Saturday, May 18

Economy

Russia saw a surge in foreign tourism in the first quarter of 2024, with almost 219,000 arrivals recorded, according to the Association of Tour Operators of Russia (ATOR). Chinese tourists accounted for almost half of this figure.

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Western plans to either confiscate Russia’s frozen central bank reserves directly or use the profit they generate could undermine the global monetary system, the IMF has warned.

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