News

Russia’s GDP slowing down to 2.4% in 2022 — World Bank
Risks to the baseline forecast for Europe and Central Asia remain tilted to the downside, the report shows.
Business in Russia
Novatek signs agreements on LNG supply from Arctic LNG 2 with two Chinese companies
The contract with Zhejiang Energy stipulates the supply of up to 1 mln tonnes of LNG per annum for a term of 15 years, whereas the agreement with ENN Natural Gas stipulates the delivery of approximately 0.6 mln tonnes of LNG per annum within 11 years.
Business in Russia
Kremlin has no plans on regulating social networks in Russia due to events in Kazakhstan
Dmitry Peskov also noted that "the social networks bear just as much evil as good".
Business in Russia
Russia’s Economy Set to Face Old Problems in New Year
After a swift recovery from the coronavirus recession, the Russian economy is facing a familiar set of challenges.
Business in Russia
Russia ready to boost production and supplies of gas to meet demand in EU — deputy PM
Alexander Novak mentions that the increase of production is complicated by the EU policy sought to reduce the demand.
Business in Russia
Growth of loan rates will be lower than inflation rate growth - Bank of Russia
Speaking about the cost of housing, the head of the regulator made a forecast that the growth in housing prices would significantly slow down.
Business in Russia
Demand for Russian goods abroad grows by 81% in December - Wildberries marketplace
According to the marketplace, the increase in demand was the highest for Russian-made jewelry, dishes and cutlery and hair accessories.
Business in Russia
Russia to increase oil production in 2022 to 540-550 mln tonnes — Novak
According to the Deputy Prime Minister, the oil demand in the world will reach the pre-crisis level by the end of 2022.
Business in Russia
Russian economy more prepared for pandemic shocks than other countries — Putin
According to the President, economic decline rate was 3%, which is much lower than in many leading economies in the world.
Business in Russia
Russia to produce over 1,000 aircraft until 2030, says Industry and Trade Minister
Denis Manturov noted that currently, in addition to the development of SSJ 100 and MC-21 aircraft, the production of light-engine aircraft is expanding in Russia.
Business in Russia