Russian top diplomat notes progress in settling Syrian crisisRussian Politics & Diplomacy January 20, 10:35
Car ploughs through crowd in Melbourne, casualties reportedWorld January 20, 8:57
Russian PM points to Washington’s reckless policy during Obama's presidencyRussian Politics & Diplomacy January 20, 8:49
Abe promises to visit Russia without delay for further progress in peace treaty talksWorld January 20, 8:27
Russia regularly repels cyberattacks from UK, Germany and USRussian Politics & Diplomacy January 20, 7:21
Russian Defense Ministry plans to stop using Tu-154, Tu-134, Il-62M aircraftMilitary & Defense January 20, 7:18
Russian citizen transferred from Guantanamo Bay to UAE — sourceWorld January 20, 3:26
Activists in Berlin stage picket condemning Obama’s foreign policyWorld January 19, 21:17
Russian regulator promises to respond to any US restrictions of RT channelRussian Politics & Diplomacy January 19, 21:09
ST. PETERSBURG, June 15. /TASS/. Despite a complicated economic situation, St. Petersburg has registered a growth of investment in fixed capital, and China has topped the list of foreign investors for the first time in a few years, Governor Georgy Poltavchenko said answering the question if anti-Russian sanctions affect the city’s investment attractiveness.
"The entire situation certainly tells negatively on our economy and on other countries’ economies. But the key harm from the sanctions, in my view, is that a negative information and political background is being formed in the West for cooperation with Russia," Poltavchenko said.
"Simultaneously with the country’s rating, the rating of St. Petersburg is also dropping, but I don’t really see the loss of interest as of today," he said, adding that over the first quarter of 2015, investment in fixed capital in his city grew 5.4% to 78 billion rubles ($1.4 billion).