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18 July 2018

Aggressive external economic policy and the huge US debt led the anti-dollar policy from being a debated subject to an implemented process, and nothing is unlikely to reverse it now, as affirm the World Bank experts. According to economists, the international financial system is bound to change radically in the next 10 years.

17 July 2018

Economists disagree on the issue of benefits of the WC for the Russian economy. The government estimates that the total economic effect from the World Cup will be 1% of the GDP.

16 July 2018

The country's foreign creditors are concerned: Russia's foreign debt is too low, it would make sense to borrow more in order for the economy to grow. The CBR does not reject the idea of taking loans but prefers to rely on its own resources.

20 June 2018

Every year more oil-producing countries abandon settlements in the USD and switch to Euro, Yuan or even cyber currency. Russia is also considering selling oil to its foreign partners for Roubles.

03 May 2018

France rules out post-Brexit financial services access deal. France warned last month there was little chance of securing a free trade deal for financial services firms based in the UK once the country leaves the EU next year.

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