Russia needs to create conditions for unsuccessful businesses to leave the market in order to accelerate economic growth, analysts from Russia’s Central Bank suggested in their latest bulletin, according to Vedomosti.
In the document titled "What the Trends Say", the analysts note that the most effective 10% of Russian companies contributed...
Sheremetyevo International Airport bids farewell today to the players and fans of the 2018 FIFA World Cup. For the past month, Sheremetyevo International Airport witnessed about 33 800 takeoff and landing operations (+16 percent as compared with the same period of 2017) and 4.7 million passengers (+11 percent as...
Moscow and Kyiv officials are set to gather in Berlin on Tuesday for EU-backed talks on the future of the transit of Russian gas through Ukraine in a bid to minimize disputes when the current contract expires next year, RFE/RL reports.
Russian gas giant Gazprom has already dramatically reduced the volume of...
Russian President Vladimir Putin has said that his country and the United States have common interests in the global energy markets, which can lead to cooperation in regulating energy prices, TASS reports.
"I believe that we as the largest oil and gas powers, and the United States is such a...
The FIFA 2018 World Cup in Russia has ended, leaving memories in the host country of not only the national team making the quarterfinals but also the quality of the event’s organization, Vedomosti reports.
According to FIFA President Gianni Infantino, this was the "best World Cup so far.” The Chairman of...
Global stocks weakened slightly Monday, with investors adopting a cautious stance to trading ahead of a today's summit in Helsinki between U.S. President Donald Trump and Russian President Vladimir Putin, CNBC reports.
The development comes in the wake of a weaker-than-expected data from China that suggest growth in the world's second-largest...
Russia has come under nearly 25 million cyberattacks targeting its critical information systems and infrastructure during this year’s soccer World Cup tournament, President Vladimir Putin has said, according to RIA.
Speaking at a meeting dedicated to the security of the World Cup, Putin thanked the representatives of 55 special services...
The Russian government plans to use additional revenues from increasing the value-added tax (VAT) from 18% to 20% for financing infrastructure, health care, and education, Finance Minister Anton Siluanov said on Sunday in an interview with Channel One.
According to the preliminary calculations by the Ministry of Finance, the additional revenues will...
Russian-Bangladeshi nuclear cooperation could strengthen soon, as the Asian country announced its intention to construct the second nuclear power plan in the country’s south, Russia's Deputy Prime Minister responsible for the military-defense complex Yuri Borisov said on Saturday at the beginning-of-works-ceremony of the second power unit of the Rooppur...
