Representatives from the International Monetary Fund arrived in Kiev this week to discuss further payments under the existing program and a possible expansion. “Part of the mission is... Read more
Russia has abandoned the troubled South Stream project and will now be building its replacement with Turkey. This monumental decision signals that Ankara has made its choice to reject Euro-A... Read more
President of Serbian Republic (in composition of Bosnia and Herzegovina) Milorad Dodik said that he did not understand the position of the developed European countries, which had blocked the... Read more
(Reuters) – At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies a... Read more
On November 14th, German Economic News (which this writer has found to be the world’s most honest, non-propagandistic, newspaper) published two articles about, and they also posted to the In... Read more
The Russia’s Central Bank has raised its key interest rate from 8% to 9.5% as it seeks to tackle inflation.The 1.5% increase is higher than expected, with analysts having forecast a ri... Read more
Russia, Ukraine, and the European Commission have signed an agreement on gas supply and transit conditions until March 2015 during talks in Brussels. The agreement was signed by Russian Ener... Read more
Europe could be plunged into an energy crisis this winter if last-ditch talks on Wednesday fail to see Russia resume gas flows to Ukraine. Russia severed gas supplies to Ukraine in June in a... Read more