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Trade

​UK to benefit from oil price slump, says think tank
The fall in oil prices will significantly benefit Britain’s economy, a leading think tank has said, as the country continues to outperform most European countries in economic growth.

10.02.2015 13:08

Egypt to join Russia-led Eurasian free trade zone
Egypt has established a free trade zone with the Russian-led Eurasian Economic Union, which includes Russia, Armenia, Belarus, and Kazakhstan, president Sisi of Egypt announced at a joint news conference with Russian President Vladimir Putin.

10.02.2015 13:35

China and Russia-led Eurasian Economic Union may set up free trade zone
China may establish a free trade zone with the Eurasian Economic Union (EEU) in the future, says the Russian Ambassador to China Andrey Denisov. It would make trade with Russia, Belarus, Kazakhstan, Armenia, and soon Kyrgyzstan tariff-free.

09.02.2015 10:54

​‘Crisis of public trust’ as British business puts profits over ethics – survey
The Forum of Private Business (FPB) has warned UK firms are facing a ‘crisis in confidence’ due to poor ethical standards. In a survey, three-quarters of respondents felt businesses were putting profits ahead of ethical responsibilities.

09.02.2015 14:50

Moscow & Cairo to drop USD, use national currencies in bilateral trade – Putin
Russia and Egypt might soon exclude the US dollar and use their national currencies in the settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview to Egyptian media ahead of his Monday visit to the country.

08.02.2015 22:49

​Party of the rich? Almost 50% of Tory donors are hedge fund managers – research
The ruling Conservative Party is unlikely to shake off its image of being the ‘party of the rich’ as recent data shows nearly half of its donors come from wealthy hedge funds.

05.02.2015 13:06

North Korea and Russia establish joint business council
Relations between Russia and North Korea have taken a step forward following Moscow’s setting up of a Business Council for Cooperation with North Korea. This will help Russia and North Korea reach their $1 billion trade goal.

04.02.2015 15:47

Ruble slump won’t damage trade with China - ambassador
China’s ambassador to Moscow Li Hui says even though the ruble has lost more than 17 percent of its value this year it won’t significantly affect China-Russia trade and cooperation.

02.02.2015 10:37

Cuba urges US to end economic blockade, return Guantanamo
Cuban leader Raul Castro has called on the US to end the economic embargo against the country and demanded that Guantanamo Bay be returned to Cuba as relations between the two nations undergo a historic thaw.

28.01.2015 19:44

Iran, Russia to create ‘joint bank’ for trade in national currencies – ambassador
Iran and Russia are planning to switch their bilateral trade to national currencies for which the states will create a joint bank or a mutual account, Iran's ambassador to Russia, Mehdi Sanaei, has announced.

27.01.2015 23:54

Anti-trade deal protesters hijack Senate TPP hearing
​Protesters opposed to a major, multi-national trade deal being negotiated in secret by a dozen countries – including the United States – hijacked a US Senate hearing early Tuesday to speak out against the proposal.

27.01.2015 16:50

Gift gaffe: UK minister accidentally hands 'death omen' to Taiwan mayor
Britain’s minister of state for transport accidentally presented the mayor of Taipei with a gift which represents an omen of impending death in Chinese culture.

27.01.2015 15:42