News
Putin creates interdepartmental commission for assistance to international development
The deputy head of the presidential administration chairs the Commission.
Playing both sides: Russia has no plans to reduce natural gas production but also seeks to become world leader in hydrogen fuel
The share of natural gas on the world energy market will grow in the coming decades, and Russia has no plans to dampen down its fossil fuel production. That’s according to Alexander Novak, the country’s energy minister.
Kremlin says macroeconomic environment in Russia stable despite depreciation of ruble
The Kremlin spokesman noted that "now any world currency is under serious negative pressure from a number of circumstances in the global economy".
Russian sovereign wealth fund files documents to register Sputnik V vaccine in Brazil
The Russian Direct Investment Fund, Uniao Quimica Farmaceutica Nacional and the Government of the State of Parana "announce the pre-submission of preliminary documents" to ANVISA, in order to register Russia’s Sputnik V vaccine, "in conformity with the Brazilian regulatory procedures".
Russian hotels lose 60% of sales in October
In September, sales were 41% below last year's level.
Russia’s crude oil exports drop 8% in January-August
Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August, according to Russian federal customs data cited by local cargo analytics outlet SeaNews.
Russian investment fund submits application for accelerated approval of Sputnik V to WHO
The Russian Federation has become one of the first countries to apply to WHO for prequalification of its vaccine against the novel coronavirus infection.
Putin instructs cabinet to develop cost overrun risk criteria for regions for 2021
The order was given following the assessment of costs of implementing measures to overcome the consequences caused by the spread of the new coronavirus infection and their impact on the budgets of the regions.
Bank of Russia keeps key rate at 4.25% for the second time in a row
The recovery growth of the Russian economy is slowing down amid a decline in domestic demand and the worsening of epidemiological situation, the Central Bank said.
Putin calls on businesses to abide by anti-coronavirus rules to avoid restrictions
Putin assured them that "the government thoroughly evaluates everything ongoing in certain sectors amidst the pandemic".