Friday, September 18, 2020
Moscow will not leave possible new Western sanctions unanswered, Russian Foreign Minister Sergey Lavrov said in an interview with Rossiya 1 TV channel, TASS reported. "The principle of reciprocity in international affairs has not been canceled. We will see what new sanctions will be. We, of course, will react. This...
Russia’s public debt will remain below the level of debt of developing countries, despite the government's plans to bring it to 20% of GDP - this is necessary to ensure macroeconomic stability, according to the experts interviewed by TASS. Earlier, Finance Minister Anton Siluanov said that Russia’s national debt will...
Russian financial markets remain under pressure as talk of sanctions in response to the poisoning of leading Kremlin critic Alexei Navanly ramps up and fears of a second coronavirus wave knock oil prices, The Moscow Times reported. The Russian ruble is still trading at around its lowest level against the...
Russia and Cyprus signed a new deal Tuesday to hike the taxes that Russian companies have to pay on profits they send to holding companies incorporated on the Mediterranean island, The Moscow Times reported. Most Russia-based firms will now have to pay a 15% tax on dividend payments they send...
Turkey’s lira hit new lows on Wednesday as tensions with Greece persisted, while the Russian rouble ended a three-session losing run which was driven by mounting political pressure over the poisoning of Kremlin critic Alexei Navalny, Reuters informed. Market sentiment was fragile as a tech rout extended on Wall Street...
Russia and Cyprus signed a protocol on Tuesday amending the intergovernmental agreement on the avoidance of double taxation with respect to taxes on income and capital, TASS writes. According to the Russian Ministry of Finance, on behalf of Russia the document was signed by State Secretary, Deputy Finance Minister Alexei...
The COVID pandemic has sparked a surge in gold buying, and some analysts suggest that it still has plenty of upside potential, Russia Today writes. The current year is proving to be an annus mirabilis for gold investors, with the yellow metal running riot. Gold prices are currently trading at...
A volume of trade between Russia and China in January and August this year decreased by 3.2% against the same period last year, reaching a figure of $68.62 billion, the press service of the Chinese Customs Service reported, TASS informs. According to data from the Chinese Customs Service, the export...
NATO allies agreed on Friday that Russia must cooperate fully with an impartial investigation to be led by the Organisation for the Prohibition of Chemical Weapons into the poisoning of opposition leader Alexei Navalny, the alliance’s chief said, Reuters reported. Germany, where Navalny is in hospital, has said he was...
Belarusian president-elect Alexander Lukashenko won’t be included on the EU sanctions list above all due to the position taken by Germany as well as by France and Italy, German Die Welt reported on Friday citing its own sources, TASS reported. Berlin, Paris, and Rome stated that "despite all circumstances, connection...