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3 weeks ago | 
msn.com | Elena Fabrichnaya |Gleb Bryanski
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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3 weeks ago | 
reuters.com | Elena Fabrichnaya |Gleb Bryanski
Turning point after extended tightening cycleGrowth and inflation both slowing downFood inflation remains highCentral bank more confident in rouble stabilityMOSCOW, June 6 (Reuters) - The Russian central bank cut its key interest rate by a full percentage point to 20% on Friday, a surprise move by the bank which it justified by pointing to declining inflation pressure and a more robust rouble.
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3 weeks ago | 
reuters.com | Olga Popova |Gleb Bryanski
Farmers say half a million antelopes crossed from KazakhstanMany have drowned, contaminating riversThreat to major grain-producing regionMOSCOW, June 3 (Reuters) - Farmers in Russia's Saratov region have appealed to President Vladimir Putin for help in dealing with an invasion of saiga antelopes that have migrated from Kazakhstan and devastated their fields.
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3 weeks ago | 
kfgo.com | Gleb Bryanski |Elena Fabrichnaya
By Gleb Bryanski and Elena FabrichnayaMOSCOW (Reuters) – Russia’s central bank will keep its key interest rate on hold at 21% at its board meeting on June 6, but may soften its rhetoric and signal rate cuts later in the year, a Reuters poll of 26 economists showed on Monday.
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1 month ago | 
kfgo.com | Olga Popova |Gleb Bryanski
By Olga Popova and Gleb BryanskiMOSCOW (Reuters) -High temperatures and a lack of rain over the coming months are expected to deplete the harvest in Russia’s largest grain region Rostov, the head of the local grain lobby group said after a farming emergency was declared. Rostov Governor Yuri Slyusar issued a decree on May 19 introducing the state of emergency for farming after spring frosts and ordered local authorities to evaluate the damage. The declaration allows farmers to seek compensation.
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1 month ago | 
reuters.com | Olga Popova |Gleb Bryanski
Russia's largest grain region introduced state of emergencyRostov grain harvest fell by 22% in 2024 owing to bad weatherLack of rain likely to hurt Rostov harvestMOSCOW, May 20 (Reuters) - High temperatures and a lack of rain over the coming months are expected to deplete the harvest in Russia's largest grain region Rostov, the head of the local grain lobby group said after a farming emergency was declared.
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1 month ago | 
bilaterals.org | Gleb Bryanski |Olga Popova |Darya Korsunskaya |Louise Heavens
Negotiations
EAEU
Reuters | 15 May 2025Russian-backed union free trade deal with Iran goes into effectThe Russian-led Eurasian Economic Union (EEU) free trade deal with Iran went into effect on Thursday, paving the way for increased trade across sectors ranging from agriculture to metals, a senior Russian official was quoted as saying.
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1 month ago | 
sg.finance.yahoo.com | Darya Korsunskaya |Gleb Bryanski
Darya Korsunskaya and Gleb Bryanski Tue, 6 May 2025, 9:09 am 4 min read By Darya Korsunskaya and Gleb Bryanski MOSCOW (Reuters) -The Russian government plans to tap its fiscal reserves for 447 billion roubles ($5.51 billion), or about 1/10th of their liquid assets, to balance the budget in 2025 after a threefold increase in the deficit, the finance minister said on Tuesday.
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1 month ago | 
marketscreener.com | Darya Korsunskaya |Gleb Bryanski
MOSCOW (Reuters) -The Russian government plans to tap its fiscal reserves for 447 billion roubles ($5.51 billion), or about 1/10th of their liquid assets, to balance the budget in 2025 after a threefold increase in the deficit, the finance minister said on Tuesday. The finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product last week from 0.5% after reducing the energy revenues forecast by 24% due to expectations of a prolonged period of low oil prices.
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1 month ago | 
marketscreener.com | Darya Korsunskaya |Gleb Bryanski
MOSCOW (Reuters) -Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) on Wednesday from 0.5% after reducing the energy revenues forecast by 24% due to expectations of a prolonged period of low oil prices. The ministry lowered the 2025 oil and gas revenues forecast to 8.32 trillion roubles ($101.47 billion) or 3.7% of GDP from 10.94 trillion roubles or 5.1% of GDP. It also increased the 2025 spending plan by 830 billion roubles.
