Russian economic growth ‘strong’ – IMF

The country has enjoyed a rebound in consumption and an uptick in real wages, analyst Alfred Kammer has said The Russian economy will keep growing steadily in 2024, the head of the IMF’s European Department has predicted.

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Korean car giant sells huge factory for $77 – media

South Korean auto giant Hyundai has announced plans to sell its plant in Russia as the carmaker completes its exit from the country. The facility will reportedly be sold for a nominal fee of just 7,000 rubles ($77.20).

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Amnesty apologizes after Ukrainian pressure

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