South Korean authorities have seized a ship flying under a Russian flag and its crew on suspicion they are violating U.S. sanctions on North Korea, Russia’s state-run TASS news agency reports.
The move came after concerns about Seoul’s lax enforcement of international economic sanctions on North Korea amid improving...
Schoolchildren in the Anglo-American School in Russia’s second-largest city, St. Petersburg, were forced out of their school in a matter of days this week, becoming the latest victims of the chill in U.S.-Russian relations, The Moscow Times reports.
On Thursday the AASSP in St. Petersburg, founded during the Cold War,...
Russian state-run development bank VEB’s Deputy Chief Executive Officer and chief economist Andrei Klepach has said he does not expect new U.S. sanctions to affect Russia’s state debt and banks, Vestnik Kavkaza reports.
"I don’t think the U.S. will impose sanctions against the (Russian) state debt, otherwise it would work...
Russia’s Deputy Prime Minister Dmitry Kozak will once again discuss reforming regulations in the automobile industry on Friday, after the Ministry of Industry and Trade toned down its proposals on changing the rules of the game in the industry to support Oleg Deripaska’s Rusal, Kommersant reports.
According to the business newspaper,...
Singapore-listed hotel chain Mandarin Oriental said on Wednesday it would manage a luxury hotel and residential complex in Moscow, marking its first deal in Russia.
According to Russian Realty, the company, controlled by Britain’s Jardine Matheson, partnered with Russian real estate developer Capital Group for a project in the heart...
Trade turnover between Kazakhstan and Russia may reach $18 billion by the end of 2018, the Russian trade representative in the Central Asian country Alexander Yakovlev has said, according to Azer News.
"Russia annually invests more than $1 billion in the economy of Kazakhstan. Today, more than 100 investment projects...
Current trends in global oil markets are helping Russia curb the effects of U.S. sanctions, a situation much different from when former U.S. President Barack Obama first imposed measures in 2014, Bloomberg writes.
With some traders predicting the price of Russia’s main export commodity to hit $100 a barrel for...
One of Russia’s biggest banks, Promsvyazbank (PSB), which was taken over by the Central Bank this year, is facing lawsuits from shareholders in Moscow, London, and New York claiming the owners, brothers Alexey and Dmitry Ananyev, defrauded them of $200 million, Forbes writes in an analysis of the bank’s...
The finance ministry in Moscow sees no imminent need to intervene in the bond market to support Russian state debt, as it does not believe U.S. sanctions against Moscow are inevitable, a senior ministry official said according to Reuters.
The sanctions' theme has unnerved markets for months but became more...
Russia is increasingly investing efforts in the financing and construction of its oil and gas exports infrastructure outside the influence of U.S. sanctions, Tanker Shipping reports.
At the Eastern Economic Forum earlier this month, а trilateral agreement on co-operation was signed between Sovcomflot (aka SCF Group), and state-run banks Vnesheconombank and...
