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Russian economy

Russia to help Cyprus overcome crisis aftermath – Putin
Russia will continue to help Cyprus to gets over its debt crisis said President Putin after talks with Cyprus President Nicos Anastasiades in the Kremlin. Moscow has already provided the country with a €2.5 billion loan.

25.02.2015 14:32

Japan’s credit card firm to start using Russia’s national payment system by end of 2015
The Japanese JCB payment system is ready to start working with Russia’s national payment system (NPCS) by the end of 2015, according to company CEO Takashi Suetsugu.

24.02.2015 12:57

‘Euromaidan movement grew from child into monster’
Ukraine is now further from national sovereignty than it was a year ago, with the IMF running its finances and an American-born Ukrainian, Natalie Jaresko, heading the Finance Ministry, Roger Annis, Editor, told RT’s In the Now show.

20.02.2015 10:00

Sanctioned Rosneft pays off $7.1bn loan a day early
Rosneft says it has paid $7.154 billion to creditors on loans it used to buy TNK-BP for $55 billion in 2013. Russia’s biggest oil company paid off the debt a day ahead of schedule.

12.02.2015 12:51

Russian stock market rallies on Ukraine ceasefire announcement
The Moscow Stock Exchange got a major boost after the Russian president said a Ukraine ceasefire deal had been reached in Minsk. The deal lessens the probability Russian companies will be slapped with more EU sanctions.

12.02.2015 09:28

Oil price recovery ‘inevitable’
A US oil refineries strike, a reduction of shale oil rigs, and declining investment by major companies signals to the global market that oil production is going to fall, which pushes the price up, says Mamdouh Salameh, an international oil economist.

10.02.2015 10:08

‘Illegal under EU law:’ UK judge refers Rosneft’s sanctions lawsuit to European Court of Justice
A lawsuit brought by Russian oil firm Rosneft challenging sanctions imposed on Moscow has been referred to the European Court of Justice. Rosneft’s lawyers maintain the sanctions were hastily implemented and are illegal under EU law.

10.02.2015 09:17

Energy alliance priority of Eurasian Economic Union – Medvedev
An energy union between Russia, Kazakhstan, Belarus, and Armenia will be the main focus in the coming year, Russian Prime Minister Dmitry Medvedev said at the inaugural meeting of the Eurasian Governmental Council in Moscow.

06.02.2015 16:45

Russian stock market hits 3.5 yr high
The ruble-denominated MICEX index has gained 2.38 percent reaching 1,736, its highest level since July 2011. Markets rallied on rising oil prices, after Brent reached $58 per barrel.

06.02.2015 07:47

Russian economy will stabilize in 2016 – European Commission
Though recession-bound for 2015, Russia’s economy will stabilize in 2016, according to the European Commission.

05.02.2015 13:38

‘US sees itself as a global empire controlling even the solar system’
The US’ will to control every independent country in the world has provoked a direct confrontation with Russia that might end up in a use of atomic weapons, Lew Rockwell, chairman of the Ludwig von Mises Institute, told RT.

03.02.2015 14:07

Domestic MasterCard: 5 Russian banks begin new National Payment System
Russia’s new National Payment System is up and running. The first five Russian banks processed their initial payments via MasterCard on January 30, according to Russia’s Central Bank.

03.02.2015 10:13