Anatoly Aksakov

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Russia to protect itself from crisis with 'airbag'

The government of Russia is considering the creation of a special anti-crisis reserve for the next year. "Now we are discussing the creation of an anti-crisis financial reserve," cited a federal official as saying. …

EU announces new phase in sanctions war

The decision to extend sanctions against 149 Russian citizens and 37 organizations entered into force today. The statement was published in the Official Journal of the European Union. "The Council of the European Union …

Russia creating national rating agency

The Russian Central Bank has supported the establishment of a national rating agency following a meeting with financial market participants. The participants of the meeting expressed the view that Russian market needs a strong credit …

Year of anti-Russian sanctions

It has passed a year since the imposing of the Western sanctions against Russia.   A year ago the United States imposed an embargo on new loans for Russian state-owned banks and state-owned companies, as well …