Russian President Vladimir Putin held the first call with new US President Joe Biden yesterday. The two have met personally before, when Biden was part of the US Presidential team in 2011 and was Vice-President under Obama. Details of that meeting can be seen here. Yesterday’s discussions come nearly a decade later amid a much[…..]
The Russian Direct Investment Fund has applied for authorization of Russia’s Sputnik V coronavirus vaccine in the European Union, the state-run RIA Novosti news agency reported yesterday. The European Medicines Agency (EMA) has concluded a scientific opinion procedure for the vaccine developers on January 19 this year and is due to begin the formal approval[…..]
Op/Ed by Chris Devonshire-Ellis Foreign Minister Sergei Lavrov’s 2021 Speech and Q&A Details concerning Covid-19 vaccine cooperations Discusses prospects for Russia-US relations under Joe Biden Round up of Russia’s relations with the EU, China, India, Italy, Greece, Japan and the Ukraine Comments on US Social Media and Media Freedoms Compares Crimean situation with Britain’s Falklands
The Eurasian Economic Union – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia have taken an important integration step to protect its worker base. Russia in particular sees about 5 million expatriate workers from the EAEU take jobs in the country, where wages are higher and the population to service larger. Typically these range from manual labor[…..]
Moscow is undergoing a radical transformation of its Metro system, with 25 new metro stations being built in the Russian capital between 2021 to 2024. These are part of the ‘Big Circle Line’ of about 58km of new track around the city. Eight to nine new stations are planned to be commissioned annually, with 2021[…..]
South Korean President Moon Jae-in has said that he intends to speed up negotiations on free trade in the investment and services areas with Russia, in his national Lunar New Year speech, broadcast earlier today.
Terminals at Murmansk and Avachka Bay servicing Europe & Asia South Korean shipbuilder Daewoo has won a tender from Russia’s Novatek LNG operator in Yamal to build transshipment barges. These will significantly reduce shipping times for LNG cargoes bound for Asia and Europe from Russia’s Yamal LNG and Arctic LNG 2 projects. Each of the 360,000 cubic[…..]
The Moscow Stock Exchange (MOEX) index reached a new all-time high yesterday, as Russia’s national currency, the ruble, opened the first trading day of 2021 with an upward move, triggered by rising oil prices.
Russian IT companies, and especially software developers can now enjoy tax relief measure which came into force on Friday, January 1. These lower both the corporate income tax rates for such companies and insurance premiums for the industry.
UnionPay International has announced that UnionPay cardholders using their Huawei or Honor smartphones with Solidarnost Bank can now make contactless payments with Huawei Pay in Russia. The cooperation is a strategic move from UnionPay that follows the surging trend of the global contactless payment industry and accelerates the development of international mobile payment services. Russia[…..]