News

Russia’s budget expenditures on national projects total 99% as of January 1 — ministry
It is reported that execution of federal budget expenditures on the implementation of national projects as of January 1, 2024, amounted to 2.983 trillion rubles.
Business in Russia
Average maximal interest rate on ruble deposits moves to 14.79% in early January
The Central Bank of Russia said earlier that it would keep an eye on cases when the bank’s interest rate for ruble deposits is more than 2 percentage points higher than the average one for ten monitored banks.
Business in Russia
Annual inflation in Russia reaching 7.44% in early January — economy ministry
The price growth in the consumer market slowed down during the first week of 2024 to 0.26%.
Business in Russia
Russian Finance Ministry to mainly float fixed yield bonds in 2024
The ministry is eyeing an option of offering yuan-denominated OFZ bonds for a long time.
Business in Russia
Unique New Year and Christmas celebration in Russia
Unique New Year and Christmas celebration in Russia.
Events
Russia becomes Europe’s first economy despite 'pressure from all sides,' Putin says
"We have left all of Europe behind in terms of purchasing power parity but as for the per capita indicator, we need to work harder," the Russian leader stressed.
Business in Russia
Russia accounted for 40% of Chinese car export growth in 2023
Chinese car exports surged to a record high level owing to the Russian market, making it possible for China to outpace Japan as the top global vehicle exporter, WSJ reported.
Business in Russia
Prosecutor-General's Office notes rising number of online reports justifying extremism
The focus of anti-Russia publications has recently shifted to propaganda and justification of extremist actions by certain citizens, the press service of the supervisory body asserts.
Business in Russia
American investor expects Russian economic growth to be above 2% in 2024
CEO of the American investment company Navigator Principal Investors Kyle Shostak also believes that in 2024, "activity on the Russian securities market will increase, trading volumes and new issues on the Moscow Exchange will only increase".
Business in Russia
Russia's GDP expected to grow by 3.5% in 2023
The Russian leader also stated that GDP growth in Armenia will be more than 9% for the first nine months of this year, over 5% in Kazakhstan, more than 4% in Kyrgyzstan, and 3.5% in Belarus.
Business in Russia