MOSCOW. May 7 (Interfax) - Russia is planning to open a ground station of its GLONASS satellite navigation system in Venezuela by July 5, Roscosmos' general director Dmitry Bakanov said.

Russia and Venezuela are also "encouraging the creation of an alternative system of oil transportation insurance and international recognition of insurance services," and "are promoting well-balanced ...

MOSCOW. May 7 (Interfax) - According to preliminary data, the Russian federal budget was executed with a deficit of 3.225 trillion rubles or 1.5% of GDP in January-April 2025, the Finance Ministry ...

MOSCOW. May 7 (Interfax) - Russia's GDP rose 2.3% year-on-year in Q1 2025, excluding the calendar factor, the Economic Development Ministry said in a government press release following a meeting with ...

At the beginning of March, the AEB confirmed its forecast of 1.4 million new car and LCV sales on the Russian car market in 2025. "We remain optimistic that the situation will stabilize and the market ...

BAKU. May 7 (Interfax) - Azerbaijani President Ilham Aliyev and General Secretary of the Communist Party of Vietnam Central Committee To Lam have adopted a joint statement on establishing strategic ...

There are four major players on the market, Ascon, Nanosoft, Top Systems and CSoft, which have surpassed the threshold of 1 ...

BRUSSELS. May 7 (Interfax) - Ending Russian energy imports would meet the European Union's fundamental security interests, European Commission President Ursula von der Leyen said.

Ukrainian flour exports from the season beginning to May 2 amount to 58,700 tonnes (versus 87,1oo tonnes in the marketing year 2023/2024), including 54,500 tonnes of wheat flour (82,400 tonnes).

"As you all know, the Autonomous Trade Measures expire on June 5. The intention of the Commission is not to extend the Autonomous Trade Measures beyond that date," Gill said. The European Commission's ...

MOSCOW. May 7 (Interfax) - Russia's Finance Ministry does not see an increase in foreign investor interest in OFZ federal government bonds directly, but there are indirect signs that such transactions ...

"Today, I would like to focus on how we can do so and on three priorities for our actions. First, support Ukraine's defense. Second, complete the phase-out of Russian fossil fuels. Third, accelerate ...