#economy

Russia and Japan to Increase Life Expectancy in Russia

Russia and Japan are working together to develop a plan that will increase life expectancy in Russia by improving healthcare and creating more comfortable living conditions

Moody’s: Russian Oil and Gas Sector Unaffected by Sanctions

Analysts with the international credit rating agency Moody's claim that US and EU sanctions have had no major impact on the Russian oil and gas sector

Tourist Shoppers Spend More Than $160 a Day in Moscow

Tourists who come to Moscow to shop spend an average of about 10,000 roubles ($166.80) a day, according to Nikolay Gulyaev, head of Moscow’s Department of Sport and Tourism

Russian Governor Believes ‘Booming Villages’ Are Result of Sanctions

The Governor of Vladimir Region Svetlana Orlova called for Western nations not to hurry with lifting their sanctions against Russia

Russia Now China’s Leading Oil Supplier – Reuters

Russia has consolidated its position as China’s primary oil supplier, surpassing Saudi Arabia in the first ten months of the year

Russian Higher School of Economics Among World’s Top 100 Best Young Universities

For the first time ever, Russia’s Higher School of Economics was included in the rankings compiled by the Times Higher Education (THE), the Interfax news agency reported

Russia Becomes World Leader in Sugar Beet Production

Russia became the world leader in sugar beet production in 2016, overtaking France, the US and Germany, according to Minister of Agriculture Alexander Tkachev

Demand for Business Travel to Russia Increases by 60%

The number of invitations issued for business visas to Russia increased by almost 60% in 2016 compared to 2015

Russia Recognised Among Top 25 Best Countries in the World

Thanks to a formidable armed forces and proficient diplomacy, Russia has been ranked among the Top 25 best countries in the world

Russia and India Plan to Establish a $1 Billion Investment Fund

Denis Manturov, the Head of the Ministry of Industry and Trade of Russia said that Russia and India are negotiating on establishing new $1 billion fund

Russia Named Best Country for Investments in 2017

International investment banks called Russia the favourite of foreign portfolio investors for 2017

Investments in Moscow Exceed $28 Billion in 2016

Mayor of Moscow Sergei Sobyanin said that investments in the city's economy and industry exceeded 1.7 trillion roubles ($28.74 billion) in 2016

Russia's Largest Bank Predicts Influx of Migrants Due to Economic Growth

The influx of migrants in Russia will increase in 2017 if the economy continues to recover, according to a report by Sberbank CIB analysts

Bloomberg Predicts ‘Happiness’ for Russian Economy

Russia has the potential to drop nine spots in Bloomberg’s ‘Misery Index’ this year

FIAT Hopes to Make Tractors in Russia

The Ministry of Industry and Trade of the Russian Federation is considering Italian automobile company FIAT’s proposal to produce tractors in Russia

Russian Restaurateur Novikov Claims Import Substitution a Complete Success

Import substitution in the field of food production has been a complete success in Russia, according to restaurateur Arkady Novikov

Russia Again World’s Leading Oil Producer

Russia’s oil production surpassed Saudi Arabia’s in December 2016, although both countries’ overall output fell during that period

Russia to Start Shipping Poultry Products to Egypt

Russia received permission to export poultry products to Egypt

Foreign Tourists in Russia Spend $12 Billion Annually

The Russian Federal Agency for Tourism, or Rostourism, calculated how much foreign tourists spend

Russia’s Non-Resource Exports Increase to Almost 40%

The share of non-resource, non-energy exports from Russia rose to 38.2% last year, according to RNS, citing data from the Russian Export Centre

Bloomberg Predicts Russian Economic Growth in 2017

Russia's GDP will grow by 1.1% this year and by another 1.5% the year after, according to a survey of analysts conducted by Bloomberg