Main content

Kremlin increases taxes on Russian oil sector
Although Russia's federal budget revenues from oil and gas, the lifeblood of its economy, fell 64% in April from the year-earlier period, the government has decided to increase taxes on the industry. The Kremlin is seeking additional money after spending heavily on the war in Ukraine.
Podcast
-
World Business Report
The latest business and finance news from around the world, on the ÃÛÑ¿´«Ã½.