News
Russia can join top three countries by lithium reserves — governor
Infrastructure is required to implement the investment project, both power transmission lines and the railroad, Andrey Chibis noted.
Trade turnover between Japan, Russia down 42.15% in 2023 financial year
Japan’s export of passenger cars to Russia fell by 7% in 2023 financial year.
Russian Industry Ministry supports higher import duty on wines from NATO countries
"Two hundred or not two hundred, but the duty can and should be increased," Viktor Evtukhov noted.
Sanctions on Russian metal may spark market chaos — London Metal Exchange
The LME recognizes that a consequence of the Amended Sanctions Package may be to cause a degree of market uncertainty, which may then result in market participants warranting Relevant Metal as a safeguarding move.
Russia’s foreign trade surplus up to $31.1 bln in Q1 — Central Bank
Meanwhile, current account surplus rose to $22 bln in Q1 2024 from $15.4 bln in Q1 2023.
Annual inflation in Russia expediting to 7.79% over week — Economy Ministry
"In the nonfood segment, the price growth rate was 0.12% over the reporting week amid the slowdown in the price hike for cars, electric and other domestic appliances," the ministry informed.
PM Mishustin outlines conditions to bring Russian economy to top 4 around the world
According to the Russian prime minister, the first step is to assure an accelerated development of investment in capital-intensive businesses, as well as technological and industrial sovereignty projects.
Russia achieves food security indicators in almost all areas
Subsidized leasing investments amounted to $1 bln, Pavel Kosov noted.
Russia’s Central Bank reports decline in issuance of high-risk consumer loans
The Bank of Russia’s macroprudential limits set for unsecured consumer loans in Q1 2024 will remain in place for the second quarter.
Russia achieves food security indicators in almost all areas
According to data presented by First Deputy Agriculture Minister Oksana Lut at the panel session, agricultural production in Russia has grown by 87% since 2000.