Economy

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Day of return of Turkish tomatoes to Russia revealed

Russia and Turkey have agreed to allow exports of 50,000 Turkish tomatoes to Russia from December 1, Russia's Energy Minister Alexander Novak, who co-chairs a Russian-Turkish government commission on economic cooperation, …

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Ankara satisfied with Turkish stream - ambassador

The Turkish authorities are satisfied with the implementation of the Turkish Stream gas pipeline project, the Ambassador of Turkey in Russia Huseyin Dirioz said. "The real work has been already started, and during …

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Azerbaijan ready to expand cooperation with Australia

The president of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), Rufat Mammadov, said that Azerbaijan and Australia must bring the trade relations up to the level of current political relations between the …

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Will bitcoin take over the world?

Bitcoin would have become a good tool in the hands of artificial intelligence, if it intended to take over the world, Russia’s Economic Development Minister Maxim Oreshkin said, speaking at the International Festival of …

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Russia reduces budget's dependence on oil

Russia's non-oil and gas budget deficit will be less than 6% in 2018-2020, the head of the Russian Ministry of Finance Anton Siluanov said, speaking yesterday at the meeting of the State Duma Committee on Budget and …

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Russian oil export duty rises by by $8.2

Russia's oil export duty is expected to rise to $96.1 per tonne in November from $87.9 per tonne in October, data from the Russian finance ministry showed on Monday. The rate is calculated by the finance ministry and is based on the …

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Russia to bring budget deficit down to zero

Russia's Finance Ministry expects that the budget deficit will be 2% this year, the head of the ministry Anton Siluanov said on the sidelines of the annual autumn meeting of the World Bank and the International Monetary …

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Brent oil price rises above $58

Oil prices pushed higher as the conflict between Iraq and Kurdistan entered a new phase with the advance of Iraqi forces on Kirkuk.  Brent rose above $58 and while the late September highs above $59 are within sight it may struggle …

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