Friday, March 29, 2024
Russia and Ukraine began the next round in their legal battle over a politically charged $3 billion Eurobond on Monday, Tass agency reported. The Court of Appeal in London is considering Ukraine's appeal against the decision of the High Court of London, which obliges Russia to pay $3 billion of the...
Russian President Vladimir Putin is set to win re-election in March, with analysts predicting the new term would mean more struggling years for the Russian economy, CNN reports. "Expect no significant changes in terms of economic reforms or foreign policy," said Lilit Gevorgyan, an economist at IHS Markit. "Putin's election platform...
An 8-point plan for economic cooperation between Japan and Russia should be the framework for the relations between the two countries, Japanese Prime Minister Shinzo Abe said in his address to Parliament on Monday, Eurasian Times reports. The plan had been proposed by the Japanese PM in May 2016. It...
The sanctions imposed on Russia by the United States are groundless and will not affect Moscow's foreign policy, Russian Foreign Minister Sergei Lavrov said Sunday. "We consider that the sanctions are imposed absolutely without any grounds as for the reasons behind them... Russia's honest, open and constructive policy cannot be...
The resumption of direct flights between Russia and Egypt will see an influx of tourists in 2018 that will restore the Arab country’s tourism sector, Egypt’s government hopes. Russian President Vladimir Putin signed a decree on January 4 for the resumption of flights between Moscow and Cairo. Russian Transport Minister...
United States congressional investigators have been investigating whether President Donald Trump’s family business used Russian money to fund several of his golf courses in Ireland and Scotland. The U.S. House Intelligence Committee has released a transcript of a sworn testimony by Glenn Simpson, a former Wall Street Journal...
Russia and China have shown no intention of living up to World Trade Organization (WTO) rules and Washington should not have supported their membership in the global trade body, the Trump administration said on Friday. The U.S. Trade Representative delivered to Congress a laundry list of grievances over unfair trade...
Sberbank, one of the largest banks in Russia, has announced a blockchain laboratory to develop and test blockchain-based solutions. The new lab aims to generate product prototypes, perform pilot tests and deploy blockchain-based business solutions for Sberbank Group, a press release said. According to Igor Bulantsev, Sberbank's senior vice president, blockchain...
A bill on the legalization of private military companies will be submitted to the Russian parliament in the following weeks, Russia Today reported. In recent months, the military contractors have become known as private armies and their activity has been in the spotlight after the expansion of the Donbass conflict...
Some European investors will be grateful if the sanctioning of Russian debt is part of the next set of Washington’s sanctions against Moscow. According to Jan Dehn, the head of research at Ashmore Group, which manages $65 billion of emerging-market assets, “It would mean forced selling by Americans, a wonderful...