News
Russia’s Economy Set to Face Old Problems in New Year
After a swift recovery from the coronavirus recession, the Russian economy is facing a familiar set of challenges.
Russia ready to boost production and supplies of gas to meet demand in EU — deputy PM
Alexander Novak mentions that the increase of production is complicated by the EU policy sought to reduce the demand.
Growth of loan rates will be lower than inflation rate growth - Bank of Russia
Speaking about the cost of housing, the head of the regulator made a forecast that the growth in housing prices would significantly slow down.
Demand for Russian goods abroad grows by 81% in December - Wildberries marketplace
According to the marketplace, the increase in demand was the highest for Russian-made jewelry, dishes and cutlery and hair accessories.
Russia to increase oil production in 2022 to 540-550 mln tonnes — Novak
According to the Deputy Prime Minister, the oil demand in the world will reach the pre-crisis level by the end of 2022.
Russian economy more prepared for pandemic shocks than other countries — Putin
According to the President, economic decline rate was 3%, which is much lower than in many leading economies in the world.
Russia to produce over 1,000 aircraft until 2030, says Industry and Trade Minister
Denis Manturov noted that currently, in addition to the development of SSJ 100 and MC-21 aircraft, the production of light-engine aircraft is expanding in Russia.
Fully biodegradable food packaging developed in Russia
It is made of laminated cardboard, which decomposes in soil in six months.
Bank of Russia sharply raises key rate by 1 percentage point to 8.5% per annum
If the situation develops according to the baseline forecast, a further key rate increase is possible at the upcoming meetings.
Expanding CoviVac vaccine production will cover Russia’s demand and other countries
Inactivated virus-based COVID-19 vaccine CoviVac was registered by the Russian Ministry of Health on February 19, 2021.