State finance

Gazprom's revenue from gas sales in 2019 decreased by 12%, which is explained by a decrease in deliveries to Europe and a drop in prices

The funds were raised from Wintershall, OMV, Shell, Engie and Uniper under a long-term agreement concluded in April 2017

Such an assessment is based on the forecast of a 3–6% decline in the country's GDP subject to a stable ruble exchange rate

At the moment, the currency basket of the National Wealth Fund consists of US dollars, euros and pounds sterling.

Funds will be provided for the development of medicine and the fight against the pandemic

According to the newspaper, the implementation of the assistance program will cost the five largest economies in Europe more than € 100 billion

As one of the founders of Microsoft said, vaccine development should be the main step on the road to a return to normal

Negative sentiment remains in oil market

Negative sentiment remains in oil market

The most noticeable decline in the 1st quarter was shown by oil refining, engineering and automotive companies

Moscow took fourth place, as military spending in 2019 amounted to $ 65.1 billion, or 3.9% of GDP, according to a report by the Stockholm International Peace Research Institute

Earlier, the bill was supported by both houses of the US Congress.

The forecast for 2021 is also reduced - to $ 35

The Bank of Russia also believes that inflation in the country at the end of the year will be 3.8-4.8%

Its volume amounted to almost $ 500 billion