News
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.
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.
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".
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.
Russia in talks to produce anticoronaviral drugs in Latin America
The sphere of application of Russia's joint effort with Latin American countries is rather varied, the top diplomat noted.
Russia Upgrades Economic Outlook on Strong Data
The hit to GDP is expected to be less severe than first thought.
Russian Bank Issues First Crypto-Backed Loan
Cryptocurrency tokens were used as collateral for a personal loan for the first time in Russia.
OPEC countries fulfill their obligations under oil production cut deal by 97% in July
The oil production increased by 0.98 million barrels per day.
Russian Economy Shrank 8.5% in Second Quarter
Fall in GDP is less severe than government and Central Bank feared.
Russian COVID-19 vaccine to enter circulation on January 1, 2021
Russia’s Health Ministry has registered the vaccine against the coronavirus infection developed by the Gamaleya Research Center as a solution for injections. It will appear in circulation starting on January 1, 2021, the website of the State Register of Pharmaceuticals reported on Tuesday.