Inflationary pressure higher and more persistent than forecast, says CBR, warning of signs of overheating in some sectors.
Russia has been considering the concept of a "sovereign internet”, namely cutting itself off from the World Wide Web.
Raging fires have been an increasing occurrence in Siberian summers, with the trend widely attributed to climate change, which has caused temperatures in the vast Taiga forest to spike each year.
Following cluster of Vienna incidents, US has stepped up investigation into possible attacks made with directed pulsed microwave energy.
The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.
Dismay in Ukraine as agreement allows controversial gas pipeline to be completed without further US sanctions.
Could a Russian tech company ever be targeted by a SPAC, the special purpose acquisition companies that raise money with a list and only then try and acquire a promising company. Russia is about to see its first SPAC.
The good news is that Russia’s economy continues to grow faster than expected. Russia’s Economic Development Ministry has upgraded its growth forecast for this year to 3.8% from 2.8%.
Moscow wants to heavily constrain Washington's scope for action, however.
Russia's Ministry of Industry and Trade will pause the support programme for discounted car leasing worth RUB5bn ($67.5mn), as the car market is seen as overheated, Kommersant daily reported.
After exploding this year, Russia’s producer price index of inflation (PPI) peaked in May but still remains at record highs.
Russian President Vladimir Putin’s personal approval rating remains stable having risen from 65% in April to 67% in May before falling back to 66% in June – a level it has been sitting at for most of the last decade.
Da Vinci Capital, one of Russia’s biggest private equity investors, has been helping its portfolio companies to build up a more international business that will increase their valuation. Now it has launched a new fund that excludes Russia entirely.
German Chancellor Angela Merkel went on her last foreign trip, to see US President Joe Biden, but on the face of it, it seems that the meeting didn't go as well as planned. Or did it?
Kremlin seeks face-saving solution for American fund manager accused of embezzlement and fraud by former partner.
US President Joe Biden and German Chancellor Angela Merkel have failed to find a common position on the issue of the Nord Stream 2 gas pipeline that will allow Russia to bypass Ukraine during a meeting of the two leaders on July 15.
The European Commission has revealed new proposals concerning its Carbon Border Adjustment Mechanism (CBAM), which would regulate carbon certificates for importers to the union.
Russia is facing two decades of stagnation thanks to its shrinking population caused by the collapse of the Soviet Union. But in Ukraine the problem is far worse, as the population has shrunk to levels last seen in the '50s.
Russia’s economy is expected to stagnate for the next two decades because the population is now shrinking. President Putin made fixing the demographic problem a core goal and big successes have been scored, but the problem is too big to fix.
Why buy a car when you can lease one? The option of leasing vehicles is perfect for Russia’s fast growing economy. Europlan has been on the market for two decades and pioneered leasing in Russia.