life in Russia

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Medvedev knows how to 'warm up' Russian economy

Medvedev knows how to 'warm up' Russian economy

National Projects will influence on domestic economy over time but measures should be taken to warm it up already this year, Russia's Prime Minister Dmitry Medvedev said. "Growing investments within the …

Peskov: it's incorrect to state growth of poverty in Russia

Peskov: it's incorrect to state growth of poverty in Russia

It is impossible to speak about the growth of poverty in Russia, although the number of people whose income has decreased is on the rise, Russian Presidential spokesperson Dmitry Peskov said, while commenting on the statement by …

Russia's shadow economy employs 15 million people

Russia's shadow economy employs 15 million people

Russian Deputy Prime Minister Tatyana Golikova said that about 15 million Russian people are employed in the shadow economy. "According to the latest data, their number reached 15 million people," TASS cited …

Russia's Central Bank on inflationary expectations

Russia's Central Bank on inflationary expectations

Russian households' expectations for inflation fell in May to 9.3% from 9.4% in April, the Russian Central Bank said. The inflationary expectations for the next 12 months fell to 9.3% in May as the influence of an increase of value …

Putin urges to maintain freedom of Internet

Putin urges to maintain freedom of Internet

The Internet should remain a free zone, Russian President Vladimir Putin said in a welcome message to the participants, organizers and guests of the Tenth Russian Internet Governance Forum, which opened today. The message was …

Ukrainian journalist acknowledges changes in Crimea

Ukrainian journalist acknowledges changes in Crimea

Ukrainian journalist Olesya Medvedeva, who traveled to Crimea, said that in five years Russia has invested more in the region than Ukraine in the previous 23 years. "It is clear that Russia is investing huge amounts of money in …

Putin: Russia repels 17,000 cyber attacks

Putin: Russia repels 17,000 cyber attacks

The number of cyber attacks on Russia reached 17,000 in 2018, Russian President Vladimir Putin said at a board meeting of the Federal Security Service (FSB). Putin noted that the number of coordinated cyber attacks …

Putin holds meeting with VTB head

Putin holds meeting with VTB head

Russian President Vladimir Putin had a working meeting with President and Chairman of the VTB Bank Management Board Andrei Kostin to discuss the bank’s performance last year, mortgage lending and housing construction …

 Russians's wage growth slows down in January

Russians's wage growth slows down in January

The annual growth of Russians’ real wages has slowed down to its lowest since mid-2016 in January - 0.2%, due to rising inflation, the Russian Central Bank said in a report. "The annual growth rate of nominal wages continued …

Four key risks to Russian Economy revealed

Four key risks to Russian Economy revealed

Moody's Investors Service has released a comprehensive report on the Russian economy, analyzing its capabilities and key risks in the medium term. The Agency's analysts estimate the share of the public sector in the Russian …

Vladimir Putin delivers State of Nation Address

Vladimir Putin delivers State of Nation Address

Russian President Vladimir Putin is delivering his annual Presidential Address to Federal Assembly legislators in Moscow today. In his address, the president assesses the state of affairs throughout the country and sets the main …

Russians do not want do business

Russians do not want do business

Almost two thirds of Russians (62%) are confident that it is impossible in Russia to run a honest business, although 34% of Russians take the opposite position, according to the results of the poll conducted by the All-Russian Public Opinion …

Gasoline prices decline in Russia

Gasoline prices decline in Russia

Retail prices of the regular (Ai-92) and the premium (Ai-95) gasoline declined in a number of Russian regions last week, according to data provided by the Central Dispatching Department of Fuel Energy Complex. It was the first decline …