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Russia and the global economy

Serbia wants to join Turkish Stream – foreign minister
Serbia is interested in joining the Turkish Stream gas pipeline project, as it wants to ensure energy security for its citizens and cut dependence on deliveries via Ukraine, said the Serbian Minister of Foreign Affairs Ivica Dacic.

15.05.2015 12:09

​Poland sues Gazprom seeking lower gas price
PGNiG, Poland’s largest gas distributor, has filed a lawsuit against Gazprom and Gazprom Export in the Stockholm arbitration court, saying it wants conditions similar to the European gas market.

14.05.2015 15:21

Naftogaz makes $30mn prepayment to Gazprom
Ukraine’s Naftogaz has paid Russia’s Gazprom $30 million as a down payment for gas deliveries. The almost bankrupt firm is struggling to repay its $2.5 billion debt to Russia.

14.05.2015 13:28

Russian ruble falls as Central Bank restarts currency buying
The Russian ruble dropped back to above 50 against the US dollar, as the regulator said it will be buying up to $200 million a day from the domestic currency market.

14.05.2015 07:51

​Ukraine begins anti-trust investigation into Gazprom
Ukraine’s antitrust committee has started an investigation into Russian energy giant Gazprom over a possible violation of the Ukrainian competition legislation, said head of the committee Nikolay Barash.

13.05.2015 16:08

Russian ruble hits 18-wk high
The Russian currency continues its recovery against the US dollar on Wednesday, trading at its highest level since the end of November 2014, as oil prices rise and investors see geopolitical risks diminishing.

13.05.2015 08:36

Macedonia unrest: ‘Warning to Skopje against new Turkish pipeline’
Macedonia has become important to the US as it could become the only way for Russia’s proposed Turkish Stream pipeline to reach Central Europe, which Washington does not want, political analyst Srdja Trifkovic told RT.

12.05.2015 09:34

Ruble-yuan settlements booming, set to reshape global finance
Settlements in local currencies between Russia and China now account for 7 percent of the bilateral trade, but the potential for growth is tremendous, experts tell RT. Yuan-ruble trade in Russia has grown 700 percent in a year.

29.04.2015 17:20

​Diamond worth $430,000 found in Russia
A diamond weighing 76.07 carats was mined by Russia’s Alrosa, one of the world's largest producers of diamonds. The company plans to put the rare gem up for auction at a price of more than $430,000.

06.05.2015 14:25

$360bn foreign investment flees UK over election fears, Russian sanctions
Overseas investors with links to the UK have been withdrawing cash at an unprecedented rate during the past year amid fears that the result of Thursday’s general election could prompt domestic instability.

05.05.2015 08:44

​Putin allows private investors to explore oil in Baltic Sea
Russian President Vladimir Putin has signed a law that allows private oil companies to carry out oil exploration and develop fields discovered by them in the Baltic Sea.

04.05.2015 17:59

Gazprom confirms $40mn gas prepayment from Ukraine
Russia’s Gazprom has confirmed receiving $40 million from Ukraine’s Naftogaz as an advance payment for gas supplies.

29.04.2015 14:21