Russia's Central Bank has announced its highest interest rate rise in seven years, as the regulator struggles to keep inflation under control.
The Central Bank agreed to boost its benchmark interest rate by a full percentage point during a rate-setting meeting in Moscow on Friday, bringing it back above pre-coronavirus...
Central Bank of Russia raised its key interest rate to 6.5 percent on Friday to combat persistently high inflation, and said that even after the 100-basis-point rise, which was the largest since late 2014, more rate hikes were attainable, Reuters reports.
Russia began a monetary tightening cycle this year to...
According to Russian Foreign Minister Sergei Lavrov, the West is attempting to create a zone of instability surrounding Russia by utilizing Belarus and Moldova in particular.
"Naturally, they devolve into blatant forgeries. All of this must be considered. They are attempting to build a ring of insecurity around us, compelling...
The global political system is progressively moving its center of power away from the Euro-Atlantic area and toward other parts of the globe, and this cannot be ignored, Russian Foreign Minister Sergey Lavrov said on Friday during a webinar on Russia's foreign policy.
"Not only in the Asia-Pacific area are...
The final clinical trial findings for the Sputnik V vaccine will be available in October. The findings of additional Russian vaccination studies will be available by the end of 2021 - early 2022, according to Russian Health Minister Mikhail Murashko on Friday.
"Today, the observation is being completed; by October,...
The Russian oil company Lukoil has discussed a partial sale of its investment in West Qurna 2 with Iraqi officials, but the Oil Ministry of Iraq has urged that Lukoil continue to participate in the project, according to Vagit Alekperov, President of the Russian oil major.
"We informed of...
In light of disclosures that Israeli-made Pegasus anti-terrorism malware was used to monitor politicians, journalists, and activists throughout the world, the Kremlin sees no need to take further security precautions.
Russian nationals do not appear to be included in a leak of over 50,000 phone numbers from 45 countries, according...
According to Russia's Central Election Commission (CEC) Chairperson Ella Pamfilova, over 45,000 candidates have already been nominated for the forthcoming elections at all levels on the single voting day in September.
"In 85 Russian regions, up to 4,407 election campaigns and referendums are planned. A total of 45,696 candidates, including...
The expanded Troika grouping, which includes Russia, the United States, China, and Pakistan, has convened eight times since 2019, with the most recent meeting taking place on April 30 in Doha. Following the April conference, a joint declaration called on the Taliban to “reduce the degree of violence” in the...
