Rwanda said Saturday it was counting on Russia training its citizens to become specialists in nuclear energy, as the African country bets on nuclear power to boost its energy supply. Moscow is courting fresh diplomatic and economic ties with African countries, and its expertise in nuclear power is seen as one of the major draws…
Moscow is exploring a plan to merge its three largest oil companies into a single mega oil producer, The Wall Street Journal reported Saturday. Under the merger, state-backed Rosneft Oil would absorb Gazprom Neft—a subsidiary of the natural gas giant Gazprom—and Lukoil, sources familiar with the discussions told The Wall Street Journal. The deal would…
Burkina Faso’s foreign minister praised cooperation with Russia on Saturday as “suiting” his country better than its historic ties with France. Following a 2022 military coup, Burkina Faso’s new leadership broke with Paris and has embraced Russia, which has sent army instructors to help Ouagadougou’s fight against an Islamist insurgency. Attending a Russia-Africa summit in…
With the U.S. stock market making record gains on the back of Donald Trump’s election victory, analysts doubt the Russian market can benefit from a Trump rally to the same extent as it did in 2016. The S&P 500 index of 500 leading publicly traded U.S. firms broke the historic 6,000 mark on Nov. 8 for…
Competition is always good for the consumer. Thanks to healthy competition, almost 200 years ago Muscovites got clean and tidy bakeries with bread that was always fresh. From the end of the 1700s to the 1820s, the bakery trade in Moscow was entirely in the hands of Russian bakers. They were mainly peasants from Moscow…
Moscow summoned a Canadian diplomat on Friday to rebut Western allegations that Russia’s secret services had orchestrated a campaign to mail explosive packages to addresses in NATO countries, including Canada. After a series of fires at DHL depots in Britain and Germany this summer, Russia was accused of being behind a brazen plot to ship…