Russia and Turkey celebrate progress in Black Sea gas pipeline project
Russia Russia and Turkey celebrate progress in Black Sea gas pipeline project The new Black Sea gas pipeline Turkish Stream (TurkStream) runs under the sea bottom from Krasnodar to west of Istanbul....
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Russia was ranked the 43th most competitive country by the World Economic Forum this year
Russia Russia was ranked the 43th most competitive country by the World Economic Forum this year The annual Global Competitiveness Report released last week included 140 countries. Russia’s ranking ...
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This year's IMF Article IV consultation provides important recommendations to Russia
Russia This year's IMF Article IV consultation provides important recommendations to Russia This year's IMF Article IV consultation provides important recommendations to Russia The IMF kept...
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No growth this year for Russia’s foreign reserves or the National Welfare Fund
Russia No growth this year for Russia’s foreign reserves or the National Welfare Fund Russia’s foreign currency and gold reserves experienced gradual growth still in 2021 as the central bank made cu...
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Life expectancies in Russia up sharply, but gap between men and women remains huge
Russia Life expectancies in Russia up sharply, but gap between men and women remains huge Life expectancies in Russia up sharply, but gap between men and women remains huge Rosstat reports that the...
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Russia's government budgets started to grow again; government drafted supplementary budget
Russia's government budgets started to grow again; government drafted supplementary budget First-quarter revenues to the consolidated budget (includes federal, regional and municipal budgets, as ...
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Russia on shaky ground in its ability to service foreign debt
Russia Russia on shaky ground in its ability to service foreign debt The restrictions imposed to support the ruble and Russia’s financial markets have made it difficult for firms to conduct normal f...
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Russia imposes currency controls to deal with the ruble’s collapse
Russia Russia imposes currency controls to deal with the ruble’s collapse Because sanctions limit the Central Bank of Russia’s possibilities to use its foreign currency reserves to support the ruble...
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FDI inflow to Russia boosted by the sale of Rosneft stake
FDI inflow to Russia boosted by the sale of Rosneft stake Net direct investment inflows to Russia (investment of foreign firms in Russia minus funds repatriated by foreign firms) amounted to USD 33 b...
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Impacts of Ukraine invasion on Russia’s economy already apparent in March
Russia Impacts of Ukraine invasion on Russia’s economy already apparent in March Rosstat preliminary figures show Russian first-quarter GDP growing by 3.5 % y-o-y. Rosstat figures further show ...
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Russia has not yet dipped into its oil funds this year
Russia has not yet dipped into its oil funds this year Russia has not yet dipped into its oil funds this year Higher-than-expected oil prices have increased Russia's budget revenues and finance ...
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Russia lowers import duties under its WTO commitments, while devising new barriers to imports
Russia Russia lowers import duties under its WTO commitments, while devising new barriers to imports Russia lowers import duties under its WTO commitments, while devising new barriers to imports Af...
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Russia's regional budgets and social funds benefit most from recovery in government budget revenues
Russia Russia's regional budgets and social funds benefit most from recovery in government budget revenues Russia's regional budgets and social funds benefit most from recovery in government...
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China and Russia impose most trade and investment barriers on European firms
China China and Russia impose most trade and investment barriers on European firms The European Commission's Annual Report on Trade and Investment Barriers notes that the wave of protectionism t...
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Russia to require unique identifiers for many consumer products next year
Russia Russia to require unique identifiers for many consumer products next year At the end of 2017, the Duma approved a law on unique identifier codes for products sold in Russia. At the moment, th...
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Russia has plenty of college graduates, but spends little on education
Russia Russia has plenty of college graduates, but spends little on education Education at a Glance 2017, the latest publication of the education database kept by the Organisation of Economic Cooper...
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Russia introducing new import restrictions on public sector and SOE procurements
Russia introducing new import restrictions on public sector and SOE procurements Russia's import restrictions in recent years have been aimed at supporting domestic producers under an import subs...
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Fixed investment increased in Russia, government plans funding for investment projects
Russia Fixed investment increased in Russia, government plans funding for investment projects In the first half of this year, real fixed investment increased notably and was up by 5 % from two ...
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Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth
Russia Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth At the end of September, the federal budget and the budgets for the state’s three social fun...
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Number of people employed in Russia declined last year; labour force also shrank
Number of people employed in Russia declined last year; labour force also shrank Even as the Russian economy began to revive from recession last year, Rosstat reports that its labour force survey of ...
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