Saturday, June 21, 2025
According to Rosstat, consumer spending growth  continued  to decrease in July 2021. The yearly comparison remains unrepresentative owing to the low base of the comparable month in 2020, but growth in consumption of goods and services in July decreased by half when compared to June, Kommersant writes. According to Rosstat...
According to a collaborative research by two European climate think tanks, the world's first carbon border tax planned by the European Union is expected to impact Russia the most while leaving Chinese commerce relatively unaffected, Reuters reports. In July, the EU proposed a Carbon Border Adjustment Mechanism (CBAM), or CO2...
Russian President Vladimir Putin meets with the administration on a regular basis to discuss the issue of inflation in the country, which he personally controls, said Dmitry Peskov, the president's press secretary, Kommersant reported. Consumer prices in Russia increased by 0.09 percent over the week, compared to 0.1 percent the...
According to the U.S. Energy Information Administration (EIA), Russia ranked second in total petroleum shipments to the U.S. in June 2021, with deliveries totalling 25.43 million barrels, TASS reports. Canada leads the list of petroleum exports to the United States in June, with 137.57 million barrels, followed by Mexico (23.65...
On August 30, spot gas prices in Europe breached the benchmark of 600 per 1,000 cubic meters for the first time in history. According to experts interviewed by Vedomosti, the current situation in the European gas market is related to suppliers of liquefied natural gas reorienting to the Asian...
According to experts contacted by Izvestia, the amount of contracts signed during the Eastern Economic Forum this year would be 4-4.5 trillion rubles ($54.51-61.33 billion). They observed that the sixth conference changed the topic and moved the emphasis from the growth of the Asia-Pacific region to global issues. According...
Russian agricultural businesses boosted grain shipments in late August in anticipation of an increase in export taxes. Grain shipments have almost quadrupled to 1.4 million tons per week, according to Kommersant. According to Igor Pavensky, director of the Rusagrotrans Analytical Center, exports are increasing due to rising demand for Russian...
According to the Association of Communication Agencies of Russia (AKAR), the advertising market excluding VAT increased to 255 billion rubles in the first half of 2021, a 25% increase from the crisis year of 2020 and a 13% increase from the pre-crisis year of 2019. The advertising sector has...
Yandex has decided to entirely buy out Uber's holdings in Yandex.Eda, Shop, Delivery, the business of autonomous vehicles and rovers, and to expand its participation in the Yandex.Taxi group of enterprises. The entire value of the transaction will be $1 billion. Both businesses' boards of directors have previously authorized the...
Gazprom, the Russian energy major, announced Monday that its second-quarter profits surged more than three-fold compared to the same period of last year, as natural gas prices went up, The Moscow Times reports. In the second quarter, the state-owned enterprise recorded a net profit of 521.2 billion rubles ($7 billion), an increase that tripled...