Business

A proposal in Russia sought to cap the profit margins on food sold at airports, railway stations, seaports, and river ports. The draft law was…

Average export prices for Russian wheat (12.5% protein) hovered around $275 per tonne (FOB Novorossiysk), marking a level where sales could…

According to the Accounting Chamber of Russia, the amount of unused budget funds in 2022 stood at approximately 800 billion rubles. This…

In 2022, the consolidated budget surplus of Russia’s regional governments contracted dramatically, shrinking by roughly a factor of ten…

The Russian government is evaluating a proposal from the Ministry of Construction, Housing and Communal Services to include the costs of…

The Ministry of Finance is advancing a plan to streamline the federal budget by consolidating the number of federal state institutions that…

Recent information indicates that Credit Suisse expects the UBS merger to close by the end of 2023. This update comes from a letter sent by…

There are growing signals of a new global strain on the world economy. Rising energy costs across Europe and China in 2021, combined with…

Deputy Prime Minister Alexander Novak charts 2022 oil exports and market shifts At a recent meeting of the college of the Russian Ministry of…

The volume of commercial real estate investments in Russia rose sharply in 2022, climbing by 44% to 256 billion rubles. This level comes close…