Economy

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DPR and LPR intend to create joint economic space

Heads of the Donetsk and Lugansk People’s Republics (DPR and LPR) Denis Pushilin and Leonid Pasechnik have agreed to establish a joint economic space, reads the declaration issued following their meeting held on Monday via …

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Russia turns to East

After spending more than two decades in shadows since the dissolution of Soviet Union, Russia is emerging again on the Asian landscape as a force to reckon with

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Tokayev knows how to ease water conflicts in Central Asia

An early August meeting of Central Asian heads of state in Turkmenistan Kazakhstani President Kassym-Jomart Tokayev proposed the creation of a vice ministerial-level working group and a regional consortium with the goal of promoting regional cooperation to protect precious water resources

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Kazakhstan needs nuclear power station - president

Kazakhstan needs a nuclear power station, Kazakhstan’s President Kassym Jomart Tokayev said, Trend reports citing Kazakh media. Tokayev made the statement during the Eastern Economic Forum-2021 in Russia’s Vladivostok. …

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Russia to produce 506 mln tonnes of oil in 2021

The volume of oil production in Russia at the end of 2021, subject to OPEC + restrictions, may reach 506 mln tons, which is 1% less than in 2020, Russian Energy Minister Nikolai Shulginov told reporters on Thursday on the sidelines of the sixth …

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Oil prices mixed ahead of U.S. jobs report

Oil prices were mixed on Friday after a strong rise in the previous session on a weaker dollar and a fall in U.S. crude stocks and were set for modest weekly gains ahead of a highly anticipated U.S. monthly jobs report. Brent crude …

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Putin: economic life recovers and goes back to normal

Economic life is recovering from the pandemic and is returning to business as usual, Russian President Vladimir Putin at the plenary session of the Eastern Economic Forum. "Such a broad representation and interest in the …

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Shusha welcomes former residents

After nearly three decades of Armenian occupation, Azerbaijan's city of Shusha – once known as the Pearl of Karabakh – is ready to welcome back its former residents as the traces of the destructive occupation are erased

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