Russia’s lockdown to slow the spread of COVID-19 is compounding the economic crisis in Tajikistan, where remittances from migrant workers make up 30 percent of gross domestic product.
All tagged Russia
Russia sees record rise as virus cases surge past 100,000
Russian Prime Minister Mikhail Mishustin on Thursday announced he has tested positive for the coronavirus, as the country's number of confirmed cases surged past 100,000 after its largest daily increase.
Coronavirus lockdown adds to misery of Moscow's homeless
With Moscow residents shut in their apartments during the COVID-19 lockdown, an estimated 15,000 homeless people are not getting the street handouts they often used to buy food.
Russia's Gazprom posts 17% hit to net profits in 2019
Russian energy giant Gazprom on Wednesday announced a 17 percent drop in net profit last year compared to 2018, over lower prices and falling sales to Europe.
Putin warns Russia has not reached peak of virus infections
President Vladimir Putin warned Tuesday that Russia had not yet reached the peak of coronavirus infections but said that a 'phased exit' from the country's lockdown measures could begin in two weeks.
Russia suspends grain exports until July 1
Russia, the world's largest wheat exporter, is suspending grain exports, including wheat, rye, barley and corn until July 1, the ministry of agriculture said Sunday.
Russia central bank sees GDP drop of up to 6% in 2020
Russia's Central Bank on Friday said the economy would shrink by four to six percent this year, as hopes of a revival were dashed by the coronavirus and falling oil prices.
For Russians, humble dacha provides refuge from coronavirus
After years spent on submarines with Russia's Northern Fleet, Ivan Chernyshyov is having no problem adjusting to life on coronavirus lockdown—especially as, like many Russians, the retired sailor can escape to the countryside.
Short on protective gear, Russian medics fear infecting patients
As the number of COVID-19 cases across #Russia grows, doctors, nurses and other medical staff—especially outside Moscow—are worried that instead of helping people during the pandemic, they are infecting them.
Moscow to review virus lockdown passes over metro crowds
Moscow said Wednesday it will review a new electronic permit system to regulate its coronavirus lockdown after large crowds formed in metros as police checked passes.
Russia's small businesses buckling under virus restrictions
When President Vladimir Putin announced a paid holiday for the month of April to keep Russians home and prevent the coronavirus from spreading, many small business owners braced themselves.
Huge Arctic oil project to boost Russian GDP
Russian oil giant Rosneft promised Tuesday to boost the nation's economy with a $157 billion project to reach five billion tonnes of oil as Moscow expands production in the Arctic.
Putin decides low-growth Russia could use help from Keynes
With time running out on his final term as president, Vladimir Putin evidently wants to end it with a boom.
Putin outlines sweeping powers for State Council in shakeup
President Vladimir Putin proposed giving broad new authority to set the direction of foreign, domestic and economic policy to the State Council as part of the constitutional overhaul he announced last week.
Bowing out in 2024? Cryptic Putin comment reignites speculation
Russian President Vladimir Putin may have dropped a major hint on Thursday about not running again in 2024, with a cryptic remark that the wording in the constitution on presidential mandates should be amended, observers said.
Easy money: Russians trapped by weight of consumer loans
Russians, whose real disposable incomes have been falling since 2014, are borrowing more and more to support their businesses and lifestyle or even make ends meet.
Germany tells US to back off over Russian pipeline
Germany on Thursday warned Washington to mind its own business after US lawmakers gave initial approval to a bill that would sanction contractors working on a Russian pipeline to Germany.
Putin, Xi launch 'historic' Russian gas pipeline to China
Russia and China on Monday launched a giant gas pipeline linking the countries for the first time, one of three major projects aimed at cementing Moscow's role as the world's top gas exporter.
Five years after sanctions, Russian cheeses getting top marks
Two high-school sweethearts became the first Russians to win a gold prize at the World Cheese Awards, the latest sign of flourishing in Russia's cheese-making industry since President Vladimir Putin banned Western food imports in 2014 in a tit-for-tat measure over the Ukraine crisis.
Russia plans another move out of dollars, into euro, yuan
Russia is planning to cut the dollar’s share in its $125 billion sovereign-wealth fund, following a major move last year out of U.S. assets by the central bank.