All prices, tariffs and budget payments in the Donetsk People’s Republic will be calculated in the Russian rubles, as follows from a resolution by the Cabinet of Ministers effective since Se... Read more
The deal has worrying implications for the IMF’s treatment of Russia. Yesterday, with the announcement that the Ukrainian government had reached an agreement on restructuring its private deb... Read more
War-torn Ukraine has reportedly reached a restructuring deal with a group of creditors headed by Franklin Templeton, according to the country’s finance minister Natalie Jaresko. The terms of... Read more
If you thought Ukraine’s five-month debt-restructuring battle with Franklin Templeton was tough, just wait until the country starts negotiating with its second-biggest creditor, Russia. Ther... Read more
Moldova needs to establish strategic partnership with Russia, leader of the country’s Socialist Party and former Moldova’s Vice-Premier Igor Dodon told TASS on Friday, commenting on the deci... Read more
BRICS New Development Bank (NDB) has been officially launched on Tuesday in Shanghai. The ceremony of opening the bank was led by NDB President Kundapur Vaman Kamath, China’s Finance Ministe... Read more
Greek factor did not make a significant impact on the situation on Russian currency market, an official with the Central Bank told TASS. “The ruble rate dynamics was influenced by oil... Read more
Brazil confirmed its interest to increase the purchases of grain, fish and fertilizers from Russia, Minister of Agriculture, Livestock, and Food Supply of Brazil Katia Abreu said Friday in a... Read more
The Council of the European Union on Monday formally extended the economic sanctions against Russia until January 31, 2016, press officer for the Foreign Affairs Council Susan Kiefer has sai... Read more
The sanctions imposed by the European Union against Russia over its stance on the Ukraine crisis and Moscow’s countermeasures will cost Europe €100 billion and endanger over 2 million jobs,... Read more