Economic Impact Of The COVID-19 Pandemic In Russia
   HOME
*



picture info

Economic Impact Of The COVID-19 Pandemic In Russia
The COVID-19 pandemic in Russia had an economic impact. Timeline February–March 2020 On 20 February, Minister of Finance Anton Siluanov said Russia is losing around 1 billion rubles each day because of decreased trade with China. On 5 March, the head of the Russian Association of Tour Operators said Russia's tourism sector had already taken a 27 billion ruble hit from the impact of the coronavirus. As a result of the pandemic, factory output and transportation demand fell, bringing overall demand for oil down as well, and causing oil prices to fall. This triggered an OPEC summit in Vienna on 5 March. At the summit, OPEC agreed to cut oil production by an additional 1.5 million barrels per day through the second quarter of the year. OPEC called on Russia and other non-OPEC members of OPEC+ to abide by the OPEC decision. On 6 March, Russia rejected the demand, marking the end of the partnership, with oil prices falling 10% after the announcement. On 8 March, Saud ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

COVID-19 Pandemic In Russia
The COVID-19 pandemic in Russia is part of the ongoing pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was confirmed to have spread to Russia on 31 January 2020, when two Chinese citizens in Tyumen (Siberia) and Chita (Russian Far East) tested positive for the virus, with both cases being contained. Early prevention measures included restricting the China–Russia border and extensive testing. The infection spread from Italy on 2 March, leading to additional measures such as cancelling events, closing schools, theatres, and museums, as well as shutting the border and declaring a non-working period which, after two extensions, lasted until 11 May 2020. By the end of March 2020, COVID-19 lockdowns were imposed by the majority of Federal subjects of Russia, including Moscow. By 17 April 2020, cases had been confirmed in all federal subjects. At the beginning of September 2020, the number of COVID-19 cases in Rus ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Meduza
''Meduza'' ( rus, Медуза, t=jellyfish) is a Russian- and English-language independent news website, headquartered in Riga. It was founded in 2014 by a group of former employees of the then-independent ''Lenta.ru'' news website. Free mobile applications for iOS, Windows Phone and Android became the basis of the media. A semi-official motto of the portal is "Make the Kremlin sad". History In 2014, Galina Timchenko was fired from her job as chief editor at ''Lenta.ru'' by oligarch Alexander Mamut, a supporter of Vladimir Putin, after she had interviewed Right Sector. She launched the new webpage ''Meduza'' in October 2014. Several former journalists of ''Lenta.ru'' joined the new online site. Timchenko told ''Forbes'' that the decision to base ''Meduza'' in Latvia was made since "right now, establishing an independent Russian language publishing house in Latvia is possible, while in Russia it is not". Moreover, Timchenko stated: "We understood that in Russia, most like ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

President Of Russia
The president of the Russian Federation ( rus, Президент Российской Федерации, Prezident Rossiyskoy Federatsii) is the head of state of the Russian Federation. The president leads the executive branch of the federal government of Russia and is the commander-in-chief of the Russian Armed Forces. It is the highest office in Russia. The modern incarnation of the office emerged from the president of the Russian Soviet Federative Socialist Republic (RSFSR). In 1991, Boris Yeltsin was elected president of the RSFSR, becoming the first non Communist Party member to be elected into Soviet politics. He played a crucial role in the dissolution of the Soviet Union which saw the transformation of the RSFSR into the Russian Federation. Following a series of scandals and doubts about his leadership, violence erupted across Moscow in the 1993 Russian constitutional crisis. As a result, a new constitution was implemented and the 1993 Russian Constitution remains ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Sergey Sobyanin
Sergey Semyonovich Sobyanin (russian: link=no, Сергей Семёнович Собянин; born 21 June 1958) is a Russian politician, serving as the 3rd Mayor of Moscow since 21 October 2010. Sobyanin previously served as the Governor of Tyumen Oblast (2001–2005), Head of the presidential administration (2005–2008) and Deputy Prime Minister of Russia (2008–2010 in Vladimir Putin's Second Cabinet). Sobyanin is a member of the ruling United Russia political party, and is elected to its higher governing bodies, current member of presidium of Regional Council of the United Russia in Moscow and the head (political council secretary) of the party's Moscow branch from March 2011 to December 2012. He is considered to be a close ally to Russian billionaire businessman Vladimir Bogdanov, Director General of Surgutneftegas. As the Mayor of Moscow, Sobyanin has gradually relaxed the massive construction projects of his predecessor Yury Luzhkov, for which he has won acclaim for ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Mayor Of Moscow
The Mayor of Moscow (russian: Мэр Москвы, Mer Moskvy) is the head and the highest-ranking official of Moscow, who leads the Government of Moscow, the main executive body of the city. Moscow is both a city and separate federal subject, according to the Constitution of Russia. Most federal subjects are headed by governors, but the office of the head of Moscow is called ''Mayor of the City of Moscow'', according to the Charter of the city of Moscow. Sergey Sobyanin, the incumbent Mayor of Moscow, was re-elected for a new term in 2018. Responsibilities The separate office of the ''Premier of the Government of Moscow'' existed in 1991-2001 (Yuri Luzhkov was the only officeholder), but it was merged with the office of Mayor of Moscow. 1999 Moscow mayoral election was the last time when the mayor ran together with the vice-mayor. Mayor of Moscow heads Government of Moscow. The mayor's office administers all city services, public property, police and fire protection, ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

IKEA
IKEA (; ) is a Dutch multinational conglomerate based in the Netherlands that designs and sells , kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been the world's largest furniture retailer since 2008. The brand used by the group is derived from an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd (his hometown in Småland, southern Sweden). The group is primarily known for its modernist designs for various types of appliances and furniture, and its interior design work is often associated with simplicity. In addition, the firm is known for its attention to cost control, operational details, and continuous product development that has allowed IKEA to lower its prices by an average of two to three percent. , there are 422 IKEA stores operating in 50 countries and in fiscal year 2018, €38.8 billion ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Burger King
Burger King (BK) is an American-based multinational chain store, chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company and renamed it "Burger King". Over the next half-century, the company changed hands four times and its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

McDonald's
McDonald's Corporation is an American Multinational corporation, multinational fast food chain store, chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechristened their business as a hamburger stand, and later turned the company into a Franchising, franchise, with the Golden Arches logo being introduced in 1953 at a location in Phoenix, Arizona. In 1955, Ray Kroc, a businessman, joined the company as a franchise agent and proceeded to purchase the chain from the McDonald brothers. McDonald's had its previous headquarters in Oak Brook, Illinois, but moved its global headquarters to Chicago in June 2018. McDonald's is the world's largest restaurant chain by revenue, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. McDonald's is best known for its hamburgers, cheeseburgers and french fries, although their menus include other items like ch ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Auchan
Auchan () is a French multinational retail group headquartered in Croix, France. It was founded in 1961 by Gérard Mulliez and is owned by the Mulliez family, who has 95% stake in the company. With 354,851 employees, of which 261,000 have 5% stake in the company, it is the 35th largest employer in the world. The name comes from the first Auchan shop in Roubaix in the district of Hauts-Champs, the pronunciation of which is identical to that of "Auchan". The holding company, Auchan Holding, includes Auchan Retail International, Ceetrus, which operates shopping centers and Oney, which offers financial services. It operates as Alcampo in Spain ("al campo" is the literal Spanish translation of the French "au champ"), Auchan in Portugal, Aшан (''Ashan'') in Russia and Ukraine, and through a joint-venture as RT-Mart in China (Auchan brand is also used) and Taiwan. As of 2022, Auchan is one of the world's largest retailers with a direct presence in France, Spain, Portugal, Luxembo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Pulkovo Airport
Pulkovo ( rus, links=no, Пулково, p=ˈpulkəvə) is an international airport serving St. Petersburg, Russia. It consists of one terminal which is located south of the city centre. The airport serves as a airline hub, hub for Rossiya Airlines and as focus city for Smartavia. It is responsible for serving the citizens of Saint Petersburg, as well as the Leningrad Oblast: a total of 6,120,000 people. It is the List of the busiest airports in Europe, twelfth-busiest airport in Europe. Description Pulkovo Airport was officially opened on June 24, 1932, as a state-owned domestic airport. According to provisional figures for 2017, 16,125,520 passengers passed through the airport, a 21.6% increase over 2016. This makes Pulkovo the List of the busiest airports in Russia, 4th busiest airport in Russia and the post-Soviet states. Pulkovo is one of the largest airports in Russia and Eastern Europe. History 1931–1986 In January 1931, construction of an aerodrome near Leningrad ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Moscow Domodedovo Airport
Domodedovo Airport ( rus, links=no, Домодедово аэропорт, p=dəmɐˈdʲɛdəvə) (IATA: DME, ICAO: UUDD), formally Domodedovo Mikhail Lomonosov International Airport, is an international airport serving Moscow, the capital of Russia. It is located in Domodedovo, Moscow Oblast, south-southeast from the city centre of Moscow. Domodedovo Airport is one of the four major Moscow airports, one of the largest airports in Russia, and the eighth-busiest airport in Europe. In 2017, it served 30.7 million passengers, an increase of 7.6% compared to 2016, making it the second busiest airport in Russia, after the main primary airport serving Moscow, Sheremetyevo International Airport. In 2019, a naming contest and a presidential decree was taken place, which renamed the airport after the Russian scientist, Mikhail Lomonosov. History The airport is named after the town of Domodedovo, on the territory of which it is located. Survey work on the construction of the new Ca ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Utair
Utair (russian: ОАО «Авиакомпания «ЮТэйр») () is a Russian airline with its head office at Khanty-Mansiysk Airport while its hubs are at Surgut International Airport and Vnukovo International Airport. It operates scheduled domestic and some international passenger services, scheduled helicopter services, and extensive charter flights with fixed-wing aircraft and helicopters in support of the oil and gas industry across western Siberia. History In February 1967, the Aeroflot Tyumen Directorate was set up to meet the transport requirements of the fast-growing oil and gas industry undergoing development in western Siberia. In the wake of the break-up of the Aeroflot organization, Tyumenaviatrans Aviation (TAT) was formed in 1991 to replace the Aeroflot Tyumen Directorate. TAT adopted the name of UTair in 2002. The airline is owned by Khanty Mansiysk District administration (23%), Surgut City administration (19%), Russian shareholders and companies (33%), ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]