Moscow Businessman Tries Delivery Job Amid Pandemic to Look at Life From Another Angle
As Moscow enters the third week of a strict lockdown imposed to curb the spread of the coronavirus, a businessman...
Economy
Russia’s National Welfare Fund to Drop to 7 Trillion Rubles by Year-End
By the end of 2020, about 7 trillion rubles will remain in the National Welfare Fund (NWF), said Finance Minister...
Shipping Giant Maersk Launches Cold Store in St Petersburg
The capabilities of the new cold store by global shipping giant Maersk in St. Petersburg are operational and ready to...
Bank of Russia Hints at Big Rate Cut as Virus Crisis Rocks Economy
The head of the Bank of Russia has given her strongest hint yet that the regulator will cut interest rates...
Russia Has Near Zero Foreign Investment so Far this year: Central Bank
Almost no foreign direct investment (FDI) entered Russia in the first quarter of this year, compared to the $10.3 billion...
Sovereign Default Not Possible in Russia, Minister Says
Russia’s Economic Development Minister Maxim Reshetnikov has ruled out the possibility of a sovereign default in Russia similar to the...