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Secret spending of the Russian budget

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The largest share of such costs included in the budget for “national security and law enforcement activities.” It spending will amount to 154 billion rubles, which is the maximum for the last 12 years. This growth is associated with an increase in funding of the section entitled “Other issues in …

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Dark fall: the dollar 70

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The Ministry considers that in October, the Russian currency will start to depreciate and at the end of December the average rate will be 63 of the ruble. Now the dollar is worth about 58 cents. Analysts agree that the dollar will go up gradually, but the variation of their …

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Russia doubled its trade with North Korea despite sanctions

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Russia is stepping up economic support to North Korea despite Pyongyang imposed sanctions in an effort to keep afloat the regime of Kim Jong-UN and save it from economic isolation and bankruptcy, sought by the West and the United States.As reports Reuters, citing close to the Kremlin sources, Moscow is …

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Chechnya takes millions

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The government refused from plans to increase in 2018, the budget for development of the North Caucasus. According to the draft Federal budget 2018-2019 expenditure on the relevant programme will be reduced by approximately 111 million rubles compared with the current year. Instead of the anticipated a year earlier growth …

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Harsh and merciless – Russian oil

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Few people watched as the oil industry’s biggest players appetizing ate small. I, as a devoted fan of all of the energy business, notably in the Russian oil and gas, watched all the UPS and downs of the market. A gripping situation and to this day happens with the “Bashneft” …

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The phenomenon of Russian Railways: to fall any more?

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The newly opened railway section zhuravka-Millerovo with a length of 140 km, which was built to bypass Ukraine, became the longest new railway in the country. For anybody not a secret that over the years, it was necessary to build at least several times more. MK journalists reminded readers that …

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