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Russia and the global economy

Putin: Ruble’s ‘speculative jumps’ to stop in near future
The sharp depreciation of the Russian currency is purely speculative and has nothing to do with fundamental economic factors, Russian President Vladimir Putin said at the APEC summit in Beijing.

10.11.2014 07:25

​Chinese banks to invest over $10bn in Siberian LNG project
Russia's largest independent natural gas producer Novatek is in talks with Chinese banks to get over $10 billion for its Yamal liquid natural gas (LNG) project, according to the company’s key owner Gennady Timchenko.

07.11.2014 15:12

Charity cheese: Denmark company donates 15 tons to homeless in face of Russia ban
Danish cheese company Arla has opted to donate 15 tons of cheese to homeless people in Denmark after sanctions prevented the usual exports to Russia.

07.11.2014 11:58

OPEC ‘not panicking’, will intervene should oil drop to $70
OPEC says the oil price will start rising in the second half of 2015 and will reach $177 per barrel within the next 25 years.

07.11.2014 08:11

​Oil at $90 will support Russian ruble – Deutsche Bank
A recovery in oil prices to $90-$100 per barrel would be an important support for the Russian ruble, which has lost about 39 percent against the dollar since the start of the year, says Yaroslav Lissovolik, Managing Director of Deutsche Bank Russia.

07.11.2014 13:32

Putin: Russia, China close to reaching 2nd mega gas deal
Moscow and Beijing have agreed many of the aspects of a second gas pipeline to China, the so-called western route. It’s in additional to the eastern route which has already broken ground after a $400 billion deal was clinched in May.

07.11.2014 07:48

Gazprom confirms Ukraine paid $1.45bn gas debt
Gazprom has confirmed receipt of the first tranche of $1.45 billion from Ukraine in settlement of the gas debt for earlier deliveries by Russia, the company's spokesperson Sergey Kupriyanov said.

05.11.2014 07:34

It’s now total war against the BRICS
Fasten your seat belts: the information war already unleashed against Russia is bound to expand to Brazil, India and China.

04.11.2014 20:32

UK gas prices plunge to record low after Russia-Ukraine deal, 2mn Brits remain in fuel poverty
UK gas prices plunged to a record low on Friday following a newly signed deal between Russia, Ukraine and the European Commission. However, fuel poverty remains rife in Britain, with 2 million households unable to afford adequate heating.

31.10.2014 09:16

India and Israel to supply meat and dairy to Russia
Four Indian food suppliers have been given access to Russian markets, and Israeli meat and dairy products are expected on Russian shelves as early as in the end of 2014.

28.10.2014 10:13

Russia growth up to 1.1% in September from zero
Russia’s GDP growth accelerated to 1.1 percent last month which marked an economic revival from the flat growth last year, the Ministry of Economic Development has said.

27.10.2014 14:43

Russian central bank to use new $50bn tool to revive ruble
Russia's Central Bank has launched a new financial tool known as currency repo, or repurchase agreement, that'll provide up to $50 billion by the end of 2016. It is expected to support the Russian ruble that has lost more than 20 percent since January.

27.10.2014 12:02