The introduction of new excise duties on cigarettes will result in a rise in prices on tobacco products, a representative of British American Tobacco Russia reported. Prices will rise about 6-9 percent. However, this increase is expected to have no significant impact on either consumers or tobacco producers. The new bill, which sets excises at 50 rubles (about $1.59) per 1,000 cigarettes plus 5 percent of the retail price, was passed by the State Duma last Monday, and it will most likely be approved by the Federation Council.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year