A new summer seasonal route between Riga and Russia’s Yekaterinburg will be launched by Latvian airline airBaltic on April 1, the company has announced, according to Travel Daily News.
According to airBaltic, the new connection will offer more convenient travel options for travelers from the Baltics and Russia to the airline’s network...
A Russian bank has become the first lender in the country to issue a loan secured by cryptocurrency tokens, Russia’s business daily Kommersant has reported.
According to The Moscow Times, lender Expobank said it issued an individual loan to businessman Mikhail Uspensky earlier this week, with Uspensky putting up Waves crypto...
Vnesheconombank, or VEB, Russia’s state-controlled development institute facing potential U.S. sanctions, has hired a well-positioned lobbyist in Washington - Trump insider and former Republican House member named John Sweeney, Politico reports.
With Congress mulling legislation to slap new sanctions on Russia for its attack on the 2016 American election,...
Moscow is counting on signing major new contracts between Russia and African partners, said Oleg Ozerov, deputy director of the African Department at the Russian Ministry of Foreign Affairs, at a press conference organized by the Russia Today MIA.
He recalled that very large contracts were signed at the Russia-Africa...
Russians are losing money in financial pyramids, Valery Lyakh, head of the department for countering unfair practices of the Bank of Russia, said on Instagram, Russian media reported.
On average, a person loses from 50 thousand to 100 thousand rubles. If the organizers of the pyramids operate on a large...
Vladimir Lisin, Chairman of the Board of Directors and the main shareholder of NLMK Group, took first place on the Russian Forbes list.
It is noted that the businessman’s fortune is estimated at $ 22.7 billion. Vladimir Potanin is on the second line. His fortune is estimated at $22.3 billion, according...
The cost of economic sanctions and other trade restrictions imposed by other countries cost Russia $6.3 billion by late 2018, estimates of the Economic Development Ministry presented on Tuesday reveal, according to Gazeta.ru.
These restrictions include anti-dumping duties, licensing, quotas, technical barriers, sanitary and phytosanitary measures and also economic sanctions.
Measures...
The government support measures fail to cover almost 48% of small and medium enterprises, according to a survey conducted jointly by the All-Russian Popular Front and the Opora Rossii organization, TASS reports.
Opora Rossii is an organization bringing together Russian small- and medium-sized enterprises (SMEs).
"48% of respondents conduct activities in...
Russia’s Alrosa and the Zimbabwe Consolidated Diamond Company (ZCDC) have signed a number of agreements to finalize the creation of a joint venture for prospecting and exploration works for primary diamond deposits in the African country, Finam.ru reports.
According to the agreements, Alrosa, the largest diamond mining company in the world...
The Russian pavilion at the 37th Havana International Fair, FIHAV 2019, is hosted by 12 companies from the country that are already working in Cuba or planning to expand into the island country, Rossiyskaya Gazeta reports.
Russian Ambassador to Cuba Andrei Guskov and Cuban Minister of Foreign Trade and Foreign...
