Peruvian fire-fighting service wants to buy Russian Mi-171 helicoptersBusiness & Economy May 22, 18:00
Putin sets task of accelerating work on super-heavy rocketScience & Space May 22, 17:55
Russian PM comments on decision to remove trade restrictions with TurkeyBusiness & Economy May 22, 17:39
Russia and its EU partners discuss entry point for Turkish Stream’s second lineBusiness & Economy May 22, 17:38
Austrian chancellor to address SPIEF-2017 on June 2Business & Economy May 22, 17:00
Russian air defense weaponry sparks interest at Minsk military showMilitary & Defense May 22, 16:54
International Paralympic Committee decides to maintain Russia’s membership suspensionSport May 22, 16:46
McCain’s anti-Putin rants are ‘way out of line’ but fail to harm ties with US — KremlinRussian Politics & Diplomacy May 22, 16:29
Moscow has not yet decided on response if Kiev introduces visasRussian Politics & Diplomacy May 22, 16:09
NEW YORK, January 29. /TASS/. Russia managed to adjust to the consequences of Western anti-Russia sanctions, the country’s Finance Minister Anton Siluanov said on Thursday.
"The sanctions against Russia had a negative impact on us. However, the Russian companies and the country’s balance of payments managed to adjust. The ruble devalued, but as you can see life goes on in Russia," Siluanov said in an interview to CNBC television channel.
The minister added that the plunge in the world oil prices has had a more serious impact on Russia’s economy. According to Siluanov, the country’s total loss from both sanctions and oil price fall exceeded $200 billion.
"The key factor was the fall in oil price. We estimate lack of capital due to sanctions to total $40-50 billion," the minister said.