Consumer Demand in Russia to Drop by 10-15%, Business Ombudsman Expects
Russia’s Business Ombudsman Boris Titov said during an online conference on Wednesday he expects consumer demand in Russia to decline...
Economy
VEB.RF Bails out CSKA Moscow
Russian state bank Vnesheconombank (VEB) last week announced the acquisition of 77.63% of the shares of the professional football club...
New Tretyakov Gallery Postpones Andy Warhol Exhibition Due to Pandemic
Moscow’s New Tretyakov Gallery was supposed to welcome a large-scale exhibition entitled ‘I am Andy Warhol’ on April 24, but...
PwC Predicts 30% Drop in Car Sales in Russia
Sales of new cars in Russia could fall by 30% to 1.14 million units in 2020 amid the coronavirus pandemic...
Russian Art Prices May Halve amid Coronavirus Crisis, Experts Say
All spring art auctions in Russia have been postponed or moved online due to the coronavirus pandemic, with prices of...
Russia Moves up to Fourth Place in Global Weapons Spending List
Russia has moved up to fourth place in the global military spending rankings, Vedomosti wrote, citing a report published by...