• Kremlin: Finland’s banks closing accounts of Russian companies

    Banks in Finland are refusing to open and are also closing the existing accounts of Russian businesses, said the trade mission of the Russian Federation to Finland.

    The problem arose in 2015 after a wave of Western sanctions in response to the annexation of Crimea and the war in the Donbas, and since then has not been resolved.

    "Such cases are far from isolated, and this is of particular concern," said the head of the Russian trade mission Anton Loginov during a round table with Finnish …

  • Number of scientists in Russia falls to a multi-year low

    Russia continues to lose research scientists, reducing scientific personnel, contrary to the announced plans to make a technological "breakthrough".

    At the end of 2020, the number of people employed in the field of scientific research and development fell by another 3.2 thousand and amounted to 679.3 thousand - about 1% of the average working population.

    The number of scientists-researchers fell by 1.7 thousand people. And their total number - 346.5 thousand - was the lowest in at least the …

  • Transneft’s subsidiary in Belarus on verge of bankruptcy

    After a year of calm relations between Russia and Belarus in the oil sector are again beginning to deteriorate.

    Russian oil giant Transneft is considering the possibility of terminating the operations of its Belarusian subsidiary due to a sharp increase in taxes and pressure from Belarusian law enforcement agencies.

    Zapad-Transnefteprodukt, which supplies gasoline from Russian and Belarusian refineries to Hungary and Latvia, may suspend activities, Transneft President Nikolai Tokarev told …

  • Putin: Russia has won nuclear arms race with the United States

    For the first time in its history, Russia has been able to overtake the United States in high-tech weapons systems, President Vladimir Putin said at a plenary session of Russian Energy Week.

    According to Putin, the United States is only developing hypersonic missiles with a speed of slightly more than Mach 3.

    "And our systems are flying at speeds in excess of Mach 20. It's not just a hypersonic missile, it's an intercontinental missile. And they are on combat duty already in Russia," Interfax  …

  • Kremlin: Russians will remain without American visas for a long time

    Negotiations with the United States on restoring the normal work of embassies after the mass expulsion of diplomats ended in vain, Russian Deputy Foreign Minister Sergei Ryabkov told Interfax.

    Consultations with US Deputy Secretary of State Victoria Nuland, who visited Moscow on October 11, according to Ryabkov, were held "openly and quite frankly", but did not bring progress.

    "Those subjects - visas, the conditions for the functioning of diplomatic missions, the rotation of diplomatic …