Search Results for: Russian oil
EU blackmails Serbia to impose sanctions on Russia
November 21st, 2014
Serbia must impose sanctions against Russia if it wants to join the European Union, the European Commissioner for Regional Policy Johannes Hahn said. “Serbia legally obliged, within the scope of negotiations about accession to the EU, to gradually align ...
Emerging Stocks Fall on China, Euro-Area Slowdown; Ruble Gains
November 20th, 2014
Emerging-market stocks fell as manufacturing gauges in China and Germany retreated, dimming the outlook for exporters. The ruble rose as Russian companies sought funds to meet their tax commitments. The MSCI Emerging Markets Index lost less than 0.1 percent ...
As Ruble Falls Even Teeth Cost Too Much to Fix
November 19th, 2014
In Rostov-on-Don, a Russian port city of 1.1 million people just east of the Ukrainian border, signs of the fallout from the ruble’s collapse are everywhere. There’s the 27-year-old entrepreneur whose storage facility is packed to the ceiling with ...
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
November 19th, 2014
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and ...
Ruble Recovers Slightly as Exporters Sell U.S. Dollars for Tax Payments
November 18th, 2014
The ruble strengthened on Tuesday as Russian exporters converted part of their foreign-currency earnings to meet tax payments, but weak oil prices capped gains. At 0830 GMT, the ruble was around 0.8 percent stronger against the dollar at 46.72 ...
Putin seeks to reassure world amid ‘perfect storm’
November 11th, 2014
The Russian ruble strengthened against the dollar on Monday after President Vladimir Putin said there were no “fundamental economic reasons” for the currency’s slide, but analysts –and the country’s central bank — beg to differ. Speaking at an Asia ...
China deal sends shares to one-month high, rouble surges
November 10th, 2014
A landmark deal to give global investors easier access to China’s $3.9 trillion stock market helped lift world shares to their highest in over a month on Monday, as renewed tensions in Libya and Ukraine pushed up oil prices. ...
Putin Ally Denies Knowledge of U.S. Money Laundering Investigation
November 7th, 2014
A commodities firm under investigation by federal prosectors on suspicion of money laundering and improper oil trading said on Thursday that it had no knowledge of the inquiry and called allegations of wrongdoing “baseless and false.” The investigation, first reported by The ...
Ruble Rout Intensifies as Russia’s Central Bank Limits Interventions
November 5th, 2014
The Russian ruble plunged when trading opened Wednesday as the Central Bank announced it would cap the amount of foreign reserves it spends to defend the currency. The ruble fell to historic lows, diving to 44.98 against the dollar ...
German manufacturing sector rebounds in Oct after Sept dip – PMI
November 3rd, 2014
German factory activity rebounded in October after shrinking slightly in September for the first time in over a year, although there are signs of weak domestic demand in Europe’s largest economy, a survey showed on Monday. Markit’s Purchasing Manager’s ...
