Search Results for: President Vladimir Putin
China’s e-commerce giant Alibaba sees business potential in Russia; Interview with Ma Yun
June 22nd, 2015
Ma Yun, founder and chairman of China’s e-commerce giant Alibaba, speaks during an interview with Xinhua News Agency in Moscow, Russia, June 21, 2015. China’s e-commerce giant Alibaba sees promising prospects for the development of Russian online trading market, ...
Russia is creating a $100 billion rival to the IMF
May 4th, 2015
Russian President Vladimir Putin ratified an accord Saturday to set up a $100-billion reserve fund for the so-called BRICS — the five leading emerging economies that include Russia, China, Brazil, India and South Africa. Moscow is expected to contribute ...
Samaras Says He’d Join Alliance to Keep Greece in Euro
April 2nd, 2015
As Greek Prime Minister Alexis Tsipras struggles to secure a financial bailout to stay in the euro, his chief rival said he’s open to offering a political rescue. Opposition leader Antonis Samaras, who was ousted by Tsipras in January ...
Predicting the Future With Russia’s Economic Nostradamus, Mikhail Dmitriyev
March 19th, 2015
Mikhail Dmitriyev, president of the New Economic Growth consultancy, is often described as “Russia’s top brain.” He studied in Leningrad in the ’80s and took part in economics discussion clubs with the people who transformed Russia into a market economy, including Anatoly Chubais, the architect of Russia’s privatization ...
Hungary says agreement reached on new gas deal with Russia
February 18th, 2015
Hungary on Tuesday reached a “political agreement” with Moscow on a new gas deal, Prime Minister Viktor Orban’s main objective while hosting Russian President Vladimir Putin. Orban, who said only “technical” details needed to be finalized on the deal ...
Russian Asset Sales Muddy Sanction Compliance
February 13th, 2015
U.S. Companies Already Have to Contend With Complex Rules In recent months, Boris and Arkady Rotenberg—Russian businessmen and friends of Vladimir Putin —have sold off assets to their sons that include holdings in a Gazprom drilling contractor and the sleek Finnish Langvik Congress ...
Russia Abandons PetroDollar By Opening Reserve Fund
January 16th, 2015
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has yet to ...
Bank of Russia Picks New Monetary Policy Chief as Ruble Plunges
January 15th, 2015
Russia’s central bank replaced its head of monetary policy after a series of emergency measures failed to contain the ruble’s decline, drawing criticism from President Vladimir Putin. Dmitry Tulin, a former central bank official who also worked at the International Monetary ...
Russia faces wave of bankruptcies if interest rates don’t fall
January 13th, 2015
The pressure is building on Vladimir Putin: Russia will be hit by a wave of bankruptcies unless it cuts interest rates very soon, a top financial official warned Monday. Anatoly Aksakov, president of Russia’s regional banking association and deputy ...
The Russian Riddle: An Alternative View on the Collapse of the Rouble
December 18th, 2014
Winston Churchill is famously quoted as saying that: “Russia is a riddle wrapped in a mystery inside an enigma.” The past twelve months have surely proved how right he was. The past couple of weeks have certainly not been ...
