Wednesday, June 23, 2021
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...
Russia’s retail major Magnit is finishing negotiations on the purchase of SIA Group, one of the five biggest pharmaceutical distributors in the country, using its own shares for the transaction, according to RBC. The transaction will be closed after obtaining consent from the Federal Antimonopoly Service. Further consultations on the...
The wife of a former Russian finance minister has become the biggest ever female political donor in the UK after donating hundreds of thousands of pounds more to Boris Johnson's Conservative party, Business Insider reports. Lubov Chernukhin, who is married to former Russian finance minister Vladimir Chernukhin, donated £325,000 to...
Russians are generally satisfied with their lives, but they find the economic situation in the country disturbing their comfort, a recent poll conducted by the Russian Public Opinion Research Center shows, according to Izvestya. The survey has shown that 58% of the respondents are satisfied with their lives, while 21% said they...
Exports from Egypt to Russia in the first four months of this year increased by 41% and reached $284 million, compared to $201 million during the same period in 2017, according to Minister of Trade and Industry Amr Nassar. According to Reuters, Nassar said that the large increase in Egyptian...
Morgan Stanley initiated a long Russian ruble position against a 50-50 basket of the dollar and the euro it said on Monday, targeting a 6% rise in the Russian currency, according to Reuters. “We think it’s time to get back into Russian assets,” the U.S. investment bank’s analysts said in...
Russia's economy minister has said Moscow will retaliate against the United States for tariffs it imposed on imports of steel and aluminum, Economic Development Minister Maksim Oreshkin said according to TASS. In a statement on Tuesday, Oreshkin said additional tariffs will hit a range of U.S. imports to Russia. "Russia is...
Russia and Pakistan reached a deal on the settlement of mutual financial claims and commitments on operations from the time of the former Soviet Union, with Pakistan agreeing to repay the debt of $93.5 million to Russia, RBC reports. The document was inked by Russia’s Deputy Finance Minister Sergei Storchak and...
Last week, on March 25, a regular meeting of the Board of Directors of Sheremetyevo International Airport JSC (SIA JSC) was held in correspondence form. At the meeting, among other issues, the financial statements of SIA JSC for 2019 were approved, prepared in accordance with Russian Accounting Standards (RAS). According...
It is necessary to carefully study the plans of the West to introduce a minimum corporate tax, Russian President Vladimir Putin said at a meeting with graduates of the Graduate School of Public Administration talent pool program, Russian media reported. During his June European tour, US President Joe Biden discussed...

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