Russia Deposit Tax: Calculation and Affected Parties
The Federal Tax Service, known as the FTS, has begun sending tax notices to Russians who earn interest from bank deposits. Reports say this…
Moscow Ranks Third in BRICS Cities by Corporate HQs
A BRICS cities ranking places Moscow in third for the number of headquarters of leading companies. Beijing leads the list, followed by Abu…
Alfa-Bank and the Higher School of Economics Launch Regional FinTech Master’s Network
Alfa-Bank and the Higher School of Economics announced, through the bank’s press service, the launch of a network master’s program…
Burnout at Work in Russia: Key Findings for Employers
A recent survey reveals that 59% of Russians report experiencing burnout at work, a finding covered by a market-focused insurance broker and…
BRICS and the Move Toward Local Currencies in Trade
Recent data point to a growing pattern in BRICS trade where settlements conducted in member economies’ own currencies have begun to outpace…
SEC Seeks Sanctions Against Elon Musk Over Hearing No-Show
The U.S. Securities and Exchange Commission has asked a federal court to consider sanctions against billionaire Elon Musk after he missed a…
Russia and Zimbabwe: Expanding Trade, Agriculture, and Industrial Ties
Federation Council Speaker Valentina Matvienko described a forecast that by the close of 2023 trade between Russia and Zimbabwe would rise…
Rosatom Service Showcases Robotics Education at High-Tech Championship Finals
Rosatom Service, an enterprise of the electric power division of the state corporation Rosatom, took part in the finals of the High-Tech…
Russia’s Islamic Banking Market Expands Toward 2030
The ministry’s latest estimates place Russia’s Islamic banking market near one trillion rubles, according to Deputy Minister of…
Russia weighs higher budget share on foreign asset sales
Government subcommittee weighs higher budget share on foreign asset sales Officials from the government commission responsible for foreign…