Putin Proposes Taxing Dividend Outflows to Offshores
Russian president Vladimir Putin has proposed the introduction of an up to 15% tax on the transfer of dividends to...
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Government to Ground All International Flights From Friday
The Russian government has instructed the Federal Air Transport Agency (Rosaviatsiya) to suspend all regular and charter flights on March...
Russia Plans Minimal Decrease in Greenhouse Gasses Emissions Until 2050
The new Russian climate policy calls for an only 3% reduction in greenhouse gasses emissions until 2050, a goal far...
Government Prepares Second Package of Support Measures for Businesses
The deputy speaker of Russia’s Federation Council (upper chamber of parliament), Nikolai Zhuravlev, said on Wednesday the Russian government is...
Jack Ma Sends Russia Medical Equipment to Help Fight Outbreak
The co-founder of Chinese e-commerce giant Alibaba, Jack Ma, and the company’s foundations said on Wednesday they had sent medical...
Russian Banks’ Credit Rating to Suffer Amid Oil Price Turbulence: Moody’s
The ongoing turmoil in global oil markets is credit negative for banks in the oil-exporting countries of the Commonwealth of...