Monday, June 29, 2026
In March, factory activity in the euro area reached a record 24-year high, according to a business survey carried out by the research firm IHS Markit, RT reported. IHS Markit’s final Manufacturing Purchasing Managers’ Index (PMI), which is considered a good gauge of economic health, showed it had jumped to...
The Northern Fleet’s latest frigate Admiral Kasatonov completed accomplishing the tasks of its first long-distance deployment in the Mediterranean Sea and entered the Atlantic Ocean, the Fleet’s press office reported on Thursday, TASS informed. "The frigate Admiral Kasatonov has entered the Atlantic. Today it has passed through the Strait of...
The coronavirus pandemic in Russia may end by August, Viktor Maleyev, an advisor to the scientific director of the Russian health watchdog’s Research Institute of Epidemiology, said in a post on the watchdog’s Instagram, TASS reported. "The coronavirus pandemic in Russia may end by August 2021 because many people will...
The movement of Russian troops across the country should not concern other states since this does not pose any threat to them, Kremlin Spokesman Dmitry Peskov said on Thursday, commenting on a remark by the Ukrainian military on Russia’s military buildup along the border with Ukraine, TASS reported. "The Russian...
Foreign warships and vessels are demonstrating higher activity in the pipelay area of the Nord Stream 2 gas pipeline, Branch Director of Nord Stream 2 AG, the project operator, Andrei Minin told reporters on Thursday, TASS informs. "Higher activity of naval vessels, airplanes and helicopters and civilian vessels of foreign...
The international rating agency Moody’s has changed the forecast for the Russian banking sector for next 12-18 months from negative to stable, Vice President - Senior Credit Expert of the Agency Olga Ulyanova says on Wednesday, TASS informed. "The forecast changes from negative to stable," she says. The forecast revision is...
The incident with the Ever Given container ship in the Suez Canal allowed Russia and China to promote their trade routes more successfully as well as to challenge the American globalization model, French journalist and writer Francois Lenglet, who specializes in economic issues, stated on Wednesday, TASS informed. "If the...
The World Bank has upgraded its outlook on Russia’s GDP growth in 2021 to 2.9% compared with its December forecast of 2.6%, and in 2022 - to 3.2% from 3% due to a lower than expected GDP contraction in 2020 and quick easing of COVID-19-related restrictions, according to a...
Foreign investors and entrepreneurs show growing interest in the development of the Northern Sea Route (NSR), Russian Ambassador at Large for the Arctic Cooperation at the Ministry of Foreign Affairs Nikolay Korchunov told TASS. According to him, international businesses “have high practical demand for Arctic projects, whose long-term strategy stipulates...
Saudi Arabia and Russia, key parties of the OPEC+ deal, are reportedly willing to support a rollover of the alliance's oil production cuts for at least a month, as crude demand has not fully recovered from the coronavirus crisis, RT informed. The Organization of the Petroleum Exporting Countries (OPEC) and...