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Russia cuts oil output in April, sources sayRussian oil output saw a significant drop in April. Ukrainian drone attacks on key ports and refineries forced Russia to cut production. Th...- Russia to re-privatise airport that it seizedThe Russian government plans to sell Moscow's Domodedovo airport early next year, several months after taking ownership of the asset over a...
- Russia says state-owned stake in gold producer UGC to be put up for public auction soonRussia's Finance Minister Anton Siluanov announced that the state will soon auction its stake in gold producer Uzhuralzoloto (UGC). This fo...
- Govt refutes report of new $2 bn submarine deal with Russia, calls it 'misleading'The government dismissed Bloomberg’s claim of a new $2 billion submarine deal with Russia, clarifying that the deal is part of a 2019 contr...
- Russia, India to push toward $100 billion trade turnover by 2030: Russian Finance MinisterRussia and India are poised to achieve $100 billion in trade by 2030. According to Russian Finance Minister Anton Siluanov, the momentum is...
- Russia announces budget changes aimed at reducing oil revenue dependencyRussia's Finance Ministry plans to implement a new measure next year. This aims to protect the state budget from oil price fluctuations and...
- Russia slashes 2025 economic growth forecast to 1.5% from 2.5%Russia's economic growth is projected to slow to 1.5% in 2025, significantly lower than the initial 2.5% forecast, as high interest rates i...
- Trump-Putin Alaska summit: Meet the heavyweight Russian delegation at the high-stakes talks on Ukraine’s fate in the former Russian colonyVladimir Putin will meet Donald Trump in Alaska. Several senior Russian officials will join Putin. These officials include Sergey Lavrov an...
- Russia is using bitcoin in foreign trade, finance minister saysRussian companies are utilizing bitcoin and other digital currencies for international payments due to legislative changes countering Weste...
- Russia shifts more funds to military in budget draftRussia plans to reallocate 7 trillion roubles in its next three-year budget, focusing heavily on military spending. By 2025, 13.5 trillion ...
- Russia plans 26% rise in budget spending in 2024Moscow is spending heavily on its armed forces as it prosecutes what it calls a "special military operation" in Ukraine, and social spendin...
- India may feel oil pinch as Russia looks to lower crude discount to $20/bblRussia's finance ministry is said to planning to cut the discount [$25 per barrel to Brent crude] used for deciding taxes on the country's ...
- Putin: West cannot isolate Russia and send it back in timeSince sending troops into Ukraine on Feb. 24, Russia has been hit with a barrage of Western sanctions, designed to isolate it from the glob...
- Russia floats new foreign debt payment systemRussia previously has offered natural gas customers to establish an account in dollars or euros at Gazprombank, then a second account in ru...
- Russia seeks Brazil's help to prevent expulsion from IMF, World BankRussian Finance Minister Anton Siluanov wrote to Economy Minister Paulo Guedes asking for Brazil's "support to prevent political accusation...
- Russia may face "deep recession": IMF chief Kristalina GeorgievaIMF's Managing Director Georgieva also said that a Russian sovereign default is no longer an "improbable event" because the economic sancti...
- Russia accuses West of seeking 'artificial default'Ratings agency Fitch last week downgraded Russia's sovereign debt rating farther into junk territory, warning that the decision reflects th...
- Russia to tap rainy-day fund as sanctions hit borrowing abilitiesFollowing Russia's invasion of Ukraine, the United States, Britain and other Western nations have imposed new sanctions targeting Russian b...
- Russian authorities clash on plans for crypto regulationFinance Minister Anton Siluanov told state TV channel Rossiya-24 on Friday that he hoped disagreements could be ironed out and a bill regul...
- Vladimir Putin asks IMF to help Ukraine pay off $3 billion debt to RussiaPutin called Tuesday on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay...
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