MOSCOW. May 7 (Interfax) - Russia is planning to open a ground station of its GLONASS satellite navigation system in Venezuela by July 5, Roscosmos' general director Dmitry Bakanov said.

Russia and Venezuela are also "encouraging the creation of an alternative system of oil transportation insurance and international recognition of insurance services," and "are promoting well-balanced ...

BAKU. May 7 (Interfax) - Azerbaijani President Ilham Aliyev and General Secretary of the Communist Party of Vietnam Central Committee To Lam have adopted a joint statement on establishing strategic ...

MOSCOW. May 7 (Interfax) - Russia's GDP rose 2.3% year-on-year in Q1 2025, excluding the calendar factor, the Economic Development Ministry said in a government press release following a meeting with ...

"As you all know, the Autonomous Trade Measures expire on June 5. The intention of the Commission is not to extend the Autonomous Trade Measures beyond that date," Gill said. The European Commission's ...

MOSCOW. May 7 (Interfax) - According to preliminary data, the Russian federal budget was executed with a deficit of 3.225 trillion rubles or 1.5% of GDP in January-April 2025, the Finance Ministry ...

At the beginning of March, the AEB confirmed its forecast of 1.4 million new car and LCV sales on the Russian car market in 2025. "We remain optimistic that the situation will stabilize and the market ...

MOSCOW. May 7 (Interfax) - The Russian federal budget's revenues from the value-added tax, corporate profit tax and personal income tax in the first four months of 2025 exceeded targets for this ...

BRUSSELS. May 7 (Interfax) - Ending Russian energy imports would meet the European Union's fundamental security interests, European Commission President Ursula von der Leyen said.

"Today, I would like to focus on how we can do so and on three priorities for our actions. First, support Ukraine's defense. Second, complete the phase-out of Russian fossil fuels. Third, accelerate ...

BAKU. May 7 (Interfax) - The U.S. Energy Department's Energy Information Administration (EIA) has kept its forecast for liquid hydrocarbon production in Azerbaijan in 2025 at 0.62 million barrels per ...

MOSCOW. May 7 (Interfax) - Russia's Finance Ministry does not see an increase in foreign investor interest in OFZ federal government bonds directly, but there are indirect signs that such transactions ...