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No budget deficit in Russia

Russia's State Duma has passed amendments to the law on 2018 federal budget and the planned period of 2019-2020 today. On June 7, the State Duma passed amendments to the law on 2018 federal budget and the planned period of 2019-2020 …

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MegaFon and VimpelCom close Euroset

Russia's two largest mobile network operators MegaFon and OJSC VimpelCom (the Beeline brand) decided to freeze the Euroset retail chains brand, MegaFon's Operating Director Anna Serebrennikova …

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US senators coming to Moscow

A group of US senators will visit Russia soon, Russian State Duma Foreign Affairs Committee Chairman Leonid Slutsky confirmed. According to him, State Duma members are ready to meet with American senators during their …

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Russia proposes oil output hike to OPEC+

Russia plans to propose increasing oil production by the OPEC+ deal members by 1.5 million barrels per day (bpd), the Russian Energy Minister Alexander Novak said. "The market is growing, (oil) demand is growing …

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