EconomyLoop
where regional business news becomes global to everyone

State Duma approves amendments to 2018 budget in third reading

According to the document, in 2018 it is proposed to redistribute about $2.5 bln in priority areas... read more

 Tass1 hour ago

     
Oil market overcomes peak instability in 2017 — Rosneft CEO

Further development requires that unilateral sanctions be abandoned, Igor Sechin said... read more

 Tass2 hours ago
South Korea, Russia, North Korea may implement big trilateral projects — Moon Jae-in

The South Korean president mentioned plans to connect the three countries’ railway networks... read more

 TassYesterday
Putin marks growing importance of gas exports to Europe through Belarus

Vladimir Putin believes that the trade between Russia and Belarus may grow to $50 bln a year... read more

 TassYesterday
London court rules to freeze assets of Gazprom in lawsuit filed by Naftogaz

Naftogaz today served Gazprom with an order to freeze assets in England and Wales... read more

 TassYesterday
Russia to introduce tit-for-tat import duties on goods from US

An official with the ministry told reporters that a list of the US goods, which are subject to retaliatory import duties, will be formed within a few days... read more

 TassYesterday
Presidential envoy: Novatek’s LNG project will keep Northern Sea Route busy

Novatek will build a sea terminal to reload LNG in Kamchatka... read more

 TassYesterday
Russian government might allocate $5.14 bln to support oil companies

Refundable excise duty is expected to compensate the factories for the absence of subsidies for a tax maneuver - increasing the mineral extraction tax and reducing export duties... read more

 TassYesterday
Telegram files appeal against Russia’s ban with European Court of Human Rights

On April 13, 2017, Moscow court ruled to block access to Telegram in Russia over its failure to implement the FSB’s order... read more

 Tass2 days ago
Kremlin comments on attempts to counter Nord Stream-2 implementation

The Kremlin stresses Nord Stream-2 gas pipeline project is purely commercial, not political... read more

 Tass3 days ago
Russia, Saudi Arabia agree on termless extension of OPEC+ deal — energy minister

The agreement will not "specify particular volumes," Alexander Novak said... read more

 Tass4 days ago
Russian cabinet pledges to improve public services through VAT hike

Those funds will be invested primarily in those social sectors, Russia’s First Deputy Prime Minister and Finance Minister Anton Siluanov said... read more

 Tass4 days ago
Russian government submitted a draft law on VAT hike from 18% to 20% to the State Duma

The Finance Ministry, which prepared a draft law on raising VAT, the tax hike will allow the federal budget to receive additional 620 bln rubles ($9.8 bln) a year beginning in 2019... read more

 Tass4 days ago
Russian government submits a draft law on raising the retirement age to State Duma

On Thursday, the Russian government approved a bill on gradual increase of the retirement age to 65 years for men and 63 years for women... read more

 Tass4 days ago
Raising retirement age can affect acceleration of economic growth — Central Bank

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 Tass5 days ago
Bank of Russia keeps key rate at 7.25%

The Bank of Russia has maintained the key rate at the level of 7.25% following the government’s decision to raise the VAT... read more

 Tass5 days ago
Gazprom, South Korea resume talks on construction of gas pipeline through North Korea

The political situation is somewhat different at the moment, the company's representative stressed... read more

 Tass6 days ago
Russia, Saudi Arabia agree to expand cooperation to stabilize energy markets

The sides intend to be guided by the principles of seeking a balanced market that relies on sufficient and steady supply... read more

 Tass6 days ago
Russian experts elaborate on Central Bank's decision on key rate

The regulator might either keep it or reduce to 7%, experts predict... read more

 Tass6 days ago
Russian fund, Saudi Arabia to invest in one of Russia’s top logistics operators

The investment will be used to build high-quality logistics infrastructure facilities to meet the growing need of Russian companies to improve supply chain efficiency... read more

 Tass6 days ago
Gazprom manages to suspend enforcement of court decision on Naftogaz transit contract

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 Tass6 days ago
Tax maneuver in Russia's oil sector to be completed in 2024, vows PM

This process will be completed gradually starting 2019... read more

 Tass6 days ago
Russian government approves bill to raise retirement age

The government proposes to gradually increase the retirement age to 65 for men and 63 for women... read more

 Tass6 days ago
Retirement age to be gradually raised to 65 years for men, 63 for women — PM

... read more

 Tass7 days ago
Sergei Ivanov Jr.: The apple does not fall far

ALROSA group’s president in a TASS special project Top Officials... read more

 Tass7 days ago
Kaspersky Lab halts cooperation with Europol on fighting cyber crimes

The move comes after the European Parliament passed a resolution on bolstering protection from cyber threats posed by Russia, China and North Korea... read more

 Tass7 days ago
Moscow City Court recognizes ban of Telegram in Russia as legal

On April 13, Moscow’s Tagansky District Court ruled to block access to Telegram in Russia... read more

 Tass7 days ago
US Department of Justice indicts five Russians for shipping jet fuel to Syria

The Department of Justice alleged that five five Russian nationals - Ivan Okorokov, Ilya Loginov, Karen Stepanyan, Alexey Konkov and Liudmila Shmelkova... read more

 Tass8 days ago
Evraz shares climb 7% in London after Fitch rating upgrade

The rating agency said earlier that the upgrade reflects Evraz's successful reduction of its net debt to $4 billion... read more

 Tass9 days ago
Putin supports idea of building oil, gas pipelines from Russia to China via Mongolia

Putin also said that the three countries had been working together to remove excessive administrative barriers in order to ensure uninterrupted trade flows.... read more

 Tass11 days ago
Russian North Fleet's expedition re-acts voyage of Arctic archipelago explorers

The servicemen repeated the path that Leonid Grinevetsky, the Novaya Zemlya researcher covered for the first time in 1883... read more

 Tass11 days ago
Living in the Matrix: Top Central Bank official refers to sci-fi’s forecasts coming true

About 35% of what they came up with in the movie already exists, First Deputy Governor of Russia’s Central Bank Olga Skorobogatova said... read more

 Tass12 days ago
Yakutia: Awaiting investment breakthrough

The regional authorities say the investment potential is huge... read more

 Tass12 days ago
Foreign tourists expected to shell out $1.6 bln during 2018 FIFA World Cup

The Russian minister of economic development is confident that the anti-Russian sanctions will not affect the World Cup’s economy... read more

 Tass12 days ago
Russia, China agree on raising share of national currencies in trade

Russian President Vladimir Putin believes that Russia and China can reach a turnover of $100 bln by the end of 2018... read more

 Tass12 days ago
Preparation for Nord Stream 2 to begin in Sweden in coming months

Earlier on Thursday, the Swedish minister announced that the Swedish government had given permission for the construction of the Nord Stream 2 gas pipeline... read more

 Tass13 days ago
Two hundred modern recycling plants to be built by 2024 — Putin

The whole program is aimed at the construction of 238 plants, Putin noted... read more

 Tass13 days ago
Swedish government confirms issuing permit for construction of Nord Stream 2

Sweden just cannot reject this project, said Swedish Minister of Entrepreneurship and Innovation Mikael Damberg... read more

 Tass13 days ago
Gazprom mulling Poseidon project as extension of Turkish Stream

Gazprom has entered into an agreement with Italy’s Edison and Greece’s DEPA on the Poseidon project... read more

 Tass13 days ago
Putin hopes there will be no need for government to threaten oil companies

During his annual Q&A session Putin noted that the government has always had a constructive dialogue with oil and gas companies... read more

 Tass13 days ago
Russia cannot have its own cryptocurrency by definition, says Putin

Cryptocurrency goes beyond national borders, the president explained... read more

 Tass13 days ago
Putin calls for finding modern ways to ensure security without banning Internet

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 Tass13 days ago
Putin describes US steel and aluminum tariffs as sanctions against EU, Mexico, Canada

According to Vladimir Putin, those tariffs are sanctions, though "put in other terms"... read more

 Tass13 days ago
Russia's energy chief comments on domestic gasoline prices following Putin's question

Prices at the pump in Russia rose by 5.6% in May... read more

 Tass13 days ago
Kaspersky Lab appeals US court dismissal of lawsuits against ban on products

Earlier US authorities motion to ban the use of Kaspersky antivirus software by US government organizations in 2018... read more

 Tass14 days ago
Sotheby's raises more than $12 mln from Russian art sales

Most of these revenues were raised from the sale of paintings... read more

 Tass14 days ago
Russia mulls suing US in WTO on steel, aluminum tariffs

... read more

 Tass14 days ago
Sanctions against Russia may be kept until 2022, Central Bank says

... read more

 Tass14 days ago
Industry and Trade Ministry plans to extend tax free to all Russian cities in 2019

The tax free system was launched in Russia in January 2018... read more

 Tass15 days ago
Russia's president comments on One Belt, One Road concept's prospects

Putin also noted the Chinese partners’ interest towards operations on the Northern Sea Route, adding that China already was Russia’s number one foreign trade partner... read more

 Tass15 days ago