1st Bread Congress to be held in Stavropol
Specialists from the Southern and North Caucasian Federal Districts will attend the event
Russian economy
Mishustin reports Russia's economic growth above expectations
Inflation in Russia totaled 9.52% in 2024 but annual growth rates of this indicator are declining for the sixth month in a row, Russian Prime Minister Mikhail Mishustin said at the meeting with President Vladimir Putin. The head of …
Broccoli,Chinese cabbage from Dagestan exported to Russian regions
Dagestan has become the leader among Russian regions in cabbage cultivation
Russia sets record for gas supplies to Europe
Russia continues to fulfill its obligations to supply natural gas to Europe
Russia-Azerbaijan trade turnover rises by 10% in year
Trade turnover between Russia and Azerbaijan reached $4.749 billion in 2024, according to the State Customs Committee of Azerbaijan. In 2023, …
Bank of Russia keeps key rate at 21% after Putin's criticism
Russia’s Central Bank has decided to keep its key rate at 21% per annum contrary to analysts’ projections, noting though that it will assess the need of raising the rate at the next meeting. "On December …
Azerbaijan-Russia Business Council holds meeting in Baku
The meeting of the Azerbaijan-Russia Business Council was held in Baku on December 2. In addition to officials, the event was attended by representatives of more than 90 members of the Council - institutions and organizations working in …
Russia's Central Bank comments on ruble exchange rate
The Russian Central Bank maintains the floating rate policy but if volatility starts posing threat to financial stability, the regulator has tool to mitigate risks, Deputy Governor of the Bank of Russia Philipp Gabuniya said. The key …
Russia to face record key rate hike as ruble tumbles
In 2024, Russia's key interest rate may be raised by two percentage points to 23%, first deputy CEO of VTB Dmitry Pyanov said. "We forecast it will increase in December to 23% and will be maintained …
Russia's Central Bank announces plans to cut key rate
The Bank of Russia may start lowering its key rate next year provided there are no new shocks, the regulator’s Governor Elvira Nabiullina said at a plenary session in the State Duma. "We believe that our policy …
Novak explains how 21% rate affected inflation
The results of the increase in the key rate in Russia are already noticeable, Novak shared. The increase in the rate helped to bring down the growing inflation.
UAE butter arrives in Russia
Russia continues to expand its import of butter from foreign countries
Russia starts importing butter from Türkiye
Several days ago, products from Türkiye began to arrive in the country
Deputy Foreign Ministers of Russia and Türkiye discuss economic issues
The meeting of the Deputy Foreign Ministers of Russia and Türkiye focused on cooperation in the field of economy and energy, as well as issues of interaction within the UN.
Russian Central Bank may increase key rate in October
The Bank of Russia may increase its key rate at the meeting of the board of directors in October, the regulator’s Deputy Governor Alexey Zabotkin said. "We admit the possibility of an increase in the rate at the …
Pension in Russia to become 24,000 rubles in 2025
By the end of 2025, the old-age pension is projected to reach 24 thousand rubles. The amount of accruals next year will increase by 7.5%.
Aksakov: Key rate may rise to 20%
The Bank of Russia may raise the key rate to 20% to return to 4% inflation.
Cooling-off period should be introduced for loans due to fraudsters
There is an increase in credit fraud in Russia
Bryansk, Kislovodsk to be connected by direct trains
Trains will run once a week starting on December 18
Kuban harvests almost 12 mln tons of grain
Almost 12 mln tons of grain were harvested in Krasnodar Krai
