The growth in non-performing loans and loans restructuring in the Russian banking sector is expected to fall in June, Elizaveta Danilova, head of the Central Bank’s financial stability department said on Wednesday, Reuters reports.
Danilova said that banks’ capital provisions for unsecured consumer loans, valued at 584 billion roubles ($8.2...
Russia and China on Tuesday vetoed a UN Security Council resolution that would have extended authorization for cross-border humanitarian aid in Syria for a year, though Moscow swiftly proposed a more limited extension, The Moscow Times reported.
Germany and Belgium, two of the council's non-permanent members, had drafted the resolution, which...
The Russian military will get the new-generation S-500 air defense systems in coming years, the commander of Missile Defense Troops of the Russian Aerospace Forces, Maj. Gen. Sergei Babakov, said in an interview with the Krasnaya Zvezda newspaper on Wednesday, TASS reported.
"The Missile Defense Troops started receiving prospective S-350...
Тhe Black Sea Fleet forces are tracking the movements of a NATO naval group in the Black Sea, the National Defense Control Center (part of Russia’s Defense Ministry) reported on Tuesday, TASS reported.
"The Black Sea Fleet’s forces and capabilities have started tracking the operations of the standing NATO mine...
Russian Foreign Minister Sergei Lavrov and German Foreign Minister Heiko Maas discussed Syria’s humanitarian aid needs in a telephone call on Tuesday, Reuters reported.
They discussed “the vital need to provide humanitarian assistance to all Syrians throughout the country without politicization, discrimination or preconditions,” the Russian Foreign Ministry said in...
Russia’s confirmed COVID-19 cases rose by 6,562, reaching 700,792, the anti-coronavirus crisis center told reporters on Wednesday, TASS reported.
Over the past 13 days the new daily cases did not surpass 7,000, according to the report. In the past two days the daily growth rate did not exceed 0.9%.
The number...
Ivan Safronov, adviser to the director general of Roscosmos, has been detained in Moscow, RIA Novosti reported.
He was charged under article 275 of the Criminal Code on State Treason. It was said that the detention of Safronov does not concern his work at Roskosmos.
From 2010 to 2019, Ivan Safronov...
According to Fedresurs estimates, for the first half of 2020, the number of bankruptcies of companies decreased by 26% and amounted to 4,500 legal entities against 6,100 in the same period in 2019. The opposite trend is observed in cases of bankruptcy of citizens. For six months of 2020,...
Gas exporters have booked almost 90% of the capacity of the Yamal-Europe pipeline’s Polish section in the period from Oct. 1 this year and Sept. 30 2021, data showed on Monday, suggesting Russia will continue to pump gas to Europe via the link, Reuters reported.
A gas transit deal between...
Moscow has made it into a list of the top 20 European cities with the most promising prospects for start-ups, tech and innovation investment, according to the Tech Cities of the Future ranking, Russia Today informs.
The list, compiled for the first time by fDi Intelligence magazine together with The...
