Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018 - Minister
According to TASS, Russia will boost domestic consumption of aluminum by 300,000 tonnes this year against the background of US sanctions, Minister of Industry and Trade Denis Manturov told reporters …
Siemens expects to ink Sapsan trains supply contract with Russian Railways this year
According to TASS, Germany’s Siemens intends to sign a contract for supply of 11 high-speed Sapsan trains with Russian Railways this year, President of Siemens Russia and Central Asia …
Russia’s Central Bank expects absence of structural economic changes to curb growth to 1.5-2% per year
According to TASS, a lack of structural reforms in Russia’s economy will curb its economic growth to around 1.5-2% per year, First Deputy Chief of the Bank of Russia Ksenia Yudaeva said …
Russian Industry Ministry forecasts domestic freight railcars production to reach 58 thousand in 2018 -
According to TASS, Russia is expected to produce about 58,000 freight railcars as of 2018 year-end, deputy department head of the Ministry of Industry and Trade Vsevolod Babushkin told TASS on …
Inflation in Russia speeding up to 0.5% in June - statistics
According to TASS reports, inflation in Russia equaled 0.5% in June 2018 against 0.4% a month earlier. Consumer prices growth decelerated to 2.3% in annual terms against 2.4% in May, Russia’s …
Russia may impose additional duties on imports from the US in March 2021 - Economy Ministry
According to TASS reports, Russia may introduce in three years additional duties on the import of goods from the United States as a retaliatory measure, since the current countermeasures do not …
Russia can initiate trial of dispute with US in WTO - Economy Ministry
According to TASS reports, Russia sent a request to WTO for formal consultations on its dispute in the US in respect of import duties on steel and aluminum, the Ministry of Economic Development said …
Just spoke to King Salman….
Trump’s tweet about having supposedly talked the Saudi King into increasing oil output was a devious tactic designed to undermine the Russian-Saudi oil alliance.
Trump tweeted over the weekend …
Gazprom does not expect growth of Nord Stream 2 cost - Deputy Chairman
Gazprom sees no reason for growth of cost for the Nord Stream 2 project, Deputy Chairman of Gazprom Management Committee Andrey Kruglov said at a press conference, TASS reports on June, 28.
"We do …
And the next crisis comes from…
In recent years, global economic crises have come about every ten years. 2008 saw the collapse of Lehman Brothers bank and the sub-prime mortgage market meltdown. In 1997-98, Barings went bankrupt and …