What influence does the key rate of the Central Bank have on the Russian economy? If you have access to foreign money, you raise this money at the interest rate of four percent. If you work with Russian money, you raise this money at 15-20 percent. The key rate is the basic parameter that differentiates the types of countries on their economic...
In a recent statement, the Office of the Prosecutor General of the Russian Federation said that the activity of the US-based non-governmental organization National Endowment for Democracy in Russia was undesirable. Officials with the US State Department released predictable comments after the decision was announced
When the president of Estonia called some of his colleagues "Putin's useful idiots," none of them protested. The rank of "Putin's useful idiots" includes Western businessmen, politicians, journalists and even generals. 'Never argue with stupid people, they will drag you down to their level and then beat you with experience," Mark Twain once said
BRICS has revived friendship and cooperation between Russia and South Africa. The relations between Pretoria and Moscow, including economic ones, experienced hard times since the 1990s. The West was doing its best to set Russia and South Africa against each other. As a result, both sides have lost a lot
On July 22, a group of French MPs - republicans, leftist and centrist parliamentarians arrived in the Crimea. During their stay on the peninsula, the officials intend to learn more about its residents and assess the level of living standards in the region to give French citizens firsthand information about life in Russia's Crimea
The Russian royal family and four of their servants was brutally murdered in July of 1918 in the basement of the Ipatiev house in the city of Yekaterinburg. The aim of the ruling circles of Great Britain and certain circles in the United States was to overthrow and kill of the Russian royal family
Everyone can see what is happening in the economies of Western Europe. Their growth is zero. Russia will have the same if it sticks to European partners only. Now look at the countries of the Asia-Pacific region. They have five-seven percent of economic growth. Chinese economy grows by seven percent. Russia's goal is to leave Europe behind
This comparison is incorrect. Firstly, one needs to understand that in the Donbass, it was common people, who took weapons in their hands. They organized themselves and started fighting to exclude their own mass extermination - genocide - that the Ukrainian government was going to conduct in the east of the country
The West is changing its nuclear strategy. They intend to pull out from the treaty on short and medium-range missiles. The United States will thus be able to deploy medium-range ballistic missiles, cruise missiles and ground-based missiles in Europe. All this is being done for the so-called decapitating and preemptive nuclear strike on Russia
Anti-aircraft missile system S-400 "Triumf" is second to none in the world and is recognized as the most advanced system of the kind. The idea to create a long-range system appeared during the 1990s to destroy targets at a maximum range at medium altitudes
Economists surveyed by Bloomberg named ten countries with worst expectations for GDP growth this year. Russia is to be ranked second in terms of GDP reduction - 3.5 percent - after Ukraine's four percent. Is it possible to say that the Russian economy is one of the weakest in the world?
Russia, being not a G7 member anymore, concentrates on the blocs, where the West is not represented. The large-scale joint summit of BRICS, the Shanghai Cooperation Organization (SCO) and the Eurasian Economic Union (EEC) in the city of Ufa on July 8-10 will be a major geopolitical event for those forces that stay away from Washington
Most Russians have only negative associations when they think of gambling business. The dynamically developing industry has not taken roots in Russia, even though it was bringing very good taxes to regional budgets and state treasury. In 2009, all casinos in Russia were closed. More than 400,000 people - most of them young people - lost their jobs