Moscow to enter Alibaba global logistics network
Cainiao Network, which is part of Alibaba Group, has unveiled its plans to establish a global network of logistics hubs, Interfax news agency reported on Thursday with reference to Chinese sources.
Russia’s average mortgage rate fell to 9.57%
According to the Central Bank of Russia, the average ruble rate on mortgage housing loans in Russia has reached a minimum in April, amounting to 9.57%, RIA Novosti reported on Wednesday.
Advantageous mortgage as driver of affordable housing market development
In January, Russian President Vladimir Putin instructed the government, Central Bank, and Dom.rf to devise measures for increasing mortgage affordability for citizens and reducing a mortgage rate down to 8%. This could be an effective driver of growth in sales of apartments in the primary market.
Ukraine came up with Plan “B” in fight against Nord Stream 2
Although Ukraine should “ruthlessly” fight against the implementation of Nord Stream 2 gas pipeline project, it still has to work out a Plan “B”, Ukraine's permanent representative to the Council of Europe, Dmitry Kuleba, said in an interview to RBC Ukraine.
Gazprom, Shell sign agreement on Baltic LNG project
Gazprom and Shell have signed an agreement on the Baltic LNG project, the Russian gas holding said after a meeting between Gazprom CEO Alexey Miller and Chief Executive Officer of Royal Dutch Shell plc, Ben van Beurden.
First three waste recycling facilities to open in Moscow region
Speaking at a roundtable in Moscow, Alexander Kogan, head of the Moscow Region Ministry of Ecology and Nature Management, named city districts where the first three waste treatment facilities will be opened, Interfax reports on Monday.
Moscow can be converted into resort city
The Russian capital can receive the status of a resort city, with the relative deputy request sent to the Ministry of Health of the Russian Federation, RIA Novosti reports on Monday.