Search

New payment currency may appear in Russia

A new payment currency, bypassing the global one, may appear in Russia. The aim of the initiative is the emerging need to abandon the dollar system in a situation of severe financial sanctions. Settlements in the new currency are proposed to be made with a number of friendly states. Among them are the countries ...

Young entrepreneurs in Russia will receive up to 1 million rubles grants

... emphasized separately that the new resolution would enable entrepreneurs from various fields to receive state financial assistance. It was noted that the resolution was developed as part of a plan of priority actions to ensure the development of the Russian economy in the face of sanctions and restrictions imposed by foreign states.

State retail chains may appear in Russia

... already been sent to a number of relevant departments, including the Ministry of Industry and Trade and the Ministry of Agriculture. Next in line are the relevant committees of the lower house of parliament, RT reports . Earlier, the Prime Minister of Russia noted that the Cabinet of Ministers continues to work to reduce the negative impact of the sanctions imposed on the economy of our country. In his opinion, it is necessary to preserve the possibility of access of the population to necessary goods.

Central Bank of Russia announced preferential loans for SMEs

The Central Bank of the Russian Federation, along with the Cabinet of Ministers, developed a plan to support SMEs. One of the measures should be a program of concessional lending in a number of banks. The total amount of funding under the program exceeded 670 billion rubles....

Head of the IMF admitted the possibility of default in Russia

... according to the head of the IMF, is the main factor in the ongoing uncertainty. As a side effect of the current situation, Georgieva named the increase in commodity prices, which in turn could hinder further growth and create difficulties for the global economy. The head of the IMF noted that Russia will definitely enter a recession, but neighboring countries in Europe and Asia may suffer as well. Speaking about the possibility of a default in the country, Georgieva noted that this scenario no longer seems unbelievable.

S&P Global Ratings: risk of default in Russia is high

Russia's sovereign credit rating was downgraded by 8 points. This was done by the international rating agency S&P Global Ratings (S&P) against the backdrop of sanctions imposed against Russia and Russian ones in response. At present,...

Food ration cards may return to everyday life of Russians

Rising food prices may ultimately lead to the introduction of food ration cards for low-income Russians. However, such a measure should not be considered a shame, says economist Ruslan Grinberg. He recalled that the similar practice was widespread in different countries, including the United States. According to Greenberg, in a situation of ...

Takeaway Coffee Shops Show The best Revenue This Year

... neighborhood stores (3%). At the same time, it is noted that the increased revenue indicators in the case of tobacco sellers are directly related to the increase in prices for the goods, TASS reports . The study also noted the non-food sectors of the economy, among which furniture stores showed good revenue (16%). The revenue of sellers of clothing and footwear also increased by a third, but there was a tendency for Russians to strive for more budget options. Despite the increase in revenue, the average check for clothing remained the same, although prices increased over the year. As for shoe stores, their average check fell by 9% altogether.

Sorted by relevance | Sort by date