Business
Russian region reduces teachers’ mortgage rates to 0.7%
A preferential mortgage program will be available for teachers in Russia’s Far East, VTB bank has announced
Germany warns EU about ‘dangerous’ green proposal
Implementing the EU ‘Green Deal’ may cause social unrest and empower “far right” critics, German Finance Minister Christian Lindner has said
Recent ruble drop no cause for concern – Putin
Factors driving the ruble’s devaluation are manageable as Russia has instruments to support its currency, Vladimir Putin has said
West eroding global trust by limiting Russia’s access to dollar and euro – Putin
The sanctions on Russia have made Western currencies unreliable, creating the need for alternative payment systems, Vladimir Putin said
Dollar is ‘illegally’ used as weapon, top Russian banker tells RT
The US financial system poses too many risks and the Global South should establish its own alternative, says VTB CEO Andrey Kostin
Putin outlines economic vision for 21st-century Russia
Russia’s Far East will be the engine of national growth in the near future, President Putin has said
Russian Far East likely has huge amounts of undiscovered resources – Putin
Russia’s Far East probably has vast undiscovered resources for the development of the country’s economy, President Vladimir Putin has said
Russia has earned twice as much money as West seized – Putin
Moscow has already earned double the amount of foreign exchange reserves frozen by the West, Vladimir Putin has said
Putin calls on Russian businesses to invest at home
Russian entrepreneurs are better off investing domestically, where there is no threat of asset seizures, Vladimir Putin has said
Russian state bank beating forecasts – chairman
Sber’s net income in January-August soared to just short of $10.5 billion, according to CEO German Gref
German construction industry ‘faces abyss’ – property mogul
The downturn in Germany’s crisis-hit development sector threatens the EU’s top economy, property giant Vonovia has warned
Russia’s largest private bank plans China expansion
Alfa-Bank wants to become the first private Russian bank to open full-scale branches in Beijing and Shanghai, the lender has announced
Freight turnover via Russia-China bridge booming – official
Cargo turnover on a bridge connecting Russia and China more than doubled over the year, the Amur Region governor has said
Russia resumes saving money in National Wealth Fund – minister
Russia will continue growing its sovereign wealth fund with oil and gas profits rising, the Finance Ministry says
EU destroying its industries by shunning Russian energy, official tells RT
Production in many EU factories has been stalling due to last year’s ban on Russian coal, Deputy Energy Minister Sergey Mochalnikov says
Russia unlikely to ditch dollar and euro completely – top banker
Moscow is forced to turn to alternative currencies due to problems that accompany the use of the dollar and euro, said VTB CEO Andrey Kostin