News
Russian GDP outlook for 2022 being revised, says Accounts Chamber chief
There are different estimates made by experts, Alexey Kudrin pointed out.
EU’s sanctions against Deripaska will not influence operations of En+ Group, Rusal
The Russian businessman ceased the majority ownership and control of the group as part of the agreement with the US Office of Foreign Assets Control in 2019, the statement reads.
Bank of Russia cuts key rate to 17% per annum, holds open prospect of further reduction
External conditions remain challenging for the Russian economy, the regulator pointed out.
Sanctions against Russia aimed to provoke panic, says PM Mishustin
The number of restrictions exceeds the numbers of all other restrictions ever imposed on any other country, the Russian Prime Minister stressed.
Sanctions unlikely to make Russian economy collapse in short-term — US expert
The sanctions are doing what they’re meant to: They’re causing low-level, but fundamental, stress on the Russian economy, Philip Nichols, an expert on Russia at the University of Pennsylvania said.
EU plans to agree on new sanctions package against Russia on Tuesday — Borrell
Josep Borrell ruled out a decision to ban gas imports from Russia at the European level.
Baltic states stop Russian gas imports — AFP
Earlier, the Lithuanian Energy Ministry said that it has fully abandoned imports of Russian gas.
Trade between the closest Malaysian neighbor - Indonesia and Russia rises by 40% to $3.3 bln in 2021
Russian producers mainly buy palm oil, machinery and equipment, natural rubber, footwear and cocoa beans and products from them.
EBRD projects Russian GDP contraction by 10% in 2022, zero growth in 2023
The present forecast is highly uncertain, the statement reads.
New package of countersanctions to comprise drug import substitution measures
The center for support of the economy in conditions of sanctions is working in the government almost 24 hours a day, Mishustin added.