Wednesday, July 1, 2026
The Russian Direct Investment Fund (RDIF) will deliver the required volume of Sputnik V coronavirus vaccines to Hungary in January - March 2021, a RDIF spokesperson told TASS on Thursday. "Hungary has already received the first batch of vaccines on December 28 and we are ready to supply all the...
OPEC+ countries are beginning to gradually increase oil production after nine months of tough restrictions. The rate of production increase will not exceed 0.5 mln barrels per day (bpd). By setting such a small rate, the oil exporters, which account for 40% of the global oil market, will be...
The law enabling Russian IT companies - software developers to enjoy tax relief comes into force on Friday, January 1. Particularly, it lowers the rates of insurance premiums for the industry and income tax rates, TASS reported. A respective bill was signed by Russian President Vladimir Putin into law in...
Serbian President Aleksandar Vucic has launched the Serbian section of the Balkan Stream pipeline (an extension of the TurkStream pipeline) in the Gospodjinci settlement near the city of Novi Said. The launch ceremony was broadcast live by the Tanjug news agency on Friday, TASS writes. The ceremony also involved Russian...
Russia’s administrative reform involving the right-sizing of state personnel begins nationwide on January 1, 2021. According to plans, it should be completed in three months, by April 1, TASS writes. As Russian Prime Minister Mikhail Mishustin noted earlier, the government often discussed the necessity to optimize the system of management....
Total trading volume across markets on the Moscow Exchange could reach 924 trillion rubles ($12.34 trillion) in 2020, setting an all-time high, according to the Chairman of the Executive Board and CEO Yury Denisov, RT reported. While the official results of the year have not been announced so far, the...
Russian presidential spokesman Dmitry Peskov suggested earlier that Vladimir Putin may be able to catch his breath during the New Year holidays, Sputnik reported. Russian President Vladimir Putin will celebrate the New Year with family and friends, as he does most years (in 2013 he gave his New Year's address...
The coronavirus pandemic, the escalation of the geopolitical environment and the subsiding risk appetite of investors in 2020 resulted in a substantial weakening of the Russian ruble against the main currencies, TASS reports. Particularly, the dollar added 20% against the ruble in 2020, whereas the euro - around 32%. The...
Belarus has received the first tranche of the Russian state loan amounting to the equivalent of $500mn, the Belarusian Ministry of Finance says on Wednesday, TASS reports. "Funds of the first tranche of the state financial loan in the amount equivalent to $0.5bn were received at the account of the...
Russia will have supplied more than 1 million doses of its COVID-19 vaccine Sputnik V to its own national inoculation program by the end of this year, a government minister said on Wednesday, Reuters reports. Russia, which began rolling out the vaccine in early December, has so far produced over...