While Europe is complaining about high gas and electricity bills, the Chinese people are suffering from power outages, according to Rossiyskaya Gazeta.
According to Alexander Kurdin, an analyst at the Russian Government's Analysis Center, China's usage of energy has exceeded estimates due to a frigid winter and a scorching summer....
Last week, foreign investment in Russian shares hit $190 million, the biggest level in seven months. The Russian economy's reliance on commodities attracts international investors, and the Russian market benefits from growing global commodity inflation.
Russia's indices, which have seen record growth this year, are at their greatest levels...
The Northern Sea Route will have no effect on the Arctic's climate since the fuel used will have as little influence on the region's ecosystem as possible, according to Russian Special Presidential Envoy for Climate Ruslan Edelgeriyev in an interview with Izvestia.
"The Northern Sea Route has little impact on...
The conclusion of long-term contracts with Russia for gas supplies is beneficial to the EU countries and it is necessary to return to this state, French Foreign Minister Clement Bon told French state TV channel France-3.
Russian Deputy Prime Minister Alexander Novak previously named the main mistakes of the EU...
Ukraine does not have enough coal and gas to survive the winter, the Ukrainian Ministry of Energy warned, Russian media reported.
The largest thermal power plants in Ukraine are already shutting down due to a lack of coal. There is not enough gas in Europe, and the EU authorities cannot...
Naftogaz Ukraine is ready to provide additional gas transit from Russia to the EU through the gas transportation system of Ukraine in the amount of up to 55 billion cubic meters per year, Russian media reported.
This would be done with "approximately 151 million cubic meters per day on special...
The head of the political council of the Opposition Platform - For Life party Viktor Medvedchuk believes that an energy crisis has come in Ukraine, and the authorities are not ready to provide the population and enterprises of the country with energy resources, Russian media informed.
“The energy crisis is...
Buckwheat and oatmeal producers have increased prices for buckwheat, oatmeal, and cereals by 10–20% from November, Russian media informed.
In the Altai Territory, one of the main regions for the production of buckwheat, the price of cereals increased over the year from 57 to more than 80 rubles per 1...
The rapid rise in food prices could force the Russian government to introduce food stamps for the country's low-income citizens, Russian media reported.
This is better than simply giving away money that can be spent on other goods, said Valery Mironov, chief economist at the HSE Development Center for Economic...
