Russia

russia

As US piles on sanctions, foreign investors pour more money into Russia

14/02/2019(0)
Russian companies’ stocks attracted the most foreign investment in 5 years, adding nearly $576 million in January, the Central Bank of Russia reported. Investors also actively poured money into ... Read More
russia

Russia passes tax haven laws to bypass sanctions

01/08/2018(0)
International firms can use new laws to establish an offshore domicile and thereby bypass sanctions. The Russian parliament’s upper chamber has approved a package of laws to enable Russia-controlled ... Read More
russia

Sanctions against Russia have cost European Union €30bn

09/10/2017(0)
New research by the Austrian Institute of Economic Research (WIFO) suggests the EU’s economic sanctions against Russia introduced three years ago have cost European countries billions of euro. The survey, ... Read More
russia

Russia has plans to introduce its own digital currency

25/08/2017(0)
Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov. The FSB “is actively working at the international ... Read More
Oil-prices-petrol-pump

Oil falls as rising Libyan, U.S. output undermines cuts

31/05/2017(0)
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market. Brent ... Read More
Brent Crude Oil

Oil drops after OPEC-led output cut extension falls below expectations

26/05/2017(0)
Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices climb on hopes output cuts will be extended

19/05/2017(0)
Oil futures rose on Friday to the highest in nearly a month on growing optimism that big producing countries will extend output cuts to curb a persistent glut in ... Read More
VAT

Russia is considering raising value added tax to 22 percent

18/05/2017(0)
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 ... Read More
Oil-prices-petrol-pump

Oil drops on rising U.S. crude inventories, defies expected supply cut extension

17/05/2017(0)
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia ... Read More
oil markets

Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018

16/05/2017(0)
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 ... Read More
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