The cost of Russia’s Urals crude has collapsed to $ 16.2 per barrel, having thus marked an anti-record since 1999. Experts believe that the price of oil may fall even lower and stay on this level for quite a while. Over the past week, Urals crude has fallen in price by 25%. At the same […]
On Wednesday, March 25, Russian President Vladimir Putin made a televised address to the nation in connection with the situation with the spread of the coronavirus infection in the country. Many in Russia were expecting the president to make such an address assuming that the measures that the Russian authorities currently take are not enough […]
The Russian government instructed the Federal Air Transport Agency to stop regular and charter flights to and from airports of all foreign countries. The exception was made only for the flights that need to be conducted to return Russian tourists staying in foreign countries back home. The flights required to execute specific decisions made by […]
The Constitutional Court of the Russian Federation found amendments to the Russian Constitution, proposed by President Vladimir Putin, legal. “The procedure to enforce Article 1 of the Law of the Russian Federation on amendments to the Constitution of the Russian Federation “On improving the regulation of certain issues related to the structure and operation of […]
The State Duma gave the third, final reading to amendments to the Constitution of the Russian Federation. As many as 383 deputies voted for, 0 – against, 43 abstained. During the second reading on March 10, the State Duma adopted the amendment from United Russia deputy, Valentina Tereshkova, that allows President Vladimir Putin to run […]
Putin’s official spokesman Dmitry Peskov told reporters that the intention to zero out the term clock of the sitting president, which was introduced in the law on amendments to the Russian Constitution is a one-time move that would be used only to the incumbent president. Such a decision, he said, was based on the current […]
The Financial Stress Index (FSI) for Russia, which is calculated by the Analytical Credit Rating Agency (ACRA), has reached the level of 3.12 points, having crossed the threshold value of 2.5 points, a message posted on the website of the agency said. The index estimates the proximity of the country’s financial system to the state […]
At the opening of trading on the Moscow Exchange on March 10, the US dollar went up to 73 rubles, the euro rose by 5%, having exceeded 82 rubles. RTS lost more than 15% the shares of Sberbank dropped by 13% VTB lost 11.7%. The shares of Russia’s largest oil and gas companies dropped by […]
Russian Foreign Minister Sergei Lavrov read out the text of the additional protocol agreed by Presidents of Russia and Turkey Vladimir Putin and Recep Tayyip Erdogan at negotiations in Moscow. Putin and Erdogan met in Moscow on March 5, 2020, to discuss the settlement of the crisis in Syrian Idlib. According to Lavrov: All hostilities […]
Russian President Vladimir Putin stated during a meeting with members of the government that, according to the Federal Security Bureau, the lion’s share of fake news about the spread of coronavirus in Russia comes from other countries. “As for the mud-slinging, all those provocations, the FSB reports that they are mainly organized from abroad. Unfortunately, […]