Monday, December 6, 2021
The United States’ sanctions against Russia are not only illegal, but also affecting the world, Russia's presidential press secretary, Dmitry Peskov, told reporters on Saturday in a comment on Washington's decision to extend the sanctions against Russia. "We have never initiated those sanctions, and we consider them illegal, affecting not...
Saudi Arabia wants to build a defense industry fast, and it’s ready to look beyond its traditional Western allies for help, Bloomberg reports. For a long time, the oil-rich kingdom has been a favorite customer of arms sellers, especially American ones. Last year, during a trip to Riyadh, President Donald...
U.S. tariffs on steel and aluminium imports are unlikely to cuse serious harm to Russian metals and mining companies analysts and company representatives said. After President Donald Trump once again said he would impose hefty tariffs to protect U.S. producers, Russia’s top two steelmakers and its leading aluminium producer saw...
Russian President Vladimir Putin said Russia won't take action against its citizens accused of meddling in the U.S. presidential election if they did not break Russian laws. In an interview with NBC News aired late on Friday, Putin said Russia has not been presented with official evidence or an extradition...
Russian oil major Rosneft risks losing two key foreign partners – U.S.-based ExxonMobil has quit the offshore projects in Russia, and China’s CEFC might have lost the support of Beijing’s officials, Kommersant reports. The founder and chairman of CEFC’s board of directors Ye Jianming was detained under suspicion of fraud,...
Officials from the Russian Ministry of Economic Development of Russia have proposed tax exemptions on profits from crypto-related transactions, Bitcoin.com reports. Participants also called for a tenfold increase of the limit for individual investments in Initial Coin Offerings (ICOs). Russians should be allowed to open accounts with foreign exchanges, the...
Ukrainian Prime Minister Volodymyr Groysman has said he hopes for a reduction in gas prices after a decision by the Arbitration Institute of the Stockholm Chamber of Commerce. “I think that the arbitration court’s decision will help Naftogaz reduce the cost of the transit itself. I think that this will...
Analysts are forecasting Russia’s grain production in 2017-18 at 134.9 million tonnes, the country’s largest crop in nearly 40 years, according to a recent Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture. This total includes 85 million tons of wheat, 20.2 million tons of barley, and 13.7...
Russian President Vladimir Putin said he aims to cut his country's "unacceptable" poverty rate in half over the next six years, in a state of the nation address on Thursday, CNBC reported. "(We should) at least halve the poverty rate in the next six years," Putin said, adding that 20 million...
American oil giant Exxon Mobil cited U.S. and European sanctions against Russia in announcing that it is abandoning its joint ventures with Russian state-run oil company Rosneft, Reuters reported. The move late on Wednesday signaled that the largest U.S. oil company is giving up on its fight against U.S. sanctions imposed...