Toyota Motor to Close Its Plant in Russia
Russia’s Ministry of Industry and Trade has cleared that Japan’s Toyota Motor (NYSE:TM) Corp has decided to close its plant in Russia. In March, Toyota...
Tag : Russia
Russia Considers $50 Billion Hike in Taxes on Oil, Gas in 2023-2025
Russia is considering increasing taxes on the oil and gas sector to 3 trillion roubles (USD 50 billion) in 2023-2025, mainly to plug the budget...
Key Rate in Russia Lowered to 7.5%
According to analysts’ predictions, Russia’s central bank reduced its benchmark interest rate by 50 basis points to 7.5 per cent on Friday while warning of...
To Resolve Refinery Crisis, Germany Seizes Rosneft’s Oil Assets from Russia
The Russian oil company Rosneft’s local activities will be taken over by the German government, further dividing the two nations due to Russia’s invasion of...
Russia Spends $300 Million to Secretly Impact World Politics, Says US
Russia has stealthily spent $300 million plus since 2014 trying to impact politicians and other officials exceeding two dozen countries, the State Department alleged. State...
Russia Temporarily Halts Gas Flow Through Nord Stream 1
Gazprom suspended the flow of natural gas through its main pipeline from Russia to Europe earlier on Wednesday, a temporary move announced in advance. The...
Former Soviet President Mikhail Gorbachev, Who Ended Cold War, Dies at 91
Mikhail Gorbachev, known for ending the Cold War, has died in Moscow aged 91. On Tuesday, his death was announced by Russian news agencies. Media...
Russia Blocks UN Adoption of Nuclear Disarmament Declaration
On Friday, Russia blocked the adoption of a joint statement following a four-week UN nuclear disarmament treaty meeting, with Moscow condemning the political aspects of...
Russia to Launch Iranian Satellite Khayyam Today
Russia is scheduled to launch an Iranian satellite Khayyam into orbit on Tuesday. The satellite is scheduled to take off from the Moscow-operated Baikonur cosmodrome....
Russia Fines Google $370 Million for Repeated Content Violations
A Russian court fined Alphabet-owned Google 21.1 billion roubles ($373 million) on Monday for repeatedly failing to remove content Moscow deems illegal, state communications regulator...