Russia will search for adequate measures in the wake of the U.S. decision to impose 10% duties on aluminum imports and 25% duties on steel imports, Russian Industry and Trade Minister Denis Manturov said in an interview with Izvestya.
"We do not have such a big trade turnover with the U.S....
The Russian press is still preoccupied with Moscow’s response to Washington’s sanctions imposed earlier this month. Over 300 legislators have joined the initiative to slap countersanctions on the U.S. signing the bill initiated by State Duma (lower house of parliament) speaker Vyacheslav Volodin and leaders of all four factions...
Russian assets rallied on markets Tuesday as the U.S. held off imposing fresh sanctions, with stocks bouncing the most in a week, Reuters reported.
The MOEX Russia Index advanced 1.8 percent, led by shares of lender Sberbank PJSC and mining company Norilsk Nickel, after a report that U.S. President Donald...
The ruble swung between gains and losses as investors braced for the announcement of new U.S. sanctions aimed at punishing the Kremlin for its backing of Syrian leader Bashar al-Assad, Reuters reported.
Volatility on the Russian market has soared since Washington imposed fresh sanctions against Moscow on April 6, targeting major...
Russian aluminum giant Rusal, controlled by sanctioned Russian tycoon Oleg Deripaska, could launch a legal appeal in the United Kingdom to reduce the impact of sanctions imposed by the United States, The Times reports.
Last week, the London Metal Exchange (LME), suspended Rusal from delivering aluminum to its warehouses. Sources close...
U.S. President Donald Trump’s tariffs on steel and aluminum imports are raising costs for equipment and infrastructure throughout U.S. farm country.
In rural Ilinois, where Trump has enjoyed strong support, the tariffs are causing some farmers and agricultural firms to scrap purchases and expansion plans, according to Reuters’ interviews with...
Last Monday showed big losses for Russia’s oligarchs targeted by U.S. sanctions, but they might have already started recovering by Friday, OCCRP reports.
According to Bloomberg’s Billionaire Index, Oleg Deripaska lost over $ 1.1 billion between Sunday and Tuesday. Between Wednesday and Thursday, however, his fortune rose again with one-third...
Russia’s proposed law on cryptocurrencies has gotten support from the Russian government, one of the authors of the bill, Anatoly Aksakov told Izvestya.
The Bill On Digital Financial Assets was presented before lawmakers by Aksakov, who is the head of the Russian Parliament’s Financial Market Committee, last month. According to...
The current Russian market downturn caused by U.S. sanctions is not expected to worsen the country’s economic situation, experts interviewed by Vedomosti said.
The United States Treasury Department’s sanctions against Russian businessmen, companies and officials sparked the collapse of the Russian stock market and the ruble.
This is not the first...
Teams and fans traveling to Russia for the soccer World Cup this summer face potential travel headaches, as eight of the airports likely to be used are owned by companies sanctioned by the United States.
According to Reuters, the Polish side is planning to take a charter flight operated...
