The National Mercantile Exchange will start public purchasing interventions in relation to new crop grains in the coming days, the Director of the Department of regulation of agricultural markets at the Ministry of Agriculture Vladimir Volik declared. According to him, trading operations will run either on September 16, or on September 19. Also, Volik specified…
The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…
The U.S. has lifted some of its sanctions imposed on Russian defense company Rosoboronexport so that the countries are able to cooperate under a helicopter project, Zamir Kabulov, director of the Second Asian Department at Russia’s Foreign Affairs Ministry, said. “We supplied 63 Mi-17 helicopters to Afghanistan in the previous year and in the year…
Several Internet projects of the Runet, the Russian-speaking segment of the Internet, have beaten the country’s biggest TV channels by audience coverage, according to TNS study for June. Google led by monthly audience coverage with 88% and was followed by its local rival Yandex with 87.2% and social network VKontakte with 86%. YouTube had 82.7%…
According to the Federal State Statistics Service (Rosstat), in 2016/2017 MY the planted areas under soybeans in Russia will increase to the record level of 2.18 million ha (up by 3% YoY). According to APK-Inform forecasts, in 2016/2017 MY the general harvest of the oilseed will reach the record level of 2.71 million tons in…
Russia’s Federal Antimonopoly Service is not inclined to extend the period given to Google to fix its breaches on the local market of preinstalled application stores; still no final decision has been made, the authority’s Director Igor Artemyev said. “Now the official who made the corresponding decision should take steps. We will speak to that…
A Russian proposal to use its wheat stockpiles to supply aid to Syria may cut demand on the international market from the Middle Eastern country that’s estimated at more than 1 million metric tons this season. That has the potential to add to a glut that’s pushed prices near 10-year lows as a bumper harvest…