News

Bank of Russia to post projected key rate path first time on April 23
The regulator can publish the key rate path in future but only if a proper format is found, Central Bank chief Elvira Nabiullina said earlier.
Business in Russia
Putin Announces New Cash Handouts, Familiar Policies in Pre-Election Pitch
Bonuses for families were top of the agenda in a state of the nation address focused on Russia’s domestic problems.
Business in Russia
Russia's GDP up 0.5% in March after 2.5% decline in February
The dynamics of Russia's GDP went into positive territory in March 2021 for the first time since March last year.
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Asian Infrastructure Investment Bank points to changes in strategy
According to an analyst, the epidemic "taught AIIB many lessons".
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Russian Markets Shrug Off New Sanctions
The ruble and stock market have recovered, but risks remain.
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Central Bank doesn’t see risks of Russia being unplugged from Western payment systems
On Tuesday, the Kremlin spokesman said that he did not exclude the risk of Russia’s disconnection from Western payment systems.
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BRICS works to expand New Development Bank membership
Russian Deputy Foreign Minister and Russia’s BRICS Sherpa Sergey Ryabkov said that, despite different culture, history, and development trajectories, all BRICS countries are united by "interest in working on a positive agenda, helping each other to cope with the problems that arise, and together influencing global processes towards their stabilization".
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Putin tasks tax service with monitoring investment activity of Russia's corporate giant
The Federal Tax Service is to report to President on that issue by September 15, 2021, and in the future - to provide reports on a quarterly basis, according to the document.
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Unemployment rate in Moscow in 2020 one of lowest among world's largest cities
The international group Euromonitor conducted a study that showed that in 2020 the unemployment rate in Moscow, calculated according to the methodology of the International Labor Organization, was 2.5%.
Business in Russia