Saturday, April 4, 2020
Companies from the Philippines and Russia have signed trade and investment agreements valued at $12.6 million during President Rodrigo Duterte’s visit to Moscow this week, ABS-CBN News reports.  The Southeast Asian country’s Trade Secretary Ramon Lopez said on Friday that the Philippines-Russia business forum in Moscow resulted in a total...
The Russian Government could begin investing billions of dollars into Bitcoin as early as next month, potentially triggering a new Bitcoin bull market, a leading Russian economist told Micky.com.au. Vladislav Ginko, a lecturer at the Russian Presidential Academy of National Economy and Public Administration (RANEPA), predicts fresh U.S. sanctions will...
Turkish president Recep Tayyip Erdogan met with U.S. President Donald Trump at the G20 summit in Osaka, where Trump urged the Turkish leader not to proceed with the purchase of Russia's advanced S-400 ground-to-air defense system, RFE/RL reports. After the meeting on Saturday, Erdogan claimed he was reassured by President...
The head of Russia's sovereign wealth fund RDIF has appealed to a court in Moscow to move U.S. investor Michael Calvey and several other detained executives of the Baring Vostok private equity group to house arrest, the fund said on Thursday, according to CNBC. “It is very difficult to comment...
The United States formally withdrew from the Intermediate-Range Nuclear Forces Treaty with Russia Friday, as the U.S. military prepares to test a new non-nuclear mobile-launched cruise missile developed specifically to challenge Moscow in Europe, according to a senior defense official, CNN reported. Washington’s withdrawal puts an end to a landmark...
The United States Treasury Department said on Friday it was granting investors another month to divest their holdings of sanctioned Russian companies En+ and Rusal and was giving the firms more time to address their business operations, Bloomberg reports. The U.S. in April imposed sanctions against billionaire Oleg Deripaska and...
The chairwoman and co-owner of Russia’s S7 Group, Natalia Fileva, has died in a plane crash in southwestern Germany, the company has announced, according to Bloomberg. The S7 airline's press service said on Sunday that 55-year-old Fileva was aboard a private single-engine Epic-LT aircraft that crashed on approach to...
Kremlin Spokesman Dmitry Peskov told reporters on Thursday that London’s next steps are “rather unpredictable” and Moscow cannot guess what other anti-Russian measures the UK leadership is ready to announce. Peskov was commenting on a possible ban on Russian bonds from the London Stock Exchange. "Speaking about the United Kingdom,...
Suncity Group Holdings Ltd, a Hong Kong-listed firm controlled by Macau casino junket investor Alvin Chau Cheok Wa, has upped its stake in the firm that promotes the Tigre de Cristal casino resort in the Russian Far East, Asgam.com reports. As a result, Suncity Group Holdings has become the largest...
The value of exports from Turkey to Russia reached over $700 million in the first two months of this year, a 26% increase compared to a year earlier, official data showed, according to the Daily Sabah. More than 500,000 tons of products from 27 sectors were sold to Russia in...