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Global de-dollarization impossible to stop, says Duma speaker
In particular, it was stressed that the US dollar is not backed by any real goods and resources.
Business in Russia
Japan’s ban on Russian gold imports comes into force on August 1
Restrictions on the purchase of Russian gold were approved by the Japanese government on July 5.
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Russia to continue exporting food, fertilizers to Africa, Lavrov says
Russia is taking all the necessary measures in this regard, Russian Foreign Minister pointed out.
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Abolishment of EU restrictions for Russian banks will be recognition of mistakes — expert
It is added that deliveries of Russian grain and fertilizers to the Middle East and Africa are vital for these regions.
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Russia will not supply oil if price cap is below production costs — Deputy PM
"It means that we will not simply run at a loss," the official said.
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Putin urges creation of mechanism to help large domestic companies attract private capital
Speaking at a meeting of the Council for Strategic Development and National Projects the President noted that many Russian fast-growing technology companies, such as Ozon or Yandex, had financed their development by attracting resources from Western financial markets.
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Mongolian PM expects Power of Siberia 2 construction to begin in 2024
Oyun-Erdene Luvsannamsrai noted that the final route of the line through Mongolia was still being "deliberated".
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Canada imposes new sanctions on Russia’s oil and gas sector, chemical industry
Minister Counselor at the Russian Embassy in Canada Vladimir Proskuryakov told TASS the sanctions were counter-productive and would entail negative effects for Canada as well.
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Sokolov becomes first Russian jewelry brand entering China’s market
More than 130 models of Sokolov watches for men and women will be available for buyers in China at the first stage of cooperation.
Business in Russia
Business in Russia