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Authorities to fire officials who failed the “digital breakthrough” | 01/29/21

10 of the 62 deputy heads of federal agencies responsible for digital transformation will be…

Russia’s dependence on Western technology reaches 8-year high | 01/29/21

Russia continues to increase its dependence on imports of advanced technologies, despite years of plans to make a breakthrough into the hi-tech economy. Almost 30% of all advanced technologies that are used in production in the Russian Federation are purchased…

Real incomes of Russians collapsed to 2010 levels | 01/29/21

In Russia, after a short respite, the decline in living standards resumed. At the end of 2020, the real disposable cash income of the population decreased by 3.5%, Rosstat reported on Thursday. In the first quarter, 146 million Russian citizens…

The American economy has experienced the worst decline since 1946 | 01/28/21

The coronavirus pandemic with 26 million cases and 440 thousand victims plunged the US economy into the worst recession since World War II. At the end of 2020, American GDP fell by 3.5%, or $ 506 billion, the Bureau of…

Russia starts exporting bricks to the EU | 01/28/21

Kaliningrad JSC “Fifth Element” was the first in Russia to export clinker bricks to Slovakia, the regional Chamber of Commerce and Industry (CCI) told Interfax. β€œThe first batch, which went to the customer the other day, included a facing brick…

Banks removed from Russia a third of gold reserves | 01/28/21

In 2020, Russian banks arranged a sale of gold accumulated in storage facilities. According to the results of the year, the reserves of precious metals in credit institutions decreased by 38%, Interfax calculated based on the data of the Central…

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