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Russia and the global economy

Russia ready to consider EEU currency union - prime minister
Russia is ready to draft a currency union with other members of the Eurasian Economic Union (EEU), said Russian Prime Minister Dmitry Medvedev.

29.05.2015 10:42

Gazprom to demand more than $8bn from Ukraine in ‘take-or-pay’ contract penalties
Russia’s Gazprom wants Ukraine’s Naftogaz to pay penalties for taking less than the agreed upon amount of gas in 2014, considering the so-called “take-or-pay” contract signed by the companies.

28.05.2015 18:04

Serbia to join US-backed gas project, seeks diversification from Russia - PM
Serbia will join US-backed Trans-Adriatic Pipeline following Washington’s calls to reduce dependency on Russian gas, the country’s Prime Minister Aleksandar Vucic told the Associated Press.

28.05.2015 10:32

Key St. Petersburg economic forum 2015 to see more foreign guests – Russia’s Deputy PM
The number of participants representing foreign companies at St. Petersburg International Economic Forum this year will be higher than in 2014, Russian Deputy Prime Minister Sergey Prikhodko told journalists ahead of the major economic forum.

26.05.2015 14:16

6 Iranian food companies get access to Russian market
Russia has given the green light for six Iranian companies to export food to Russia, the country’s food inspector Rosselkhoznadzor has said. Additional conditions guaranteeing complete safety are yet to be signed.

26.05.2015 07:54

Russia faces growing aggression from global arms producers – Putin
Russia is facing increasing and aggressive resistance from other countries in the arms trade, Russian President Vladimir Putin said.

25.05.2015 15:48

BRICS bank to complement Washington-based development institutions – Presidential aide
The BRICS New Development Bank is not an alternative to the IMF and the World Bank but rather a complement, said Presidential aide Sergey Glazyev. It will address the challenges that Western institutions currently ignore.

22.05.2015 13:40

Russia’s dual-screen Yotaphone 2 starts selling in China
Russian smartphone maker Yota Devices has launched of its flagship, dual-screen YotaPhone 2 in China. The smartphone will be sold in partnership with China Unicom, the carrier with the second-largest subscriber list in the country.

21.05.2015 11:49

Tokyo wants ‘new level’ in relations with Moscow – PM Abe
Japan’s Prime Minister Shinzo Abe said he is ready to improve relations with Russia to a “new level,” adding that development of friendly ties with a major neighbor is a guarantee of stability and prosperity in East Asia in the 21st century.

21.05.2015 08:13

Russia to take legal moves if Ukraine defaults on $3bn debt - finance minister
Russia will appeal to the International Court of Justice if Ukrainian President Petro Poroshenko signs a moratorium on the payment of Ukraine’s external debt into law and fails to pay its debt to Russia, said Russian Finance Minister Anton Siluanov.

20.05.2015 10:57

Gazprom gets another $32mn prepayment from Ukraine for May gas deliveries
Russia’s Gazprom has confirmed its receiving another advance payment of $32 million from Naftogaz of Ukraine for May gas supplies. It’s Ukraine’s third installment this month, and brings the total paid in May to $102 million.

18.05.2015 09:35

Serbia wants to join Turkish Stream – foreign minister
Serbia is interested in joining the Turkish Stream gas pipeline project, as it wants to ensure energy security for its citizens and cut dependence on deliveries via Ukraine, said the Serbian Minister of Foreign Affairs Ivica Dacic.

15.05.2015 12:09