Russia Financial News

22.07 / 20:13

Time Europe Is Tested Anew, This Time by Energy, Inflation and Putin

This past week brought home the double-headed crisis testing the European Union’s resilience.

22.07 / 20:13

Deal Russia-Ukraine Grain Deal Won’t Translate Into Big Exports Immediately

LONDON—The deal between Moscow and Kyiv to allow for the export of Ukrainian grain is helping push global prices lower, but it won’t translate into a slug of new exports soon.

22.07 / 17:37

COST UPS Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis

ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for the first time since the Russian invasion, a deal aimed at freeing up vital supplies amid fears of a global food crisis.

22.07 / 16:49

Racing Continental World’s Growing Thirst for American Gas Tests U.S. Ability to Meet Demand

Shrinking flows of Russian natural gas to Europe have triggered a global race among U.S. allies to secure American gas exports, testing the country’s ability to meet fast-growing demand.

22.07 / 16:25

Brussels launches new legal action against London over Northern Ireland Protocol

The European Commission on Friday launched four new infringement procedures against the UK over the implementation of the Northern Ireland Protocol.

22.07 / 14:47

Southern Russia’s Central Bank Slashes Rates, Sees Smaller Hit From Sanctions

Russia’s central bank Friday lowered its key interest rate below its prewar level, and said it expects the economy to contract less sharply than it did when Western sanctions were first imposed in response to the invasion of Ukraine.

22.07 / 12:29

Climate change Football Trump Riot Trump ignored pleas to stop riot, as VP's security 'prepared to die'

Despite desperate pleas from aides, allies, Republican congressional leaders and even his family, Donald Trump refused to call off the mob attack on the US Capitol building on 6 January 2021.

22.07 / 12:01

recovery China's Xi wishes Biden a 'speedy recovery' from Covid

BEIJING — Chinese President Xi Jinping contacted U.S. President Joe Biden on Friday to wish the American leader a «speedy recovery» from Covid, according to state media.

22.07 / 07:59

Football Deal Ukraine and Russia to sign vital grain export deal on Friday

Ukraine and Russia will sign a breakthrough agreement on Friday, designed to help relieve a global food crisis caused by blocked Black Sea grain exports.

21.07 / 22:37

markets Bitcoin Bears Bulls or bears? Both have a fair chance in Friday’s Bitcoin options expiry

Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 high represents a 28.5% increase from the July 13 swing low at $18,900.

21.07 / 20:53

Football Ukraine war: The latest developments you need to know on Thursday

Russian shelling pounded a densely populated area in Ukraine’s second-largest city Thursday, killing at least two people and injuring at least 21 with a barrage that struck a mosque, a medical facility and a shopping area, according to officials and witnesses at the scene.

21.07 / 19:13

Climate change European Union Hungary's top diplomat visits Moscow to negotiate gas supplies despite EU sanctions

Hungary's government wants to buy close to a billion cubic metres of natural gas from Russia despite European Union sanctions, its top diplomat said ahead of talks with his Moscow counterpart.

21.07 / 19:13

Climate change European Union Italy's President Mattarella dissolves parliament, orders new election

Italy is set to hold a general election this autumn after President Sergio Mattarella formally dissolved parliament.

21.07 / 17:29

European Union Time ECB hikes interest rates for first time in 11 years by larger-than-expected amount

The European Central Bank has raised interest rates for the first time in 11 years by a larger-than-expected amount, joining steps already taken by other major central banks across the world to target stubbornly high inflation.

21.07 / 13:53

business EU slaps Russia with more sanctions over Ukraine war

The European Union has imposed more sanctions on Russia over its invasion of Ukraine after the bloc's member states backed a series of measures that would include gold imports and tighten export controls on some high-technology goods.

21.07 / 11:53

UPS U.S. to Escalate Pressure on Nicaragua With a Limit on Sugar Imports

WASHINGTON—The Biden administration is planning to drop Nicaragua from the list of countries eligible for low-tariff shipments of sugar into the U.S., stepping up pressure on the government of President Daniel Ortega, an authoritarian leader with close ties to Russian President Vladimir Putin.

21.07 / 11:53

Russia Resumes Nord Stream Natural-Gas Supply to Europe

BERLIN—Russian natural gas began flowing again at a reduced volume through a critical pipeline into Europe on Thursday, according to the operator of the pipeline, buying time for governments to decouple from the Kremlin’s exports amid what they expect will be an increasingly unreliable supply of energy from Moscow heading into the winter.

21.07 / 10:15

Nord Stream 1 restarts with fears of reduced capacity

Natural gas has started streaming again through the Nord Stream 1 pipeline after a 10-day shutdown, its operator has said, but the gas flow is expected to fall well short of full capacity.

21.07 / 09:17

Vladimir Putin 'entirely too healthy' says CIA chief

The director of the CIA has dismissed persistent rumours that Russian President Vladimir Putin is gravely ill, perhaps suffering from cancer, by saying Putin is "entirely too healthy."

21.07 / 08:49

Support Italian PM Draghi to resign as key allies withdraw goverment support

The Italian government is set to collapse, after three key coalition partners decided to pull their support from Prime Minister Mario Draghi.

21.07 / 05:49

Biden says he expects to speak with China's Xi in 10 days

BEIJING — U.S. President Joe Biden said he expects to speak with Chinese President Xi Jinping by the end of the month.

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