Source Pravda.Ru

Russia's Cabinet Does All To Stave Off Unfair Economic Competition

The Russian government is going to take tough steps in a bid to prevent unfair competition in the economy, such as the gaining of tax benefits. This was said at a meeting, Wednesday, between Russian Prime Minister Mikhail Kasianov and the Czech business elite. Kasianov recalled that in the course of tax reforms the government took a decision cancelling all tax benefits and sizeably easing the tax burden on entrepreneurs. The lowering of the number and volume of taxes led to a situation when the level of tax collection from individuals has jumped 56 percent up. Thus, "a psychological barrier has been overcome: people have understood that the state relies on taxes," said Kasianov. He also reminded that on January 1, 2002 the income tax will be reduced from 35 to 24 percent. It will provide more incentives for boosting the pace of industrial modernisation, said the Russian premier.

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The World Cup that is about to finish in Russia has shown that the Western propaganda machine has failed to create the image of Russia as a monster with "many tentacles." By and large, the Russians and the Ukrainians are close to each other

Putin-Trump meeting to decide the future of Ukraine