Share of non-cash payments in Russia hits 80%

The share of cashless transactions in Russia has surged to 80%, up from just 25% a decade ago, the head of the Bank of Russia, Elvira Nabiullina, said on Saturday. “The share of non-cash payments is like a barometer for assessment of maturity of state financial system,” Nabiullina said at the international RUSSIA EXPO, which…

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EU member stops issuing visas to Russians

The Latvian embassy in Moscow will make an exception only for those attending the funeral of a close relative The Latvian embassy in Russia announced on Thursday that it had stopped accepting visa applications from Russian citizens “for an indefinite period.”

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Putin speaks to Modi

The leaders of Russia and India discussed bilateral relations and the Ukraine conflict during a phone call Russian President Vladimir Putin had a phone conversation with Indian Prime Minister Narendra Modi on Monday, the Kremlin has announced. The leaders reportedly discussed issues related to the development of bilateral ties and noted progress in various fields…

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