Economy & Business
Russian neighbor hikes oil transit levy
Kazakhstan has raised the tariff on transporting Russian oil through its territory...
Western ban on Russian diamonds comes into force
The first phase of the G7 and EU ban on imports of Russian diamonds has come into...
Russian economy is in a ‘structural shift’ – Putin
The Russian economy is in good shape and is rapidly expanding despite pressure from...
Baltic state becomes leading sparkling wine supplier to...
Latvia has emerged as Russia’s largest sparkling wine supplier in the first nine...
Russia scraps import duty on eggs
The Russian government has allowed duty-free imports of eggs in the first half of...
Eurozone economy faces bleak 2024 – FT
Analysts expect the Eurozone to see only modest growth in 2024 despite wages rising...
Frozen fortune: Where is Russia’s $300 billion?
Moscow has warned of a tit-for-tat response to the seizure of the country’s central...
Share of dollar in global reserves nosedives – IMF
De-dollarization is gaining momentum across the globe, according to International...
Egypt-Russia trade soaring – official
The turnover of goods between Russia and Egypt has risen by around one-fourth this...
Russian factory activity humming – survey
Russia’s manufacturing activity in December grew at its fastest pace since 2017,...
Russia’s forex reserves surging
Moscow has already earned double the amount of gold and foreign exchange reserves...
McDonald’s franchise sues Israel boycott movement – Reuters
McDonald’s Malaysia is seeking damages from a movement that called for a boycott...
Gold to hit new highs in 2024 – Reuters
Global economic uncertainty is likely to push gold prices higher in 2024, Reuters...
Iran and Russia officially ditch dollar – media
Moscow and Tehran have agreed to trade in rials and rubles instead of the dollar,...
Russia’s gas production soars – data
Russia produced nearly 60 billion cubic meters of gas in November in annual terms,...
Chemical industry new driver of Russian economy – minister
The Russian chemical sector significantly contributed to the economy in 2023, Moscow’s...
