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Alexander Vedyakhin: We need to create our own currency market

Alexander Vedyakhin, First Deputy Chairman of the Board of Sberbank, at the Eastern Economic Forum "Great Eurasian Partnership: Pathways to Economic Development" session, announced the need to finally move away from...

Gref announces it is impossible to achieve full technological dominance

It is now impossible to achieve full technological dominance, and no one in the world has yet done so. This was announced by Sberbank Chairman German Gref at an online...

Gref predicted a decrease of approximately 4.5% in Russia’s GDP in 2022

German Gref, head of Sberbank, believes the Russian economy will shrink by about 4.5% this year, at a press conference at the WEF.In June, Gref said he expects a decline in...

Russian banks loaned more than 1 trillion rubles for the first time since February

In August 2022, the volume of lending to individuals in Russia for the first time since February reached 1.1 trillion rubles. About to witness Data from analysts at research firm...

“People have learned to adapt, not rebel.” Western media discussed the Russian economy

There is an ongoing debate in the Western media about how the Russian economy works. As mentioned EconomistAfter the Russian invasion of Ukraine, the Central Bank and Rosstat stopped publishing...

“The first angel has exploded, but the apocalypse has not yet come.” Medvedev – about the Third World

Dmitry Medvedev, vice-chairman of the Russian Security Council and former head of the country, said that the risks of the 3rd World War have been under control so far. According...

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