Business > Industry

Russia's parallel imports economy growing

1 month ago   |   By RT

Moscow legalized the importation of products through third countries earlier this year
The volume of parallel imports to Russia may reach about $16 billion by the end of the year, Russia's Deputy Prime Minister and Minister for Industry and Trade Denis Manturov said on Monday.
“ We can say that somewhere around $16 billion will be the result of parallel imports mechanism by the end of this year ,” he told the press, as cited by Prime news outlet, adding that over the past three months the figure has already reached about $6 billion.
Manturov noted that parallel imports are a “ living...
Read more ...

 


Search by Tags

   Industry      Economy      Market  


Controversial transfer tax bill advances in Boston

Boston may soon be raising taxes on property sales. The city council this week advanced a bill that would impose a transfer charge of up to 2 percent on real estate sales over... Read more ...

The Great Resignation is far from over

Pay is the number one reason workers joined the Great Resignation, a new study finds. Those earning less than $75,000 were most likely to quit. Read more ...

The Boston Celtics' Dream Offseason Has Turned Into A Nightmare

The Boston Celtics had a batch of rough injury news on Friday, but even Robert Williams's extended absence was overshadowed by head coach Ime Udoka's year-long suspension. Read more ...

Fire breaks out at world's biggest produce market in Paris

Paris firefighters are battling a warehouse blaze at a massive produce market that supplies France's capital and the surrounding region with much of its fresh food Read more ...

Boggs' home run ball still unites player with area native Hogan

Twenty-three years later, Mike Hogan admits he has had second thoughts about his decision to give back Wade Boggs' 3,000th hit ball over the years. The money could have made a... Read more ...

A Russian crime boss was killed in Ukraine after being recruited from prison...

Smoke rises from Bakhmut, Donetsk region, amid the Russian invasion of Ukraine on September 15, 2022. Juan Barreto/AFP via Getty Images The boss of a Russian crime gang was... Read more ...

Oil prices will head back toward $100 per barrel as a supply crunch returns...

Oil tanker unloads crude oil at a crude oil terminal in Zhoushan Thomson Reuters Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming... Read more ...

Commentary: New Republican ‘Commitment To America' Is Out Of Step With Facts...

Commentary: New Republican ‘Commitment To America' Is Out Of Step With Facts And What Voters Want

As Republicans announce a new plan for the country ahead of the midterm elections, voters may want to take a closer look at what they are promising. According to NPR, House... Read more ...

How to watch or stream Week 3 of the NFL's 2022 football season live...

Rodgers vs. Brady. Do we really need to say more? Read more ...

Meet a government worker who regrets refinancing her student debt because...

Getty Images Tanya Burnett, a federal government worker, refinanced her student debt into private loans in 2016. She wasn't aware at the time that doing so would block her from... Read more ...