Putin extends ban on trading in shares of “hostile” foreigners
The decree banning transactions by foreigners from unfriendly countries with shares in strategic Russian companies, a number of banks and…
FAS tells us when egg producer prices may fall
The head of the Russian Federal Anti-Monopoly Service (FAS) Maxim Shaskolsky reported that he expects producer prices for chicken eggs to fall…
Putin spoke about Russians’ salaries
Russian President Vladimir Putin said the vast majority of Russians live paycheck to paycheck. He made a relevant statement at a meeting with…
Putin compared the effectiveness of the Northern Sea Route and the Suez Canal
The Northern Sea Route is becoming a more efficient transport artery than the Suez Canal. Russian President Vladimir Putin announced this…
EU imposed restrictions on the import of Russian diamonds
From January 1, 2024, the European Union (EU) will impose restrictions on the import of non-industrial diamonds mined, processed or produced…
Media chose the world’s most successful economy
Greece ranked first in the magazine’s list of best-performing economies for 2023 Economist. This is the second time in a row that Greece has…
European Commission to allocate money to Finland after Balticconnector emergency
The European Commission decided to allocate 800 thousand euros to Finland to cover costs related to damage to the Balticconnector gas…
Oil prices started to rise
The barrel price of Brent oil rose above $78 for the first time since December 5, 2023. This is evidenced by trading data on the ICE exchange.…
Rosneft’s Ryazan plant introduced high-precision equipment for product accounting
Ryazan Oil Refining Company (NPK), part of the Rosneft complex, has introduced “digital” wagon scales for high-precision product accounting.…
Russia reduced gas exports in 2023
In the 11 months of 2023, Russia’s gas exports physically decreased by 34% on an annual basis, and its oil exports decreased by 7%. In an…