Climate change is affecting food production. It has already helped Russia to become the world's largest grain exporter, and the nation is anticipated to enhance its positions in the future as agriculture, particularly in Russia and Canada, is predicted to flourish, according to Financial Times.
According to various estimates, the...
After the drilling of an exploratory well in the Sayulita prospecting region of Block 10 offshore Mexico, Russian oil company Lukoil reported a fresh oil discovery. Per the preliminary calculations, the new accumulation's first geological resources may hold up to 200 million barrels of oil equivalent.
According to the firm,...
The President of Turkey Recep Tayyip Erdogan spoke by phone with Russian President Vladimir Putin on Saturday, according to Turkey's Communications Directorate, Daily Sabah reported.
Per a statement, Erdogan praised Putin for allocating five firefighting planes and three additional helicopters to help Turkey battle wildfires throughout the nation.
According to the...
The governor of The Central Bank of Russia has cautioned that inflation would be a long-term problem in her nation, indicating that the bank will maintain its tight monetary policy.
In an interview with the Financial Times, Elvira Nabiullina stated that the central bank's concerns stem from public anxiety about...
Green technological innovation and regulating is a rising trend for Russia and the globe overall, and it must be kept in mind in economic policy, according to Russian President Vladimir Putin's aide Maxim Oreshkin.
The presidential aide pointed out that the "green trend" is altering macroeconomics on a worldwide scale, adding...
Two sources stated that VTB will sell its majority share in Rustranscom, a major grain train owner in Russia, to Demetra Holding, a firm that the Russian bank already owns.
VTB utilized Demetra to combine its grain infrastructure and trading businesses, which it had built up through acquisitions in 2019 and 2020, Reuters reports.
Rustranscom...
Russia's GDP has rebounded to pre-crisis levels, but it remains below potential, according to aide to Russian President Vladimir Putin Maxim Oreshkin, who spoke to the Rossiya 24 TV station.
Despite the fact that the Russian GDP has rebounded to pre-crisis levels, it is still below potential. That implies there are...
The decision by U.S. President Joe Biden not to obstruct the building of the Nord Stream 2 gas pipeline has spurred new attempts in the U.S. Congress to stop it.
To oppose the action by the secretary of state, a group of Republican Senators is attempting to reject the president's...
The European Union will never be able to influence Russia's foreign policy; its sanctions are not only useless but also harmful to Europe, said Leonid Slutsky, Chairman of the State Duma's international affairs committee, on Thursday.
The State Duma is Russia's lower chamber of parliament.
Slutsky was responding to a recent...
Online financial transactions are used by three-quarters of the Russian adult population (almost 75 percent of those questioned). Per a poll carried out by the Bank of Russia in May 2021, this number grew by 20%.
In the previous 12 months, more than 75% of the Russian adult population has used...
