MOSCOW, Jul 25 (PRIME)
Russian cbank raises key rate to 8% as inflation risks growMOSCOW, Jul 25 (PRIME) -- The board of directors of Russia’s central bank has decided to raise the weekly repo rate, which is its key rate, to 8.0% annually from 7.0% as the risks that inflation will overshoot the 2014 target have increased, the central bank said in a statement Friday.
Russia to ban Ukrainian milk, dairy products imports July 28
MOSCOW, Jul 25 (PRIME)Russia will ban imports of all dairy products and milk from Ukraine from July 28 due to the presence of palm oil in cheeses, aide to the director of the Federal Veterinary and Phytosanitary Oversight Service Alexei Alekseyenko told PRIME Friday.
Russia’s Rosneft to increase capex to 730 bln rbl in 2014
MOSCOW, Jul 25 (PRIME)Russia’s state-owned oil major Rosneft’s capital expenditures will increase to 730 billion rubles in 2014 from 593 billion rubles a year before, Vice President for Economics and Finance Svyatoslav Slavinsky said in a telephone call on Friday.
Russia’s RUSAL forecasts aluminum deficit at 1.5 mln tns in 2014
MOSCOW, Jul 25 (PRIME)Russia’s UC RUSAL, one of the world’s largest aluminum producers, has raised the 2014 forecast for the global aluminum deficit to 1.5 million tonnes from 1.2 million tonnes, and expects prices for the metal to grow further, the company said Friday, citing First Deputy CEO Vladislav Solovyov.
Russian deputy want Web sites with fake accounts blocked
MOSCOW, Jul 25 (PRIME)The State Duma, the lower house of Russian parliament, has received a bill seeking to restrict access to Internet resources if fake user accounts appear and unreliable information is published, according to the document released Friday.
Interview with B&N Bank Vice President Irina Komarova