Business
Russia and China planning clearinghouse to avoid West – Moscow
The project is aimed at building a payment infrastructure independent of the West, Finance Minister Anton Siluanov said…
France headed for ‘black hole’ – financial expert
PM Francois Bayrou’s government lost a no-confidence vote in parliament amid attempts to rein in the country’s ballooning…
China to open up ‘panda bonds’ to Russian energy giants – media
Beijing is reportedly preparing to reopen its domestic bond market to major companies including Rosatom and Gazprom Major…
Russia and UAE agree major business deal – Kommersant
Russia and the United Arab Emirates (UAE) have reached a major economic agreement designed to stimulate bilateral trade and…
Gazprom boss warns EU to prepare for ‘cold winter’
The EU could face a major gas shortage if the region is hit by a cold winter, Gazprom CEO Aleksey Miller has warned. Citing…
Russia’s biggest bank sounds warning about economy
Sber CEO Herman Gref has called for deeper interest rate cuts to spur recovery and avert a recession The Russian economy is…
EU country taps record volume of Russian gas
Hungary has received 5 billion cubic meters of the fuel under long-term contracts with Gazprom, Foreign Minister Peter…
Russian economy cooling ‘faster than expected’ – ministry
The government is revising growth and inflation forecasts, Economic Development Minister Maksim Reshetnikov has said Russian…
Russia-China gas deal to ‘turn the LNG market on its head’ – analysts
Moscow could double deliveries to its Asian neighbor by the 2030s, shutting out US exports, Bloomberg has warned Russia’s…
German unemployment hits ten-year high
Unemployment in Germany has risen to its highest level in a decade, official figures released on Friday showed. The labor…