Russian top diplomat says Moscow to ensure aviation safety over Baltic SeaRussian Politics & Diplomacy February 21, 13:41
Kremlin: Putin made no statements on participation in 2018 presidential electionRussian Politics & Diplomacy February 21, 13:15
Kremlin declines to comment on appointment of Trump’s new national security adviserRussian Politics & Diplomacy February 21, 13:09
Press review: Russia’s UN envoy dies in New York and Iran urges closer ties with MoscowPress Review February 21, 13:00
Peskov on Ukraine blocking UNSC statement on Russia's late envoy: 'May God judge them'Russian Politics & Diplomacy February 21, 12:59
President of Azerbaijan appoints his wife as first vice-presidentWorld February 21, 12:37
Ukrainian MP Savchenko renounces parliamentary immunityWorld February 21, 12:32
Lavrov voices hope for restoration of Russia-Sweden relationsRussian Politics & Diplomacy February 21, 12:21
Diplomats all over the world will remember Churkin as an outstanding professional — LavrovRussian Politics & Diplomacy February 21, 11:50
MOSCOW, October 2. /TASS/. Falling world oil prices, geopolitics and the curtailment of the US Federal Reserve’s stimulus program have cost the Russian budget 4% of GDP, Finance Minister Anton Siluanov said on Thursday.
“The current year was uneasy from the viewpoint of external factors and shocks. This refers to the expectations of the curtailment of quantitative easing, geopolitical changes and risks. This has affected the investor behavior,” Siluanov said at an investment forum organized by Russia’s VTB Bank.
A plunge in world oil prices has also affected Russia’s economic growth, the finance minister said. “The oil price was $105-110 per barrel in the first half whereas now it stays at $101 per barrel,” the minister said.
However, the Russian government’s restrained policy has helped the country withstand all these external shocks, he said. “We’ll continue to pursue such policy,” the finance minister said.