Business
Kremlin admits surprise at Russian economic growth
The Russian economy is set to end the year in better shape than the government previously expected, Kremlin spokesman Dmitry Peskov has said
Death of dollar rumors ‘no exaggeration’ – ex-White House adviser
The growing use of national currencies by BRICS could speed up global de-dollarization, former White House adviser Joe Sullivan says
Russia’s biggest automaker reports highest sales in a decade
Russian carmaker AvtoVAZ says sales of its Lada range vehicles in October has doubled since last year
EU chief sheds light on new sanctions against Russia
Brussels’ 12th package of restrictions on Russia will include trade controls and sanctions evasion measures, Ursula von der Leyen says
Russian tech giant to rival Google Maps in Dubai
The international branch of the Russian tech firm Yandex has developed the Yango Maps app for navigation in Dubai
Share of non-cash payments in Russia hits 80%
Cashless payments in Russia have surged to now represent over 80% of all transactions, the head of the Russian central bank has said
BRICS trade surges by half – Bloomberg
Trade turnover among the BRICS’ five current members soared 56% from 2017 to 2022
EU countries ramp up Russian LNG imports – report
Spain and Belgium boosted Russian LNG purchases despite EU pledge to stop using fuel from the sanctioned country
Top country for tourism to Russia revealed – RBK
The Russian security services have registered a surge in the number of Chinese tourists this year
Protesting Polish truckers to block border crossing with Ukraine
Lorry drivers in Poland will block several border crossings with Ukraine in protest against Ukrainian hauliers’ free movement in the country
Austrian bank sees major fall in Russia profits
Banking group Raiffeisen has announced downbeat financial results in Russia for the third quarter of 2023
Russia no longer a ‘gas station’ for the rest of the world – Putin
Russian economy should be sovereign and independent in order to withstand the Western pressure, President Putin has said
Europe on verge of housing crisis – Bloomberg
The number of new building permits in wealthy European countries has seen a massive decline this year
Sanctioned Russian stock exchange to resume trading
The SPB Exchange has announced the resumption of trading in Russian securities after being hit with US sanctions
EU has lost $1.5 trillion over Russia sanctions – Moscow
Cutting trade ties with Russia is damaging the economies of EU member states, the Foreign Ministry in Moscow has said
EU turns to Ukraine to store gas – FT
Some European countries are reportedly storing emergency gas supplies in Ukraine despite conflict-related risks