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Trade

​US leaders reject democracy, once again
In Crimea, some may be surprised by the US’s blatant rejection of a clear democratic mandate for independence, as leaders in Washington constantly boast of being “defenders of democracy.”

25.03.2014 21:28

​Russian metal companies to redirect to Asia if sanctions hit
Russian metal producers are looking to expand into Asian markets, in case the US and the EU impose sanctions on Russia.

24.03.2014 10:26

Sanctions effect: Russia to change its economic partners…for the better
Western sanctions might push Russia to deepen cooperation with BRICS states, in particular, to strengthen its ties with China, which will possibly turn out to be a big catastrophe for the US and the EU some time later.

21.03.2014 14:01

Above 6,000 German companies to be hit by sanctions on Russia- export body
Should economic sanctions be extended against Russia, more than 6,000 German exporters doing business with Russia would suffer, the Federation of German Wholesale, Foreign Trade and Services (BGA)warned on Friday.

21.03.2014 14:07

The New Silk Road: China looks West, Turkey looks East
With many international crises looming, China doesn’t seems to have lost its entrepreneurial spirit and is working hard at reviving the old Silk Road transportation project.

19.03.2014 15:43

Russia to redirect trade elsewhere in case of EU-US sanctions
Russia will switch to other trade partners if economic sanctions are imposed by the US and the European Union, the Russian President's Press Secretary Dmitry Peskov has said.

19.03.2014 06:33

Tough choice: Crisis in Ukraine pushes China into limbo
Chinese authorities have turned out to be at the crossroads with no clear strategy regarding the Ukrainian crisis, as any definite stance would have a negative impact on relations with one of its main partners.

14.03.2014 13:49

​EU fear of GM food from US hampers historic trade deal
An ‘enormous gulf’ has been exposed between the EU and the US through Europe’s reluctance to buy hormone meat or GM food from the US. Industry and labor groups voiced concern to EU and US negotiators that the globe’s biggest trade pact was under threat.

12.03.2014 15:08

First pay rise for Toyota in 5 years
Japan’s weak yen has translated into record-profits for Toyota, the country's biggest company. Now employees will reap the benefits, and get a pay raise for the first time since 2008.

12.03.2014 07:46

Gazprom won’t extend discount gas price for Ukraine - Putin
Starting April 1, Gazprom will no longer offer Ukraine discounted gas prices because it is more than a year and $1.5 billion late on their debt payments to Russia’s largest gas producer for deliveries, Russian President Vladimir Putin said Tuesday.

04.03.2014 13:00

​UK to cancel VAT on bitcoin trading
Britain’s tax authority is to stop charging value-added tax (VAT) on Bitcoin transactions. It's just a couple of days after one of the world’s biggest exchanges Mt. Gox collapsed, which has added to growing worldwide skepticism about the currency.

03.03.2014 07:50

Ukraine needs $35bn in aid to ‘stay afloat’ – Finance Minister
​A second-wave of revolution, a missing President, and a treasury that is nearly empty, Ukraine is on the brink of bankruptcy. Kiev’s finance minister said it needs $35 billion in aid by the end of 2015.

24.02.2014 11:51

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