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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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    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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    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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    Companies Investing In Russian Arctic To Receive Tax Incentive Benefits

    The Russian Corporation for the Development of the Far East will accept applications from investors who wish to receive Arctic residency status, from August 28, the Russian Ministry for Development of the Far East and Arctic said on Monday.

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    Russian State Sovereign Fund Finances UK-Russia Project With Oxford University To Produce Covid-19 Vaccine

    Moscow’s sovereign wealth fund publicly announced details of an agreement for the Russian pharmaceutical company R-Pharm to produce a coronavirus vaccine developed by British-Swedish AstraZeneca and the University of Oxford. We previously examined which countries are assisting with Covid-19 vaccine research in the Silk Road Briefing article Who’s Developing A Covid-19 Vaccine – The Alternative[…..]

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