More than 100 countries are exploring the possibility of introducing digital currencies for their central banks (Central Bank Digital Currency, CBDC), said the head of the International Monetary Fund (IMF) Kristalina Georgieva.
"Digital currency is an important part of the digitalization of the economy," said Georgieva.
Digital currencies open up new...
The World Bank has improved its forecast for Russia's GDP growth in 2021 from 3.2% to 4.3%, according to the bank's report on the economy of the Europe and Central Asia region.
The World Bank notes the rapid recovery of the Russian economy against the backdrop of an increase in...
Two offshore companies - EMMF and Cistenique, registered on the island of Curacao in the Caribbean - were used to withdraw money from the Malaysian state fund 1MDB and the Russian Vneshprombank, the International Consortium of Investigative Journalism (ICIJ) Pandora Papers said.
Criminals through these two funds from 2012 to...
The Moscow Exchange index, which reflects the ruble value of Russian shares, in morning trading on October 6 rose for the first time in the history of the Russian market to 4257.46 points, according to trading data by 11:30 Moscow time.
The RTS index, reflecting the dollar value of shares,...
After a major outage at Facebook's broad family of applications impacted billions of users worldwide late Monday, Russian authorities emphasized the need of developing the country's own "sovereign" social media platforms.
After a traffic routing issue rendered the sites inaccessible for many hours Monday evening, Facebook and its Instagram and...
On Monday, the price of Gazprom's common shares surpassed the 2008 record high. The continuous increase in stock market prices for gas in Europe is one of the major reasons boosting the company's capitalization, and there are signs that the energy industry will only expand, TASS quotes Rossiyskaya Gazeta.
On...
Gazprom has never denied the possibility of direct contracts with Ukraine on gas supplies, this is a matter of negotiations and expediency, the press secretary of the Russian President, Dmitry Peskov said.
Since November 2015, Ukraine has stopped direct purchases of gas from Russia, but it receives Russian gas through...
According to preliminary estimates, Facebook's applications outage cost the Russian economy 70 million rubles per hour, said Anna Mikhailova, business development manager of the Angara group of companies, Russian media reported.
The failure of Facebook, associated with the disruption of a number of network protocols, "indirectly affected practically the entire...
Region Group - Rossium (owner of MKB) and Gazprombank (GPB) are interested in buying a block of shares in Otkritie Bank, Kommersant reported.
At the same time, GPB is "very strongly lobbying" for the purchase of shares, the source said. The deal will help GPB "grow strongly and get the...
