Wednesday, April 24, 2024
Exploitation of four new diamond fields in Russia’s Arkhangelsk Region will begin in 2018, with exploring companies set to cover all the expenses, the press service of the regional Ministry of Natural Resources and Forestry told TASS on Tuesday. "We have four new areas for diamond exploration: Yuzhno-Verkhotinsky, Razlomnyi, Torfyanoy, and...
A U.S. steel mill importing slabs from Russia is among the victims of planned tariffs on steel imports proposed by President Donald Trump, the company’s union leader says. Terry Day, a mill worker at NLMK Pennsylvania’s Farrell steel plant, is also president of United Steelworkers Local 1016-03, representing 430 production...
Russia's Foreign Minister Sergei Lavrov on Thursday met with Zimbabwe's new President Emmerson Mnangagwa and discussed possible military co-operation as well as plans to boost economic ties, Xinhua reported. Lavrov has been to Namibia, Angola, and Mozambique and is expected in Ethiopia Friday for talks with that country's leadership and AU...
Sales of new cars in Russia increased by almost a quarter in February on a year-to-year basis, the Association of European Businesses (AEB) said on Tuesday. According to Reuters, the AEB lobby group said that the Russian car industry rose by 24.7 percent, recovering for the twelveth month in a row...
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...
U.S. agricultural company Archer Daniels Midland Co. (ADM) inked a deal to buy a stake in corn mills in Russia, the company said on Thursday. A statement said the agricultural merchant is seeking to broaden its business in the face of a global grain glut that is hurting profits. According...
U.S. President Donald Trump lashed out Thursday at "unfair trade" as he weighs whether to impose tariffs or quotas on cheap steel and aluminum imports that he said are decimating U.S. producers, Associated Press reported. "Our Steel and Aluminum industries (and many others) have been decimated by decades of unfair trade...
Finland has not yet confirmed a major missile purchase from the U.S., which the Pentagon announced, the country’s Ministry of Defense said. The ministry told Izvestya that Helsinki had not yet made a final decision on the supplier. The U.S. approved the $735 million in sales of Harpoon anti-ship and...
Russia said it will challenge before the World Trade Organization (WTO) any move by the United States to impose planned stiff new tariffs on imports of Russian steel and aluminum, RFE/RL reported, citing Russian state-run news agency TASS. After the U.S. Commerce Department recommended last week to impose new import...
The United States Commerce Department last week recommended that President Trump place tariffs on steel and aluminum imports, which would mostly affect Russian and Chinese companies. The recommendation to restrict imports in this way was made as a result of a Commerce Department review to determine whether or not the...