia's GDP dropped by 3.1 percent, less than the 3.5 percent...
Global prices for crude oil extended gains to a more than one-year high on Monday, after an alarm message from Saudi Arabia that the world’s largest crude terminal at Ras Tanura had been attacked. Output remained unaffected, RT informs.
International benchmark Brent was up 2.9 percent to $71 a barrel...
Successful work at the Organization for the Prohibition of Chemical Weapons (OPCW) will be impossible until trustworthy circumstances behind the incident in the Syrian town of Douma in April 2018 are established, Russia’s Ambassador to the Netherlands and Russia’s Permanent Representative to the OPCW Alexander Shulgin said in a...
Many representatives of diplomatic community in Vienna as well as members of various international organizations have displayed interest in inoculation with Russian preparations, Russian Permanent Representative to International Organizations in Vienna Mikhail Ulyanov stated on Sunday, TASS reports.
"Many colleagues from diplomatic corps in Vienna, as well as from local...
Russia’s economy ministry said on Friday it expected annual inflation to peak in March and then gradual decline, after it had hit 5.7% in February, which was well above the central bank’s 4% target.
The ministry said it saw month-on-month inflation slowing to 0.5%-0.6% by the end of March, down...
