Russia & CIS

The dollar exchange rate to the ruble grew 1.40 rubles to 79 rubles, and the euro increased 1.34 rubles to hit 86.02 rubles on the wake of oil trading after sanctions were lifted from Iran, according to currency exchange market trading statistics.

According to Organization of the Petroleum Exporting Countries, Russia managed to hit new oil supply record in 2015 despite the pressure exerted on the country's oil and gas industry by Western sanctions.

According to a report, Organization of the Petroleum Exporting Countries expects Russian GDP to grow in 2016 by 0.3 percent.

Russia could suspend loans to foreign countries as the country's budget continues to be strained by economic recession, the Interfax news agency reported Monday, citing Deputy Finance Minister Sergei Storchak.

The ruble weakened sharply on Monday morning as the price of oil fell to new lows, worsening the outlook for Russia's recession-hit economy.

The first launch of the rocket carrier from the new Vostochny Cosmodrome is possible in April, according to Russia’s construction company Spetsstroy Deputy Director Alexander Mordovets.

Japanese Prime Minister Shinzo Abe has called for a thaw in relations with Russia, urging dialogue in order to resolve flaring violence in the Middle East.

You could be a fluffy bunny. You could be a scary Zombie. You could even be Conchita Wurst. But you just had to be Stalin, huh?

Russian Deputy Security Council Secretary stated that Russia’s national interests dictate the need to maintain its potential in nuclear restraint.

Foreigners in Russia have advocated tolerance towards people with special needs for over two decades - their work continues to improve public understanding of the disabled.

According to currency market trade data, the Russian ruble fell against the dollar and euro after oil prices dropped.

Deputy Finance Minister said that Russia will not seek foreign loans as long as Western financial sanctions are in place.

Russian Deputy Prime Minister Arkady Dvorkovich said that Russian government expects that country's economy will growth in 2016 despite crisis.

State-of-the-art robotic demining systems have been put into service at Russia's Southern Military District, news reports said.

Ernesto Preatoni, an Italian real estate developer and investment guru with projects stretching from the Middle East to Eastern Europe, says that there's no time like the present to invest in Russia.

The severe cold spell motivated a resident of the Russian Siberian city of Omsk to transform his Soviet-made car into an off-road vehicle, the French TV channel TF1 reported.

Russia's navy will get 42 ships and supply vessels in 2016, Navy Ship Building Directorate head Captain 1st rank Vladimir Tryapichnikov said Saturday.

German Foreign Minister Frank-Walter Steinmeier said in an interview with Frankfurter Allgemeine Zeitung that both the West and Russia are interested in the resumption of such format of negotiations.

In an interview with German newspaper Die Welt, Hollywood star Leonardo DiCaprio admitted that he would love to play Vladimir Putin onscreen if provided with such an opportunity.

According to the managing partner of the British audit and consulting company EY (formerly Ernst & Young) Joe Watt said that Russia will never lose its global strategic importance.