The charman of the Russian Duma (lower house of Parliament) Vyacheslav Volodin, proposed the introduction of a ban on the implementation of U.S. sanctions in Russia. He announced this initiative during a meeting with representatives of business and expert circles discussing Moscow's retaliation for latest Washington sanctions, Rambler reported.
"It would be right...
Russian state-owned gas monopoly Gazprom and Saudi giant Aramco signed an Addendum to a Memorandum of Understanding, aiming to widen the possible areas of cooperation between the companies, Oil Price reported. The document was signed during a working meeting between Gazprom CEO Alexey Miller with Saudi Energy Minister Khalid...
The latest sanctions imposed by the United States on Russia had the effect the Trump administration wanted, Treasury Secretary Steven Mnuchin said, according to Bloomberg.
The sanctions on Russian oligarchs sent the ruble tumbling and roiled metals markets since their announcement on April 6. Mnuchin said that the sanctions against...
Russia’s telecom watchdog, Roskomnadzor, which is unsuccessfully trying to block messaging app Telegram in the country, has been forced look for new avenues to meet its goal, Kommersant reports.
Blacklisting millions of IP addresses did not stop the messenger, but overloaded the equipment of regional providers, the report says. Sources...
The Kremlin said on Tuesday that British and U.S. allegations that Russia was conducting a global cyber espionage campaign lacked any evidence, Associated Press reported.
The United States and Britain said on Monday that Russian government-backed hackers had infected computer routers around the world, targeting government agencies, businesses, and critical infrastructure.
The...
One of the options for helping Russian aluminium company Rusal which was hit by U.S. sanctions is a temporary nationalization of the aluminum giant, a Kremlin spokesman Dmitriy Peskov said on Thursday, according to Interfax.
He was commenting on a proposal set out by Alexander Shokhin, a former deputy prime minister,...
FIFA is facing a challenge in finding sponsors for the 2018 World Cup in Russia, despite the event being two months away. This is due to the fact that fewer companies have signed sponsorship deals, compared to the same period before the 2014 World Cup held in Brazil, CNBC reported.
While...
The dollar held its gains on upbeat U.S. economic data and equities edged up, whetting investors’ appetite for risk and ending a three-day gold rally on Wednesday, Investing.com reported.
"The announcement by China of new import tariffs on US sorghum raised concern that a trade war was still a risk,"...
The Organisation of Petroleum Exporting Countries (OPEC) and Russia will meet in Saudi Arabia this week after successfully curbing an oil glut that threatened their economies. While looming political crises threaten to tighten supplies further, the group seems determined to keep its cuts in place, Platts reports.
Almost 16 months of...
The overall impact of a sell-off in Russian markets triggered by the latest round of U.S. sanctions is expected to be limited for now, but the hit suffered by Russian assets may drive up inflation and cap an economic recovery this year, analysts say.
Financial services company Citi said after...
