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Russia and the global economy

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

Russian companies ‘de-dollarize’ and switch to yuan, other Asian currencies
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.

09.06.2014 10:12

South Stream gas project irreversible - Bulgaria’s Energy Minister
South Stream gas pipeline is irreversible, Bulgaria’s Energy Minister Dragomir Stoynev said Monday, stressing that Bulgarian authorities have not given up plans to proceed with the project.

09.06.2014 11:10

No changes to South Stream gas pipeline – Serbian Prime Minister
“Everything will go as planned,” Prime Minister Aleksandar Vucic said, in response to earlier reports today that his country was halting operations on Gazprom’s South Stream gas pipeline project.

09.06.2014 08:24

Bulgaria halts Russia's South Stream gas pipeline project
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.

08.06.2014 15:16

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