Business
Russian nuclear giant ramps up supplies to ‘friendly’ states
Russian Rosatom says it has been boosting nuclear power-related supply on the global market, particularly to Asia, Africa, the Middle East
Poland to extend ban on Ukrainian grain – president
Poland will not lift the import ban on Ukrainian agricultural products, President Andrzej Duda has announced
Ruble rebounds as central bank steps in
The Russian ruble has recovered Monday’s losses as the Bank of Russia calls an emergency key rate decision meeting
‘Strong dependence’ on Russia affecting gas prices – Germany
Germany’s reliance on Russian gas continues to hit the EU’s largest economy, driving energy prices up, the Economy Ministry has said
Majority of Russians ‘don’t care’ about ruble exchange rate – MP
The chairman of the Duma Financial Markets Committee, Anatoly Aksakov, doesn’t consider a weaker ruble a major problem for Russians
Ruble slide no threat to Russia’s economic stability – central bank
The Russian central bank has signaled the possibility of a key interest-rate hike amid the ruble’s continued depreciation
Putin aide denies Moscow wants ‘weak’ ruble
The Russian currency will stabilize after the recent sharp depreciation, presidential economic adviser Maksim Oreshkin says
Ruble hits 100 to US dollar
The Russian ruble has declined to a 16-month low, despite capital controls and surging export revenues
BRICS bank aiming to expand trade in national currencies – report
The BRICS New Development Bank aims to boost local currency lending amid Russia sanctions, Reuters reports
Russia’s biggest private bank posts huge profits
Sanctioned Russian Alfa-Bank has reported impressive profits and solid market position despite the challenges
US further upgrades Russian wheat-export outlook
Russia will export 48 million tons of wheat in the 2022-2023 agricultural year, US Department of Agriculture says as it upgrades outlook
Food prices in France surge
Prices for frequently purchased goods in France have increased 13.1% in the year to July compared to the previous period
Egypt seeking large-scale investment from Russia – official
Egypt is seeking more investment from Russia as part of deepening economic ties, according to a governmental authority
US sanctions Russian tycoons
The US Treasury Department has added four Russian businessmen, including billionaires Mikhail Fridman and Pyotr Aven, to the sanctions list
Russians ditching dollars – central bank
Russians are converting their foreign currency into rubles thanks to a favorable exchange rate, according to central bank data
China closer to bringing lab-grown meat to dinner table
China has joined Singapore and the US in allowing the production of cultured meat to meet growing consumption