Russia’s gold & foreign currency reserves surge by over $3 BILLION in one week
Author RT This post originally appeared on RT Business News Russia’s foreign exchange holdings have continued to rise, reaching $ 583.7 billion as of April...
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Russia’s 2021 St. Petersburg Economic Forum to address new economic reality world faces after Covid-19
Author RT This post originally appeared on RT Business News The issues of the Russian and global economy, as well as social and technological agendas,...
Russia’s answer to US sanctions is to make its economy more self-sufficient – analysts
As Washington threatens to impose more sanctions on Russia, analysts expect Moscow’s response to be the same as usual – speeding up the drive to...
Czech govt bars Russia’s Rosatom from nuclear power plant contract tender amid diplomatic row
Russia’s nuclear energy corporation Rosatom won’t be invited for a security assessment as a bidder vying to renovate the Dukovany nuclear power plant, the Czech...
Russia’s Siberia may hold one of the world’s largest reserves of rare earths
The Tomtor deposit of niobium and rare earths located in Russia’s Yakutia Republic is one of the world’s three biggest by reserves, Russian miner Polymetal,...
Russia’s Novatek ramps up natural gas production & shipments abroad in 2021
Russian energy major Novatek said on Monday that gas production in the January-March period this year was up by 5.6%, amounting to 20.15 billion cubic...
IMF improves Russia’s economic growth outlook for this year
The International Monetary Fund (IMF) has upgraded its forecast for economic growth in Russia for the second time this year, and now expects GDP to...
Russia’s Alrosa sees diamond sales triple for second month in row as demand in US & China remains strong
In March, Russian gem miner Alrosa recorded a threefold year-on-year surge in sales of polished diamonds. At the same time, sales of rough diamonds more...
Why does US need a special envoy for Russia’s Nord Stream 2 gas pipeline? Boom Bust digs in
The White House is in talks to appoint a special envoy to lead negotiations on halting the construction of Russia-to-Germany gas pipeline Nord Stream 2,...
Russia’s Arctic sea route draws growing global investor interest, Foreign Ministry says
Foreign investors and entrepreneurs show growing interest in the development of the Northern Sea Route (NSR), Russian Ambassador at Large for the Arctic Cooperation at...
Russia’s National Wealth Fund gets greenlight for gold investments as Moscow pursues de-dollarization policy
Russia’s Finance Ministry has allowed the National Wealth Fund (NWF) to diversify its assets by investing part of the funds into precious metals, including gold....
Fitch upgrades Russia’s growth outlook, projecting economic activity surge
International ratings agency Fitch has improved its outlook for the growth of the Russian economy in 2021 from 3% to 3.3%. Higher oil prices helped...