Economics

Tag: Economics

Global economy losses from cybercrimes estimated at $6 trillion in 2021

Estimated losses of the global economy from cybercrimes accounted for 6 trillion dollars in 2021, Dmitry Bukin, Deputy Director of the Russian Foreign Ministry’s International Information Security Department, said during the St. Petersburg International Legal Forum on Wednesday.

12:44 29.06.2022

Russia’s PM issues instructions as to expansion of tourist cashback program for students

Russian Prime Minister Mikhail Mishustin has instructed his deputy to thorough finalize the tourist cashback program schoolchildren and students could take advantage of the program's opportunities already this summer.

16:34 29.03.2021

Russia’s Business Ombudsman proposes extension of support of SMEs for next few months

Russia’s Government needs to select industries affected by the pandemic not by micromanagement on the basis of the National Classifier of Types of Economic Activity, but proceeding from tax reports, Business Rights Commissioner Boris Titov believes.

17:23 08.10.2020

Protection of interests of businesses and citizens is priority amid pandemic – Supreme Court Head

In the period of the pandemic protection of interests of businesses and citizens has become a priority, Russian Supreme Court Chair Vyacheslav Lebedev believes.

17:30 08.09.2020

Representatives of BRICS Supreme Courts to discuss consumer rights protection issues

Representatives of Supreme Courts of countries being the members of BRICS are to meet in Moscow in order to discuss problems relating to protection of interests of economic entities by means of administrative proceedings and rights of consumers in the current economic environment.

15:18 02.09.2020

Russian Supreme Court proposes extension of misdemeanor institute to economic crimes

The Supreme Court of Russia is drafting a bill extending the institute of criminal misdemeanor to minor and medium economic crimes, Chair of the highest instance Vyacheslav Lebedev said during the plenary meeting of the Council of Judges on Tuesday.

12:22 07.07.2020

PM submits Russian economic recovery plan to President

Russia’s Prime Minister Mikhail Mishustin on Tuesday submitted a plan for the economy revitalization after the coronavirus pandemic to President Vladimir Putin.

15:59 02.06.2020

Russia’s President instructs to expand list of industries affected by pandemic

President Vladimir Putin has issued an instruction to expand the list of the sectors of Russia’s economy most affected by the COVID-19 pandemic by adding to it passenger railroad transportation and inland water transport. .

17:25 01.06.2020

Chair of Russia’s government puts mass media on list of COVID-19 affected sectors

Chairman of Russia’s government Mikhail Mishustin has signed a resolution putting mass media outlets on the list of the sectors of the economy most badly hit by the COVID-19 pandemic.

16:26 29.05.2020

Moscow business ombudsman makes 48 proposals as to aid to businesses amid pandemic

The Office of the Moscow Business Rights Commissioner Tatiana Mineyeva has presented to the emergency operations center on economic issues of the Moscow government 48 proposals aimed to support various businesses.

15:31 29.04.2020

Economic Development Ministry excludes bookmakers from list of systemic companies

Russia’s Ministry of Economic Development and Trade has removed organizations engaged in bookmaking activities from the list of systemic enterprises.

17:40 27.04.2020

Russia’s government to back loans businesses make to pay wages – State Duma

Russia’s State Duma has passed in the third final reading a bill providing state guarantees to businesses amid the coronavirus pandemic, among them those concerning funds enterprises borrow to pay wages and salaries.

17:24 17.04.2020

MPs specify income support payment provisions due to COVID-19 spread in Russia

The State Duma on Friday adopted a bill specifying income support payments to families with unemployed members.

13:51 17.04.2020

Russia’s government raises caps on mortgages eligible for repayment holidays

Russia’s government raised upper limits of mortgages the borrowers of which affected by the coronavirus pandemic are eligible to seek repayment holidays with banks, the Cabinet Chair Mikhail Mishustin said addressing a conference on economic issues on Friday.

17:40 10.04.2020

Upwards of 90% Russian entrepreneurs affected by crisis – business ombudsman

Upwards of 90% entrepreneurs have been affected by the crisis caused by the coronavirus pandemic and oil price downturn, according to Russia’s business ombudsman Boris Titov.

13:44 08.04.2020

Russian Cabinet approves support measures for businesses suffering from coronavirus crisis

The Government of Russia on Monday approved support measures for companies and individual entrepreneurs involved in businesses worst-hit due to the coronavirus crisis.

16:01 06.04.2020

Putin approves repayment holidays for citizens, business amid coronovirus crisis

Russian President Vladimir Putin on Friday enacted a bill on repayment holidays for citizens, individual entrepreneurs, small and medium-sized businesses drafted over the coronavirus epidemic into law.

22:04 03.04.2020

Putin orders Government to draft coronavirus economic impact bailout plan

President Vladimir Putin has ordered the Government to take measures managing the fallout from the economic crisis caused by the coronavirus epidemic.

13:31 03.04.2020

Business Ombudsman submits bill on economic crime jury trials to Russian Supreme Court

Russia’s Business Rights Commissioner Boris Titov has forwarded a bill empowering jurors to examine economic crimes cases to the Supreme Court’s Chairman Vyacheslav Lebedev.

17:50 24.03.2020

Russia’s State Duma adopts bill on minimal wage increase

The lower house of Russian parliament, the State Duma, has passed a bill to increase minimal monthly wage by 7.5%, up to 12,130 rubles (over $190), starting January 1, 2020. Current minimal monthly wage is estimated at 11,280 rubles.

13:39 12.12.2019