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Russia and the global economy

​Gazprom halts gas deliveries to Kiev – CEO Miller
Gazprom has confirmed the suspension of gas supplies to Ukraine from 10:00am MSK on July 1. Russia’s gas monopoly will not supply gas to Kiev without prepayment, no matter what price, said company CEO Aleksey Miller on Wednesday.

01.07.2015 10:14

​Rosatom says it offers reliable nuclear supplies to Europe
Russian nuclear giant Rosatom offers its European partners reliable and efficient solutions in the field of nuclear power plant construction, as well as modernization and output, said the head of Rosatom France, Andrey Rozhdestvin.

30.06.2015 18:07

​Canada expands anti-Russian sanctions, calls for ‘real peace’ in Ukraine
The Canadian government has widened anti-Russian sanctions. Gazprom, its oil subsidiary Gazprom Neft along with Surgutneftegaz and Transneft are included in the list which Canada had previously added to in February.

30.06.2015 10:01

​Russia becomes AIIB’s third largest shareholder after China and India
Russia has become the third largest player in the China-led Asian infrastructure and Investment Bank (AIIB), having received a 5.92 percent voting share, while China and India gained 20.06 percent and 7.5 percent respectively.

29.06.2015 19:07

​Russia prices gas for Ukraine at $247, cuts discount
For the next three months, Ukraine will pay $247 per 1,000 cubic meters for Russian gas, said Prime Minister Dmitry Medvedev a day before the so-called ‘summer gas package’ for the second quarter expires.

29.06.2015 14:49

China begins construction of Power of Siberia pipeline for gas delivered from Russia
China has officially started construction of its section of the eastern gas pipeline route known as the Power of Siberia that’ll deliver up to 38 billion cubic meters of Russian gas annually.

29.06.2015 09:40

​Gazprom to open Nord Stream-2 by 2020 - CEO
The two parts of the new Nord Stream-2 gas pipeline will be operational by the end of 2019, said Gazprom CEO Aleksey Miller. Gazprom expects Germany’s BASF subsidiary Wintershall to join the project in September.

26.06.2015 09:58

Ufa ready to host BRICS and SCO summits - republic's head to RT
Russia’s Bashkortostan is ready to host the 7th BRICS summit and the Shanghai Cooperation Organization (SCO) summit in the capital Ufa, the republic's president Rustem Khamitov told RT. It’s hoped the events will bring the region to a new level, he said.

25.06.2015 12:06

Medvedev signs food embargo extension until August 2016
Russian Prime Minister Dmitry Medvedev has signed a decree to extend Russia’s embargo on food imports until August 5, 2016. The details of the extended ‘blacklist’ remained unchanged, he said.

25.06.2015 09:42

​Russia should consider interests of Hungary, Greece & Cyprus in countermeasures - Upper House chair
Russia should take into account the position of EU countries that have actively opposed the policy of Western sanctions when preparing a reciprocal response, says Russian Federation Council Speaker Valentina Matvienko.

24.06.2015 12:37

President Putin signs order to extend counter-sanctions for another year
President Vladimir Putin has signed the order to extend Russian counter-measures in response to Western sanctions. They restrictions will be prolonged for a year starting from June 24, 2015.

24.06.2015 12:50

Russia overtakes Saudi Arabia to become biggest crude exporter to China
In May China imported a record 3.92 million metric tons of crude oil from Russia, which is equivalent to 927,000 barrels per day. Russia has become Beijing’s top crude supplier for the first time since October 2005.

23.06.2015 14:33