Economy

Bank of Russia leaves key rate unchanged once again

Bank of Russia leaves key rate unchanged once again

The Bank of Russia has decided to keep the key rate at 16% per annum again. On April 26, 2024, the Bank of Russia Board of Directors decided to keep the key rate at 16% per annum," the statement reads. …

Erdoğan received Bektenov in Ankara

Erdoğan received Bektenov in Ankara

The Prime Minister of Kazakhstan paid a visit to Ankara. Olzhas Bektenov was received by the Turkish President, and also held negotiations on cooperation between the two countries in the field of business and investment. The development of cargo transportation within the Middle Corridor was discussed.

Putin: Key rate to be reduced in Russia

Putin: Key rate to be reduced in Russia

The key rate will decline in Russia, based on economic prerequisites, Vladimir Putin said. Its reduction will also lower interest rates on business loans.

Armenia asks Azerbaijan for gas

Armenia asks Azerbaijan for gas

Armenia is ready to discuss the issue of purchasing Azerbaijani gas, Armenian Parliament Speaker Alen Simonyan said. “If Armenia leans towards buying gas from Azerbaijan, I believe this is a positive …

Russian grain hub could be created in UAE

Russian grain hub could be created in UAE

Russia’s major grain companies are considering the creation of a grain hub in the United Arab Emirates (UAE), Russian Trade Representative to the UAE …

Hungarian Foreign Minister arrives in Baku

Hungarian Foreign Minister arrives in Baku

Hungary's Minister of Foreign Affairs and Trade Péter Szijjártó has arrived in Azerbaijan for a state visit. The FM will participate in the 10th meeting of the Azerbaijan-Hungary Intergovernmental Commission in …

Russia becomes leader in gas supplies to China

Russia becomes leader in gas supplies to China

In February, Russia overtook Turkmenistan in gas supplies to China for the first time. China's gas operators accepted 2.5 billion cubic meters of Russian gas via the Power of Siberia gas pipeline, while Turkmenistan supplied 0.1 billion cubic meters less.

Siluanov: Russia's GDP to exseed IMF forecast in 2024

Siluanov: Russia's GDP to exseed IMF forecast in 2024

Russia's GDP in 2024 is expected to grow at the same rate as in 2023, when it expanded by 3.6%, Russia's Finance Minister Anton Siluanov said. "Russia is careful with the budget balance. Public debt remains at …