Intense selling of the ruble continued on Tuesday in a row amid pressure from the U.S. sanctions and mounting geopolitical risks that are rocking Russia's financial markets. Bloomberg reported.
Russia’s currency plunged to the weakest level in 15 months and the government canceled a bond auction Tuesday following the toughest...
Russian authorities are discussing a project of creating two territories with special conditions and similar to offshores - on the Oktyabrsky Island in Kaliningrad and on the Far East’s Russky Island, as a way of helping oligarchs hit by U.S. sanctions, federal officials and an individual who took part...
U.S. and Russian officials are looking for a way to postpone a planned summit between Donald Trump and Vladimir Putin, amid growing tensions between the two countries, Kommersant reported.
A source close to the State Department told Moscow daily Kommersant that preparations for the meeting could begin this Friday after...
Russian Deputy Prime Minister Arkady Dvorkovich said on Tuesday that the losses of Russian companies and banks’ share value as well as the ruble rate due to new U.S. sanctions was predictable.
Speaking at a business forum in Moscow, Dvorkovich said the latest sanctions have created uncertainty for all investors,...
A constellation of Swiss industrial companies owned by U.S.-sanctioned Russian billionaire Viktor Vekselberg’s got hammered by investors on Monday after Washington slapped restrictive measures on the Putin-linked oligarch and his Renova Group investment vehicle, Forbes reported.
Renova owns stakes in three Switzerland-based equipment manufacturers, Sulzer AG, OC Oerlikon Corp. and...
Representatives of the U.S. State Department said that U.S. authorities would take punitive measures against the countries and individuals who violate the sanctions regime against Russia, The Financial Times reports.
The U.S. official referred to the law "On Counteracting America's Adversaries Through Sanctions Act" (CAATSA).
"We are fully implementing CAATSA as...
The ruble and Russian stock indexes fell, with companies included on the U.S. sanctions list -- such as tycoon Oleg Deripaska's aluminum giant Rusal -- taking substantial hits on Monday, Reuters reported.
On Friday, the United States imposed asset freezes and financial restrictions on a slew of Russian security officials,...
Former Russian-UK double agent Sergei Skripal and his daughter Yulia will likely be offered "a new life in America in an attempt to protect them from further murder attempts," The Times reports.
According to the newspaper, intelligence officials at MI6 have had discussions with their counterparts in the CIA about...
U.S. investors and companies have until May 7 to get rid of stock and other securities they own in three of the 12 Russian companies affected by the latest anti-Kremlin sanctions.
Until June 5, all American companies and individuals must revoke contracts with all 12 companies, said a statement...
