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vacation's off

Half a Million Russians Shut Out of Turkey After Virus Restricts Travel Again

Russia will drastically cut flights to and from Turkey, a top destination for Russians, from April 15-June 1 due to rising Covid-19 cases.
AMERICAN EXPANSION

Russia’s Top Online Retailer Targets U.S. Market

Wildberries launches on Amazon’s home turf in latest international expansion.
ALREADY PEAKED

Russia May Have Passed Peak Oil Output – Government

Russia’s oil production is unlikely to recover to pre-coronavirus levels, according to a government strategy document cited by Kommersant.
LAUNCH SCHEDULED

Russian Timber Outfit Segezha Eyes $400M in Moscow IPO

Exporter hopes to capitalize on surging global demand for green non-plastic packaging options.
Labour migration

As Russia Cracks Open Gate, Rush for Air Tickets Ensues in Tajikistan

People are resorting to desperate measures to get hold of the money needed to buy the costly air tickets to Russia.
open sales

Zoom to Directly Sell to Russian Gov’t Agencies After Controversy

Earlier reports said that the video-conferencing platform had restricted premium access to Russian state-affiliated entities.
Price politics

Russia’s Central Bank Demands End to Food Price Caps

Inflation climbed to 5.8% last month, official data showed, but the regulator worries caps are the wrong way to address surging prices
Conflict casualty

Ruble Slides on Ukraine Conflict Fears

Currency hits new low for 2021 as stand-off over Ukraine intensifies.
private only

Zoom Bans Sales to Russian Government, State Firms – Kommersant

Experts linked the ban to risks of U.S. sanctions and difficulties complying with Russian legislation.
OUTFLOW

Sanctions Threat Pushes Foreign Share of Russian Debt to 6-Year Low

International investors hold less than 20% of Russia’s government debt for the first time in six years.
Failed Launch

Russia’s First Space Tourism Company Closes

Kosmokurs planned to charge tourists between $200,000 and $250,000 to spend about five minutes in zero gravity.
GREEN revolution

Former Russian Government Official Denis Sverdlov Scores $10Bln With Electric Vehicle Startup

The tech entrepreneur and former deputy minister hopes his electric truck-maker Arrival can become the McDonald’s of the green transport revolution.
online clampdown

Russia Extends Twitter Slowdown, Deadline to Remove Content

Russia said Twitter started cooperating after the country's media watchdog threatened to block it over failing to delete banned content.
PANDEMIC WINNER

Goldman Sachs Russian Unit Sees Record Business Throughout Pandemic

Market volatility and multi-million dollar corporate deals push investment bank profits to new high.
BITTER TASTE

Russian Price Controls Disrupt Sugar Deliveries – Izvestia

The government’s latest measure to cap soaring prices could have backfired, freezing the market.
MCGREGOR EFFECT?

Russia Gets a Taste For Irish Whiskey

Russia is now the second largest market for Irish whiskey in the world.
Problem debt

Russia's Overdue Payday Loan Portfolio Hits New Record

More than a third of all short-term loans are in arrears.
ON THIS DAY

One Year On: How Russia’s Coronavirus Lockdown Hit the Economy

Russia avoided mass unemployment and a sharp fall in GDP but has one of the world’s highest excess death tolls.
STARTUP STRUGGLES

Russian Venture Capital Market Falls 20% During Pandemic

Total venture capital investment came in at $703 million in 2020.
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