Economy

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Russian Finance Ministry on meaning of #039people#039s bonds#039

Russian Finance Ministry on meaning of 'people's bonds'

Russia's Finance Ministry plans to start sells of the first issue of government federal bonds for individuals, the Director of the Public Debt and State Financial Assets Department of the ministry, Konstantin …

Agreement on Russia#039s NPP construction in Egypt can be signed in June - media

Agreement on Russia's NPP construction in Egypt can be signed in June - media

The solemn ceremony of signing a package of commercial contracts for the construction of the first nuclear power plant in Egypt with the participation of the Russia’s state nuclear energy giant Rosatom may take place in June 2017, …

Garlyk plant in Turkmenistan to be opened in late March

Garlyk plant in Turkmenistan to be opened in late March

The opening of the Garlyk Mining and Processing Plant is scheduled for March 31. The issue was discussed during the visit of the Chairman of the Belarusian National Assembly’s Council Mikhail Myasnikovich to …

Exhibitors have chance to take part in Azerbaijan expo

Exhibitors have chance to take part in Azerbaijan expo

Azerbaijan investors show more interest in international property investment

 Will Russia be saved by larger minimum wage?

Will Russia be saved by larger minimum wage?

Russia's Deputy Prime Minister Olga Golodets asked the country's Vladimir Putin to ask authorities with raising the minimum wage today at a meeting of the Presidential Council on Strategic …

Oil prices are entering a bearish trend despite supply deal

Oil prices are entering a bearish trend despite supply deal

Oil prices have entered a bearish trend despite short-term bounces, supply cuts and improved demand estimates

Saudi Arabia continue reducing oil output

Saudi Arabia continue reducing oil output

Saudi Arabia’s crude oil exports dropped by about 300,000 barrels per day (bpd) in January, official data showed on Monday, as the top OPEC producer played its part in a global supply-cut pact to support prices and ease a glut. …

 Turkish traders put Russia wheat deals on hold

Turkish traders put Russia wheat deals on hold

Turkish buyers have put purchases of Russian agricultural products - mainly wheat, corn and sunflower oil - on hold, despite denials from Ankara that it has effectively banned imports from Moscow, trade and industry sources said. …

Russian finance minister: rouble overvalued by 10-12%

Russian finance minister: rouble overvalued by 10-12%

Russian Finance Minister Anton Siluanov said that the rouble is overvalued by up to 12%, making it a good time for foreign currency purchases under which the ministry may buy at least $1 billion in 2017

Russia on cusp of exiting junk as SP outlook goes positive

Russia on cusp of exiting junk as S&P outlook goes positive

Relatively low oil prices, structural impediments, and sanctions will continue to impinge upon the rebound in GDP

Baku-Tbilisi-Kars railway to be opened in two months

Baku-Tbilisi-Kars railway to be opened in two months

The Baku-Tbilisi-Kars railway (BTK) will be opened in the next two months, Turkish Foreign Minister Mevlut Cavusoglu said. According to him, Turkey  strengthens ties with the countries of the region through the major infrastructure …

Evgeny Nikolaychuk on Vesti.FM: speaking about ethnic crimes, we should mention drug trafficking

Evgeny Nikolaychuk on Vesti.FM: speaking about ethnic crimes, we should mention drug trafficking

Speaking about the ethnic crimes and whether crime has a nationality, one can not help talking about drug trafficking, the analyst of the news agency Vestnik Kavkaza, Evgeny Nikolaychuk, said during a live broadcast of the …

Fed rate increase will not cause capital outflow from Russia, Minister of Finance says

Fed rate increase will not cause capital outflow from Russia, Minister of Finance says

A rise in the US Fed rate will not cause the problems with the outflow of capital from Russia, Finance Minister Anton Siluanov said. "Despite the fact that American colleagues from the Federal Reserve announced raising of the rates …

Turkmenistan to continue with providing support for private sector, Berdimuhamedov says

Turkmenistan to continue with providing support for private sector, Berdimuhamedov says

The priority direction of the state policy of Turkmenistan is the development of the private sector and enhancement of its role in the economy, President Gurbanguly Berdimuhamedov said. "The production of the import-substituting …

A new deal in Asia

A new deal in Asia

Can RCEP pick up where the TPP left off?

Europe is worried about Trump’s plans to de-regulate banks

Europe is worried about Trump’s plans to de-regulate banks

Banking rules, including the Basel III international framework seem to be on hold since the new administration came in

China to build new roads to Russia

China to build new roads to Russia

The authorities of China's Inner Mongolia Autonomous Region are going to invest about $15 billion to build new roads in 2017. It's noted that funds will be used to build roads to the cities of Manchuria and Eren-Hoto "to …

SP upgraded Russia’s rating to positive from stable

S&P upgraded Russia’s rating to positive from stable

Standard and Poor's upgraded on Friday its outlook for Russia to positive from stable and affirmed the country’s foreign currency at 'BB+/B', the company said in a release, Sputnik reports. …

 Is the economic cooperation between Moscow and Ankara being restored?

Is the economic cooperation between Moscow and Ankara being restored?

Russia and Turkey are the natural partners, and this partnership needs to be deepened and strengthened, the expert says

Armenia named least attractive for investors among South Caucasus countries

Armenia named least attractive for investors among South Caucasus countries

Armenia took the sixth place on investment attractiveness among the eight countries of Central Asia and South Caucasus, the report "Map of Investment Attractiveness of Central Asian and South Caucasian Countries" presented by the …