Russia’s Central Bank of Russia (CBR) kept rates on hold at 16% as expected at its monetary policy meeting on March 22, despite slowing inflation and falling inflation expectations amongst the population.
For the first time, the Kremlin has called the conflict in Ukraine a “war.” Presidential spokesman Dmitry Peskov admitted the fight was a war in an interview with a leading Russian newspaper, using the word that until now was illegal.
The US has urged its G7 allies to issue a $50bn bond backed by the profits earned from the $300bn of frozen Central Bank of Russia (CBR) money held in Europe.
Natalia Strebkova, the Commissioner for Human Rights in the Khanty-Mansi Autonomous Region, revealed this plan during a meeting of the local parliament, where she underlined the “importance” of preserving “the lineage of a serviceman.”
Russia’s answer to Facebook is on a roll as the online market has been rocked to its core by sanctions. But its debt is growing even faster as the company goes on a wild shopping spree to consolidate its position as top dog in Russia's RuNet.
Ivica Dacic arrives in Moscow days after Russian President Vladimir Putin was re-elected in rigged election.
An epic brawl in the aviation insurance business is going nowhere as Western firms try to recover something from the Russian government, which seized billions of dollars’ worth of leased planes impounded by Russia.
Russian forces must only make an offensive push for 250km to cut the Baltic states from Europe.
The controversial share swap deal with sanctioned Russian oligarch Oleg Deripaska would allow RBI to repatriate €1.5bn of earnings trapped in Russia.
This time last year and a cheer went up from amongst Ukraine’s supporters. The twin oil sanctions were moving into place and it looked like they were going to work as Russia’s oil revenue collapsed and the budget deficit blew out.
A Russian man who fought for the Wagner Group in Ukraine has been arrested after shooting a business associate at a St. Petersburg restaurant.
The West lashed out at Russia with extreme sanctions in the first week following the invasion of Ukraine and like a fleeing octopus the Kremlin immediately went into dark mode to protect itself. But some data can be trusted.
At least 22mn fake votes were injected into the Russian presidential election vote count, Russian opposition newspaper Novaya Gazeta reported on March 20.
The European council agreed to add several new agricultural products to a list that reimposes tariffs and quotas on Ukraine agricultural product imports to the EU, voting on a surprise decision to expand the list.
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
Was Russia’s presidential election the most falsified in post-Soviet history? And did over-enthusiastic officials give him too many votes by mistake?
France is taking independent steps regarding the South Caucasus, as French President Emmanuel Macron attempts to bolster his role as a top European leader.
LPP fiercely denies claims by Hindenburg Research that it had faked an exit from Russia following the outbreak of the war in Ukraine.
Speaking on March 18, following President Vladimir Putin's re-election victory speech, where he broached the idea, Kremlin spokesman Dmitry Peskov stated that a zone between Russia and Ukraine was the best way to protect Russians.
Based on the monthly estimate released by Russia’s ministry for economic development, on-year GDP growth has slowed in recent months, while budget spending is up sharply.