Deutsche Welle sees Russian international broadcasters as threat to European ideasWorld June 23, 17:34
Watchdog claims Telegram provides means of communication to terroristsBusiness & Economy June 23, 16:45
Russia launches serial production of seaborne air defense missile systemMilitary & Defense June 23, 16:25
Kamaz to invest 50 mln euro in construction of assembly plant in AfricaBusiness & Economy June 23, 16:16
Key facts about Turkish Stream projectBusiness & Economy June 23, 16:05
Lavrov slams NATO for its geopolitical ambitionsRussian Politics & Diplomacy June 23, 15:58
Russia, Belarus plan to create common visa space — LavrovRussian Politics & Diplomacy June 23, 15:37
Lavrov says no plans to occupy Belarus on pretext of conducting military drillsRussian Politics & Diplomacy June 23, 15:11
St. Petersburg may apply for hosting Champions League finalSport June 23, 14:53
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.