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Russia and the global economy

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

Putin: No more duty-free imports if Ukraine signs EU deal
Ukrainian exports to Russia will no longer be zero-rated should Kiev sign the economic part of a free-trade agreement with the EU, said President Vladimir Putin.

19.06.2014 12:55

Gazprom gets Singapore listing
Russia’s gas export monopoly Gazprom has listed on the Singapore stock exchange. The move is seen as a way for the company to become more transparent to Asian investors, which has become especially important after the $400 bn gas deal with CNPC.

17.06.2014 10:12

Ukraine’s stance in gas talks with Russia is ‘blackmail’ – Gazprom CEO
Gazprom considers Ukraine’s position a form of blackmail and a method to negotiate an ultra-low price, Aleksey Miller, head of Russia's Gazprom, said on Monday.

16.06.2014 09:18

Ukrainian PM orders govt: ‘Prepare for Russian gas imports to stop’
Ukrainian Prime Minster Arseny Yatsenyuk has ordered Energy and Coal ministries, regional governments, and Naftogaz to get ready for Russian gas supplies to be cut starting Monday, the cabinet’s website said.

13.06.2014 14:24

Ukraine’s demand for gas price below $385 leads to deadlock - Putin
Russia has offered Ukraine a final gas price of $385 per 1,000 cubic meters, and if Kiev continues to ask for a lower price, rapport between the two countries will fall apart, Russian President Vladimir Putin said Wednesday.

11.06.2014 11:54

Russia extends gas debt payment deadline for Ukraine
Gazprom will not be introducing a gas pre-payment method for Kiev on Wednesday after Ukraine missed the June 10 deadline to repay its debt. The deadline has been extended to June 16, Gazprom CEO Aleksey Miller said.

10.06.2014 07:45

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