A candidate drug for treating the new coronavirus, favipiravir, has produced promising results in early clinical trials in Russia, according to the Russian Direct Investment Fund, which provided 150 million rubles ($2 million) in funding for the project, Reuters reported.
RDIF head Kirill Dmitriev said 60% of the 40 coronavirus...
The Ministry for Development of the Russian Far East and Arctic started developing a new state program for the socio-economic development of the Arctic, which is scheduled to be finished before the end of June, the ministry announced on Wednesday, TASS reported.
The ministry’s press service told TASS that the...
Russia’s Foreign Ministry will send letters to the Financial Times and New York Times demanding they retract reports claiming the actual death toll from Covid-19 in the country is much higher than the official figures.
The editors-in-chief of the outlets concerned will be given the letters on Thursday by the...
An old rocket that was used in the past launches broke down on May 8. This was confirmed by Russia’s space agency Roscosmos.
The Fregat-SB upper stage rocket was used to deliver Spektr-R, the Russian scientific satellite to orbit nine years ago.
The space agency is still investigating the situation. For...
The volume of global trade may plummet by almost one third due to the pandemic, according to experts’ estimations, Russian Foreign Minister Sergey Lavrov said during the opening of the meeting of the foreign ministers of the Shanghai Cooperation Organization (SCO), TASS reported.
"The key task is to overcome the...
By the end of the year, the oil market might re-balance itself, as excess stocks will continue to be reduced, with the price of Brent crude potentially reaching $40, Izvestia reported.
Russia’s oil major Rosneft may сut back its investment program by 200 bln rubles (about $2.7 mln) as...
Pavel Durov, the founder of the popular messenger Telegram is announcing closure of the TON blockchain project, TASS reported.
"We are announcing the discontinuation of our blockchain project," he wrote in the Telegram.
Any project based on TON or using its name will not be related to the Telegram, Durov added.
The...
Russia’s U.N. ambassador slammed the United States on Tuesday as “ridiculous” for arguing it was still a member of the Iran nuclear deal two years after it quit, so Washington could trigger a return of all United Nations sanctions on Tehran, Reuters reported.
The United States, Russia, China, Germany, Britain...
Russia's 'Go Green' ambitions are about to get a significant boost from the VEB.RF corporation, with the focus being on attracting private investments for pursuing national environmental goals, Environmental Finance reported.
VEB.RF is working on the first-ever national standard of green finance to help achieve this goal, in sync with...
Russian Minister of Energy Alexander Novak and U.S. Secretary of Energy Dan Brouillette discussed the situation on the global oil market and measures undertaken to stabilize it by telephone, TASS reports, citing the Russian Ministry of Energy.
"The current condition and prospects of the global market along with undertaken collective...
