RUSSIALINK: “Pandemic to cease seriously affecting Russia’s economy at start of 2021, budget to be key issue – Belousov”- Interfax

Coronavirus File Photo adapted from image at

MOSCOW. Nov 11 (Interfax) – The coronavirus will very likely cease substantially affecting Russia’s economy by the end of 2020 or early 2021, while the main issue next year will be the budget as well as the necessity to replace budget expenditures with investments, First Deputy Prime Minister Andrei Belousov said on Wednesday during the “Strong Ideas for a New […]

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JRL NEWSWATCH: “Coronavirus crisis leaves Russian government rudderless” – Financial Times/ Henry Foy, Max Seddon

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

Prime ministerial stand-in faces task of managing pandemic while getting economy moving again ….

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RUSSIALINK: “Arrears now main threat for production chains in Russian economy – Belousov” – Interfax

Cash, Calculator, Pen

MOSCOW. May 6 (Interfax) – The main threat for production chains in the Russian economy is now arrears; governors must bring this problem under their supervision, said First Deputy Prime Minister Andrei Belousov, who is currently acting prime minister. “Where do I see the problem? I see the problem in the fact that now, as enterprises are launched, breaks will […]

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NEWSWATCH: “Russia Says Still Likely to Back Paris Climate Deal Despite U.S. Withdrawal” – Reuters

Arkady Dvorkovich file photo

“… #Russia has signed the Paris climate pact but is the biggest emitter of global greenhouse gases not to have yet ratified it. Russian officials have said they need more time to assess its potential impact on their economy and have spoken of drafting a strategy for low-carbon development, fuelling fears among green campaigners Moscow may not ratify the agreement. […]

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Fiscal rule already essentially in effect, might be formally introduced in 2018 – Belousov

Oil Well file photo

MOSCOW. April 17 (Interfax) – The new fiscal rule that restricts Russian budget spending of additional oil and gas revenue is essentially already in effect, and it might be formally introduced in 2018, Kremlin aide Andrei Belousov said. “The fiscal rule comes down to cutting off the level of spending at an oil price of $40 per barrel. We negotiated […]

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Eurovision meets its Waterloo as Russia-Ukraine rivalry takes center stage

Joseph Stalin file photo

While Russian officials lost no time in lashing out over Ukraine’s Eurovision victory with a song about the Stalinist deportations of the Crimean Tatars, the results of the public vote suggest that Russia-Ukrainian enmity doesn’t extend to the general public. But the overtly political nature of the winning song may mark a watershed for the competition. (Russia Beyond the Headlines […]

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Russia Convenes Presidential Council to Boost Economy

Diverse Paper Currency, Coins, Line Graph

(Moscow Times – – Anastasia Bazenkova – May 12, 2016) Stuck in a second year of recession and facing a long period of economic stagnation, Russian officials are searching hard for ways to stimulate growth. On May 25, a presidential economic council will convene for the first time in three years. According to presidential aide Andrei Belousov, it aims […]

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