Edition:
International

Darya Korsunskaya

Russian rainy day fund to get out of all U.S. dollar assets

Jun 03 2021

ST PETERSBURG Russia on Thursday said it would ditch all U.S. dollar assets in its National Wealth Fund (NWF) and increase holdings in euros, Chinese yuan and gold in what analysts said was a political move ahead of a presidential Russia-U.S. summit later this month.

EXCLUSIVE-Russia needs to unwind 2020 stimulus as economy recovers, deputy finmin says

Apr 20 2021

MOSCOW, April 20 Russia needs to normalise its budget and monetary policy faster than previously thought as high inflation suggests Moscow added more fiscal stimulus than needed to support the economy through the pandemic, Deputy Finance Minister Vladimir Kolychev said.

Russia, under fresh U.S. sanctions threat, says ready to issue Eurobond soon

Mar 22 2021

MOSCOW Russia stands ready to tap the Eurobond market any moment, and it expects foreigners' share among holders of its OFZ treasury bonds to stabilise in 2021 despite the threat of fresh U.S. sanctions, a deputy finance minister told Reuters.

High oil, weak rouble to boost Russian finances before election but pose inflation risks

Feb 25 2021

MOSCOW, Feb 25 Rising oil prices and a weak rouble could boost Russian state coffers before a parliamentary election this autumn, giving the authorities more leeway for social spending despite the risk of fuelling inflation.

Exclusive: Russia considering at least $6.7 billion spending package to ease discontent - sources

Feb 08 2021

MOSCOW Russian authorities are considering a new social spending package worth at least $6.7 billion to address discontent over falling living standards before an autumn election, according to two government sources.

EXCLUSIVE-Russia considering at least $6.7 bln spending package to ease discontent - sources

Feb 08 2021

MOSCOW, Feb 8 Russian authorities are considering a new social spending package worth at least $6.7 billion to address discontent over falling living standards before an autumn election, according to two government sources.

Kremlin confident it can ride out protests, ready to use more force: sources

Feb 04 2021

MOSCOW The Kremlin believes it can easily ride out nationwide protests over the arrest and jailing of opposition politician Alexei Navalny and is ready to authorise the use of more force against demonstrators if necessary, two sources close to it said.

Kremlin confident it can ride out protests, ready to use more force - sources

Feb 04 2021

MOSCOW The Kremlin believes it can easily ride out nationwide protests over the arrest and jailing of opposition politician Alexei Navalny and is ready to authorise the use of more force against demonstrators if necessary, two sources close to it said.

Kremlin confident it can ride out protests, ready to use more force - sources

Feb 04 2021

MOSCOW, Feb 4 The Kremlin believes it can easily ride out nationwide protests over the arrest and jailing of opposition politician Alexei Navalny and is ready to authorise the use of more force against demonstrators if necessary, two sources close to it said.

UPDATE 2-Russia to introduce formula-based wheat export tax on June 2

Feb 04 2021

* Exports of barley, corn will be subject to the tax too (Writes through to add latest comment from the economy minister)

World News

Biden pointedly asks Putin about cyberattacks at summit

GENEVA (Reuters) -U.S. President Joe Biden asked Russian President Vladimir Putin on Wednesday how he would feel if someone carried out a ransomware attack on Russian oil pipelines, a pointed question during their summit that illustrated the breadth of their disagreements.