News

Five Russia’s Arctic zone airports to be reconstructed by end of 2024
Pevek, Arkhangelsk and Chersky - will be commissioned this year, while two airports - Murmansk and Berengovsky will be commissioned next year.
Business in Russia
Russian finance minister says inflation in 2024 projected at 4.5%
Earlier, the Economic Development Ministry pointed out that it maintained its inflation forecast at the end of 2023 at 7.5%.
Business in Russia
Annual inflation in Russia down to 7.52% — Economy Ministry
It is reported that the price hike was 1.94% for fruits and vegetables.
Business in Russia
Brent price drops to $77 per barrel on ICE first time since November 16
At the same time, futures for WTI oil with January delivery decreased by 1.33% to $72.08 per barrel.
Business in Russia
Bank of Russia calls factors of recent ruble strengthening fundamental
There was a small decrease in importer demand for foreign currency, the regulator said.
Business in Russia
Average maximal interest rate on ruble deposits reach 13.64% in late November
Deposit interest rates are monitored by the regulator in Sberbank, VTB, Gazprombank, Alfa-Bank, the Credit Bank of Moscow, Tinkoff Bank, Sovcombank, Bank FC Otkritie, Promsvyazbank, and the Russian Agricultural Bank.
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Rosatom CEO, IAEA head agree to hold consultations on Zaporozhye NPP in early 2024
The sides discussed the work of the IAEA mission at the plant and the upcoming next rotation of the agency's experts, scheduled for December 5, 2023.
Business in Russia
Russia plans to create logistics hubs in Algeria, Senegal — Industry and Trade Ministry
Roman Chekushov added that the work is underway for the hub to make it possible to attract partners from China to work together in Africa.
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the 2nd Meeting of the Joint Russia-Malaysia Commission for Economic, Scientific, Technical, and Cultural Cooperation
the 2nd Meeting of the Joint Russia-Malaysia Commission for Economic, Scientific, Technical, and Cultural Cooperation.
Events
Incremental growth of Russian gas reserves reaching 305 bln cubic meters in H1 2023
According to the regulator, fourteen new hydrocarbon fields were booked, including one major gas condensate field in the Caspian Sea area.
Business in Russia