Russia’s Oil Revenues Tank Despite Historic OPEC Deal
Due to the oil price crash and the nature of Russia’s tax system, the budget of the Russian Federation is set to suffer from low oil revenues despite Sunday’s OPEC+ Continue Reading
Fearing virus, some Chinese in Russia self-isolate, many go home
As the coronavirus spread in Russia, a group of 500 Chinese residents of Khabarovsk city in the Far East decided to lock themselves inside an apartment block, imposing a regime Continue Reading
China Tightens Russia Border to Stem Surge of Coronavirus Cases
China raced to contain a new outbreak of coronavirus in communities along its northern border with Russia, just days after Beijing had all but declared victory over the disease where Continue Reading
Belarus To Launch New Nuclear Power Plant This Autumn
Officials in Minsk say a nuclear power plant being constructed in western Belarus will be launched during the summer and start producing electricity in the autumn. Energy Minister Viktar Karankevich Continue Reading
Coronavirus Death Toll in Europe Likely Far Higher Than First Reported
Newly published figures show deaths linked to the new coronavirus in the U.K. have far exceeded preliminary estimates, adding to a growing body of evidence across Europe that closely watched Continue Reading
China tightens Russian border checks, approves experimental coronavirus vaccine trials
China has approved early-stage human tests for two experimental vaccines to combat the new coronavirus as it battles to contain imported cases, especially from neighboring Russia, the new “front line” Continue Reading
French economy to contract 8% this year as lockdown extended: minister
The French government on Monday scrapped its days-old economic outlook after President Emmanuel Macron extended a national lockdown, shutting down swathes of the euro zone’s second-biggest economy. Finance Minister Bruno Continue Reading
Europe’s Economy to Slump More Than 10% on Virus Measures
Europe is heading for a double-digit slump in the first half of 2020 amid widespread lockdowns to stem the spread of the coronavirus, according to economists. Bloomberg’s monthly survey puts the Continue Reading
Putin’s Bleak Covid-19 Admission: ‘We Don’t Have Much to Brag About’
The head of Russia’s coronavirus task force, Tatyana Golikova, assured President Vladimir V. Putin in mid-March that the country was ready to take on the pandemic. From masks to ventilators, Continue Reading
Russia’s Gazprom eyes capacity increase on China gas export link
Russia’s Gazprom is working to boost the capacity of its landmark gas pipeline to China — the Power of Siberia — as it looks to ramp up flows via the Continue Reading