Russia Financial News

21.09 / 02:41
Fighting economy Gold Prices Gold prices dip as US Fed hardens hawkish policy stance
Gold prices retreated on Thursday as the U.S. dollar and bond yields powered higher after the Federal Reserve signalled another rate hike this year and a tighter monetary policy through 2024 than previously expected. FUNDAMENTALS * Spot gold slid 0.3% to $1,924.68 per ounce by 0059 GMT, while U.S.
21.09 / 02:23
Citi Provident BLOCK Fighting Shell 2020 gatherings Nagorno-Karabakh Azerbaijan claims control of Nagorno-Karabakh as Armenian forces agree to lay down arms
blockade of the road connecting Nagorno-Karabakh to Armenia. Thousands of Nagorno-Karabakh residents flocked to a camp operated by Russian peacekeepers to avoid the fighting, while many others gathered at the airport of the regional capital, Stepanakert, hoping to flee the region.
21.09 / 02:23
Reuters Assurant President show country social reports Power Zelenskiy calls for Russia to lose its veto power at UN Security Council
UN Security Council meeting on Moscow's invasion of his country when Russian Ambassador Vassily Nebenzia objected to him taking the floor at the start of the meeting, according to Reuters reports. Albanian Prime Minister Edi Rama responded with a gibe at Moscow, which has long said the invasion does not amount to war but was a mere "special military operation". "I want to assure our Russian colleagues and everyone here that this is not a special operation by the Albanian presidency," Rama, known for a piercing sense of humor, said to muted laughter across the room, Reuters reported.
21.09 / 01:19
Citi Provident CBDC Digital Citizens Russia Survey: 90% Don’t Want to Be Paid in Digital Rubles – CBDC Setback?
Most citizens in Western Russia say they do not want to get paid in digital rubles, dealing a further blow to the Central Bank’s CBDC plans.
20.09 / 23:29
Fighting President stage country voice Grain spat drags Ukraine's ties with ally Poland to lowest point since start of Russian invasion
A dispute about whether Ukrainian grain should be allowed to enter the domestic markets of Poland and other European Union countries has pushed the tight relationship between Kyiv and Warsaw to its lowest point since Russia invaded Ukraine last year
20.09 / 21:23
COST Ripple Progressive Manufacturing Corning Opinion: Don't scapegoat grocers and food manufacturers for high food prices
In the ongoing debate over the soaring food prices in Canada, it’s tempting to lay the blame at the feet of the most visible players — the grocery stores, suppliers, farmers and fishers. However, as someone deeply entrenched in the food industry, both as a supplier and distributor and a food brand owner, I can tell you that the situation is far more complex than it appears.
20.09 / 19:39
Provident Aware economy President show country reports Premium Saudi cuts Asian Premium after India taps Russian oil
NEW DELHI : Saudi Arabia, the world’s second largest oil producer, has slashed the premium charged on exports to India while many others have discontinued it altogether, a person aware of the matter said, after India began sourcing the bulk of its energy requirements from Russia. Asian premium is an extra amount levied by the Organization of the Petroleum Exporting Countries (Opec) from Asian countries above the actual selling price. India has repeatedly pressed oil producers to eliminate this premium and even asked for an ‘Asian discount’ instead.
20.09 / 19:39
Target Aware band country information prevention WTO NOT India faces flak at WTO for not notifying curbs
NEW DELHI : India is facing criticism from several World Trade Organization (WTO) members for failing to notify the trade body of its numerous export restrictions to secure domestic food supplies before national elections next year, three people aware of the development said. Commerce secretary Sunil Barthwal will chair a high-level meeting on Friday to potentially discuss India’s priorities at WTO’s 13th Ministerial Conference (MC13) in Abu Dhabi in February and chalk out arguments explaining New Delhi’s stance on the issue. This comes as India, the largest rice exporter, imposed curbs on exports of the commodity after a rainfall deficit during the monsoon triggered food security concerns.
20.09 / 18:35
Progressive economy pandemic country reports patient NOT It's not yet glorious to be just rich
G20 summit reported fair progress on some of the most nettlesome challenges confronting the world economy, such as debt relief to low-income countries, restructuring multilateral funding agencies and securing finance commitments for climate change. G20 itself has become a more inclusive forum with the inclusion of the African Union (AU).
20.09 / 18:35
RAI gatherings NOT India-Canada row will not impact Canada's presence in Army Chief's Meet
Canada's participation at the Indo-Pacific Armies Chiefs Conference (IPACC) in the capital next week, said a senior Indian Army officer. The deputy chief of the Canadian Army will participate in the conference of top military leaders from 30 nations in the region, Major General Abhinaya Rai, additional director general, strategic planning, said on Wednesday, describing China as an «important partner» of the IPACC initiative. «It (the diplomatic row) doesn't impact us. The Canadian chief is coming here.
20.09 / 14:33
Reuters Fighting country reports Ceasefire in Karabakh, Azerbaijan and Armenian separatists to start talks on future of the region Thursday
the future of the Nagorno-Karabakh region and the ethnic Armenians who live there will start on Thursday. The ceasefire agreement was mediated by Russian peacekeeping forces. On Wednesday, Azerbaijan and Nagorno-Karabakh authorities said a ceasefire was reached with Russian mediation that included the military demands, but said “reintegration" of the region was still to be discussed.
20.09 / 14:04
Parke ADB lowers India's GDP projection for FY23 to 6.3%, FY24 retained at 6.7%
economic activity is seen supported by a rebound in tourism and healthy domestic demand. ‘’Domestic demand is continuing to support developing Asia’s growth.
20.09 / 13:05
COST UPS Lowe's MSCI show Stocks edge up before Fed, but UK data stirs rate pause talk
By Dhara Ranasinghe and Tom Westbrook
20.09 / 12:21
Blockchain Remark Southern Chainalysis transaction volume Chainalysis Report: India Ranks Second in Global Transaction Volume Despite Tax Law Challenges
India has claimed the second-largest position in the global crypto market, surpassing the UK, Turkey, and Russia in raw transaction volume.
20.09 / 11:23
Provident Waves Target Citizens SEC Southern performer New York firm accused of $7B unregistered trading for Russian
A New York firm that managed billions of dollars for sanctioned Russian oligarch Roman Abramovich was sued by the Securities and Exchange Commission for not registering as an investment adviser.
20.09 / 10:23
COST Target Boeing show fall UK inflation in surprise fall in August, though BOE still set to raise rates
Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine, which led to sharp rises in energy and food costs
20.09 / 10:15
economics inflation Bank of England UK Interest rates CPI UK inflation fall Rate rise remains likely despite surprise inflation fall to 6.7%
Food inflation remains well above the headline rate but has also fallen, down to 13.6% from las month’s 14.9% figure.
20.09 / 09:02
UPS Digital Extreme Chevron track Goldman Sachs says oil’s going back to $100 as rally builds
Goldman Sachs Group Inc. rejoined the $100-a-barrel oil club, raising its forecast for crude back to triple digits as worldwide demand hits unprecedented levels and OPEC+ supply curbs continue to tighten the market. With prices advancing by more than 30% since mid-June to breach $95 a barrel on Tuesday, the Wall Street bank nudged up its 12-month forecast for global benchmark Brent to $100 a barrel from $93.

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