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Russian Central Bank Governor Nabiullina attends a news conference in...

Russia cuts rates to record low amid coronavirus crisis

Russia's central bank slashed interest rates on Friday to the lowest level since the collapse of the Soviet Union, pledging to consider the need for even lower rates amid waning inflationary risks and a shrinking economy.

FILE PHOTO: St. Petersburg International Economic Forum

Russia's Sbermarket braces for e-grocery boom

Russian e-commerce company Sbermarket is expecting at least 11-fold growth in its 2020 sales versus last year, as the COVID-19 pandemic triggers a surge in online retail it predicts is the start of permanent change.

Kremlin denies Putin can manipulate Trump

The Kremlin denied on Friday an assertion by a former senior U.S. White House official that Russian President Vladimir Putin thought he could play U.S. President Donald Trump "like a fiddle" and found it easy to manipulate him.