Tuesday, August 11, 2026
Russia could be looking to invest up to $1 billion in Venezuela’s mining projects with a focus on gold and diamonds, RT reported citing state-run agency TASS.  Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro met in Moscow on Wednesday in what was Maduro’s fourth visit in the...
In a surprise attack on the International Monetary Fund (IMF), the CEO of Russia’s biggest lender Sberbank, Herman Gref, has said the organization should cease to exist, Interfax reported. “I don’t have much to say about higher audit institutions, but as for international organizations like the IMF, they must...
Internet major Yandex has revealed a plan to spend 5 billion rubles ($78 million), dramatically expanding education programs in Russia, the company said in a statement. Yandex plans to train 500,000 teachers and 100,000 IT specialists by 2022, and ultimately support almost every other teacher in Russia through their...
Current growth statistics could paint a more negative picture on Russia's economy than the country’s performance and investment landscape deserves, according to the latest Outside the Box report by Novosibirsk-based finance group BCS Global Markets. Russia's economic performance is in a strong position overall, despite current GDP figures, which -...
Russia must restore trust in its courts and police as a condition for the government fulfilling the Kremlin’s ambitious economic plans, economy minister Maxim Oreshkin told President Vladimir Putin on Wednesday, according to Reuters. Following his landslide re-election in 2018, Putin outlined a set of ambitious political and economic goals...
Russian oil giant Rosneft was not included in the latest Forbes rating of 250 Best Regarded Companies in the world, the Russian fuel, with only Lukoil and Transeft representing the Russian energy complex this year, Oilru.com reported.  The third annual ranking Global 2000: The World's Best Regarded Companies is a...
Volga-Dnepr Technics Moscow (VDTM) has received the approval of the European Aviation Safety Agency (EASA) for the maintenance of Boeing 777-200/-300 aircraft at Sheremetyevo Airport, Aviation Pros reported. Currently, specialists of the Line Maintenance Station (LMS) at Sheremetyevo Airport provide maintenance to three Boeing 777 aircraft of Royal Flight airlines,...
The first exhibition of Cuban products in Moscow, held last week, has resulted in a deal between fruit exporter Citricos Caribe and Russian company Mashpriborintorg to export tropical products from to Russia, Fresh Plaza reports. The exhibition was attended by a delegation of Cuban businessmen from the agricultural sector who...
The third runway at Sheremetyevo International Airport was commissioned on 19 September 2019. The Special Representative of the President of the Russian Federation on environmental issues, ecology and transport S.B. Ivanov, Minister of Transport of the Russian Federation E.I. Dietrich, Head of the Federal Air Transport Agency A.V. Neradko,...
Russian mining and metals company Mechel has launched an electrical substation by the Federal Grid Company of Unified Energy System (FGS UES) at its Elgaugol coal complex in Yakutia, connecting the facility to Russia’s power grid, Yakutia Media reported.  Elgaugol is developing one of the world’s largest deposits of high-quality...