The Russian government’s Analytical Center and the Digital Development and Mass Communications Ministry have drafted a “Digital Economy” initiative that would reduce the share of Russian domestic Internet traffic routed through foreign servers to less than five percent by 2024.
According to Kommersant business daily, the program calls for the introduction of...
The U.S. Energy Information Administration (EIA) said in a monthly report that for the first time ever, U.S. crude oil production is expected to average more than 12 million barrels per day late next year, Reuters reported.
Recently, U.S. oil production has soared recently, driven by technology advances in shale formations tapping. American oil output...
Russian agriculture markets research and consulting company SovEcon announced it has cut its forecast for Russia’s 2018 grain crop to 113.9 million tons from 118.6 million tons due to dry weather.
Wheat output is forecast at 69.6 million tons, down from 72.5 million tons, while barley was revised downward to 16.9...
Representatives of Russia and Japan have been engaged in dialogue over how to mitigate the adverse impact of U.S. tariffs on the bilateral trade, Russia’s trade envoy in Tokyo Sergei Egorov told TASS in an interview on Tuesday.
"Russia and Japan follow WTO rules and the maximum possible elimination of obstacles...
Russian state nuclear corporation Rosatom has not received a letter from Kiev requesting to meet and discuss the resumption of a project to build a joint Russian-Ukrainian facility to produce nuclear fuel, a company spokesperson has said.
"We have not received a letter with a request to meet for further...
Russia's trade surplus surged 42.6 percent year-on-year to 81.4 billion U.S. dollars in the first five months this year, the Russian Federal Customs Service said Monday, according to Russian news outlet RNS.
Russia's trade turnover amounted to 273 billion U.S. dollars in the January-May period, up 23.3 percent from the...
The possibility of more Western sanctions against Moscow is the key risk for the Russian economy, as much of 21 percent of which has already felt the impact of existing sanctions, Russia's Analytical Credit Ratings Agency said in a report on Tuesday, according to RIA news agency.
Having dented incomes of...
The largest indoor waterpark in Russia, LetoLeto Water Park, has opened in Russia’s Tyumen region, local media reported.
Water slides in the aqua park were installed by Polin Waterparks, a Turkish company which is a global leader in water slide technology. Polin opened an office in Russia several years ago...
Chinese smartphones are growing more popular in Russia, accounting for nearly one-third of the Russian market, RIA news agency reported, citing a survey conducted by Russia electrics retailers Svyaznoy and Euroset.
In terms of units sold, sales of Chinese brand smartphones including Huawei, Lenovo, Meizu, Xiaomi, ZTE and LeEco, rose...
A delegation of 30 South African farming families has arrived in Russia's Stavropol region, known for its agriculture, Rossiyskaya Gazeta reports. The white farmers, descendants of Dutch colonizers in South Africa, are known as Afrikaners, and they have been facing violent attacks and death threats at home.
According to the delegation, up...
