Friday, June 26, 2026
Russia has decided to take part in the global trade war, which is gradually gaining momentum, Kommersant reports. Taking cues from China and the European Union, Russia will raise tariffs on imported U.S. goods in response to Washington’s protective measures concerning steel and aluminum supplies, Economic Development Minister Maxim Oreshkin...
Sheremetyevo International Airport has served more than 16 million passengers since the beginning of the year, an 12.4% increase compared to the same period in 2017. According to Flightstats ratings, Sheremetyevo in May again became the leading airport in punctuality among European airports. The indicator of punctuality for departure was...
Russian President Vladimir Putin has said the importance of the route of Russian gas exports to Europe via Belarus is growing. He was speaking at a meeting of the Supreme State Council of the Union State of Russia and Belarus "Given the technical condition of other routes for the export of...
Eight of the 12 stadiums hosting the FIFA World Cup 2018 in Russia have been constructed using Tekla Structures software, American construction software heavyweight Trimble said, according to Russia Construction. According to a statement from the Sunnyvale, California-based company, Tekla Structures is an advanced Building Information Modeling (BIM) tool, which...
Russia already plans to increase oil exports ahead of a meeting with Saudi Arabia and other OPEC producers, the country’s July-September schedule shows, which coupled with increasing refinery runs suggests Moscow is gearing up to raise production, Reuters reports. OPEC and non-OPEC producers are scheduled to meet on June 22-23 in...
Ukraine announced the creation of a group within the European Union aimed to block the construction of Russian gas pipeline Nord Stream 2, RIA news agency reports. The country’s President Pyotr Poroshenko wrote on Monday on his social media pages that Ukraine is currently creating a group within the European Union to...
Russia’s sovereign wealth fund, the RDIF, aims to attract over 7 trillion roubles ($110 billion) from its global partners into infrastructure and technologies, part of its contribution to President Vladimir Putin’s move to boost the economy, Business Times reports. Putin said in May he wants to make upgrading Russia’s often...
The Russian Direct Investment Fund (RDIF) together with partners from Saudi Arabia intends to invest $2 billion in technology projects in 2019, the Fund’s head Kirill Dmitriev said at a meeting with Russian President Vladimir Putin. "RDIF’s partners from Saudi Arabia have already allocated $10 billion and invested two of...
Telegram has filed an appeal against the Russian authorities’ decision to ban the messaging service with the European Court of Human Rights (ECHR), the messaging service’s lawyer Pavel Chikov said on Monday, according to Latvia-based Russian language news outlet Meduza. "In March 2018, Telegram filed an appeal with the ECHR...
Trading activity in the Russian old-crop wheat market continued slowing during past week, with market players switching to new-crop wheat, Vedomosti reported. The current weather situation in Russia’s grain growing regions along with a lag in planting brings uncertainty to the market. Growers will most likely take a wait-and-see attitude...