Russian Economy

Alexei Navaln

Kremlin Critic Navalny in Jail Appears in Court via Video

Jailed Kremlin critic Alexei Navalny’s team said Thursday it was disbanding its network of regional campaign offices across Russia. Navalny appeared in a video link from jail. He was looking gaunt after a hunger strike, which he is gradually ending. In a YouTube video, his allies made their announcement before a court hearing due to …

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OPEC

OPEC and Russia Agree on A Gradual Increase in Crude Production

The Organization of Petroleum Exporting Countries and its allies held a meeting yesterday. They debated what the supply of crude will be in the next two months. The organization members have agreed to a gradual increase in crude oil production. It has caused the oil price to register a decline of close to 1%, after …

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Russia's telecom regulator blacklists Binance

Russia’s telecom regulator blacklists Binance

Today, On September 25, the cryptocurrency website Binance is still available without additional access tools. Officials in Russia seem to be going after Binance. It is a cryptocurrency exchange website that provides a platform for exchanging different cryptocurrencies. It has to be mentioned, Binance is now in the list of forbidden websites in the country. …

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McDonald's Reported Plans to Boost Russia's Restaurant Footprint

McDonald’s Reported Plans to Boost Russia’s Restaurant Footprint

Dow Jones Market Data reported that McDonald’s stocks rose by 1.9% to $222.12 and have boosted 4.9% amid a five-trading-day winning Streak. Shares gained 62% from their 51-week closing low. Mcdonald’s stock hit an intraday record high on Monday morning and was on track for its first peak since August 2019. It seems that investors …

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McDonald's Shares are boosting after its Russia Report

McDonald’s Shares are boosting after its Russia Report

Investors appear to be interested in McDonald’s shares this morning after the leading fast-food chain published plans to boost Russia’s restaurant footprint enormously. As reported by Reuters, the company says it has a “plan to open the 800th branch” in Russia by the end of 2020, a raise of roughly 50 new outlets bearing the …

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Bitcoin will be illegal in Russia soon

Bitcoin will be illegal in Russia soon

BestChange.ru is one of the significant cryptocurrency websites in Russia. According to the current data, the website has got banned after local lawmakers passed the cryptocurrency regulation. As we know, BesChange.ru is an aggregator of nearly 400 cryptocurrency exchange sites. On August 26, on Wednesday, the website was blocked. It was blocked by Russian telecom …

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Russia and crypto

Top Crypto Exchange aggregator is blocked in Russia

According to the latest data, BestChange.ru, one of Russia’s major cryptocurrency websites, has got blocked after local lawmakers finally passed the country’s crypto regulation. BestChange.ru is an aggregator of about 400 local cryptocurrency exchange website. However, the website was blocked on Wednesday, August 26 by Russian telecom regulator Raskomnadzor (Federal Service for Supervision of Communications, …

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