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Happy Malaysia Independence Day 2020
Happy Malaysia Independence Day 2020
Events
OPEC countries fulfill their obligations under oil production cut deal by 97% in July
The oil production increased by 0.98 million barrels per day.
Business in Russia
Russian Economy Shrank 8.5% in Second Quarter
Fall in GDP is less severe than government and Central Bank feared.
Business in Russia
Russian COVID-19 vaccine to enter circulation on January 1, 2021
Russia’s Health Ministry has registered the vaccine against the coronavirus infection developed by the Gamaleya Research Center as a solution for injections. It will appear in circulation starting on January 1, 2021, the website of the State Register of Pharmaceuticals reported on Tuesday.
Business in Russia
About 20% of restaurants closing in Russia after end of self-isolation regime
About 20% of Russian catering establishments were forced to close by the beginning of the third stage of lifting all restrictions related to the pandemic, Sergey Mironov, Vice-President of the Federation of Restaurateurs and Hoteliers of Russia (FRHR), public ombudsman in the restaurant business at the office of the Ombudsman for the Protection of the Rights of Entrepreneurs in Moscow, told TASS.
Business in Russia
Fitch affirms Russia’s sovereign rating at BBB, outlook stable
Russia’s Finance Minister Anton Siluanov told reporters that the move demonstrates the sustainability of Russia’s macroeconomics.
Business in Russia
Online retailer Ozon, car dealer Avtomir to launch first online car sales via marketplace

At the launch stage, sales of new cars will be carried out in Moscow and the Moscow region.
Business in Russia
Which Countries Are Open to Russians – and Vice Versa?
Russian authorities could resume all international flights with countries that grant reciprocity as early as Aug. 11, the state-run TASS news agency cited aviation industry sources as saying Saturday.
Business in Russia
Russia supplies Avifavir anti-coronavirus drug to more than 15 countries
Avifavir is one of the two registered COVID-19 drugs in the world.
Business in Russia
Coronavirus sends income for Russia’s entrepreneurs to lowest level on record
Russians’ income from business activity has fallen to a century low.
Business in Russia