Search Results for: Russia
Oil prices rise after Turkey shoots down jet claimed by Russia
November 24th, 2015
Oil prices rose on Tuesday after news that Turkey shot down what is likely to be a Russian jet over Syria and a softer U.S. dollar supported prices across the commodity spectrum. Turkish authorities didn’t give the nationality of ...
Tehran Approves Russian-Iranian Bank Proposal
November 19th, 2015
The bank will initially focus on investment in bilateral trade and other joint economic projects Iran approved the Russian proposal to establish a bank for investment in joint economic projects, a deputy co-chair of the Russian-Iranian intergovernmental commission said ...
How the Unshackled Ruble Has Changed Russia’s Economy Forever
November 10th, 2015
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet history. In five charts, we show how the central bank’s ...
Baker Tilly International Expands in Russia
November 6th, 2015
The former Russian member of Grant Thornton has joined Baker Tilly International and is in an advanced stage of merger discussions with Baker Tilly Russaudit. The firms are now trading as Baker Tilly Russia. A Co-ordination Committee, represented by partners ...
Foreign Investors Complain About Russia’s Unpredictable Laws
October 21st, 2015
Unpredictable lawmaking is undermining Russia‘s ability to attract foreign investors, the Foreign Investment Advisory Council (FIAC) — a group of the biggest foreign companies working in Russia — told Prime Minister Dmitry Medvedev on Monday. A report by financial services ...
Bank of Russia Warnings: Perspective Plus Investment Company
October 20th, 2015
On cancelling licence of professional securities market participant On 8 October 2015, the Bank of Russia took a decision to cancel licence of a professional securities market participant to carry out securities management No. 163-03386-001000, dated 29 November 2000, due to the request of Perspective Plus Investment Company, limited liability company ...
Ukraine Readies for Russia Court Battle After Debt Vote Passes
October 19th, 2015
Holders of all but one bond vote in favor of restructuring Second vote on bond held by Russia scheduled for Oct. 29 Ukraine said it is ready to go to court over a bond owed to Russia after the ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
$50 Oil for 15 Years Isn’t What Scares Bank of Russia Governor
October 15th, 2015
Slow pace of economic overhaul is bigger worry for Nabiullina Russia remains hamstrung by corruption, weak institutions Fifteen years of oil at $50 a barrel isn’t the worst nightmare for Russian central bank Governor Elvira Nabiullina. “What worries me ...
What OPEC’s New Romance with Russia Means for Oil Prices
October 12th, 2015
For years, the Organization of Petroleum Exporting Countries (OPEC) has courted Russia, though without much success. It’s easy to see why the attraction is there; the world’s largest country has huge oil reserves and the geopolitical clout to ...
