Russia, Saudis See Oil Inventories Falling After Price Drop
June 12th, 2017
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the ...
Russia’s Central Bank Plans to Tax Bitcoin, Deem it a ‘Digital Commodity’
May 31st, 2017
The Central Bank of Russia could soon recognize digital currencies like bitcoin as digital commodities and tax them accordingly. According to the central bank’s deputy chairwoman, Olga Skorobogatova, the central bank is in the process of drafting legislation to ...
Russian and Bulgarian Customer Support Officer
May 18th, 2017
Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the best trading educators, ...
Russia is considering raising value added tax to 22 percent
May 18th, 2017
If the government raises value added tax and the central bank sees inflation risks from the move, it would be logical for the bank to keep interest rates higher than without the tax changes, Deputy Finance Minister Vladimir Kolychev ...
Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018
May 16th, 2017
Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production cuts might be extended for nine months. Futures closed at ...
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018
May 15th, 2017
Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut would be extended from the middle of this year until ...
Russian Customer Support officer
May 8th, 2017
Russian Customer Support officer Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
The Bank of Russia decided to reduce the key rate to 9.25% p.a.
May 2nd, 2017
On 28 April 2017, the Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum. The Board notes that inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering. At the same time, inflation risks ...
Bank of Russia revoked the licence of a Bank
April 25th, 2017
The Central Bank of the Russian Federation (Bank of Russia) has issued an announcement to inform on revocation of banking licence of credit institution Finars Bank and appointment of provisional administration. By its Order No. OD-1057, dated 21 April 2017, the ...
Russian hacker, son of a Russian lawmaker sentenced in US prison
April 24th, 2017
Roman Seleznev, the son of a Russian member of parliament, hacked credit card data from restaurants in Washington and across the U.S. Roman Seleznev, the son of a member of Russian Parliament, was sentenced to 27 years in federal ...
