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Business in Russia
Russian government to terminate mineral extraction tax privileges
Finance Minister Anton Siuanov emphasized that the privileges provided do not reflect the real degree of depletion of the fields, the calculations are still based on information based on data for 2006.
Business in Russia
Business in Russia
Decline of Russia’s GDP is 8% yoy in 2Q, 3.4% yoy in 1H 2020 - statistics service
Under the current prices, the volume of GDP is estimated at 48.606 trillion rubles $644 bln) in the first half of 2020.
Business in Russia
Press release on Foreign Minister Sergey Lavrov’s telephone conversation with Foreign Minister of Malaysia Hishammuddin Hussein
Press release on Foreign Minister Sergey Lavrov’s telephone conversation with Foreign Minister of Malaysia Hishammuddin Hussein.
Events
Russians increase spending on domestic tourism 1.5-fold in second half of summer
One of the growth factors of the segment was the program with cashback for trips across Russia, launched by the government this year, according to the bank.
Business in Russia
Russia can increase its global oil market share due to reduced competition
A reduced competition between producers is a result of a decline in investments in the industry.
Business in Russia
Putin, Saudi king discuss production of Russian COVID-19 vaccine
On August 11, Russia became the first country to register a coronavirus vaccine, which was named Sputnik V.
Business in Russia
BRICS countries note importance of Bioweapons Convention compliance and strengthening
The statement, adopted after the ministerial video conference that took place Friday, notes that efforts to resolve issues, connected to implementation of agreements, "must take place within the BWC framework".
Business in Russia
Technology growing increasingly fast in modern world, says Putin
According to him, the world in not easy now and is becoming more and more complicated now.
Business in Russia