Russian economy – Page 38 – THE OVAL CIRCLE

Good news for the gilded: Study shows Moscow is among world’s cheapest cities for luxury

Posted on February 5, 2020June 15, 2020By Editor

Are you filthy rich but still looking for bang for your buck? Well then, Moscow might just be the place for you. A new study shows the Russian capital is one of the most affordable cities for the world’s wealthiest consumers. … Read More >Good news for the gilded: Study shows Moscow is among world’s cheapest cities for luxury

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Russian economic growth better than expected amid Western sanctions & global slowdown

Posted on January 29, 2020June 15, 2020By Editor

The Russian economy expanded by 1.4 percent last year, the Ministry of Economic Development has said in its latest report. Annual growth is weaker than in 2018, but beat the ministry’s own forecast. … Read More >Russian economic growth better than expected amid Western sanctions & global slowdown

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Russian economy attracts $1 BILLION in foreign investments in 2020

Posted on January 28, 2020June 15, 2020By Editor

Since the beginning of the year, Russian bond sales have raised more than $1 billion from foreign investors, Kommersant daily reported, citing reports by Bank of America and BCS Global Markets. … Read More >Russian economy attracts $1 BILLION in foreign investments in 2020

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Deal with OPEC helps Russia double its National Wealth Fund

Posted on January 23, 2020June 15, 2020By Editor

The agreement between Russia and the Organization of the Petroleum Exporting Countries (OPEC) to cut oil output has brought huge benefits to the entire Russian economy and its National Wealth Fund (NWF). … Read More >Deal with OPEC helps Russia double its National Wealth Fund

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Russia’s forex reserves reach pre-crisis levels, topping $555 billion

Posted on January 16, 2020June 15, 2020By Editor

Russian gold and foreign currency reserves have hit $557.5 billion in the first 10 days of the new year, according to the latest figures released by the country’s central bank. … Read More >Russia’s forex reserves reach pre-crisis levels, topping $555 billion

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Putin suggests launching new investment cycle in Russia to achieve growth rates above global average

Posted on January 15, 2020June 15, 2020By Editor

Russian President Vladimir Putin called for a structural change to the economy and its efficiency during his annual address to the Federal Assembly on Wednesday. … Read More >Putin suggests launching new investment cycle in Russia to achieve growth rates above global average

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Russia’s ‘socially significant’ websites should be accessible to everyone free of charge – Putin

Posted on January 15, 2020June 15, 2020By Editor

Free access to key Russian websites will give people wider opportunities to communicate, learn new things, and be creative; this will give the country a competitive advantage, Vladimir Putin has said. … Read More >Russia’s ‘socially significant’ websites should be accessible to everyone free of charge – Putin

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How an Italian became one of Russia’s top financiers

Posted on January 13, 2020June 15, 2020By Editor

Not only is Vincenzo Trani the founder of the microfinance firm Mikro Kapital, he is also the president of the Italian-Russian Chamber of Commerce and the man who introduced Russia to carsharing. … Read More >How an Italian became one of Russia’s top financiers

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How much is Russia planning to spend in 2020? (INFOGRAPHIC)

Posted on January 13, 2020June 15, 2020By Editor

The Kremlin stands to make some $326.5 billion next year, but how much will it spend? … Read More >How much is Russia planning to spend in 2020? (INFOGRAPHIC)

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Russia among Europe’s top performing stock markets in 2019

Posted on January 13, 2020June 15, 2020By Editor

While last year was marked by political and economic uncertainty across the world, Greece, Russia and Italy have been Europe’s top performing stock markets. … Read More >Russia among Europe’s top performing stock markets in 2019