In June Russia exported the minimum monthly amount of barley over the last few years – 12 KMT. In 2015/2016 Russian barley exports dropped by 20% to 4244 KMT compared to record high result of 2014/2015. Exports decreased in all the key destinations except for Tunisia and Kuwait, where export volumes rose to 73% and…Details
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Russia’s Ninth Arbitration Court of Appeal has rejected Google’s complaint against a lower court’s decision that supported the antimonopoly service in finding the U.S. giant guilty of abusing its dominance on the market of preinstalled application stores. “The (lower) court’s decision will stay unchanged, and the appeal will not be satisfied”, the decision read. The…Details
Russian farmers lost about 50 billion rubles ($781 million) due to implementation of a duty on wheat exports during the last season, head of the Russian Grain Union Arkady Zlochevsky said. “As a result, during the last season farmers lost 1,000 rubles per ton. Last season sales of grain amounted to 52-63 million tons. Respectively…Details
A meeting on oil taxation issues chaired by Russian Prime Minister’s deputy Arkady Dvorkovich will take place in August, First Deputy Energy Minister Alexei Teksler said. “It has been already slated, it’s August”, Teksler said. The official said that the Energy and the Finance Ministries still had not agreed on a range of issues and…Details
Upward trend in wheat prices continues in Russian market. During last week milling wheat (12.5%) prices in Novorossiysk and Azov ports increased by $3-4 to $170-174/MT FOB and $150-154/MT FOB respectively for August and September delivery. Export prices for high protein wheat are still supported by lower supply, both on the global and domestic Russian…Details
UIA started testing SMS notification service informing passengers of all scheduled flights on any delays and cancellations. Therefore, the airline clients will be notified of important schedule alterations. Within 48 – 1 hour prior to scheduled departure, passengers who have provided UIA with correct contact details when booking their tickets may receive a notification on…Details
In January-July the average selling prices of agricultural enterprises for agricultural products increased by 7.9% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, the average prices for plant growing commodities grew by 19%, and the prices for livestock commodities – by 0.3%. In July the average selling prices for agricultural…Details