Search results
7 hours ago · The head of Russia’s Sberbank German Gref said on Thursday it will participate in financing the project. Russia has proposed to raise taxes for companies and the wealthy, which may add an extra $30 billion to next year’s budget revenues and allow Moscow to increase spending, including on its war in Ukraine. — Reuters
7 hours ago · In Putin's Russia the main arbiter is the state, controlled by the former Cold War spies and technocrats in his entourage. CHINESE DRAGON State-controlled banks such as Sberbank, VTB In a sign of ...
7 hours ago · By Guy Faulconbridge and Vladimir Soldatkin ST PETERSBURG, Russia (Reuters) - Cut off from the West, Russia is pitching its $2 trillion economy to giants like China and Saudi Arabia and longer-term prospects like Zimbabwe and Afghanistan at its premier investment forum in St Petersburg, which was founded by the tsars as a window to Europe. The war in Ukraine has led to the biggest upheaval in ...
7 hours ago · In a conference at the St. Petersburg International Economic Forum, the CEO of Sberbank, Herman Gref, highlighted the promising future that artificial intelligence (AI) technologies hold for Russia’s economy. By 2030, AI is expected to contribute an impressive 4 to 6 percent to the nation’s GDP.
1 day ago · The prime minister of the Republic of Dagestan Abdulmuslim Abdulmuslimov and the Chairman of the Board of Directors of the Southwest Bank Branch of Sberbank of Russia PJSC Anatoly Pesennikov signed a cooperation agreement on the creation of an integrated system of municipal solid waste management.
7 hours ago · The war in Ukraine has led to the biggest upheaval in Russia's relations with the West since the 1962 Cuban Missile Crisis, and Western sanctions have forced a once-in-a-century revolution in ...
Jun 7, 2024 · While Russia's economy has shown resilience in the face of stringent Western sanctions, prices are rising as defence spending balloons. In dollar terms, the economy is about the same size it was a decade ago, and Putin is locked into an economic war with the West whose financial might is at least 25 times bigger than Russia's on a nominal GDP ...
