Trade ministers from Russia, Singapore, South Africa, Afghanistan, Bangladesh and Nepal, among others will participate in the informal gathering of World Trade Organization (WTO) here next week.
According to the Economic Times, India is hosting the mini ministerial meeting on March 19-20 in the aftermath of talks collapsing at...
Russia and China have cut their holdings in U.S. Treasury securities, with Russia selling $5.3 billion in January. The country has fallen into 16th place on the list of largest holders of American debt, which is the lowest level since February last year.
“We absolutely do not hold American securities...
U.S. President Donald Trump’s plan to impose heavy tariffs on China will have a “devastating impact” on the American economy, the U.S. Chamber of Commerce has warned.
The comments by the world’s largest business federation on Friday came in the wake of the White House’s threat to impose tariffs of...
Russia is showing defiance amid international condemnation over the poisoning of a former spy on British soil and pushing ahead with a Eurobond sale even as a diplomatic spat escalates, Bloomberg reports.
Less than 24 hours after U.K. Prime Minister Theresa May unveiled measures against Russia including the expulsion of...
Hundreds of jobs at Gazprom’s overseas trading and export offices, including Britain, will be moved to St Petersburg, Reuters reported citing two sources familiar with the plan.
The development comes at a time of rising tensions between Russia and the West. One of the sources told the news agency that...
In a letter to President Donald Trump on Monday, a group of 140 House Democrats urged the President to impose sanctions on Russia in response to Kremlin’s interference campaign in the 2016 election.
“Your actions over the last year have shown that you will constantly excuse President Putin and...
The only remaining bidder for the Ukrainian subsidiary of Russia’s Sberbank is now Belarusian Paritetbank, the country’s 15th biggest lender in terms of assets, owned by the country’s Presidential Property Management Department, Kommersant reports.
This comes after Ukrainian businessman Valery Khoroshkovsky scrapped plans to acquire the asset. Previously, he wanted...
U.S. President Donald Trump’s signing of a decree to introduce customs tariffs on steel and aluminum imports is viewed by Russian experts as a new protectionist measure and political instrument, several Russian newspapers wrote on Monday.
The decree to impose a 25% tariff on steel and 10% on aluminum was...
Russia’s import substitution is a ‘temporary phenomenon, a temporary tool for adjusting the current situation’, President Vladimir Putin said on Wednesday, according to TASS.
"The idea of import substitution itself is not universal and is not what we should strive for in the long run, because import substitution should not...
Russia has become much more conservative about its finances, fortifying them partly in order to withstand international sanctions, Quartz writes.
Credit rating agency Standard & Poor’s raised Russia’s rating to investment grade last month citing the nation’s “prudent policy response,” which has helped it cope with international sanctions and lower oil prices....
