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Press review: Blinken, Xi meet amid souring ties and Brussels stuck on sanctions carousel

Press review: Blinken, Xi meet amid souring ties and Brussels stuck on sanctions carousel
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Cuba wants Russia s advice on market reforms | World News

Cuba wants Russia s advice on market reforms as Putin seeks more trade with the island

The Cuban government is turning to Russia for help with market reforms on the island through a partnership with a Russian think tank headed by sanctioned oligarch Oleg Deripaska, as the two countries vow to take their relationship to “a new level.”

Russian GDP growth to be nearer 4% in 2021, then without any transformations to be closer to potential of 2%

13 May 2021 14:20 Russian GDP growth to be nearer 4% in 2021, then without any transformations to be closer to potential of 2% - CBR MOSCOW. May 13 (Interfax) - Russian economic growth will be nearer to 4% in 2021; in the current year and the next, this will be recovery growth, Central Bank of Russia department head Kirill Tremasov said. This year, by all appearances, growth will be nearer to 4%. This is largely recovery growth; it will remain elevated next year too, but then, most likely, in the absence of any serious transformations, increased investment activity, growth of investment in the economy, we won t be able to grow faster than this potential, that is, 2% - this is what we can be guided by in the long term, Tremasov said during an expanded meeting of the supervisory board of the Stolypin Institute for the Economy of Growth.

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