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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

Russia’s fresh food safety authority intercepts European supplies through Belarus
​Russia's fresh food safety watchdog, Rosselkhoznadzor, said it has blocked supplies of some banned agricultural products which sanctioned countries like Poland and Greece tried to re-export through Belarus.

19.08.2014 07:39

Tech Trade: Russia to boost software imports to China, get more servers in return
Russia and China plan to increase technology cooperation, with Moscow set to increase exports of software in exchange for data storage, Russia’s Communications Minister said.

18.08.2014 13:47

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

​European companies ask to ship blacklisted food through Switzerland to Russia
Some European food producers have reportedly asked Switzerland to provide an alternative supply corridor for goods embargoed by Russia.

18.08.2014 06:28

Nationalists seek import ban on ex-Soviet nations associating with EU
A nationalist party MP is suggesting the Russian government introduce more restrictions on food imports, covering nations that have an association agreement with the EU, including Ukraine, Moldova and Georgia.

18.08.2014 07:16

Russia launches China UnionPay credit card
Forget Visa and MasterCard. After the two American credit system payment companies froze accounts without notice in March, Russia has been looking for an alternative in China UnionPay.

15.08.2014 17:43

Russians see sanctions as tool to weaken nation, but feel no effect
Almost all Russian citizens claim that they feel no effect from the sanctions against their country and most maintain that the campaign seeks to weaken Russia and its position in global politics.

15.08.2014 10:12

Russian MPs split over fresh suggestion to ban foreign adoptions
Nationalist party LDPR wants to expand the adoptions ban on all countries that use sanctions against Russia, but United Russia party urges caution, saying such restrictions should only apply to countries that actually allow the mistreatment of kids.

15.08.2014 07:38

Finland will impose no new sanctions on Russia – Finnish PM
Finland will impose no additional sanctions on Russia in response to Moscow’s ban of food imports from some EU countries, said Finnish Prime Minister before the presidents of the two countries are set to meet on Friday in the Black Sea resort of Sochi.

14.08.2014 16:34

​Russian food ban takes huge bite out of Greek fruit growing industry
Greek farmers say the Russian food embargo has already dealt a devastating blow to the country's agricultural economy, leaving at least 3.5 million kilograms of peaches rotting in refrigerated trucks after being turned back at the Russian border.

14.08.2014 12:55

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