MOSCOW Russia's drive to fill state coffers to give itself a $200 billion buffer against threats like new U.S. sanctions is prudent, analysts say, but will come at the expense of economic growth.
MOSCOW Russia plans to halt exports of light and heavy oil products to Belarus from next month until the end of next year, with restrictions also applying to shipments of liquefied petroleum gas (LPG), two Russian government sources told Reuters.
MOSCOW The finance ministry in Moscow does not believe U.S. sanctions against Russian state debt are inevitable, and sees no imminent need to intervene in the bond market to support it, a senior ministry official said.
MOSCOW/JERUSALEM President Vladimir Putin said on Tuesday that the shooting down of a Russian military plane near Syria's seacoast was the result of a series of tragic and chance circumstances. | Video
MOSCOW, Sept 6 Russia's VTB bank has asked the
government and central bank to relax Basel III capital
requirements for Russian lenders, its chief executive said on
Thursday, adding that would allow banks to lend more to the
MOSCOW Russia's oil industry is awash with cash and will be able to withstand the planned 1 trillion rubles ($15 billion) in extra taxes over the next six years, Alexei Sazanov, the head of the tax department in the finance ministry, said in an interview.
MOSCOW Russia wants to curtail duty-free oil product flows to Belarus and is seeking a more transparent oil deal with the neighboring country, Alexei Sazanov, head of the tax department in the Russian finance ministry, said in an interview.
* Belarus has oil product surplus thanks to supplies from
MOSCOW Russian telecoms operators have proposed legislation that would oblige foreign Internet companies to share the financial burden of a new law on storing data in the country, a draft bill seen by Reuters shows.
MOSCOW Vladimir Putin has ordered that a proposal to raise 500 billion roubles ($7.5 billion) a year from metal and mining firms be looked at, but the Russian president has not decided whether to approve the plan by a Kremlin economic aide.