MOSCOW. July 2 (Interfax) - Russian GDP grew an estimated 1.2% year-on-year in May after rising 1.9% in April, 1.1% in March, 0.5% in February and 2.7% in January, the Russian Economic Development ...

MOSCOW. July 2 (Interfax) - Russia's Finance Ministry is looking into the possibility of providing tax incentives to companies implementing new projects for the extraction of rare earth metals (REM), ...

ST. PETERSBURG. July 2 (Interfax) - Sberbank has recorded an increase in applications for loan restructuring by private individuals and legal entities, and predicts that 2025 and 2026 will not be easy ...

The project to construct a gas processing plant (GPP) at the Karachaganak field with the participation of shareholders under the current production sharing agreement (PSA) has ceased, the press ...

MOSCOW. July 2 (Interfax) - Ukrainian President Vladimir Zelensky has signed a decree terminating Ukrainian citizenship of Metropolitan Onufriy (Orest Berezovsky), the primate of the Ukrainian ...

July 2 Interfax) - A Central Bank rate cut of 100 or 200 basis points would not be felt by the Russian economy, a bigger drop would be needed, Sberbank CEO Herman Gref said. "Obviously, it's high time ...

The dates of the next round of the Russia-Ukraine talks have not been agreed yet, Russian presidential press secretary Dmitry Peskov said. "Not yet. We expect the dates to be agreed soon. It's a ...

ST. PETERSBURG. July 2 (Interfax) - If indicators show a faster slowdown in the economy and deceleration of inflation in Russia, this will give the Central Bank room to cut the key rate more quickly, ...

YEREVAN. July 2 (Interfax) - The Armenian Public Services Regulatory Commission (PSRC) approved Rostelecom's (operating in Armenia under the OVIO brand) sale of 100% of the shares in its Armenian ...

BAKU. July 2 (Interfax) - The construction of a multimodal cargo airport in Azerbaijan's Alat Free Economic Zone (FEZ) is scheduled for completion in Q1 2027, the deputy head of the FEZ governing body ...

MINSK. July 2 (Interfax) - Belarusian gold and foreign-exchange reserves hit a record high of $11.537 billion as of July 1, 2025, compared to $8.923 billion at the beginning of the year, the National ...

Risks of Russia's economy overcooling are apparent, and it is critically important not to maintain high real interest rates for too long, Sberbank CEO Herman Gref said during the Central Bank of ...