Thursday, March 21, 2019

Ruble’s Rise Gives Russia Room to Cut Rates, Central Banker Says

The strengthening ruble gives Russia room to cut interest rates if there are no other shocks to the economy, central bank Governor Elvira Nabiullina said. The ruble’s strength is contributing to a slowdown in inflation, and “that’s why with other things being equal and no new significant negative factors, the...

Troubled Russia Tries to Exploit Links to China

Putin to visit Beijing in bid to boost trade and ties as Russian economy struggles from Western sanctions. Russian President Vladimir Putin will try to bolster trade and economic ties when he visits China on Saturday to meet Chinese President Xi Jinping, as Russia’s economy struggles amid Western sanctions and...

Russia Calling Off Dollar Buying Bolsters Ruble as Oil Gains

The ruble ended five days of losses as the Bank of Russia stopped daily purchases of foreign exchange, signaling policy makers don’t want to add impetus to the currency’s decline before an interest-rate decision this week. The ruble rallied as much as 1.8 percent after the central bank said it...

In Talks With Merkel, Putin Calls for Improving Relations With Europe

MOSCOW — President Vladimir V. Putin used a visit on Sunday by the German chancellor, Angela Merkel, to call for a return to normal relations with Europe, brushing aside the widespread boycott by Western leaders of the huge Victory Day parade on Red Square a day earlier. “We do face...

Kerry holds ‘frank’ talks with Putin in bid to improve ties

Sochi (Russia) (AFP) - Russian President Vladimir Putin and US Secretary of State John Kerry held four hours of rare face-to-face talks on Tuesday as the two nations sought ways to cooperate after a sharp deterioration in relations. The highest level US visit to Russia since the Ukraine crisis erupted...

War With Russia Without Public Debate?

"...The general said Russia was needed in the international community; however, this was impossible at the moment due to the country's "sole respect for power." "He emphasised that about 7,000 Russian troops were stationed in Abkhazia and South Ossetia, two territories viewed by the international community as Georgian regions occupied...

Dispute Between Poroshenko and Billionaire Governor Threaten Ukraine Alliance

MOSCOW — A dispute between President Petro O. Poroshenko of Ukraine and the billionaire governor of one of the country’s regions over control of two state-owned energy companies widened Monday, confronting the new Ukrainian government with its most serious internal crisis since coming to power last year. Until the dispute...

Will Russia Reject Neoliberalism?

According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union. If Russia had adopted an intelligent economic policy, its economy would be far ahead of where it stands today. It would have avoided most...

IMF Makes Ukraine War-Fighting Loan, Allows US to Fund Military Operations Against Russia, May...

The International Monetary Fund (IMF) has agreed on a scheme of war financing for Ukraine. For the first time, according to Fund sources, the IMF is not only violating its loan repayment conditions, but also the purposes and safeguards of the IMF’s original charter. IMF lending is barred for a...

Russia’s Economic Crisis Reveals Fault Lines

Summary Russia's deteriorating economic situation has struck another blow to Russian President Vladimir Putin and his ability to maintain a firm hold on the country and the government. Uncertainty in the Russian economy continued for another day Dec. 17 as the Russian government was forced to step in to stabilize the...

Are We Entering a New Cold War?

It’s not a strong Russia we should fear, but a weak one. Every year, the security glitterati of the world gather in Germany for the annual Munich Security Conference. The forum has been around for decades, but this year, over an unseasonably warm weekend, the most dramatic speech was about...
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Putin: ISIS financed from 40 countries, incuding G20 members

President Vladimir Putin says he’s shared Russian intelligence data on Islamic State financing with his G20 colleagues: the terrorists appear to be financed from 40 countries, including some G20 member states. During the summit, “I provided examples based on our data on the financing of different Islamic State (IS, formerly...

Russian Railways develops new freight services for Europe – China route

The creation of necessary conditions for accommodating the growing transport demand on Europe – Asia route represents a priority for transport, said Oleg Belozerov, President of Russian Railways, at the International Conference Railway Business at Transit Speed (Shanghai, China). Russian Railways is actively involved in the integration of Baikal-Amur Railway...

EU Foreign Ministers Skirmish Over Russia Sanctions

On Monday, European Union foreign ministers discussed the bloc’s ties with Russia for the first time in more than a year, a moment some believed could pave the way to a re-think of the bloc’s approach. In fact, Monday’s discussion seems to have barely shifted the status quo, according to...

In Ukraine, U.S interests are incompatible with the interests of the Russian Federation Stratfor...

George Friedman, the well-known American political scientist, recently visited Moscow. Stratfor, the private analytical and intelligence agency which he directs, is often referred to in the US as a "shadow CIA." In an interview with "Kommersant" he talked about what goals the United States is pursuing in Ukraine, and...

Did a Chinese-Russian-Iranian coalition opposing NATO debut in Moscow?

The Moscow Conference on International Security in April was used as a venue to give notice to the US and NATO that other world powers will not let it do as it pleases. Talk about joint efforts between China, India, Russia and Iran against NATO expansion were augmented with plans...

Economy and Sanctions Derail Russia’s Central Asian Investments

After years of embarking on promising forays into Central Asia’s economy, Russia is being forced to pare back its ambitions. The starkest retreat of Russian money is seen in Kyrgyzstan, whose parliament voted overwhelmingly last week to cancel a deal with Russian companies to build two major hydropower facilities. The...

Russia and China deepen ties with new economic deals

MOSCOW, Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation on Friday as Moscow's ties with the West fray over the Ukraine crisis. Russian President Vladimir Putin and Chinese leader Xi Jinping hailed their countries'...

To Be or Not to Be? Ukraine’s Minsk Process

A little over a year after the Minsk II accord was signed in February 2015, it is all too apparent that the agreement aimed at ending the war in eastern Ukraine is not working. Nevertheless, Western governments, the EU, and the Organization for Security and Cooperation in Europe (OSCE)...

Why Russia needs China to buy its weapons

Despite intellectual property concerns, Russia recently agreed to sell 24 Sukhoi Su-35 fighter jets to China - a deal worth $2 billion. But what is driving Moscow to seek deeper trade ties with Beijing? The deal, announced last week by Russian defense conglomerate Rostec, makes China the first foreign contractor...

Putin and Erdogan vow to restore links and economic ties

Summit comes as some in west fear Nato member Turkey could be drawn into Moscow’s orbit. The Russian and Turkish presidents on Tuesday vowed to restore their friendship, ending an eight month stand-off over the Syrian conflict as economic pressures and the failed coup in Turkey drive the two countries...

Vladimir Putin and the Shiite Axis

Russia’s new military alliance with Iran is all about keeping Assad in power and America on its back foot. But marriages of convenience usually don’t last. On Aug. 16, Russian bombers took off from Shahid Nojeh air base near the Iranian city of Hamadan reportedly to bomb Islamic State targets...

Russian ruble slides to record low in Moscow trading

MOSCOW (AP) — The Russian ruble slid to a record low against the dollar Wednesday under pressure from the low oil price. The ruble traded above 81.8 to the dollar in Moscow on Wednesday evening, down by around four percent. That beat the mark of 80.1 set when the currency...

Convoy Brings U.S. Paratroopers To Ukraine For Training

VICENZA, Italy: Paratroopers from the 173rd Airborne Brigade Support Battalion arrived in Yavoriv, Ukraine April 10 via a ground convoy from here to deliver the brigade’s training equipment for Operation Fearless Guardian. Fearless Guardian is the name for the training of Ukraine’s newly-formed National Guard under the Congress-approved Global Contingency...

Russians Live Without Parmesan as Italy Pays Sanctions Price

The Italian economy is flailing without one of its most important customers. Russians are living with less Ferragamo and no parmesan cheese as Italy has lost over $1.5 billion due to European Union sanctions aimed at punishing President Vladimir Putin. "We are worried and we are afraid,'" Italian Industry Minister Federica...

As Russia’s Stock Market Soars, Ukraine Stuck In ‘Frozen Conflict’

I can hear it now: nice going FORBES, valuing money over people’s lives. A disclaimer: this is the investment channel. And that means crisis is looked at through the lens of economic pain and gain, not who is a better president: Poroshenko or Putin, nor the history of Crimea...

Russia’s got a point: The U.S. broke a NATO promise

Moscow solidified its hold on Crimea in April, outlawing the Tatar legislature that had opposed Russia’s annexation of the region since 2014. Together with Russian military provocations against NATO forces in and around the Baltic, this move seems to validate the observations of Western analysts who argue that under...

Congress Demands War in Ukraine!

Just weeks after a European-brokered ceasefire greatly reduced the violence in Ukraine, the US House of Representatives today takes a big step toward re-igniting -- and expanding -- the bloody civil war. A Resolution, "Calling on the President to provide Ukraine with military assistance to defend its sovereignty and territorial...

The Role of Sanctions in U.S.-Russian Relations

Sanctions are a critical tool in persuading Russia to change its Ukraine policy. But the West’s overreliance on them risks undercutting their long-term effectiveness. Sanctions have been a central element of U.S. Russia policy following Moscow’s annexation of Crimea and the beginning of the undeclared war in eastern Ukraine. They...

Russia suspends plutonium deal with U.S.

Citing “unfriendly actions” by the United States, the Kremlin announced Monday that Russia would suspend a landmark agreement to dispose of surplus weapons-grade plutonium, yet another sign of deteriorating relations between the two countries. In a decree released by the Kremlin, President Vladi­mir Putin said Moscow would consider a resumption...

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