Russia

Forbes launches eco-rating of Russian companies

NEO February 28, 2021

This year, Forbes Russia compiled a list of Russia’s 30 most eco-friendly companies for the first time, reported New Economy Observer February 26.

Russian President Vladimir Putin's popularity ticked up 1pp in February to 65%

bne IntelliNews February 28, 2021

Russian President Vladimir Putin's popularity ticked up 1pp from 64% in January to 65% in February according to the latest poll from independent pollster the Levada Center, regaining the levels prior to Navalny's demonstrations.

Russian business confidence bounces back strongly in January

bne IntelliNews February 28, 2021

There was a remarkable upswing in business confidence in January, according to Rosstat’s monthly survey. The confidence level rose to -1, its highest level since May 2019, marking a return to pre-coronacrisis levels.

Russia's paper and pulp company Segezha is tapping Russia's Green Gold

Ben Aris in Berlin February 26, 2021

Trees are one of Russia’s biggest natural resources – its “green gold.” Russia's forests stretch half way around the world and it is home to 70% of the planet's entire stock of soft wood – ideal for making paper

Putin’s trust rating improves 3pp to 32%, Navalny falls 1pp to 4% despite protests

bne IntelliNews February 26, 2021

Russian President Vladimir Putin’s trust rating improved by 3 percentage points to 32%, while that of jailed anti-corruption activist and opposition politician Alexei Navalny fell by one point to 4% in between December 2020 and February 2021.

Lufthansa to launch a first class "Corona Lounge" in Moscow to immunise rich Germans

Jason Corcoran in Dublin February 25, 2021

German national carrier Lufthansa is seeking to arrange dedicated flights to Moscow so wealthy Germans can avail themselves of Russia’s Sputnik V vaccine in what would be a huge publicity coup for the Kremlin, bne IntelliNews can reveal.

Emerging Europe strong on women’s economic opportunities but dragged down by low pensions

Clare Nuttall in Glasgow February 24, 2021

Different retirement ages for men and women lead to lower pensions for women despite reforms in 2019-2020, says World Bank report.

Copper is the new gold

Ben Aris in Berlin February 24, 2021

Copper prices have been soaring as the post-coronavirus recovery gets under way, pushing up commodity prices, but copper has been supercharged by the digitisation of the global economy and the rise of the electric vehicle (EV) industry.

Amnesty International rescinds Alexey Navalny’s prisoner of conscience status due to past “hate speech” comments

bne IntelliNews February 24, 2021

The human rights organisation Amnesty International rescinded its decision to grant “prisoner of conscience” status to jailed anti-corruption activist and opposition politician Alexei Navalny due to his previous "hate speech" remarks.

Russia’s coronavirus epidemic in retreat

bne IntelliNews February 24, 2021

Russia recorded less than 100,000 new weekly coronavirus cases last week for the first time since October. While the situation is improving the pandemic is not over, but the spread of the virus is slowing rapidly.

Putin, Lukashenko meet for six hours of intensive talks in Sochi

Ben Aris in Berlin February 23, 2021

This was the second time the two presidents had met in Sochi since Belarus was plunged into its worst political crisis of Lukashenko’s 26 years in office following the disputed August 9 presidential elections.

Rolls-Royce set new Russian sales record in 2020

bne IntelliNews February 22, 2021

Rolls-Royce Motor Cars announced a new sales record in Russia for 2020, delivering more than 200 vehicles to customers

Navalny loses two appeals and starts 2.8-year prison sentence

bne IntelliNews February 22, 2021

Russia ignores ECHR ruling to 'immediately release' the opposition politician.

Russia approves its third coronavirus vaccine CoviVac for domestic use, production launched before trials complete

bne IntelliNews February 21, 2021

Russia has approved CoviVac, its third coronavirus vaccine, for domestic use, Prime Minister Mikhail Mishustin said on state TV, although large-scale clinical trials have not started yet.

ING: Oil prices at $60, now what?

Warren Patterson head of commodities strategy at ING in Singapore February 19, 2021

There seems to be no stopping oil prices, with ICE Brent now trading well above $60/bbl. Clearly OPEC+ cuts are doing their job, while global recovery hopes are playing a big part. Will the oil price keep rising?

Russian message service Telegram hopes to raise $1bn with a convertible bond private placement

Ben Aris in Berlin February 18, 2021

In January the popular messaging service WhatsApp experienced an exodus of users. Most of them went to Telegram, which is now looking for money to continue its development.

Russia’s USM, Mail.ru Group, RDIF and Megafon to create a digital finance and payments JV with Jack Ma’s Ant Group

Ben Aris in Berlin February 18, 2021

Russia’s telecom and tech giants Mail.ru and Megafon, together with the Russian Direct Investment Fund (RDIF) will create a digital payments joint venture with Ant Group

EU imports of Russian gas surge in January, despite objections to Nord Stream 2

bne IntelliNews February 18, 2021

As leading EU countries lobby Germany to stop the construction of Nord Stream 2, the same countries have been dramatically increasing their imports of Russian gas as a cold snap sweeps the Continent

Navalny back in court on charges of slandering a WWII veteran

bne IntelliNews February 17, 2021

Anti-corruption activist and opposition politician Alexei Navalny was back in court on February 16 to face charges of slandering a WWII veteran in the latest stage of a full-scale media campaign by the Kremlin to discredit its most vocal opponent.

Russian retail investors put $8.6bn into foreign stocks, bonds in 2020

Ben Aris in Berlin February 16, 2021

Russian retail investment into stocks and bonds has finally taken off after decades of effort by the financial authorities. In 2020 retail investors put RUB638bn ($8.6bn) into foreign stocks and bonds, according to the Central Bank of Russia.

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