After a five-year hiatus brought on by Western sanctions, Russian aircraft manufacturers are taking part in the 2019 Paris Air Show which kicked off on Monday at the French capital’s Le Bourget airport, Vedomosti reported.
The 53rd Paris Air Show, which will take place from June 17 to 23,...
Low pensions and poverty are forcing one in five Russian pensioners to continue working, the country’s Labor Ministry revealed after a comprehensive monitoring of the socio-economic situation of elderly citizens conducted in 2018, Lenta reports.
As of January 1, 2019, the share of working pensioners was 20.4 percent of...
The chairman of Russian oil company Gazprom Neft has said that Organization of Petroleum Exporting Countries (OPEC) and its partners should start increasing oil production to keep the market well supplied and prices reasonable, Reuters reported.
Gazprom Neft’s Alexander Dyukov said a price range of between $55 and $65...
A Russian trade delegation consisting of 250 Russian businessmen will visit Iran Monday and Tuesday, Iran's Energy Minister Reza Ardakanian has said, according to RFE/RL.
The minister’s statement comes at a time when Russia and Iran are forging closer economic ties amid Western sanctions aimed at the two countries.
Speaking at...
The governor of the Bank of Russia (CBR) Elvira Nabiullina warned the government against spending money from the National Welfare Fund (NWF), Vedomosti reported.
According to recent unconfirmed reports, Russian authorities are considering using the NWF for infrastructure projects to support the downstream refining sector, or to finance the capex...
During the II International Congress on Cyber Security (The International Cybersecurity Congress, ICC), which will be held in Moscow on June 20-21, Sberbank plans to discuss the impact of technology on human cyber vulnerability, Nezavisimaya Gazeta reported.
The process of the exponential development of information IT, on the one hand,...
World trade needs to restore trust between countries, and it is necessary to find a way out of the situation with trade wars and “fights without rules” in international affairs. This was stated by Russian President Vladimir Putin, speaking at the summit of the Conference on Interaction and Confidence...
The Russian central bank on Friday lowered its key interest rate by a quarter-percentage point to 7.5%, citing the recent change in course by the U.S. Federal Reserve toward looser monetary policy, RIA Novosti reported.
Bank of Russia Governor Elvira Nabiullina said in a statement that a further rate...
Russian and European firms are mulling investments in Lebanon's nascent oil and gas sector as it prepares to launch offshore drilling by the end of 2019, Energy Minister Nada Boustani told AFP in an interview.
"Several big companies have visited Lebanon," she said. "We are talking about Gazprom (Russia), Lukoil...
“Huge inflows of criminal money” are mainly coming into Europe from Russia and China, a top European police official said on Friday, according to Reuters.
Pedro Felicio, European police agency Europol’s chief anti-money laundering agent, told the news agency that Russian money laundering is posing further risk to Europe’s Baltic...
