Finances

The costs of the national project "Ecology" was reduced by 17% to 1.55 trillion rubles. Funding for "Clean water" is cut in half.

The growth of industrial production will increase  to 2.5% in annual terms by December, according to Thus forecast of Russian University of Economics  G. V. Plekhanov. 

Russia and Uzbekistan discuss  creation a joint enterprises for production of cotton yarn in the territory of the Republic of Uzbekistan, is spoken in the of Russian Tekstil’s message.

Turkey is preparing to move to payments in the national currency with its major trading partners, President Tayyip Erdogan said.

Aeroflot group has confirmed its position into the top 20 world aviation holding companies in the in terms of passenger traffic.

World Trade Organization supported Russia position in the dispute with the European Union.  The Ministry of economic development reported, that the dispute concerns Third Energy Package.

Iran's oil exports continued to decline in July. A full recovery of US sanctions against the country will be in November.

African countries are seriously thinking about creating a single currency of the continent and the common Central Bank. 

Shares of Russian companies fell after the announcement restrictive measures of US.

China will impose duties on goods at $ 16 billion. New barriers begin on August, 23.  The US and China are rapidly rolling towards a fight.

The London Court lifts the arrest from the assets of  Ananyev brothers. Their assets includes shares of Vozrozhdenie Bank. The defendants have submitted money as security of debt.

The Saudi foreign Ministry announced the suspension of "all new business and investment operations" with Canada. This information was in  report of Saudi Press Agency.

Greece received €15 billion (nearly £13.2 billion) in concordance with the program of the European stability mechanism (ESM), according to the official website of the Fund.