Russia's total berry production volume in 2018 increased by 1.5% compared with the previous year, breaking the negative trend of 2017, when the figure fell by 5.8%, marketing agency ROIF Expert revealed in a report, according to FruitNews.ru.
The agency’s analysts noted that 65-68% of the total volume corresponds to...
The Russia-Saudi Arabia pact on oil production appears to be on shaky ground despite the possibility of a compromise between the two sides on the amount and means of agreed output cuts, Torbjorn Soltvedt, principal MENA politics analyst at Verisk Maplecroft, said in a note Tuesday, according to CNBC.
According...
The cost of economic sanctions and other trade restrictions imposed by other countries cost Russia $6.3 billion by late 2018, estimates of the Economic Development Ministry presented on Tuesday reveal, according to Gazeta.ru.
These restrictions include anti-dumping duties, licensing, quotas, technical barriers, sanitary and phytosanitary measures and also economic sanctions.
Measures...
Production of the MC-21 passenger jet, which Russia hoped could revive its civil aviation industry, has been delayed for a year due to U.S. sanctions, the head of the state-owned tech conglomerate Rostec said Monday, according to RBC.
"Due to the fact that the Americans have stopped supplying composite materials,...
The Russian rouble gained some value on Monday, helped by higher oil prices in a thin market due to the Presidents’ Day holiday in the United States when federal government offices, stock and bond markets are closed, Reuters reported.
Ar 0740 GMT, the rouble was 0.17 percent stronger against the...
Russia’s Gazprombank has frozen the accounts of Venezuelan state oil company PDVSA and stopped all transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a source from the lender said on Sunday, according to Gazeta.ru.
After the U.S. imposed sanctions against PDVSA in January, many...
U.S. space agency NASA said on Friday it was considering buying two additional astronaut seats aboard a Russian rocket as a contingency plan against further delays in the launch systems being developed by Elon Musk’s SpaceX and Boeing, Reuters reported.
According to the agency, the possible purchase “provides flexibility and...
Turkish construction companies have expressed interest in transport projects in Russia which are part of the Comprehensive Plan for upgrade and expansion of the Russian mainline infrastructure by 2024, transport minister Yevgeny Ditrikh said on Friday at the Russian Investment Forum in Sochi.
"Our preliminary negotiations with Turkish companies highlighted...
One of the most prominent U.S. business executives based in Russia, Michael Calvey, was detained on suspicion of fraud, a Moscow court said Friday, according to CNBC.
Calvey’s private equity firm, Baring Vostok Capital Partners, said that Russian authorities had detained him and three other employees as a result...
A day after the threat of new U.S. sanctions unnerved Russian financial markets, the country’s currency, supported by rising oil prices, steadied against the dollar on Friday, Reuters reports.
The ruble was unchanged against the dollar at 66.66 and traded at 75.20 versus the euro at 0730 GMT. The Russian...
