News
Russian Prime Minister names key financial stability factors
National Wealth Fund is "the critical gain, enabling creation of such a safety cushion with the Bank of Russia, which is independently pursuing the monetary policy, that made possible to reliably plan financing of all key functions of the state," Mikhail Mishustin said.
Russia perhaps world's only self-sufficient country in natural resources, Putin says
It is noted that the Far East is the major supplier both to the domestic market and to foreign partners.
Russian economy to return to growth in late 2022 or early 2023, minister says
It is noted that Russia’s GDP contraction is expected at 0.9% by the end of 2023 due to the high base of 1H 2022 in the base scenario.
Consumer lending market in 2022 to recover to figures of early 2022
Earlier, Director of the Banking Regulation and Analytics Department of the Bank of Russia Alexander Danilov said that consumer lending in Russia could grow by no more than 5% in 2022.
Russia counts on more intensive energy cooperation with Japan’s Mitsui
The parties discussed the continuation of the company's work in Russia, including in the Sakhalin-2, Yamal LNG and Arctic LNG 2 projects.
Russian Cabinet directed to transfer 12.5% in new Sakhalin-2 operator to Mitsui — decree
Japan’s Mitsui formally notified Russian authorities about the consent to keep the stake in the Sakhalin-2 oil and gas project.
Ruble up against dollar, euro as foreign currency trading starts on Moscow Exchange
The dollar exchange rate was down by 0.12%, while the euro exchange rate was down by 0.17%.
Iranian leader announces exchange of drafts for cooperation treaty with Russia
It is reported that the document is to be a 20-year agreement.
Individual car imports to Russia rise sharply in June-July 2022 – study
The most popular imported cars, according to Avto.ru research, are Toyota Camry, BMW 3 Series, Mazda 6, Ford Mustang, BMW 5 Series, as well as BMW x5, VW Passat, BMW x3, VW Jetta and Kia Optima.
Russia’s wheat exports projected to drop 20% in July-August, says expert
"Despite numerous statements made by Western regulators about the lack of sanctions against Russian food exports, we are still facing invisible barriers," Chairman of the Union of Grain Exporters Eduard Zernin emphasized.