Russians have $180 billion of assets stashed abroad, the country’s tax service said Thursday, The Moscow Times reports.
The assets — worth 13 trillion rubles — are held in some 700,000 financial accounts based outside Russia, which are controlled by both organizations and individuals, Dmitry Volvach, Deputy Commissioner of the...
Sberbank — Russia’s largest bank and most valuable company — posted profits of more than $10 billion in 2020, despite the economic fallout of the coronavirus pandemic, The Moscow Times reported.
The lender’s net profit for the year came in at 782 billion rubles ($10.1 billion) — a fall of...
The value of Russia’s gold reserves passed its U.S. dollar holdings for the first time in history last year, Central Bank data published Monday showed, as reported by The Moscow Times.
At the end of June 2020, Russia held $128.5 billion in gold, representing 22.9% of Moscow’s total international reserves...
Trading used to be done exclusively by professional traders in busy offices on Wall Street. Nowadays, though, in Russia and elsewhere in the world, it is accessible to just about everyone with an internet connection and a little bit of money. It is easy to learn about stocks, start...
A currency union between Russia and Belarus is to crown integration processes between the two countries and it is not being looked at the moment, Belarusian President Alexander Lukashenko said in an interview aired by Russia’s Rossiya-1 television channel, TASS informed.
"There was no detailed discussion of a currency union,"...
The chorus of doom mongering Western experts and media commentators has failed to send Russians scrambling to buy tinned goods or trading cash for precious metals, as their gloomy predictions again failed to come to pass in 2020, RT reports.
Amid a sea of worrying forecasts for the country over...
A Russian hacker was sentenced to 12 years in a U.S. prison Thursday for consumer data theft worth $19 million from 100 million customers of over a dozen financial service companies, the Justice Department said, as reported by The Moscow Times.
Andrei Tyurin, 37, pleaded guilty in 2019 after his...
The CEO of Russia’s space corporation Roscosmos Dmitry Rogozin has described as evasive the response he received from NASA’s chief Jim Bridenstine in connection with the sanctions against some affiliates of the Russian government-run corporation, which might indicate the United States’ intention to curtail participation in international space programs,...
Bitcoin grew by 0.57% and in its peak reached $37,168, according to CoinDesk web portal. Thus, the price of the cryptocurrency has updated its historical maximum, TASS writes.
Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. It can be issued by any user who is...
Russia reported 23,351 new COVID-19 cases in the past day, a record low since November 18, and the total caseload hit 3,260,138, the anti-coronavirus crisis center told reporters on Monday, TASS reported.
The growth rate in new cases slowed to 0.7%. The lowest daily growth rates were registered in the...
