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Trade

​Russia may extend Visa and MasterCard deadline to Jan 1
Russia’s Finance Ministry is ready to extend by two months the deadline for international payment systems Visa and MasterCard to set up domestic processing for Russian card holders, according to Deputy Minister Alexei Moiseev.

27.08.2014 12:19

‘Poroshenko wants to internationalize the situation and turn it into a conflict between Ukraine and Russia’
Russia does not consider itself party to the conflict in Ukraine, seeing it as a conflict between the Eastern Ukrainians and the Kiev, while Poroshenko’s analysis of the situation is totally different, legal expert and blogger Alexander Mercouris told RT.

27.08.2014 11:17

Ukraine’s transition to EU trade will cost €165bn - Putin
Switching over to EU trade standards and nixing duty-free trade with Russia will cost Ukraine €165 billion over the next 10 years, President Putin warned at a meeting with President Petro Poroshenko in Minsk on Tuesday.

26.08.2014 12:38

Russia’s food sanctions have “benign” effect on economy – S&P
Standard & Poor's Ratings Services said Russia’s one-year embargo on agriculture imports will not hurt domestic retailers’ credit ratings.

25.08.2014 08:16

Germany blames Ukraine crisis for unexpected slowdown
The sudden contraction of the German economy in the second quarter could be caused by Russian sanctions and the erosion of confidence from the crisis in Ukraine, the German Finance Ministry said on Friday.

22.08.2014 11:49

​HSBC boss warns big business may ditch independent Scotland
Big banks may leave Scotland if it chooses to become an independent state, the chairman of HSBC has said, warning that ‘capital flight’ could cripple the country’s economy.

22.08.2014 13:10

Carlsberg shrinks the size of its beer bottles in line with Russian market
Carlsberg, the biggest brewer in Russia, plans to put less beer in bottles and reduce the size of some products in order to avoid increasing prices in Russia, where the beer market is shrinking.

21.08.2014 10:48

Switzerland to EU: We don’t want to sidestep Russian food ban
Switzerland has said it will not re-export European agricultural products to Russia that now can’t get access to the country’s market.

20.08.2014 06:00

Poland enlists EU help to launch WTO complaint over Russia food embargo
Poland’s Economic Ministry has sent the European Commission a request to launch an official complaint to the WTO to examine Russia’s EU food embargo.

19.08.2014 19:38

US corporations boycott Glasgow over Gaza support
Hundreds of US businesspeople have scrapped plans to visit Glasgow, following the Scottish city’s decision to fly the Palestinian flag following Israeli military operations in Gaza.

19.08.2014 09:45

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

​What does CETA, the ‘Wayne Gretzky of trade deals,’ hold for Europe?
A couple of weeks ago the German newspaper Süddeutsche Zeitung claimed that Germany was refusing to sign off the Comprehensive and Economic Trade Agreement (CETA).

19.08.2014 09:33

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