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Russia and the global economy

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

Europe unveils €125mn in ‘exceptional support’ to food producers
The European Commission said it will provide up to €125 million from Monday till the end of November to compensate food producers coping with Moscow’s food ban.

18.08.2014 11:10

Turkey: ‘We’re ready to increase food exports to Russia’
As Moscow banned food imports from the West, Turkey voiced its readiness to increase its exports of agricultural products to Russia, Turkish economy minister has said.

16.08.2014 10:09

Food embargo against West to benefit Russia’s economy- Putin
Russia’s food ban against many Western products will help Russia strengthen its domestic food market, President Putin said Thursday.

14.08.2014 12:44

Ukraine's Parliament adopts law allowing sanctions against Russia
Ukraine’s parliament adopted Thursday legislation allowing more than 20 sanctions to be applied against Russia, including a halt to energy transit through the country.

14.08.2014 11:04

EU denies bullying Russia's trade partners over food ban
The EU is not working to thwart Russian trade with Latin America and elsewhere in the world, EU spokesman Peter Stano tells RT.

13.08.2014 12:13

Russia suspends alcohol imports from Ukraine - consumer rights watchdog
Russia has decided to suspend alcohol imports from Ukraine on August 15. On Wednesday the consumer rights watchdog Rospotrebnadzor said there had been a number of breaches in consumer legislation.

13.08.2014 13:49

Ecuador: We don’t need permission to trade with Russia
Ecuador doesn’t need anybody’s permission to export agricultural products to Russia, which now has a big gap that needs to be filled after it banned supplies from a number of western countries, said President Rafael Correa.

13.08.2014 08:41

Ukraine parliament approves first reading of sanctions against Russia
Ukraine’s Parliament has approved the first reading of an anti-Russian sanctions package that includes 29 measures that are said to be “an efficient reaction to potential threats to national interests and security.”

12.08.2014 07:06

Rosneft-Saras joint venture still on, just delayed
Italian oil refiner Saras has confirmed its joint venture projects with Russia’s largest oil company Rosneft has not ended. The company said it expects the deal to sell oil, and begin refining operations together will be delayed, not canceled.

11.08.2014 11:24

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