Russia’s GDP grew by 4.7% in January-August and exceeded the pre-crisis level, Prime Minister Mikhail Mishustin said at a meeting of the Foreign Investment Advisory Council (FIAC) in Russia, local […]
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Back to news homeProfitability from Renting Out Apartments Decreases to 5.5%
The average profitability from renting an apartment in Russia has decreased over the past year from 6% to 5.5% per annum, and the payback period has increased from 16.6 to […]
Aeroflot Resumes Sale of Subsidized Tickets for Residents of the Far East
Aeroflot has resumed the sale of discounted tickets for residents of the Far East, the company’s press service stated. This is a subsidized transportation program, with the government allocating additional […]
Big Apple Vs. Bay Area: New York Investors Take Bigger Bite Of U.S. Venture Pie From Silicon Valley
The San Francisco Bay Area, epicenter of the U.S. technology industry, is home to the FANG in FAANG—Facebook, Apple, Netflix and Google—with Apple the most […]
Russian Central Bank Increases Share of Gold in International Reserves
The size of Russia’s international reserves in August for the first time exceeded 618.2 billion US dollars, Russian media reported. “This is a historic record – during the entire existence […]
Gazprom Neft Ready to Increase Production by 10 Percent
Alexander Dyukov, Chairman of the Board of Gazprom Neft, is confident that the oil demand will grow, Russian media reported. Gazprom Neft is ready not only to invest in new […]
Oil Market Gradually Recovering, Could Return to Normal in 2022
The oil market is gradually recovering, and in 2022 will return to the level it was before the pandemic, Deputy Prime Minister of the Russian Federation Alexander Novak said during […]
Five EU countries Call for Investigation into Record-high Gas Prices
According to a joint statement released on Twitter by Bloomberg writer Javier Blas, a group of five EU countries (France, Spain, the Czech Republic, Romania, and Greece) recommended examining the […]
Russia Named Third-highest Carbon Emitter in Global History
According to a recent study by scientists at the Carbon Brief climate analytics website, Russia has contributed 6.9 percent of the world’s carbon dioxide (CO2) emissions since 1850, Moscow Times […]
US Senators Call for Expulsion of up to 300 Russian Diplomats for Visa Issues
Leading senators have urged the US to consider removing up to 300 Russian diplomats unless Moscow grants additional visas to the US embassy. The US objected when Moscow prohibited embassies […]