AKIT denies rumors of mass closure of order pick-up points
“The Association of Internet Trade Companies (AKIT) has denied the rumors that have spread about the mass closure of order pick-up points across Russia. This is reported by the Baza Telegram channel . According to AKIT, the total number of currently non-working pick-up points does not exceed 1%, which is a dynamically changing value. In other words, […]
Expert talks about the likelihood of housing prices falling in Russia
Real estate prices in the country will further stabilize, and the probability of their decline is low. This assessment was given by the head of the rating agency Expert RA Marina Chekurova in an interview with TASS . According to her, even in the conditions of the predicted decline in demand due to high rates on market mortgages, there […]
Russia estimates Gazprom’s losses in case Ukraine refuses gas transit
If Ukraine decides not to extend the agreement on the transit of Russian gas, Gazprom will face the loss of the opportunity to export 13 to 16 billion cubic meters of gas to Europe. According to estimates by the Institute of Energy and Finance (IEF) , the company’s monetary losses in this case could amount to $3.9 […]
The West has once again revised its forecast for the Russian economy
The Organization for Economic Cooperation and Development ( OECD ) has raised its forecast for Russian economic growth in 2024 to 3.7% from the previously expected 2.6%. In 2025, the estimate for the growth of gross domestic product (GDP) was also revised to 1.1%, which is higher than the previous forecast of 1%. This is reported in the […]
The Foreign Ministry named the number of sanctions imposed against Russia
Western countries have imposed over 21,000 sanctions on Russia. This was stated by Russian Foreign Minister Sergey Lavrov at a meeting of the G20 foreign ministers, TASS reports . “Over the past 10 years, more than 21 thousand illegal restrictions have been introduced against Russia alone <…>,” noted the head of the Russian Foreign Ministry. Lavrov noted that the extraterritorial […]
India has allowed indefinite supplies of one Russian product to the country
The agency launched the approval process for Russian lentils to enter the Indian market at the end of 2020. A year later, the Indian National Plant Protection Organization presented the quarantine phytosanitary requirements that lentils must meet and authorized the import of trial lots. Russia began supplying them in 2022. Laboratory tests conducted by Indian […]
The founder of the Delo Group of Companies called for the “rolling out” of new export routes
In order to achieve national goals of increasing export volumes, it is necessary to create new promising routes for Russian goods. This opinion of the Chairman of the Board of Directors of the Delo Group of Companies, Sergey Shishkarev, is quoted by the group’s official Telegram channel. The founder of the Delo Group of Companies […]
Authorities will oblige marketplaces to indicate the presence of product labeling
Marketplaces will be required to display information on product cards about whether they have the “Honest Sign” marking. This was reported by Rossiyskaya Gazeta , citing a decision taken at a meeting of the State Commission for Combating Illegal Circulation of Industrial Products. The amendments will be made to the draft law “On the platform economy”, which […]
The Central Bank has revealed the impact of the weakening ruble on inflation
The weakening of the ruble that has occurred will have a weak inflationary effect. This information is contained in the summary of the results of the September meeting of the Board of Directors of the Central Bank of the Russian Federation. “Participants noted that inflation in the 3rd quarter of 2024 is higher than the Bank of […]
Russians told whether they should be wary of the Chinese scenario in real estate
China is experiencing a serious downturn in the real estate market. Housing prices in major cities have fallen by 20-40%, while the volume of housing sales has decreased by 18%. This is reported by Rossiyskaya Gazeta The reason was excessive construction in recent years, which resulted in a huge surplus of housing, the publication notes. Experts believe that […]