Coronavirus Pandemic Rocks Russian Markets
The combined impact of the coronavirus outbreak and the breakdown of the OPEC+ oil production pact between Russia and Saudi...
Economy
Fitch Affirms Credit Rating of Yamal-Nenets Autonomous District
Credit rating agency Fitch has affirmed the Russian Yamal-Nenets Autonomous District's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at...
Audit Chamber: Pandemic to Remodel Russia’s National Projects
The Russian Audit Chamber has uncovered holdups and glitches in the financing of President Vladimir Putin’s National Projects, which until...
Just before Lockdown, Moscow Awarded $40mn Contract to Politically Connected Firm
A day before Russia’s massive coronavirus shutdown took effect, on March 27, the Moscow Mayor’s office signed a contract reportedly...
Bank of Russia Reverses Gold-Buying Trend in Favor of Dollar
The Bank of Russia, which has been on a gold-buying spree for years, has reversed the trend by first reducing...
NGOs Seek Government Help to Avoid Bankruptcy
Russia’s NGOs have requested a range of anti-crisis measures to support them amid the COVID-19 pandemic, Izvestia reports. These could...