News
Western nations agree to disconnect Russian banks from SWIFT
The United Kingdom, Germany, Italy, Canada, the United States, France and the European Commission agreed to impose new "tough financial sanctions" on Russia.
Business in Russia
Russian top diplomat points to declining trust in dollar worldwide
Saudi Arabia already wants to trade in yuan, not in dollars, Sergey Lavrov noted.
Business in Russia
Russian cabinet imposes temporary ban on export of grain, sugar to EAEU, third countries
The grain ban covers wheat and maslin, rye, barley and corn.
Business in Russia
Putin signs law allowing banks to sell gold bars to citizens for currency
The measure will be in effect until December 31, 2022.
Business in Russia
IMF expects deep recession in Russia due to Western sanctions
"The impact of the sanctions is quite severe for the Russian economy," IMF Managing Director Kristalina Georgieva said.
Business in Russia
Around 180 aircraft transferred to Russian register
Aeroflot's newest Airbus A350 aircraft have also been transferred to the Russian register.
Business in Russia
UK bans exports of aviation, space technology to Russia, says Foreign Office
This means cover is withdrawn on existing policies and UK insurers and reinsurers will be unable to pay claims in respect of existing policies in these sectors.
Business in Russia
Sberbank will meet customers’ needs in foreign currency under regulator’s temporary rules
From March 9, the Bank of Russia introduces temporary rules for operations with cash currency for a period of 6 months.
Business in Russia
Russian grain export can drop by 16% to 35 mln tonnes — expert
According to the latest data, Russia already exported 23 mln tonnes of wheat.
Business in Russia
Kremlin not considering nationalization of foreign companies’ property in Russia
Earlier, Dmitry Medvedev did not rule out the nationalization of the property of people registered in the US, the EU, and other unfriendly jurisdictions amid new sanctions against Moscow.
Business in Russia