Tanzania plans to sign education, investment agreements with Russia
Tanzanian President Samia Suluhu Hassan intends to participate in the St. Petersburg International Economic Forum, where she will address the plenary session
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Business & Economy
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Russia ready to participate in modernizing Indonesia’s transport infrastructure
The Russian Transport Ministry noted steady growth in air traffic between the two countries
Court fines Telegram $52,200 for refusal to delete information
The messenger was recognized as liable for committing an administrative offense under Part 2, Art. 13.41 of the Russian Code of Administrative Offenses
UAC to produce 6-12 Il-114-300s per year
Several regions are competing to receive the first batches of Il-114-300s
Most powerful Leader nuclear icebreaker to reach Rosatom in Dec 2029
Rossiya icebreaker is expected to be the most powerful in the world, more than doubling the capacity of existing icebreakers
UAC considering possibility of attracting private investment in future
CEO Vadim Badekha also noted that the United Aircraft Corporation expects to post a profit in 2026 and maintain positive financial results in the coming years
Saudi Arabian energy minister to lead country’s delegation to SPIEF — Roscongress
The delegation will include Minister of Industry and Mineral Resources Bandar Al-Khorayef, Minister of Transport Saleh bin Nasser Al-Jasser, and around 200 representatives from key ministries, agencies, development institutions, and…
Russia’s population supplied with underground water reserves — minister
Alexander Kozlov noted that large cities use rivers and reservoirs – surface water sources – to ensure water supply
UAC expects to post profit this year and in coming years
According to CEO Vadim Badekha, the United Aircraft Corporation stopped generating losses in 2025
Bank of Russia purchases yuan worth $16.5 mln with settlements on June 1
The Central Bank also purchased yuan on the domestic market in the amount of $16.5 mln with settlements on May 29
Orders by Russians from China rise 60% in January-May
The average purchase amount fell from 18,007 rubles to 16,300 rubles over the year
Gas injection into Europe’s storage facilities falls 13% in May, reserves at five-year low
Gas withdrawals from European storage facilities in May totaled 863 mln cubic meters, up 1.5% year-on-year
UAC chief says Russian aircraft could account for up to 100% of country’s fleet
Vadim Badekha also highlighted the current scale and pace of work on the civilian aircraft lineup
Russian stock market rises at start of trading
As of 10:00 Moscow time, the MOEX and the RTS indices rose by 0.48%, reaching 2,582.33 points and 1,136.9 points, respectively
Russia to produce around 500 tons of gold in 2026
Alexander Kozlov also said that silver production could increase by 7%
Full ban on Russian oil will not be included in new EU sanctions package — Politico
Sources indicate that proposals for a full ban on Russian oil and maritime services restrictions do not yet have sufficient support among EU member states
Lukoil, Rosneft may be included in new EU sanctions package — Politico
The publication notes that the European Commission may present proposals for the 21st sanctions package as early as next week
AfD representatives to attend SPIEF to promote Germany’s economic interests
The party representative stressed that the lawmakers’ trip had been approved by the faction
Su-75 Checkmate fighter developed for Russian Defense Ministry, foreign customers — UAC
According to CEO of the United Aircraft Corporation, Vadim Badekha, the main advantage of the single-engine fighter is the lower cost of the aircraft itself and the costs of its…
Iberostar Severs Ties with 12 Military-Owned Hotels in Cuba
Iberostar is following the path taken by Blue Diamond Resorts of Canada, one of the leading foreign operators in Cuba’s tourism sector. The post Iberostar Severs Ties with 12 Military-Owned…
Business & Economy
An Old Friend Living for Decades in Sweden Returns to Cuba
I haven’t had to explain much. Reality itself has taken care of making it clear to her that the country she remembers no longer exists. The post An Old Friend…
Business & Economy
Cuba’s Wage Problem
The official monthly minimum wage in Cuba is 2,100 Cuban pesos, which at the current “street” exchange rate equals about $3.80 USD. The post Cuba’s Wage Problem appeared first on…
Business & Economy
Direct flights to Tanzania will provisionally start on July 2
Russian Transport Minister Andrey Nikitin said the issue was promptly considered and the authorization for flights was already sent to the airline
Business & Economy
Russia among three countries having full digital sovereignty — Security Council secretary
Russia was disconnected from SWIFT after 2022 although "this is allegedly a commercial private organization," Sergey Shoigu noted
Business & Economy
Netherlands aims to leverage chip industry for geopolitical influence, PM says
Rob Jetten noted that the Netherlands had recently announced a strategic partnership with India in the semiconductor sector
Business & Economy
Weekly inflation in Russia reach 0.07% — statistics
Consumer prices ticked up by 0.11% from the start of May and by 3.22% year to date
Business & Economy
Bank of Russia lowers dollar rate to 70.9 rubles for May 28
The official euro rate was lowered by 57.51 kopecks to 82.7224 rubles
Business & Economy
Retail funds with Russian banks surge to $959.8 bln — Central Bank
Corporate funds slightly increased by $2.8 bln
Business & Economy
Profit of Russian banks down 22% monthly in April 2026 — Central Bank
The main driver were losses from transactions with foreign exchange, precious metals and derivatives, the regulator noted
Business & Economy
FACTBOX: What is known about Russian gas supplies to Armenia
Gas is delivered to Armenia via Georgia via the North Caucasus-Transcaucasia gas pipeline
World
Japanese officials confirm importance of communications with Russia
The Japanese officials held meetings with representatives of the Russian Ministry of Economic Development and the Ministry of Industry and Trade
Business & Economy
Foreign investors ready to increase investment in Hainan free trade port
The statements were made during the investment conference "Connecting Two Ports – Access to the Global Market"
Business & Economy
Representative of Japan Business Federation departs to Russia
The delegation also includes officials from Japan’s Ministry of Economy, Trade and Industry, and the Foreign Ministry, a Keidanren spokesperson says
World
Venezuelan leader announces government reorganization
Delcy Rodriguez says the new structure will correspond to Venezuela’s new realities
Business & Economy
Russia’s investments in Kazakh economy nearing $30 bln — Putin
The Russian president says that for several years running, the export and import operations between the states have remained at a high level
Business & Economy
Aviation authorities received guidance on special flight regime in Moscow zone
According to the statement, this regime does not affect passenger and some other flights