New criteria for a maximum debt level for domestic companies are being developed by the Russian central bank is developing to prevent any possible systemic risk at an early stage, Reuters reported.
Elizaveta Danilova, head of the Bank of Russia’s financial stability department told Reuters.
The regulator is keeping a close...
The Bank of Russia has said it is ready to test stablecoins – cryptocurrencies pegged to real assets - in regulatory sandbox conditions, Interfax reported citing the central bank’s head Elvira Nabiullina.
Nabiullina is known as one of Russia’s greatest arch-skeptics, but the report now says she wants companies who “want to...
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...
A group of representatives of Vietnamese companies, including state-run energy major Vietnam Oil and Gas Group (PetroVietnam), participated in a trade promotion event in Russia’s city of Kaluga this week, VNA news agency reports.
The event was jointly held by the Russia-Vietnam friendship association and the export promotion centre of...
Russia’s United Grain Company has signed its first contract for supplies to Iran, Kommersant wrote on Thursday. By the end of January 2020, some 130,000 tonnes of grain will be delivered and talks on further exports are in progress, the business newspaper said.
The company (50% plus one stake belongs...
The passenger train that arrived in Crimea this week via a new Russian-built bridge illegally carried people across the Ukrainian border, officials in Kiev said on Wednesday, adding that the country has opened a criminal probe into the matter, AP reports.
Earlier this week Russian President Vladimir Putin inaugurated the railway...
Moldova has requested a $300 million loan from Russia to finance large infrastructure projects, the president of the former Soviet republic Igor Dodon said this week, according to TASS.
Dodon said he discussed the matter with Russian President Vladimir Putin during an official visit last week.
"A decision in principle has...
Around 632,000 Russian holidaymakers have visited Tunisia in the first eleven months of 2019, a 5% increase in numbers from last year, the Tunisian National Tourism Office has said, according to Asharq al-Awsat.
The North African country expects to welcome 3,000 more Russian visitors before the end of December, Tourism...
Russia’s Nord Stream 2 is important for Europe’s energy security and sanctions from the United States cannot change that fact about the gas pipeline, Russia’s Deputy Prime Minister Dmitry Kozak said on Wednesday, according to RIA Novosti.
"We are sure that we will solve this problem and reach compromise in...
The Russian market may be closed to European fresh produce, but companies from the continent still have ample opportunities to trade non-European fruits and vegetables in the country, says John Rombouts, CEO and founder of Dutch consultancy Joined Resources.
He told FreshPlaza.com that non-European fruit and vegetables, such as stone...
