Russia's Audit Chamber, recently headed by heavyweight policymaker Alexei Kudrin, is demanding a broader mandate to fight corruption, to position itself as a know-how centre and the go-to anti-corruption institution in the country, Kudrin has said, according to Rossiyskaya Gazeta.
Analysts were disappointed when Kudrin accepted the job as head...
A number of investments from western countries in Russia are on hold, but the situation is more than made up for by new investors from Asia, an annual survey by multinational professional services firm EY reveals.
According to the survey, foreign investors put up capital for 238 projects in 2017...
The United States Department of State could impose sanctions against Russian businessman and AFK Sistema key beneficiary Vladimir Yevtushenkov under the Countering America's Adversaries Through Sanctions Act (CAATSA), Republican Congresswoman Ileana Ros-Lehtinen wrote on her Twitter account.
Ros-Leitinen together with Senator Mark Walker sent an appeal to the heads of...
Venezuela's state oil and gas company PDVSA cut its debt to Russia's top crude producer Rosneft by $400 million in the second quarter to $3.6 billion as of the end of June, Rosneft's second-quarter results presentation showed Tuesday, according to Fomag.ru.
Rosneft agreed prepayment deals for crude and products deliveries...
Frequent rain and high air humidity in July resulted in too wet topsoil in Russian grain fields, which has locally caused a dangerous agrometeorological event such as “excessive soil moisture content at the time of grain harvest,” UkrAgroConsult reports.
The European part of Russia was dominated by warm weather (up...
Russia's economy is able to withstand even the unlikely scenario of the U.S. expanding its economic sanctions on the country’s sovereign debt, Bloomberg reported on Monday citing the Senior Vice President of International credit rating agency Moody’s, Kristin Lindow.
Lindow said that the Russian government’s measures to reduce investment in U.S. treasuries...
Russian veterinary and phytosanitary watchdog Rosselkhoznadzor said on Monday that the country has started supplying wheat to Brazil for the first time in eight years, Interfax news agency reports.
"The first lot of Russian wheat amounting to 26.2 thousand tonnes was shipped to Brazil from the Kaliningrad Region for the first...
Russia has destroyed more than 26,000 metric tons of food in the three years since the country’s government launched an embargo on imported agricultural products from Western countries in retaliation for U.S. and EU sanctions, Interfax reports.
The Kremlin ordered the physical destruction of food from the Western countries that...
The first ever fuel loading of Akademik Lomonosov, the world’s only floating nuclear power unit (FNPU) so far, has beguns in Russia’s port of Murmansk, The Barents Observer reports.
After getting necessary permission from regulatory body Rostechnadzor, the Akademik Lomonosov will be based at Pevek in the Chukotka peninsula and...
Russia’s mobile applications market saw the largest market share growth year over year in the world from 2016 to 2017, despite the country having a smartphone penetration of just over 54%, says a recent report by market researcher Newzoo.
According to the report, the country’s app market, with its 84...
