Russia’s communications minister has reportedly called for sectoral sanctions against French-based communication companies in reply to the scuttled delivery of Mistral warships. Space-related entities are likely to suffer the most.
Russian oligarch Mikhail Fridman’s investment fund LetterOne has closed a €5.1 billion deal with Germany’s RWE to buy its oil and gas arm Dea, despite an attempt by the UK to block the British part of the purchase.
Israeli PM Netanyahu’s visit to the US for a controversial speech to Congress may further damage relations with Washington, but will also bring him points at the upcoming elections, Alon Liel, former Israeli Foreign Ministry Director General told RT.
The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF.
Canada has added Russia’s largest oil producer Rosneft, and the CEO of Rostec, to a sanctions blacklist along with 37 Ukrainians and 17 Russian and Ukrainian organizations. They are all covered by economic sanctions and travel bans.
Peter Oborne, journalist and respected political commentator for the Telegraph, has published a lengthy resignation letter in which he condemns the links between the newspaper and scandal ridden banking giant HSBC.
A Russian consortium led by Rostec subsidiary RT Global Resources together with partners Tatneft and VTB Capital have won the tender to construct a $3 billion oil refinery in Uganda with capacity for 3 million tons a year.
Vladimir Putin has chosen Hungary for his first state visit to an EU state since the beginning of the Ukrainian crisis a year ago. Energy issues are expected to top the agenda, yet the Russian leader usually has an ace up his sleeve.
Three years of negotiations between France’s Dassault and the contract negotiation committee of the India’s Defense Ministry on the purchase of 126 Rafale fighter jets may be about to collapse. Sources mostly blame the exorbitant price.
The Greek government has agreed to an EU proposal to introduce a ‘national reform plan’ to address economic issues that have been neglected for decades. But this time Greece won’t accept a bailout program on the same terms as before.
The district court in Amsterdam has ruled the compensation claim by Yukos International, once part of Russia’s biggest oil company, is legitimate. The firm is asking Rosneft for $333 million to cover losses incurred by the arrest of its accounts in 2008.