Putin Discusses Oil Price with Trump over Phone
Russian President Vladimir Putin and U.S. President Donald Trump discussed oil and the spread of the coronavirus in a phone call on Monday, and ordered …
Russian Pharmacies Report 20% Jump in Revenue Amid Coronavirus Scare
A 20% increase in revenue in February 2020 year-on-year was recorded by Russian pharmacies, even before the coronavirus pandemic reached its current proportions, Izvestia reported on …
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Volgograd Region Doubles Greenhouse Vegetables Production
The authorities of Russia’s Volgograd Region said this month that 18,560 tons of greenhouse vegetables were produced in the region since the beginning of 2020, …
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Oil Price Hits Lowest Point Since 2002 as Demand Outlook Worsens
The price of Brent oil hit its lowest point in almost 18 years on Monday, as investors feared the worsening global coronavirus pandemic while Saudi …
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Russia Prepares Urgent Measures to Support Consumer Market
Russian Minister of Industry and Trade Denis Manturov has proposed to Prime Minister Mikhail Mishustin a series of urgent measures to support the consumer market …
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Pobeda Is First Russian Airline to Voluntarily Suspend All Operations
In what is seen as a bold move, the low-cost division of Russia’s Aeroflot Group, Pobeda Airlines has completely suspended its operations from April 1 …
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Moscow Imposes General Curfew on Monday as Coronavirus Infection Spreads
All Moscow residents will be required to stay in home self-isolation from Monday, Moscow’s Mayor Sergei Sobyanin said on Sunday, according to Life.ru. “Today, I …
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At Current Oil Prices, Russian Economy Can Hold on for 6 Months: Deputy Energy Minister
Russia will have big economic problems if oil prices stay at $25 for two or three years, Russian Deputy Energy Minister Pavel Sorokin said in …
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Putin Orders Constant Monitoring of Russia’s Economic Parameters
Russian President Vladimir Putin has ordered the government to outline the economic sectors worst hit by the coronavirus outbreak and launch permanent monitoring of the …
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Russia Restricts Grain Exports Amid Coronavirus Risks
Russia’s Agriculture Ministry announced Sunday that the country is limiting its grain exports in response to the growing risks brought on by the coronavirus pandemic, …
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