Severstal reports Q2 & H1 2020 fiacial results

July 23, 2020 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q2 & H1 2020 financial results for the period ended 30 June 2020. CONSOLIDATED FINANCIAL RESULTS FOR Q2 AND H1 2020 Notes: EBITDA represents profit from operations plus depreciation and amortisation of productive…

‘Costakis’ Choice’ at Moscow’s AZ Museum

The AZ Museum of non-conformist art is celebrating its fifth anniversary with an exhibition dedicated to George Costakis, who was, without exaggeration, the savior of the early Russian avant-garde and post-war non-conformist art and artists. Called “Costakis’ Choice,” the show leads visitors through the life of this great collector, which is to say through the…

Russia to Subsidize Tourists on Domestic Vacations – PM

Moscow will subsidize holidays taken by Russian tourists who vacation at home instead of the Mediterranean, Prime Minister Mikhail Mishustin said Wednesday. The push to boost domestic tourism comes after officials lifted most coronavirus restrictions in June. Yet Russians are still barred from holidaying abroad due to international travel controls imposed to slow the pandemic.…

Russia’s Crackdown on Free Expression in 5 Cases

Russia under President Vladimir Putin has grown increasingly intolerant of voices that challenge the conservative values championed by the Kremlin. Putin has also empowered the security forces to crack down on anyone perceived to be a threat, leading to a spike in treason and espionage cases. news What a Growing List of ‘Instructional’ Court Cases…

Coronavirus in Russia: The Latest News | July 22

Russia has confirmed 789,190 cases of coronavirus and 12,745 deaths. July 22: 3 things you need to know today Russia has come through the coronavirus pandemic with far fewer infections and deaths than many other European countries, President Vladimir Putin said Monday while visiting Moscow-annexed Crimea. The Russian military has said its experimental coronavirus vaccine which has not yet…

Russia’s Coronavirus Cases Approach 790K

The last time Russia reported fewer than 6,000 cases was on April 29. The highest number of new cases were in Moscow, the western Siberian region of Khanty-Mansiysk and Sverdlovsk in the Urals. Russia’s fatality rate has remained low compared to other badly-hit countries, raising speculation that Moscow could be underreporting figures. Russian authorities began…