Sberbank to Start Operations in Crimea
Sberbank will open its offices on the Crimean peninsula already in the first half of 2023, according to its press service. As reported by the representatives of Sberbank, a team of specialists has...
Economy
What Russian Economy to Face in 2023?
TeleTrade's leading expert Mark Goikhman, as reported by Rossiyskaya Gazeta, named the difficulties that the Russian economy may face in the coming year. According to the expert, the negative factor...
Sberbank Raises Mortgage Rates Again
On January 10, Sberbank announced an increase in interest rates on mortgage programs. This applies to both the purchase of housing in a new building, as well as in the secondary market. According to...
Putin Signed Decree on Countermeasures to Introduction of Russian oil Price cap
The decree of Russian President Vladimir Putin on the response to the introduction of the ceiling on Russian oil prices was published on the official Internet portal of legal information.
Finance Minister Ties up Falling Ruble to Increased Imports
Weakening of the ruble is due to the fact that Russia began to import more goods, said Russian Finance Minister Anton Siluanov. According to him, those restrictions on oil and gas prices, adopted by...
North-South is Logistics Route of Modern era
The Russian government is analyzing the idea of creating a shipping state company for the North-South international transport corridor (ITC.) The form of such company is being discussed and variants...
Finance Ministry Approves Criteria for Sale of Assets by Foreigners
A subcommittee of the Ministry of Finance, which has been given the right to authorize transactions with foreign companies, has approved the criteria allowing foreigners to sell Russian assets.
Khanty-Mansiysk Autonomous Region Waste Public Money
The Khanty-Mansiysk Autonomous Region, like other regions of Russia, has got also the problems of unfinished construction projects. Some of them have not been completed for decades.
Price cap on Russian oil to not Bring Down Russian Financial System
Minister of Finance of Russia Anton Siluanov said that the federal budget deficit by the end of 2022 will be about 2% of GDP, which will be covered by borrowing.
Putin Signs ‘Most Complicated’ Budget in Recent Years
Russian President Vladimir Putin has signed the law on the budget of the country for the next three years (2023 – 2025.) Earlier, this document had already been approved by the State Duma and the...
GDP Decline may be About 3%, Said Prime Minister
The year-end GDP decline is expected be about 3%, said the Russian Prime Minister Mikhail Mishustin at a meeting on economic issues. The worst-case scenario, voiced by some experts in the first half...
Sanctions not Affecting Rise in Turnover Between Russia and China
As reported by the media, in 2022, imports from China to Russia of special equipment, including excavators, trucks and tires, increased significantly but the volume of purchases of smartphones and...