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    Russia To Ditch Cyprus As A Legal Offshore & Banking Tax Haven

    Russia will pull out of a double taxation treaty with Cyprus after Cypriot officials refused to agree to Moscow’s demands over a new business tax regime, Russia’s Finance Ministry stated on Monday (August 10). In a statement the Russian Finance Ministry said Cyprus did not agree with Russia’s plans to levy a new 15% tax on dividend payments[…..]

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    Russia & Coronavirus: Business Updates

    Россия и Коронавирус: Бизнес Обновления Last updated August 14. Глобальные вспышки вируса Covid-19: координация ваших бизнес-операций из дома. Читать здесь Current Russia Coronavirus Updates Russia has confirmed 912,823 cases of coronavirus and 15,498 deaths. Russia had 5,065 new coronavirus infections in the 24 hours to Friday 14. Russia has confirmed 902,701 cases of coronavirus and[…..]

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    First Russia-China Bridge Across The Amur River Border Is Completed

    New Trade Opportunities In Russia’s Jewish Autonomous Oblast The construction of its first rail bridge from Russia to China, connecting the two countries across the Amur River has just been completed. Construction of the 2,200-meter bridge between Nizhneleninskoye in Russia and Tongjiang city in China began in 2014, underlining Russia’s move to develop ties with China.[…..]

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    Russia’s Covid-19 Vaccine Unveils Uncomfortable US & EU Government And Big Pharma Truths

    A Russian vaccine now versus another 8 months of waiting. Take your choice.  Op/Ed By Chris Devonshire-Ellis  Russia has registered (Tuesday August 11) the world’s first Covid-19 vaccine, with President Vladimir Putin announcing the rapidly developed vaccine’s approval. The vaccine, named “Sputnik V” has passed phase one and two trials. President Putin also stated that[…..]

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    New Russian Caspian Lagan Port To Service China, India & Iran

    Russia is planning to build a port on the Caspian Sea near the city of Lagan to increase trade in the Caspian region and beyond. Plans to build the port have been included in Russian Federation Government plans for the region, issued last week.

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    Russian Auto Boost With Electric, Driverless & Top Range Cars All About To Be Launched

    The Russian auto industry is starting to make waves, despite the Coronavirus outbreak with the pending launch of three different types of vehicles: an electric car named the Zetta, self driving taxis from Yandex, and the high-profile Aurus, set to rival Bentley in the top range stakes.

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    Digital Currencies To Be Permitted In Russia From 1st January 2021

    Digital financial assets, including cryptocurrencies, will be permitted to сirculate legally in Russia from 1st January 2021, but not bitcoin, or other variants. The law signed by President Vladimir Putin last Friday recognizes the existence of bitcoin, tokens and other digital assets. However, it does not remove restrictions to allow individuals to use cryptocurrency as[…..]

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    Russian Formula 1 Team To Compete From 2022?

    Ross Brawn, the F1 Managing Director of Motorsports said yesterday that a Russian team could again compete in Formula 1 championship. “We need a period of stability after this global pandemic and we also want to ensure the new rules settle down from 2022. We have a great grid with ten exciting teams and it is not[…..]

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    Russia To Re-Draft US$360 Billion National Development Plan In Wake Of Covid-19

    The Russian Government, hard hit by the Covid-19 pandemic, has been given a three month timeframe to come up with a revised National Development Plan to get the nation back on track after the economy retrenched -10% this year to date.

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    Putin & Trump Hold Talks – Increasing Trade On The Agenda

    Op/Ed by Chris Devonshire-Ellis Presidents Putin and Trump held phone discussions last week, for the second time in June. While the focus has been on military issues and a new Arms Control Treaty, the issue of trade was also ‘comprehensively’ dealt with. US-Russia trade reached about US$28 billion in 2019, a very low figure for[…..]

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