News

Russia ready to export tens of millions of tonnes of grain if West lifts bans — MFA
Maria Zakharova stressed that "it is Washington, Brussels and London that are doing everything to really artificially escalate the situation" with the export of grain.
Too early to speak of effect of Russian default on Japan’s economy — Finance Ministry
Tokyo will continue monitoring the situation on the market, Shun’ichi Suzuki noted.
Russian seaborn oil product exports down by 1 mln bpd through mid-June – IHS Markit
In February, Russian maritime exports of oil products amounted to just under 3 million b/d, while in June - 1.9 million b/d.
Bank of Russia calls transition to settlements in national currencies vital
It is extremely difficult to instantaneously restructure the entire settlement system from yesterday's reserve currencies, the regulator's first deputy governor Vladimir Chistyukhin stressed.
BRICS leaders to discuss dedollarization efforts, group’s expansion
There also are plans to discuss pressing global and regional issues.
Russia will continue to supply grain, fertilizers and energy carriers — MFA
According to Maria Zakharova, by the end of the year, Russia will be able to supply about 25 million tonnes of grain and at least 22 million tonnes of fertilizers to the international market.
Price of Russian Urals oil to reach $80.1 per barrel in 2022 - forecast
The average price of Urals oil in May 2022 increased by 18% year-on-year and amounted to $78.81 per barrel, the ministry reported.
BRICS summit to give impetus to economic, security cooperation, says Russian envoy
The summit agenda has been drafted keeping in mind the current world developments.
Russia must comply with international standards, rules of trade — official
Russia should not develop its own technical standards in order to remain an international player, Alexey Kurdin believes.
Russian finance ministry to consider claims to Russia-2022 Eurobonds satisfaction
The delay in the payment solely because of illegal actions of foreign financial mediators is considered by some investors as a consequence of intended use of borrowed funds by issuer beyond the established time limit, the statement reads.