Thursday, March 21, 2019

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...

Ruble Strong: Russian Currency No Longer Reacts to Oil Prices, Foreign Debt

The ruble has grown by 13 percent since the beginning of the year, and has found a new point of balance as it no longer reacts to falling oil prices or foreign debt payments, Russia's Finance Minister said. The ruble no longer reacts to the oil price, the fall of...

Putin proposes currency union with Belarus, Kazakhstan

It’s time to think about the prospects of creating a currency union between Russia, Belarus and Kazakhstan, President Vladimir Putin has said. “We think the time has come to talk about the possibility to form a currency union in the future,” Putin said Friday at a meeting with his Kazakh...

Russia Rebounds, Despite Sanctions

Sanctions meant to punish Russia for snatching Crimea from Ukraine one year ago were supposed to hurt Russian business. And they did. Russian stocks, bonds and commodities had the worst performance in 2014 of those in any emerging market. That was then. Now the picture is changing, with investors starting...

Moscow Exchange launches Chinese Renminbi futures

From 17 March the Moscow Exchange has started trading in a futures contract on the currency pair Chinese Renminbi — Russian ruble. The launch has been driven by a substantially increasing Renminbi turnover on the Exchange, growing volume of settlement in the currency between Russia and China as well as...

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...

Sanctions Having a Mixed Effect on Russia, Officials Say

WASHINGTON – U.S. and European sanctions imposed on Russia for its support of Ukrainian separatists and the annexation of Crimea are having a significant impact on Russia’s economy but have not curtailed Moscow’s continued intervention in the region, two senior Defense Department officials told Congress today. “We are hearing, for...

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...

From Energy War to Currency War: America’s Attack on the Russian Ruble

A multi-spectrum war is being waged against Moscow by Washington. If there are any doubts about this, they should be put to rest. Geopolitics, science and technology, speculation, financial markets, information streams, large business conglomerates, intelligentsia, mass communication, social media, the internet, popular culture, news networks, international institutions, sanctions,...

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...

Russia Defends Ruble With Biggest Rate Rise Since 1998

Russia took its biggest step yet to shore up the ruble and defuse the currency crisis threatening its stricken economy. In a surprise announcement just before 1 a.m. in Moscow, the Russian central bank said it would raise its key interest rate to 17 percent from 10.5 percent, effective today....

Sanctions bring Russian growth to standstill: IMF

Sanctions imposed on Russia over Ukraine have brought growth to a standstill, had a "chilling effect" on investment and could force Moscow into economic isolation, the International Monetary Fund said on Tuesday. The international lender's report chimed with words from Russia's central bank governor, Elvira Nabiullina, who told a banking...

German Businesses Urge Halt on Sanctions Against Russia

Vocal Opposition Has Helped Keep Merkel From Endorsing Broader Penalties on Moscow. BERLIN— Angela Merkel is carrying a clear message from Germany's business lobby to the White House: No more sanctions. Several of the biggest names in German business—including chemical giant BASF SE, engineering group Siemens AG , Volkswagen AG, Adidas...

The Eurasian Union: Undermining Economic Freedom and Prosperity in the South Caucasus

Abstract Russian President Vladimir Putin is seeking economic and political alliances to counterbalance the influence of the U.S., the European Union, China, and transnational Islamism. Putin is determined to strengthen Moscow’s hegemony in the “near abroad”—the post-Soviet space. One of the instruments he has created to achieve that strategic objective...

Russian Railways Logistics Sends First Container Train from China to Europe with CIM/SMGS Common...

“Introduction of CIM/SMGS Common Consignment Note is a result of the two-year work of the railway administrations of all transit countries,” - says Pavel Sokolov, the CEO of Russian Railways Logistics. – “Shippers save transit time due to container demurrage decrease at the border stations.” Multi-client train, which consists of...

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