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Russia sharply increased spending on defense

The Russian government continues to increase public spending on defense and security forces, despite a sharp deterioration in the Federal budget, which in may was faced with a 3-fold decrease of oil and gas revenues. For the first five months 2020 military expenditures reached 1,409 trillion rubles, it follows from …

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25 million Russians do not have enough money for meat

Every sixth citizen of Russia can not afford to buy meat to eat in accordance with the regulations of the Ministry of health. Such figures in an interview with “Vedomosti” cited Sergey Mikhailov, General Director of “Cherkizovo” – one of the country’s largest producers of pork and poultry. According to …

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Sberbank buys 2GIS

Sberbank signed the documents on acquisition of controlling interest in a map service 2GIS. Following the transaction, the savings Bank will receive 75% of service that was valued at RUB 14.3 billion, according to the website of the Bank. Sberbank’s share in 2GIS is 72%, and 3% receive OOO “О2О …

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