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Russia and the global economy

EU replies to Putin: Remaining a reliable supplier in Russia's interest
Replying to the Russian President letter warning of a threat to gas transit through Ukraine, the EU said Gazprom should follow its contractual obligations, urging an early warning of any possible disruptions.

18.04.2014 09:34

Asia eyes Russian investment as Western ties deteriorate
​Asian business is keen to snatch development opportunities in Russia as economic ties with the West are weighed down by the Ukraine crisis, the Deputy Chairman and board member of Russia’s Vnesheconombank Aleksandr Ivanov, told RT.

18.04.2014 07:46

Putin says oil wars with Russia will make West bleed
Opportunities for the West to hurt the Russian economy are limited, President Vladimir Putin said Thursday. Europe cannot stop buying Russian gas without inflicting pain on itself, and if the US tries to lower oil prices, the dollar will suffer.

17.04.2014 10:39

Pre-payment for gas to Ukraine if current bills not met - Putin
Gazprom will switch to a pre-payment system in one month if Ukraine doesn’t start paying for natural gas imports from Russia, President Vladimir Putin has warned during Thursday's 12th annual question and answer session.

17.04.2014 07:37

Germany first to deliver European gas to Ukraine
German energy company RWE has started delivering gas to Ukraine as natural resource tension between Kiev and Moscow has been heating up over gas debts and prices.

15.04.2014 12:03

Arctic Resources: The fight for the coldest place on Earth heats up
The discovery of large hydrocarbon deposits in the Arctic has sparked international competition over resources in frozen waters. Regional powers are quickly filing claims for the sea shelf, with Russia preparing to bring in the biggest bid to the UN.

15.04.2014 04:59

Russia-Crimea underwater telecom cable ready, as Ukraine crisis intensifies
The underwater telecommunication cables between the Crimean peninsula and Russia bypassing Ukraine are almost ready for use. The multi-million dollar project will provide for safer communication as tension between Russia and Ukraine intensifies.

14.04.2014 12:00

Russia needs to break world monopoly of rating agencies – Deputy PM
Russia desperately needs to create its own ratings agency, independent of the so-called western ‘Big three’ – Moody’s, S&P and Fitch, Russia’s First Deputy Prime Minister Igor Shuvalov has said.

14.04.2014 13:04

‘Giving out pies in Maidan not enough’: Putin urges West to really help Ukraine
Europe should switch from promises to real action to help Ukraine out of the economic chaos, says Russia’s President Putin.

11.04.2014 15:20

Ukraine readies to sue Gazprom in Stockholm
Lawmakers in Ukraine have started preparing a lawsuit against Gazprom, as they think the price of Russian gas is exorbitant and politically motivated, Ukraine’s coup – appointed Energy Minister Yuri Prodan has said.

11.04.2014 10:35

Putin tells Europe Ukraine gas debt 'critical', transit threatened
President Putin has written to 18 European countries, warning that Ukraine’s debt crisis has reached a “critical” level and could threaten transit to Europe. He also called for urgent cooperation, blaming Russia’s partners for a lack of action.

10.04.2014 12:13

Politics aside, western financiers still want to do business with Russia
Western banks in the US and EU still want to do business with Russia’s second biggest bank, VTB, but tension over Ukraine is stonewalling those eager to work with the bank, according its head, Andrey Kostin.

10.04.2014 07:44

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