Business News
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01.01.20240 95
Russia scraps import duty on eggs
The measure is aimed at calming the surge in prices, which jumped nearly 60% in the second half of 2023…
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01.01.20240 96
Russian economy is in a ‘structural shift’ – Putin
Western sanctions have forced the country to focus more on manufacturing than energy exports, and the change has been beneficial,…
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Exports from Latvia have reportedly surpassed those from the world’s biggest producer, Italy © Getty Images / Jasmina81 Latvia has emerged…
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01.01.20240 74
Russian diamond ban comes into force
The EU and G7 restrictions apply to direct imports of non-industrial diamonds mined, processed, or produced in the country © Getty…
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01.01.20240 101
Eurozone economy faces bleak 2024 – FT
Most analysts polled by the media believe the single currency bloc is already in a recession © AFP / Kirill Kudryavtsev…
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01.01.20240 97
Frozen fortune: Where is Russia’s $300 billion?
The sovereign funds have been seized by the West as part of Ukraine-related sanctions © Getty Images / KeVeR Nearly $300…
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31.12.20230 86
Russia’s gas production soars – data
Output rose by 6.4% in November year-on-year, official statistics show © Sputnik / Pavel Lvov Russian natural gas production has…
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31.12.20230 103
Iran and Russia officially ditch dollar – media
The sanctioned countries have agreed to trade in their national currencies © Getty Images / Ali Mohammadi / Bloomberg Iran…
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31.12.20230 91
Gold to hit new highs next year – Reuters
Bullion finished 2023 at $2,063 an ounce, climbing more than 13% year-on-year © Getty Images / urzine Gold prices are expected…
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31.12.20230 81
Russia’s forex reserves surging
Holdings grew by $5.5 billion in just one week, official data shows © Getty Images / ErmakovaElena Russia’s foreign currency reserves…