Russia and Argentina will consult on using national currencies in mutual trade settlements, Russian President Vladimir Putin said during a news conference with his Argentinian counterpart Cristina Fernandez de Kirchner.
The dark underworld of drug trafficking will soon be bigger than the world’s $3.7 trillion oil and gas market, and is already bigger than the global auto industry, the director of Russia’s drug control agency said.
Russia’s biggest gas utility, Gazprom, was hit with an antitrust case by European Union regulators for “abusing” its dominant position and overcharging customers for gas supplies. The investigation against the Gazprom has been ongoing for 2 years.
Russia began quality control fruits and vegetables from Hungary, Greece, as well as India in order to begin imports, said Aleksey Alekseenko the head of Russia’s food inspector Rosselkhoznadzor. Next week products from Cyprus will undergo similar tests.
The World Bank has agreed with President Vladimir Putin’s comment that Russia has successfully managed to overcome the worst of its current economic difficulties due to the government’s fiscal and monetary policy.
The BRICS New Development Bank and the Asian Infrastructure Investment Bank (AIIB), both seen as alternatives to US – led institutions, will not compete, but rather complement each other, said the head of the Central Bank of Russia Elvira Nabiullina.
A new link between Asia and Europe through Russia will create millions of new jobs and slash travel time between the two by three-quarters. It’s expected to change the world economic map and bring Russia-Asia economic ties to a new level.
Russia has offered Indonesia the opportunity to carry out trade settlements in national currencies, Industry and Trade Minister Denis Manturov said just a couple of days after Prime Minister Dmitry Medvedev made the same offer to Vietnam.