The UK Government has stopped automatic exchange of financial information with Russia. Russian news outlet The Bell writes that this decision has been taken by the British HM Revenue and Customs agency. Now, the Russian Federal Tax Service will have to submit a special request to obtain last year’s data on the Russian citizens with assets in the UK.

Russia joined the list of jurisdictions with which London is exchanging tax information in 2018. In March, it was also reported that the assets of …

The Russian government’s decision to turn to the East in its economic and foreign policy in response to western sanctions continues to face difficulties, reports finanz.ru.

The project to issue sovereign bonds denominated in Chinese yuans, which the Russian government has been discussing since 2014, has once again been delayed.

There are still none of the platforms needed for Chinese investors to use yuans to buy specially issued government bonds on the Russian market, Russian Deputy Finance …

Russia is continuing the Soviet practice of making multi-billion dollar investments into regimes near and far that are loyal to the Kremlin.

The Russian government has agreed to grant free financial assistance to Kyrgyzstan, announced Russian presidential aide Yuri Ushakov on Wednesday.

Kyrgyzstan itself sent the request for financial assistance. Russia agreed to allocate $30 million to support the republic’s federal budget. The decision was made earlier in March, but was not reported on, …