Business

The ongoing trade frictions between the United States and China could set the stage for a notable drop in global GDP, with estimates from…

The early wave of the holiday season brought a notable 40 percent rise in short-term rental prices in tourist hubs. A report from a major…

Russia’s cherry industry is once again poised to produce a robust harvest this year, with the organized sector expected to stay above 20…

As of 15:57 Moscow time, the dollar traded at 88.8 rubles and the euro at 96.2 rubles according to foreign exchange data. A chief analyst from…

In recent analysis, a prominent American economist and Columbia University professor has questioned the impact of Western sanctions on Russia,…

EU Leaders Call for a Working Group to Eliminate Russian Gas, Oil, and Nuclear Materials Berlin and London urged the European Union to form a…

In Russia, the Ministry of Finance is examining a plan to raise the personal income tax from 20% to 25%. The ministry’s briefing materials…

The Ministry of Finance in Russia has proposed a new personal income tax (NDFL) scale that leans toward a softer approach to higher rates…

For families with two or more children, there is a plan to return a portion of personal income tax. The proposal suggests a refund calculated…

The Academy of National Economy and Public Administration expresses confidence that Russia’s move to a progressive personal income tax…