Switzerland & Iran developing payment channel to bypass US sanctions A special financial mechanism aimed at maintaining trade ties between Switzerland and Iran is ready for implementation, according to Sharif Nezam-Mafi, the head of the countries’ joint chamber of commerce. 23.01.2019 13:28:22
Russia & OPEC poised to cut oil production despite US pressure The Organization of the Petroleum Exporting Countries (OPEC) and major oil producers lead by Russia are expected to agree on Thursday on price-boosting output cuts. 06.12.2018 11:36:36
Qatar ends 6-decade membership in OPEC, says decision not related to Saudi-led blockade One of the world’s key energy producers, Qatar, is quitting the Organization of the Petroleum Exporting Countries (OPEC) on January 1, Energy Minister Saad al-Kaabi said. 03.12.2018 11:28:18
Russia May Lend $43Mln to Cuba Under Defense Cooperation Program Russia intends to sign an agreement in mid-November on giving Cuba a loan worth 38 million euros ($43. 02.11.2018 18:04:00
Russia, India & Iran want to create alternative trade route to Suez Canal – report Officials from India, Iran, and Russia are going to meet next month to negotiate a large joint project aimed at launching a new cargo transport corridor that could become a cheaper and shorter alternative to the Suez Canal. 01.11.2018 14:29:51
How Russia plans to disentangle its economy from US dollar The Russian Finance Ministry has announced a plan to wean the country of dollar dependence. 06.10.2018 10:06:19
Uncertainty Around US Sanctions on Iran Adds $5-$7 to Oil Prices - Minister Uncertainty in the oil market arising from US sanctions against Iran adds $5-$7 to price of barrel of oil, Russian Energy Minister Alexander Novak told Sputnik on Wednesday. 03.10.2018 09:10:00
Nord Stream 2 is Advantageous for Czech Republic – Energy Expert Last Sunday, Milan Řepka, spokesman of the Ministry of Industry and Trade of the Czech Republic, said that the Nord Stream-2 pipeline will allow the country to remain at the center of European gas transit. 30.09.2018 08:15:49
Bannon: Trump Willing to Make Trade War ‘Unbearably Painful’ for China As Chinese-US trade relations deteriorate, former White House Chief Strategist Steve Bannon said this week that those economic ties may get worse before they get better, since US President Donald Trump is willing to make the ongoing trade war “unbearably painful” for Beijing. 21.09.2018 19:25:37
No lessons learned: Next financial crisis to be much worse with US dollar collapse – Peter Schiff A decade after the global financial crisis, the world is facing another crash even bigger than the one in 2008, veteran stock broker Peter Schiff, CEO of Euro Pacific Capital, told RT. 15.09.2018 09:40:17
Ditch the dollar: World leaders who challenged reliance on US currency Following Iran and Iraq’s decision to no longer use the US dollar in bilateral trade, RT looks at world leaders who have called for a move away from dependance on the currency. 03.09.2018 16:56:46
Turkey favors switching from dollars to national currencies in trade with Russia & China Ankara has given a green light to Moscow’s proposal to switch to ruble-lira trade between the countries. 15.08.2018 16:36:51
Putin Signs 'Tax Havens Bill' to Shield Russian Companies From Foreign Sanctions Russian President Vladimir Putin signed a package of laws allowing Russia-controlled foreign offshore companies to be re-registered in offshore financial centers (OFCs) established in Russia's Kaliningrad Region and Primorsky Territory in order to minimize the possible consequences of sanctions and political risks from foreign countries. 03.08.2018 19:10:00
French Trade Mission May Reportedly Return to Russia With Another Organization The French trade and investment mission in Russia, which shut down earlier this week, may resume its work on the basis of a different organization, Russian media reported Wednesday, citing a French diplomatic source. 18.07.2018 07:55:22
Russia Dropped at Least One Third of US Treasury Bonds in May - US Treasury The US Treasury Department released a list on Tuesday of the 33 major holders of US Treasury securities. 17.07.2018 07:53:00
Adopted Measures in Response to US Tariffs to Enter Into Force June 22 - EC The European Commission said Wednesday it had adopted the regulation on rebalancing measures in response to US tariffs, targeting a list of products worth 2. 20.06.2018 13:33:53
EU Vows to Respond to 'Unjustified' US Metal Tariffs, Launch WTO Dispute Despite media speculations that the US could possibly introduce long-term tariff exemptions for its close allies, Trump has opted for moving ahead with steel and aluminum duties. 31.05.2018 19:29:10
US Treasury Secretary: There is Potential For US Trade War With China Earlier, US President Donald Trump had said that Washington had lost a trade war with Beijing, whiled commenting on plans to raise US tariffs on additional Chinese goods worth $100 billion. 06.04.2018 17:50:00
All Debts Are Paid': France Clarifies Position on Czarist-Era Bond Debt Claims Paris cannot demand that Russia reimburse French holders of pre-revolutionary Russian bond debt, France's Ministry of the Economy and Finance has said. 17.01.2018 07:21:00
Bitcoin 'Will Burst When There is No New Money to Feed It' - Analyst With Bitcoin having lost a fifth of its value in a single day after earlier surging by more than 40 percent, Leonid Delitsin, a leading analyst at the investment holding company "FINAM," told Radio Sputnik that Bitcoin is actually a bubble waiting to burst. 10.12.2017 18:02:00
Kabul Sees No Obstacles for Economic Cooperation With Moscow Chief Executive of Afghanistan’s government Abdullah Abdullah told Sputnik in an interview that Moscow and Kabul have had a lot experience in economic cooperation in the past and now have big opportunities to develop this cooperation in the future. 06.12.2017 21:21:00
Russian Budget Ready For Toughening of Anti-Russia Sanctions - Finance Minister The Russian finance minister assured the country's investors on Saturday that Russia had the instruments to a potential toughening of anti-Russian sanctions. 15.10.2017 13:39:00
New Russian Icebreaker Ilya Muromets to Start State Trials Wednesday - MoD According to a Navy spokesman, Russia’s new icebreaker Ilya Muromets will leave its shipyard in St. 02.10.2017 13:10:00
Game Over: Start-Up Cryptocurrencies 'Can't Compete' With New Bank-Backed Coin Ten of the world's biggest banks are now part of a project to create a new digital currency for financial markets; the new coin has the power to blow rival cryptocurrencies out of the market, financial consultant Luigi Wewege told Radio Sputnik. 03.09.2017 19:25:00
The shackles are off: Russia finally frees itself of massive Soviet debts After the collapse of the Soviet Union, the newly formed Russian Federation didn’t only have to come up with a new financial strategy for its future, but also think about repaying the billions of dollars the Soviet Union borrowed from abroad. 27.08.2017 07:54:00
