Virus Outbreak Could Cost Russian Soccer Clubs $128mn
Russia’s major soccer clubs are losing around one billion rubles a week ($12.8 million) as the championship was stopped due...
Economy
Putin Extends No-Work Order Until End of April
Russian President Vladimir Putin said on Thursday he was extending a national no-work order through the end of April, hoping...
Worst Recession in Decades Threatens Russia, Analysts Warn
The coronavirus crisis could cause Russia the worst recession in decades with millions of workers set to lose their jobs,...
Russian Railways Pulls Out of Iran Projects
State-run monopoly Russian Railways (RZD) has abandoned its infrastructure projects in Iran, the company said on Thursday, adding that the...
Russia Faces Cigarette Shortage as Major Factories Close Due to Pandemic
As major international tobacco companies closed their factories in Russia in line with the government’s efforts to stop the spread...
Russia to Fight Coronavirus Epidemic With $18bn
Russia’s Prime Minister Mikhail Mishustin said Wednesday that the country has allocated almost $18 billion to battle the COVID-19 pandemic,...