‘G-7 Actions: risking greater conflict with Russia’ This is apropos a letter to the Editor by this writer with the above headline carried by the newspaper recently. I... Published 22 Jun, 2024 06:47am
Business & Finance Russian central bank raises key interest rate to 16% to counter inflation MOSCOW: Russia’s central bank on Friday raised its key interest rate to 16 percent, announcing a fifth hike since... Published 15 Dec, 2023 07:00pm
World World Bank lifts Russia growth forecast on resilient energy exports WASHINGTON: The World Bank has significantly improved its outlook for the Russian economy this year due to... Published 06 Jun, 2023 06:49pm
World Russia risks cloud outlook for Central Asia, Caucasus: IMF ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face of... Published 11 May, 2023 03:04pm
World Russia may see wider 2023 budget deficit, lower growth for years to come: IMF MOSCOW: Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global... Published 11 Apr, 2023 06:22pm
Print G20 tussles overc war as West steps up sanctions BENGALURU: Finance leaders of the world’s top economies sought on Friday to bridge differences over how to deal with... Updated 25 Feb, 2023 09:04am
World Sanctions having ‘significant negative effect’ on Russian economy: Yellen BENGALURU: Sanctions imposed on Russia are having a “very significant effect”, US Treasury Secretary Janet Yellen... Published 23 Feb, 2023 05:19pm
Opinion US sanctions authority probes Raiffeisen on Russia The United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its ... Published 19 Feb, 2023 03:19am
World Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%... Published 02 Jan, 2023 06:43am
Business & Finance Russia likely to buy yuan on FX market in 2023 MOSCOW: Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, ... Published 23 Dec, 2022 05:54am
World Washington considers sending advanced air defence system to Ukraine KYIV/WASHINGTON: The United States was finalising plans to send its sophisticated Patriot air defence system to... Published 14 Dec, 2022 11:03am
Opinion Whoosh tests Russian IPO interest as foreign investors frozen out Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation ... Published 14 Dec, 2022 05:57am
World Xi, Putin to attend G20 summit in Indonesia’s Bali this November Chinese and Russian leaders Xi Jinping and Vladimir Putin will attend the G20 summit on the resort island of Bali... Published 19 Aug, 2022 10:04am
BR Research Stalemate, for now. It’s almost six months since Russia’s brutal invasion of Ukraine unfolded, sending global financial markets and... Published 19 Aug, 2022 08:55am
World A 'default' when flush with cash: Five signs Russia ain't sinking yet LONDON: Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast... Published 27 Jun, 2022 06:12pm
World Putin says no Iron Curtain will close off Russia’s economy LONDON: President Vladimir Putin said on Thursday that no Iron Curtain would fall over the Russian economy despite... Published 09 Jun, 2022 08:10pm
Markets Russia says no agreement reached with Turkey on Ukrainian grain sale LONDON: The Kremlin said on Thursday that no agreement had been reached to sell grain from Ukraine to Turkey - which... Published 09 Jun, 2022 06:56pm
Markets UniCredit executive says chances to cut Russia exposure ‘limited’ MILAN: UniCredit has “limited” opportunities to reduce its exposure to Russia, the Italian bank’s finance chief said... Published 08 Jun, 2022 07:09pm
Markets VTB says Russian banks could get $52bn boost if country ditches Basel rules Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital... Published 26 May, 2022 06:21pm
Business & Finance UK hits Russian airlines with fresh sanctions LONDON: The UK government said on Thursday it is slapping further sanctions on Russia’s main airlines by barring... Published 19 May, 2022 03:08pm
World Russian central bank eyes rate cut, warns of structural changes to economy Russia’s central bank will consider cutting its key interest rate further at upcoming board meetings, Governor... Published 21 Apr, 2022 08:38pm
Markets Inflation in Russia hits highest since early 2002 Annual inflation in Russia accelerated to 17.62% as of April 15, its highest since early 2002 and up from 17.49% a... Published 20 Apr, 2022 10:00pm
Business & Finance Russian rouble firms vs dollar, OFZ bonds near 2-month highs MOSCOW: The Russian rouble firmed against the dollar on Tuesday, while prices for OFZ government bonds rose to their... Published 20 Apr, 2022 05:12am
Markets Inflation in Russia hits highest in more than 20 years Annual inflation in Russia accelerated to 17.49% as of April 8, its highest since February 2002 and up from 16.70% a... Published 13 Apr, 2022 09:46pm
World Ukrainian foreign minister says ready to negotiate, but will not surrender WASHINGTON: Ukraine was ready to negotiate to end the war started by Russia's invasion more than two weeks ago, but... Published 12 Mar, 2022 11:04pm
World UK foreign minister ‘kicks’ Russia envoy out of meeting LONDON: British Foreign Secretary Liz Truss berated Moscow’s ambassador over his country’s invasion of Ukraine ... Published 25 Feb, 2022 06:19am
World US plans to cut ties with targeted Russian banks if Ukraine is invaded WASHINGTON/NEW YORK: President Joe Biden’s administration has prepared an initial package of sanctions against... Published 22 Feb, 2022 04:43am
Business & Finance Russia raises key rate to 7.5%, signals more hikes possible The central bank raised its 2022 average rate projection to 7.3-8.3% from 6.0-7.0% Published 22 Oct, 2021 04:39pm
Business & Finance Russia ups key rate to 6.75%, signals more hikes possible "If the situation develops in line with the baseline forecast, the Bank of Russia holds open the prospect of further key rate rises at its upcoming meetings" Published 10 Sep, 2021 04:59pm
Business & Finance Russian central bank sees its key rate at 6-7% in 2022 The Bank of Russia will hold its next board meeting on Sept. 10, where it is expected to raise the key rate again by at least 25 basis points Published 02 Sep, 2021 06:00pm
