Economy

S&P affirms Russia’s rating at BBB-

International rating agency S&P Global Ratings has affirmed Russia’s rating at the investment level of BBB- with a Stable outlook, the agency said. The agency noted that the credit rating on liabilities in the local currency …

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Kazakhstan to impose new restrictions

«Starting from March 28 Kazakhstan will impose new restrictions in Almaty, Nur-Sultan and Shymkent cities,» Kazakh Information and Social Development Minister Dauren Abayev told a briefing, Kazinform reports. The Minister …

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Alexander Karavaev: G20 needs to curb global panic

The G20 and other participants in tomorrow’s virtual summit will need to agree on the economic measures to help stop the collapse of national economies by at least the middle of the fourth quarter, researcher at the Institute of Economics …

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Brent oil price rises by 3.5%

The cost of futures for Brent crude oil with settlement in May 2020 increased by 3.5% to $28.1 per barrel in the course of trading on the ICE Exchange in London, according to the data of the trading site as of 04:28 Moscow time. At …

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Oil prices rise, Brent reaches $28

Oil prices rose around 4% on Tuesday on hopes that the United States will soon reach a deal on a $2 trillion coronavirus aid package that could blunt the economic impact of the outbreak and in turn support oil demand. Brent crude oil …

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Dollar exchange rate exceeds 80 rubles

The Russian ruble weakened against the dollar this morning, trading more than 81 per dollar, according to data from the Moscow Exchange. The Russian currency stood at 80.79 against the U.S. dollar, 1.2% weaker than at the end of last …

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Brent oil down as market awaits Trump's intervention

Brent crude oil was down at the start the week on Monday as the global oil market awaits U.S. President Donald Trump's call for intervention in the Saudi-Russian price war. The international benchmark was trading at …

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