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Archive for May, 2020

20 Years of Attempting to Diversify the Russian Economy – Part I Posted by on May 27, 2020

Oil Pump jack

– We wanted to wean off oil dependency…                                                                – We wanted to do that, and we are gradually weaning off it, by the way. We are really…

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How Is Russia Supporting Its Citizens During The Global Pandemic Posted by on May 12, 2020

face masks in a wallet

Coronavirus has severely damaged the economies of many countries, and Russia is not an exception. Almost all areas of life are being affected by COVID-19. What is the Russian government doing to minimize the economic losses (экономи́ческие поте́ри) of its citizens? According to the Central Bank of the Russian Federation (Центра́льный банк Росси́йской Федера́ции), and…

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