Search Results for: Russia
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
Russia faces more sanctions from the U.S. and Europe
July 29th, 2014
The United States and Europe have unitedly decided to increase the economic sanctions against Russia since they fear that Moscow might be planning an invasion in Ukraine soon. After months in which European leaders resisted going as far as ...
Tax Breaks introduced for Russia-China Gas Deal
July 28th, 2014
Following a major 30-year gas supply deal signed by the Russia and China on May 21, 2014, the two countries are discussing the introduction of tax breaks on both sides of the border. Gazprom, Russia’s state-owned gas company, signed an agreement ...
Russia is ordered to pay $50 billion in Yukos case
July 28th, 2014
The Permanent Court of Arbitration in The Hague will announce that Russia has to pay $50 billion to ex-shareholders for the defunct oil company Yukos, according to the Russian business daily Kommersant as cited on its website, referring to ...
Russia’s surprise interest rate rise ‘to curb inflation’
July 25th, 2014
Russia’s central bank has unexpectedly raised its key bank interest rate over concerns about inflation and “geopolitical tension”. The bank’s board decided to raise the interest rate by 50 basis points, or half a percent, to 8% per year. ...
The Central Bank of the Russian Federation published External Trade in Services of Q1 2014
July 23rd, 2014
The Central Bank of the Russian Federation has published today, a table showing the External Trade in Services of the Russian Federation by Main Partner Countries. EU countries on their total comes on top of the table where Germany ...
The Central Bank of the Russian Federation published External Trade in Services of Q1 2014
July 23rd, 2014
The Central Bank of the Russian Federation has published today, a table showing the External Trade in Services of the Russian Federation by Main Partner Countries. EU countries on their total comes on top of the table where Germany ...
Russian Billionaires Have Lost More Than $14B Since January
July 23rd, 2014
Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy. Russia’s 19 billionaires have lost $14.5 billion ...
Russian Billionaires in ‘Horror’ as Putin Risks Isolation
July 21st, 2014
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
