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The Bank of Russia lowered its benchmark one-week repo rate by another 25 bps to 4. It was the fourth rate cut this year, aiming to support the economy hit by the coronavirus pandemic. Policymakers believe the recovery will be only gradual and that there is a risk that in inflation might deviate downwards from the 4 percent target. The central bank also said that annual inflation will probably reach 3. Officials also said they will consider the necessity of further key rate reduction at its upcoming meetings.

Interest Rate in Russia averaged 7.

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After three years of EU trade sanctions, Russia has boosted their own greenhouse horticulture programs. Since , Russia has slowly introduced European Union import sanctions of vegetables and fruits into their country. Growers in local Moscow markets are weary about importing goods from the EU. FD interviewed a local Azerbaijani fruit vendor is Moscow who said that Azerbaijan is not a member of the EU, and therefore he imports most of his produce from Azerbaijan.

These sanctions were seen as Russia turning their head away from EU trade efforts and were met by similar steps taken by Brussels, as well as further sanctions due to the annexation of the Crimea and aggressive behaviour coming from Moscow on Eastern Ukraine. As these sanctions were imposed, European growers and fruit producers saw a drop of around one sixth in sales by the export ban.

The highest increase among the listed building materials in Russia was observed for sand in the Siberian Federal District at over percent in.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy. One of the most popular and reliable ways to preserve and multiply capitals is investing in residential property. Such investments were widespread in pre-revolution Russia and the practice is now thriving. This article focuses mostly on questions individual investors should keep in mind when considering to buy or receive as a gift residential property in Russia.

Nowadays, Russia has adopted a well-structured and detailed regulation on all the aspects of acquisition, use and disposition of residential property. The latter two laws will be discussed below. This article will not explore ownership through enveloping the practice of residential property purchased by individuals through companies because new Russian laws have made this practice less profitable and unattractive in terms of paperwork.

We will also leave uncovered the issues that arise out of living in and the use of condominiums. The latter questions are regulated by the Housing Code and are worthy of a separate article. This article cannot be used as legal advice or serve as legal opinion. Generally, any individual, regardless of his or her citizenship, can acquire residential property in Russia. There is no direct ban on foreigners owning residential property anywhere in the country.

However, they are not permitted to own land in state borders or sea port areas, for example.

Russia extends e-visa for Indians to visit Saint Petersburg, Leningrad Region

Alexey Navalny: Russian opposition leader hospitalized after alleged poisoning in Omsk,. Navalny, 44, began feeling unwell while on a return flight to Moscow in the Siberian city of Tomsk, ” his spokeswoman Kira Yarmysh, said on Twitter. The plane later made an urgent landing in Omsk, she added. He only drank black tea at an airport cafe prior to takeoff, Yarmysh told Russian radio station Echo of Moscow.

ANNEX D: Key players in the Russian wind and solar PV power sectors no date. OECD. Organisation for Economic Co-operation and Development. ORC South FD. Volga FD. Agro-Industrial Complex. Forestry. Municipal. Ural FD.

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The Fund normally calculates its NAV per share at a. For more information on the Fund, including the most recent month-end performance, visit deutschefunds. Because the Fund is non-diversified, it can take larger positions in fewer issues, increasing its potential risk. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks. Any fund that focuses in a particular segment of the market will generally be more volatile than a fund that invests more broadly.

The shares of most closed-end funds, including the Fund, are not continuously offered. Once issued, shares of closed-end funds are bought and sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. Therefore, a fund cannot predict whether its shares will trade at, below or above net asset value. Investments in funds involve risk.

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