Economy

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Kazakhs policy rate unchanged at 9.25%

Kazakhstan’s central bank kept its policy rate unchanged at 9.25%, in its first review since last month’s leadership reshuffle at the Central Asian nation’s financial regulator. The bank said in a statement that the …

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Oreshkin declares his presidential ambition

Russian Minister for Economic Development Maxim Oreshkin said that he would like to work as the president of Russia. According to  Oreshkin, he still "have not done much," but he would like to do it. …

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Pakistan delays reopening of its airspace

Pakistan resumed flights at more airports but delayed until March 5 the reopening of its airspace nationwide, aviation authorities said, as tension with India eased after a standoff that brought the nuclear-armed neighbors to the brink of …

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Russian Nord Stream 2 can't divide EU

The Russian Nord Stream 2 pipeline project has drawn criticism from some European countries, as well as the US, with the latter insisting that the EU should reduce its dependence on Russian gas and buy more expensive American Liquefied Natural …

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Agrarians of Turkmenistan harvest banana crop

The harvest of bananas in Turkmenistan is carried out by the Ferkhar private economic company (CW) in the south of the country, the Union of Industrialists and Entrepreneurs of Turkmenistan reports. According to experts, the exotic …

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Gazprom's exports to Europe decline

Russia’s Gazprom said its exports to countries outside the former Soviet Union were down 5.% year-on-year to 32.7 billion cubic metres in January and February. According to the company, it happened due to warm weather in Europe …

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Lukashenko threatens to abandon Russian oil

Belarus will abandon Russian oil in favor of oil from other countries if Minsk and Moscow do not reach agreement on the tax maneuver, Belarusian President Alexander Lukashenko said. In August, Russian President Vladimir …

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 Russians's wage growth slows down in January

The annual growth of Russians’ real wages has slowed down to its lowest since mid-2016 in January - 0.2%, due to rising inflation, the Russian Central Bank said in a report. "The annual growth rate of nominal wages continued …

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