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STATS
Source: World Bank
Currency: Russian RoubleGDP: 1.658 trillion USD (2018)
GDP per capita: 11,288.87 USD (2018)
GDP growth rate: 2.3% annual change (2018)
GNI per capita: 26,470 PPP dollars (2018)
Gross national income: 3.95 trillion PPP dollars (2018)
Internet users: 76.01% of the population (2017)
Alrosa: The diamond jewel in Russia’s crown
“Jewel in the crown” is a well-worn and frequently misused term, but in the case of…
Russian discount retailer Fix Price to list on LSE as poverty bites
Russian discount retailer Fix Price is planning the largest IPO by a Russian company on the…
Oil traders pour $1.5bn of own cash into $70bn Vostok ‘province’
Trafigura oil traders have put $1.5bn of their own cash into Rosneft's $110bn vast Vostok oil…
Trans Adriatic Pipeline opens, NS2 stalls
After four and a half years in construction, the Trans Adriatic Pipeline (TAP) last week began…
Ozon IPO soars as Russian retail investors just keeps on coming
The value of funds that Russian retail investors are channelling through brokerage accounts rose by $17.3…
Ozon IPO perks up Russian e-commerce sector
The Russian e-commerce market sprang back into life this week, with one of its oldest and…
KAZ team takes $900m bet on future of copper
A consortium led by KAZ Minerals chairman Oleg Novachuk and his fellow director Vladimir Kim this…
Poland fines Gazprom over Nord Stream 2
COVID-19 or no COVID-19, the controversy over the Nord Stream 2 pipeline shows no sign of…
Baltic Pipe Project all set to boost Poland’s energy security
Baltic Pipe Project: The prospect of Poland freeing itself from its dependence on Russia for its…
Huwaei wins Russian 5G contract as Trump pushes Xi and Putin into each others’ arms
Huawei is to build Russia’s first 5G wireless network after it struck a deal with MTS…
INSTC Corridor to get own logistics operator
INSTC: Russian Railways is in talks with its counterparts in Iran, India and Azerbaijan about the…
Assad looks to Russia to help rebuild Syria
It could cost as much as $400bn to rebuild the Syrian economy, President Bashar al-Assad told…
Putin sets his sights on Russian agribusiness
Russia could become a net exporter of food within four years and ultimately one of the…
Russia set to capitalise on US hostility towards Iran with EEU FTA and oil deals
US President Trump’s unremitting hostility towards Iran seems to be playing into Moscow’s hands, and sooner…
Exxon withdrawal and CEFC chief’s fall from grace double whammy for Rosneft
In what can without exaggeration be described as a bad day at the office, Rosneft was…
Putin pours oil on NS2’s troubled waters amid fears of German power play
Russian President Vladimir Putin moved to allay European fears of a political agenda behind the controversial…
S&P upgrade gives Putin pre-election boost, but central bank frets about oil
The Russian economy received a welcome if qualified vote of confidence last Friday when S&P Global…
German opposition to Nord Stream 2 grows while Morawiecki warns of “war”
German energy consumers may end up picking up the cost of a €2.7bn gas pipeline extension…
Russia and China set to join forces in Saudi Aramco IPO
A joint Russia-China investment fund is gearing up to participate in Saudi Aramco’s forthcoming IPO, the CEO of…
Mining giants in $4.4bn platinum JV
Russia is on track to overtake South Africa as the world’s largest platinum producer after its two …
NS2 pipeline issued first German licence – but harder hurdles lie ahead
The laying of the Nord Stream 2 (NS2) gas pipeline that will run under the Baltic…
‘The dogs bark, but the caravan keeps going’ – Putin dismisses Kremlin list
The US Ministry of finance on Monday published its so-called ‘Kremlin list‘ of 210 Russian government…
Russia looks to invest in Saudi Aramco as bonds with Riyadh grow ever deeper
Russian pension funds are considering investing in Saudi Aramco when it lists its stock in a…