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Russia and the global economy

Russia, Serbia agree €2.1bn South Stream construction deal
Serbia has signed a 2.1 billion euro contract with Gazprom subsidiary Centrgaz to construct the South Stream pipeline across its territory. There is increasing pressure from the EU to suspend the project because it claims it breaks competition law.

08.07.2014 07:27

Russia may legalize bitcoin – Bank of Russia deputy chairman
The Bank of Russia has signaled it is ready to legalize the world’s first mainstream cryptocurrency, despite the big risks and setbacks the digital money has experienced. The Bank’s recognition means it can better regulate it, and even collect tax.

03.07.2014 05:26

Belarus and Kazakhstan refuse to accept Russian trade cuts on Ukraine
If Russia wants to raise tariffs on Ukrainian imports or even ban products completely, it first needs the support of its Customs Union partners. If it doesn’t get it, it may act alone, says Deputy Prime Minister Igor Shuvalov.

30.06.2014 14:20

Putin allows Russian banks to share tax data with US
Russian President Vladimir Putin has signed a law allowing Russian banks to share the tax data of American clients with US tax authorities, but participation isn't obligatory.

30.06.2014 12:29

5 facts you need to know about Ukraine-EU trade deal
Ukraine has signed the European Trade Association Agreement, the document that sent the country into a political frenzy when not signed eight months ago to this day. RT gives you the basics on how this will affect the economy of both from here on out.

27.06.2014 09:48

Russia launches largest oil drilling platform in the country's Far East
Russia's Rosneft and America's ExxonMobil have launched a unique drilling platform in the Okhotsk Sea in Russia's Far East. The world's most powerful rig can drill within the radius of at least 7 kilometers.

27.06.2014 12:17

Ukraine and EU sign free trade zone deal
Ukraine has signed the economic part of the Association Agreement with the EU, with Georgia and Moldova also joining the pact, even though big economic risks lie ahead.

27.06.2014 08:00

Ukraine asks for ‘big gas reverse’ from Slovakia
Ukraine Energy Minister Yury Prodan says the EU has been asked to start pumping 30 billion cubic meters of gas using reverse flow from Slovakia. Russia has cut supplies to Ukraine until it pays its gas bill; meanwhile Kiev is seeing alternate supplies.

25.06.2014 14:15

Ukraine's funeral if they sign EU trade deal - Putin economic aide
“For Ukraine, signing the agreement is economic suicide,” Sergey Glazyev, an economic aide to Russian President Putin said, warning of a sharp currency devaluation, soaring inflation, and lower living standards.

25.06.2014 10:30

Austria and Russia sign South Stream gas pipeline treaty
Russia and Austria have agreed on a joint company to construct the Austrian arm of the $45 billion South Stream gas pipeline project, which is expected to deliver 32 billion cubic meters of Russian gas to the country, bypassing Ukraine.

24.06.2014 07:12

Russia develops its own chip technology for national payment card
Russia has developed its own microchip for the national payment card which is hoped will provide better information security.

20.06.2014 08:17

Russia leads the way with number of female senior managers
Russia has twice the number of women in senior management positions than the US or Western Europe. A new report puts it down to a gender ratio that favors women by 6:5 and the previous influence of communism where women were actively promoted.

19.06.2014 11:51

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