Press Releases

Russians Spend Staggering USD5.46B on Foreign Holidays

(MENAFN) Russians have set a new high for foreign travel expenditures in 2023, with a staggering $5.46 billion spent on holidays abroad in July alone, according to the Central Bank. This figure marks the largest single-month outlay since 2018,...

Russia Projects Oil Output to Grow in Coming Years

(MENAFN) The Russian Ministry of Economic Development is standing by its projection for oil production in 2025, keeping the target at 516 million tons, according to multiple local media reports on Tuesday. Citing newly released socio-economic...

Russia increases VAT, explains the reasons for it

(MENAFN) On Monday, Anton Siluanov, the Finance Minister of Russia, stated in an interview with a Russian news agency that Russia will increase value added tax (VAT) by 2% in order to reduce the budget deficit as well as curb inflation. The...

Russia Projects Drop in 2025 Gas Production

(MENAFN) The Russian Ministry of Economic Development has forecasted a 0.6 percent drop in the nation’s gas production for 2025, local media reported Tuesday. According to the ministry’s outlook on Russia’s socio-economic development for 2026 and...

Russia Retaliates After Austria's Expulsion of Russian Diplomat

(MENAFN) Russia announced Tuesday it will expel an Austrian diplomat in direct retaliation for Vienna’s recent move to eject a Russian official. The decision was confirmed by Russian Foreign Ministry spokesperson Maria Zakharova, who stated Moscow...

Russia tells European countries it is not interested in war

(MENAFN) Dmitry Medvedev, deputy head of Russia’s Security Council, warned on Monday that European speculation about a potential war with Russia over the next five years “should not happen,” emphasizing that such talk contradicts Moscow’s...

Russia brushes off Zelensky’s warning of potential attacks

(MENAFN) Russia has brushed off remarks by Ukrainian President Volodymyr Zelenskyy, who cautioned Kremlin officials that they should know “where the bomb shelters are.” In a recent interview, Zelenskyy said he had the support of US President...

Moscow understands Ankara positions to potentially stop buying Russian’s oil

(MENAFN) On Saturday, Russian Foreign Minister Sergey Lavrov was asked if US pressure might force Ankara to stop buying Russian gas and oil; in response, he stated that Moscow understand Turkey’s position. Following the 80th UN General Assembly's...

Russia’s Medvedev Dismisses War Speculation

(MENAFN) The deputy chairman of Russia’s Security Council, Dmitry Medvedev, stated on Monday that recent discussions across European nations regarding a potential military conflict with Russia within the next five years “should not happen,”...

Russian Official Blames Kyiv for Halt in Peace Talks

(MENAFN) The interruption in peace negotiations with Ukraine has stemmed from Kyiv’s refusal to proceed with discussions, according to Russian presidential spokesman Dmitry Peskov. He also issued a cautionary note concerning the potential transfer...

Russia Plans Raising VAT to Reduce Deficit, Control Inflation

(MENAFN) Russia plans to increase its value added tax (VAT) by 2 percentage points to address the budget deficit and help contain inflation, according to Finance Minister Anton Siluanov. This announcement was made during an interview with a news...

Ukrainian ombudsman concerned about use of Russian among nation

(MENAFN) The use of Russian in daily life in Ukraine is increasing again, particularly among younger generations, despite government measures aimed at limiting its presence, according to reports citing Kiev’s language ombudsman. Elena Ivanovskaya...

Ukraine Urges Media to Limit Russian-Language Content

(MENAFN) Ukraine is urging leading Western media platforms like YouTube and Spotify to revise their content recommendation systems to limit exposure to Russian-language material among Ukrainian users. This was disclosed by the country’s language...

Putin Celebrates Integration of Ukrainian Regions into Russia

(MENAFN) Moscow has expressed pride in officially welcoming four former Ukrainian territories into the Russian Federation, President Vladimir Putin announced. The Donbass republics of Donetsk and Lugansk, along with the Kherson and Zaporozhye...

Poland’s Tusk Says Russia-Ukraine War Is Also West’s War

(MENAFN) Polish Prime Minister Donald Tusk has emphasized that the ongoing Russia-Ukraine conflict represents not only Ukraine’s struggle but also a battle for the West. Speaking at the Warsaw Security Forum on Monday, Tusk stressed that it is...

Germany, France, Poland Urge Russia to Cease Airspace Violations

(MENAFN) Germany, France, and Poland issued a united call on Monday for Russia to immediately halt its "hostile acts" against NATO members, warning that further violations of airspace could lead to a perilous escalation. The demand came after...

Putin Holds Talks with Ethiopian PM in Moscow

(MENAFN) Russian President Vladimir Putin met with Ethiopian Prime Minister Abiy Ahmed on Thursday in Moscow, following their participation in the Global Atomic Forum. Abiy emphasized Ethiopia’s ambition to develop a “safe and transparent” nuclear...

Italy’s Foreign Minister Comments on Russia’s Intentions

(MENAFN) Italian Foreign Minister Antonio Tajani expressed confidence that Russian President Vladimir Putin has no intention of triggering a global war. His remarks on Sunday came as a response to recent allegations suggesting that Moscow might...

EU Plans to Curb Russian Diplomats' Movement

(MENAFN) The European Union is weighing a set of fresh regulations that would severely limit the travel of Russian diplomats across the Schengen area, citing accusations of “subversive activities.” This information comes from a report by a news...

Drone Strike Causes Fire in Moscow Region

(MENAFN) Two individuals lost their lives after a drone strike ignited a blaze at a private residence overnight in the Moscow region, according to Governor Andrei Vorobyov's announcement on Monday. "Unfortunately, a tragedy occurred in...