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.
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.
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.
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.
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.
Russia will start settling more contracts in Asian currencies, especially the yuan, in order to lessen its dependence on the dollar market, and because of Western-led sanctions that could freeze funds at any moment.
Bulgaria’s prime minister, Plamen Oresharski, has ordered a halt to work on Russia’s South Stream pipeline, on the recommendation of the EU. The decision was announced after his talks with US senators.