The two biggest foreign banks in Russia have been heavily tapping the rouble bond market to replace funding from their parent companies in Europe as they rush to reduce ... Read More
The Ministry of Finance of the Russian Federation has published the full version of the draft bill which, if passed in current form, would effectively ban the creation and ... Read More
Though the president depicted an open and stable economy, senior officials acknowledged slow growth and the flight of foreign investors. President Vladimir V. Putin did his best to paint ... Read More
Beyond a few wobbles, global markets have proved remarkably indifferent this year to political risks – whether Russia’s incursions into Ukraine, Iraq’s descent into chaos or democracy protests in ... Read More
With the Ukrainian conflict unresolved and winter in sight, the EU will not only have the grand task of preparing the continent for the possibility of energy shortages, but ... Read More
A member of Russia’s ruling party proposed a law that would allow the seizure of foreign states’ assets in the country after the U.S. and its allies targeted President ... Read More
US private equity group Blackstone is “giving up on Russia”, highlighting how even well-connected western investors are shying away from doing business in the country. The New York-based buyout ... Read More
Russia, which previously was said to be considering a new regional sales tax for introduction in 2015, has ruled out a change to the value-added tax regime, after the ... Read More
Sanctions-hit oil company Rosneft (ROSN.MM) will be able to apply for money from a state wealth fund, Deputy Prime Minister Arkady Dvorkovich said on Tuesday, adding that the government ... Read More
The European Union tightened economic sanctions against Russia on Friday, in response to the country’s role in the Ukraine crisis, imposing additional restrictions on oil companies and extending asset ... Read More
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