Economy

Galuzin: Moscow is monitoring compliance of Armenia with CSTO norms

Moscow is warning Yerevan against steps that could undermine the economic benefits of the Eurasian Economic Union (EAEU) and is reminding it of its allied commitments within the Collective Security Treaty Organization (CSTO), Russian Deputy Foreign Minister Mikhail Galuzin stated

Галузин Михаил

Central Bank of Russia cuts key rate

Russia's Central Bank published a press release following today's Board of Directors meeting. The decision was made to lower the key rate.

US may lift sanctions on Russian oil

The U.S. Department of the Treasury sanctions on Russian oil will be lifted if the Ukrainian crisis is resolved peacefully, which will contribute to a reduction in global energy prices, U.S. Treasury Secretary Scott Bessent said.

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