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Russia and the global economy

EU sanctions are emotional step instructed by US – Russian parliament speaker
Blacklisting Russian individuals and targeting the country’s economy is but an emotional step the EU took after an apparent instruction from the US, Russian State Duma speaker Sergey Naryshkin told RT. But Moscow hasn’t sought to even the score, he added.

30.08.2014 13:23

Moscow dismisses Ukraine’s 'disinformation' on Russian gas transit halt
​The Ukrainian PM’s statement that Russia plans to cut off gas transit to the Ukraine and Europe is “groundless” and an attempt to mislead EU gas customers, Russian Energy Minister Aleksandr Novak said.

27.08.2014 14:44

Ukraine’s transition to EU trade will cost €165bn - Putin
Switching over to EU trade standards and nixing duty-free trade with Russia will cost Ukraine €165 billion over the next 10 years, President Putin warned at a meeting with President Petro Poroshenko in Minsk on Tuesday.

26.08.2014 12:38

Shell's ex-CEO says sanctions on Russia don't work
The former head of Royal Dutch Shell, Jeroen van der Veer, has said sanctions on Russia just “lead to frustration”, as they did not produce their desired effect and led to more sanctions.

25.08.2014 10:41

Rosneft to take 30 percent in Norwegian driller
Russia’s biggest oil company Rosneft has agreed to purchase a stake in Norway's North Atlantic Drilling (NADL) through an asset swap, which appears to show businesses remain undeterred by political sanctions.

22.08.2014 13:49

‘Zero effect’, if EU asks to stop trade with Russia – Brazil
Brazil has not received a request from the EU to halt increasing exports to Russia, but if it does, Brasilia wouldn’t care, Ambassador Antonio Jose Vallim Guerreiro told a news conference in Moscow Thursday.

21.08.2014 11:37

EU farmers complain €125mn compensation is just drop in the ocean
The €125 million in emergency EU support to its food producers may not be enough to cover the damage, as some estimates have it more than a hundred times higher.

20.08.2014 10:33

Russia excludes dietary milk, some vegetables from blacklist
The Russian government has amended its list of banned agricultural products, by removing lactose-free milk and dairy products, young salmon and trout, as well as some vegetables and nutritional supplements from the list of restricted imports.

20.08.2014 12:39

Poland enlists EU help to launch WTO complaint over Russia food embargo
Poland’s Economic Ministry has sent the European Commission a request to launch an official complaint to the WTO to examine Russia’s EU food embargo.

19.08.2014 19:38

US firm halts 'dual-use' technology exports to Rusnano
Economic bridges continue to burn in the US-Russia sanctions standoff, with the latest casualty being US firm Applied Materials, which can no longer export IT equipment to Russia’s nanotechnology giant Rusnano.

19.08.2014 11:45

Latvia urges Europe to stop ‘war of sanctions’ before it ruins world economies
The "right steps” politicians in the West and Russia are now taking against each other are very similar to what was happening before World War I, Latvian MEP Andrejs Mamikinsh warned EC President Jose Manuel Barroso in a letter Tuesday.

19.08.2014 13:00

Bulgaria halts South Stream gas pipeline project for second time
All operations on Russia’s Gazprom-led project South Stream have been suspended, as they do not meet the requirements of the European Commission, Bulgaria’s Ministry of Economy and Energy said on its website.

18.08.2014 16:58

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