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Russia and the global economy

Gazprom seeks Kiev clarification over Donbas gas supplies
Gazprom wants Ukraine’s Naftogaz to confirm it is refusing to prepay for gas, as long as Russia supplies fuel to Donbas. If Kiev doesn’t pay, Russia may stop supplying Ukraine by Saturday.

26.02.2015 07:17

India to negotiate free trade zone with Russia-led Customs Union
India is to start negotiating a free trade agreement with the Customs Union of Russia, Belarus and Kazakhstan within the next six months, Indian Deputy Minister of Commerce and Industry Rajeev Kher has said.

26.02.2015 11:28

Gazprom to consider separating Donbas gas supplies from Ukraine
Gazprom is ready to separate gas supplies to Ukraine and Donbas, said company spokesman Sergey Kupriyanov, as an energy standoff between Moscow and Kiev escalates.

26.02.2015 10:37

EU to step up gas supplies from Caspian, Algeria over Russian supply fears
The European Union has decided to turn to alternative gas suppliers such as Azerbaijan, Turkmenistan, Algeria and Turkey following recent “political challenges” including the Ukraine crisis and the cancellation of the Russia-led South Stream gas pipeline.

25.02.2015 07:32

​Russian sanctions create broader problems for entire EU– Cyprus president
EU sanctions against Russia over the Ukraine crisis have neither proved effective, nor met the expectations of those who imposed them, but brought huge losses, said Cyprus President Nikos Anastasiadis ahead of a visit to Moscow.

24.02.2015 07:37

​EU and Moscow–led economic bloc should develop free trade – Hungarian PM
Efficient cooperation between the EU and Russia will define the future of Europe. That’s why the EU shouldn’t waste any opportunity to unite with Russia in pursuance of a “prosperous future,” said Hungarian Prime Minister Victor Orban.

20.02.2015 12:28

​Russia ratifies $100bn BRICS New Development Bank
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.

20.02.2015 09:21

‘Euromaidan movement grew from child into monster’
Ukraine is now further from national sovereignty than it was a year ago, with the IMF running its finances and an American-born Ukrainian, Natalie Jaresko, heading the Finance Ministry, Roger Annis, Editor, told RT’s In the Now show.

20.02.2015 10:00

Visa joins MasterCard localizing Russian payments
The Visa international payment system, which has the biggest share of the Russian market, will process domestic payments through Russia’s newly created National Payment System.

20.02.2015 07:47

Coca-Cola sounds warning over Russia
Coca-Cola Hellenic (HBC), the second biggest bottler of Coca-Cola products, has announced an 11.4 percent drop in fourth quarter profit, warning of further severe market decline in its biggest market Russia.

19.02.2015 10:57

‘No significant shale oil production in Britain for 20yrs’ – BP
Oil giant BP says significant shale gas production in Britain and Europe over the next 20 years is unlikely. In a damning forecast, the energy firm said fracking will gain little traction outside America before 2035.

18.02.2015 15:47

Canada adds Russia’s Rosneft, Rostec CEO to sanctions list
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.

18.02.2015 08:50