WTO future in doubt?
Kremlin Spokesman Dmitry Peskov commented on Washington’s possible withdrawal from the World Trade Organization (WTO). According to him, it would make the organisation's further existence meaningless. …
Ruslan Grinberg
Russian experts on results of Davos forum
Issues will be resolved only when we approach the collapse
Economic Development Ministry predicts Russia 3 years of growth
Russia's Ministry of Economic Development has published a new prediction of the economic situation for the next three years, assuming the Western sanctions will remain in place to the end of this period. This year, the economy …
Russia refuses dollar debts
The role of the dollar in Russia's external debt has reached 60%, declining to a minimum since 2014, according to the Russian Central Bank's data, published today. A stable decline in the share of the dollar has been observed …
Russian banks hit record profits
The Russian banking sector's profits in the first half of this year exceeded 750 billion rubles, which is a historic high for the Russian Federation, according to the Bank of Russia's information and analytical material for the …
Siluanov: Russia to face difficult years
Russia will face difficult times in 2018 and 2019, the head of the Russian Ministry of Finance Anton Siluanov said on the sidelines of at the St. Petersburg International Economic Forum. "We will have to go …
Will minimum wage and subsistence minimum be equal in Russia?
Russian President Vladimir Putin considers the Russian government's plan to raise the minimum wage up to the minimum subsistence level a serious step. At the meeting with the Chairman of the Federation of …
Will Crimea become offshore zone?
Crimea’s government is considering setting up an offshore zone on the peninsula, the head of Crimea Sergey Akksenov said. "The idea is only being discussed,” including by the Russian Ministry of …
Azerbaijan becomes promising partner of Russia, economists say
From the economic point of view, Russia sees Azerbaijan as a modern perspective partner, cooperation with which has a significant potential, the president of the Foundation for Economic Research, Mikhail Khazin, the scientific …
Economic contacts between Armenia and Russia have non-economic reasons
From the economic point of view, today, Armenia is primarily an ally in Eurasian integration projects for Russia, while the bilateral cooperation between the countries is tied by several factors, president of the …
Economists: Georgia needs relations with Russia
The development of relations with Russia is the most reliable choice for today's Georgia, which can allow the country to restore its economy and raise citizens’ standard of living, President of the Foundation for Economic Research, …