As European, local, parliamentary, and presidential elections are all due in 2019 and 2020, EU and Nato member Lithuania will be the focus of Russia’s disruptive activity, the Baltic state’s security agency VSD and the ministry of defence warn.
Just how Russia will react to losing a significant source of soft power remains unclear, but Moscow has raised eyebrows with a pledge to “protect the interests of the faithful” in Ukraine.
Further questions were raised over the veracity of the Russian State Statistical Service's results after it upgraded its estimates of growth in the construction sector leading to a revision of 2018 GDP growth from 1.6% to 2.3%.
Russia’s taxi business has become ultra-competitive. Already running for several years, the incumbent Yandex.Taxi subsidies its drivers and won’t go into profit until maybe this year. It has already forced Uber into a merger and may IPO in the next t
The seasonally adjusted IHS Markit Russia Manufacturing Purchasing Managers’ Index showed industry at 50.9 in January, only just above the 50 no-change mark.
As Russia continues to try to reduce its dependence on the dollar the Central Bank of Russia increased gold purchases for the fourth year in a row.
It’s not even the end of January and Ukraine has already used up its entire year’s quota for duty free exports to Europe of corn, honey, grapes and apple juice. Quotas on other products are running out fast. The EU should drop the restrictions.
Russian internet powerhouse Yandex has suffered a rare defeat after its attempt to break into the smartphone business fell flat on its face. Launched in December to much fanfare, the Yandex.Phone had sold less than 500 units as of January 20.
Officers swooped on Senator Rauf Arashukov, who had his immunity lifted and was arrested on two counts of murder.
Russia recaptured the dubious title of “most corrupt country in Eastern Europe” after it slipped three places in this year’s Transparency International Corruption Perceptions index, falling to 138th place out of 180 countries.
The government proposed forcing all the state-owned enterprises to submit investment programmes for approval, and to tighten the reigns of control.
The European Commission had suggested amending EU gas legislation to extend the requirements of the Third Energy Package to all gas pipelines entering the EU.
RVC, the state fund-of-funds dedicated to innovation, and Da Vinci Capital, a major EBRD-backed Russian private equity firm, announced Monday the launch of a RUB6bn ruble ($900mn) tech fund, reports East-West Digital News (EWDN).
ESforce, a major eSports company acquired in early 2018 by Mail.ru Group, has sold SK Gaming, one of its key assets, to Daimler and football club FC Köln (FC Cologne)
The removal of three Russian companies – Rusal, En+ and EuroSibEnergo – from the SDN sanctions list is a big deal, but neither the ruble nor the OFZ government treasury bonds rallied
Both consumer and producer activity weakened in December 2018, confirming our expectations of declining support of local demand to GDP growth at least at the beginning of 2019. This year will be a test to Russia's conservative approach
Russia had to cope with four rounds of new US sanctions in 2018 as well as unstable oil prices and a general miasma that has fallen over the population as real incomes failed to rise for the fifth year in a row, which hurt dealmaking.
The US Treasury Department formally lifted the April 6 round of sanctions on the companies belonging to Russian oligarch and Kremlin insider Oleg Deripaska, but left those that target the businessmen personally in place.
Russian junior gold mine GV gold announced a record production of 304.4koz in 2018, beating management forecasts. A relatively young miner, the company has more than doubled its production in the last two years.