Russia to face decade of oil price at $50
Russia’s Economic Development minister Maksim Oreshkin said that the ministry expects the oil price to slip to $50 per barrel by 2025-2030 and stay at that level long-term. According to him, this trend is …
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Medvedev: Russian government to support companies that fall under sanctions
The Russian government is ready to support companies that will fall under the new US sanctions, Russia's Prime Minister Dmitry Medvedev said. "All this is unpleasant and, of course, will force us to make …
Russia introduces sensational sanctions against Ukraine
Russian Prime Minister Dmitry Medvedev signed a government decree introducing special economic measures against 322 Ukrainian citizens and 68 companies, according to the government resolution published on the Russian …
Peskov: Kremlin carefully monitoring situation with gasoline prices
The Russian President’s administration is carefully monitoring the situation with gasoline prices, but it is the Russian government, which is taking concrete measures to solve the problem, the Russian President’s spokesman …
Medvedev clarifies new sanctions against Ukraine
The countersanctions against Ukraine that President Vladimir Putin has ordered the Russian government to elaborate will be endorsed shortly, and relevant resolutions have been drafted, Russian Prime Minister Dmitry …
Putin says state of Russia's economy is positive (VIDEO)
Russian President Vladimir Putin held a meeting with Central Bank officials on economic issues today, according to the Kremlin’s website. The meeting was attended by Presidential Aide Andrei …
Netanyahu and Akimov discuss Moscow-Tel Aviv cooperation
Israeli Prime Minister Benjamin Netanyahu and Russian Deputy Prime Minister Maxim Akimov will met today at the session of a bilateral commission for trade and economic cooperation. At the meeting, the …
Russian oil companies to be obliged to refine oil
Russia's energy, finance and economic development ministries will oblige Russian oil companies to send at least 17.5% of their annual production to domestic oil refineries, according to the instruction given by Russian Prime Minister …
Siluanov on plan on de-dollarization of Russian economy
The plan on the de-dollarization of the country's economy had been prepared and sumbitted to the government, the country's First Deputy Prime Minister and Finance Minister Anton Siluanov said.
Russia not to ban dollar use
Russia’s government doesn't plan to restrict dollar usage in the country, but intends to approve a plan to reduce dollar usage, as the Kremlin steps up efforts to cut dependence on the U.S. currency amid fears of new U.S. sanctions. …
Bill on pension reform adopted in Russia
The Russian State Duma, the lower house of the Russian parliament, has adopted the bill on pension reform in the third and final reading. According to the bill, the age of 65 years would be set as retirement age for men, and 60 years for …
Russia's PM does not rule out expansion of trade wars and sanctions in next 6 years
Russia's Prime Minister Dmitry Medvedev did not rule out the expansion of trade wars and sanctions pressure on Russia in the next six years. Speaking about the coming approval of macroeconomic forecast for the next …
Putin explains retirement age reform (VIDEO)
Russian President Vladimir Putin said in his televised address today that the retirement age for women should be 60 rather than 63, according to the president's official address posted on the Kremlin website. …
Russia's deputy PM on decisions made on sanctioned companies
Russia's government has made virtually all decisions concerning the sanctioned Russian companies, the country's Deputy Prime Minister Dmitry Kozak said. "Today, all necessary decisions with respect to all …
Will Russian oil companies be obliged to send part of output to refineries?
Russia's government has ordered the ministries for energy, finance and economic development to consider obliging oil companies to send at least 17.5% of their annual production to domestic oil refineries, according to a protocol of a meeting …
Russia's Medvedev: U.S. declares war on us
The possible tightening up of U.S. economic sanctions against Russia may be treated as a declaration of economic war, which must be responded by all economic, political and other means possible, Russia's Prime Minister Dmitry …
Siluanov: Russia has tools to maintain financial stability
The Russian government and central bank have the tools to maintain financial stability and would use them if necessary, Russia's Finance Minister Anton Siluanov said. He said in a statement …
Free health care for Russians?
High-tech medical care in Russia will be financed from the federal budget, it was in place in the draft budget and planned to be carried out in the 2020/21 period, Russia's Deputy Prime Minister Tatyana Golikova …
Year of Children's Tourism starts in Russia
The Year of Children's Tourism will be held in Russia in accordance with the 2018-2020 plan of events in the framework of the Decade for Childhood. A relevant order is published on the website of the Cabinet. The Ministry of …
Russia's government raises retirement age and VAT
Russian Prime Minister Dmitry Medvedev said the retirement age and value-added tax (VAT) will be raised in Russia. The PM said that the Russian government proposed to raise the retirement age to 65 for men …
