JRL NEWSWATCH: “Russian Economy Gives Putin Reasons Not to Extend OPEC+ Deal” – Bloomberg/ Olga Tanas

Oil Well file photo

“The OPEC+ pact is hurting the Russian economy, potentially giving … Putin a reason not to agree on an extension …. While higher crude prices can bring … additional revenue, production cuts are weighing on one of the country’s biggest industries. … [Putin] may have to weigh his desire for faster economic growth against the benefits of his alliance with […]

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Russia Could Take Hold Of China’s Entire Gas Market

Gas Flame file photo

“As the trade war between the U.S. and China intensifies … Beijing has vowed to retaliate. … Not only will the trade war impact U.S.-Chinese LNG deals, but it will impact the overall global LNG market since the U.S. is the fastest growing LNG producer ….”

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RUSSIALINK: “Russia sees major integration capacity in China’s One Belt One Road project – Putin” – Interfax

Map of China and Environs, adapted from image at cdc.gov

SOCHI. May 13 (Interfax) – The relations between Russia and China are developing successfully, while Moscow views China’s One Belt – One Road initiative as fruitful and substantive, Russian President Vladimir Putin said. “At the beginning of talks I would like to convey the best wishes to my friend [Chinese President Xi Jinping] for warmness, with which we have been […]

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JRL NEWSWATCH: “[Re: Council on Strategic Development and National Projects] Macro and Markets with Alex Nice” – Bear Market Brief, bmb Russia/ Foreign Policy Research Institute

Vladimir Putin file photo with VOA logo; screen shot from video still

“… Putin chaired a major meeting of the Council on Strategic Development and National Projects with the cabinet and regional officials. … First, although Putin is only a year into his fourth term, there is already a sense of frustration and anxiety about the progress of the National Projects … the strategic underpinning of the six-year presidential cycle. Putin opened […]

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JRL NEWSWATCH: “Russia’s nuclear power exports are booming” – bne Intellinews/ Ben Aris

Russian Nuclear Power Plant file photo

“… state-owned … Rosatom … operates 35 nuclear power stations in Russia … produc[ing] 28GW of power, and … is actively exporting … nuclear technology …. [to help] cement[] ties with … emerging markets with no nuclear power tradition and the BRICS countries …. [including i]n recent years … construction of six nuclear power reactors in India, Iran and China […]

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JRL NEWSWATCH: “Putin Suddenly Sacks Russian Envoy to Belarus Amid Oil Row” – Reuters

Map of Commonwealth of Independent States, European Portion

“… Putin … sacked Moscow’s ambassador to Belarus, Mikhail Babich … amid a row over contaminated oil and a wider political discord between the ex-Soviet countries. Belarussian President Alexander Lukashenko has generally been more closely aligned with Moscow than any other ex-Soviet leader, while the lack of tolerance for dissent at home has made him largely a pariah in the […]

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JRL NEWSWATCH: “Where Does the Russia-North Korea Relationship Stand?” – Council on Foreign Relations/ Scott A. Snyder

North Korea Map and Flag, adapted from .gov image

“… Kim desperately needed to replace the narrative of weakness after failing to make a widely expected deal with the United States at the Hanoi summit with a narrative of strength, both domestically and internationally. Last week’s summit with Putin allowed Kim to show stature internationally and discuss alternatives to the U.S.-proposed big deal on denuclearization. But he failed to […]

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RUSSIALINK TRANSCRIPT: “[Putin] News conference following working visit to China” – KremlinRu

Asia Map

(Kremlin.ru – April 27, 2019 – en.kremlin.ru/events/president/transcripts/60396) Vladimir Putin spoke to journalists following the Roundtable discussions at the Belt and Road Forum for International Cooperation. President of Russia Vladimir Putin: Good afternoon. There will be no opening remarks. I am ready to answer your questions. Question: Good afternoon. The Belt and Road is a very ambitious project – to the […]

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JRL NEWSWATCH: “Putin lauds China infrastructure initiative, warming ties” – AP

Map of China and Environs, adapted from image at cdc.gov

“… Putin praised China’s Belt and Road infrastructure initiative … underscoring warming ties between the neighboring powers. Putin’s comments … to a forum in Beijing appeared to downplay the potential for tensions between China and Russia. … [and] reflect Beijing and Moscow’s shared resistance to U.S. global influence. The Belt and Road is rapidly expanding China’s economic footprint in Central […]

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RUSSIALINK: “Putin: One Belt, One Road initiative lays down int’l relations principles that are relevant today” – Interfax

Asia Map

BEIJING. April 26 (Interfax) – Russian President Vladimir Putin has thanked Chinese President Xi Jinping for the invitation to take part in the One Belt, One Road forum, adding he sees that this initiative keeps developing. “It has proven to be immensely timely and successful. It is taking on a global nature and is starting to lay down the principles […]

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Putin, Dozens Of Other Leaders Gather In China For ‘Belt And Road’ Summit

Asia Map

(Article text ©2019 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – April 25, 2019 – article text also appeared at rferl.org/a/dozens-of-world-leaders-arrive-in-china-for-belt-and-road-forum/29902631.html) Leaders from dozens of countries have begun arriving in Beijing to attend the April 25-27 Belt and Road Forum. China’s $1 trillion Belt and Road initiative seeks to create new rail, road, port, and energy infrastructure that links […]

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Russia Replaces Venezuelan Crude On European Markets

Oil Well file photo

(Oilprice.com – Irina Slav – April 12, 2019) European refiners are switching to Russian sour grades as U.S. sanctions have shrunk Venezuela’s similar-grade exports, Reuters reports, adding that the Russian sour crude is getting increasingly expensive. Citing sources from the trading industry, Reuters says the situation has been made worse by the fact that OPEC members have cut mainly their […]

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JRL NEWSWATCH: “Military Drills in Arctic Aim to Counter Russia, but the First Mission Is to Battle the Cold” – New York Times/ Helene Cooper

Arctic Map

“… the melting polar ice cap has opened up the Arctic, disappearing what used to be an impenetrable barrier between North America and Russia. … NATO is rushing to try to catch up. … ‘Russia is increasing its military presence in the Arctic,’ said … a [NATO] spokesman … [NATO is] ‘monitoring Russia’s Arctic buildup carefully.’ In fact, Russia has […]

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RUSSIALINK: “Sanctions against Russian state banks likely to be more of a deterrent measure- Kudrin” – Interfax

Alexei Kudrin file photo

WASHINGTON. April 14 (Interfax) – If the currently discussed U.S. legislation on new anti-Russian sanctions is enacted, its implementation is going to be either delayed or unlikely to affect those banks whose problems could actually change the general economic situation in Russia, Accounts Chamber head Alexei Kudrin said. “I suppose that the framework provisions are going to be adopted, but […]

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Russia Seeks New Arctic Oil Frontier

Map of Arctic Highlighting Permafrost, adapted from image at nasa.gov

Rosneft, Russia’s state-controlled oil company … the largest oil producer in the country, plans to develop an Arctic cluster of oil fields over the next five years. These plans by Rosneft – led by a close [Putin] ally … Igor Sechin – fit [Putin’s] ambition to develop Arctic oil and gas resources and adjacent regions, as well as the so-called Northern Sea Route – a shipping lane through Russian Arctic waters … from Europe to the Far East. …

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RUSSIALINK: “Audit Chamber Chairman Kudrin in favor of mitigating sanctions through talks” – Interfax

Alexei Kudrin file photo

MOSCOW. March 14 (Interfax) – Russia should seek to mitigate the Western sanctions by synchronizing the efforts of the ministries of foreign affairs, the interior, and economic development, and other agencies toward a better investment climate, Audit Chamber Chairman Alexei Kudrin said. “We need a friendly global environment, we need to enter these [foreign] markets and operate in various jurisdictions, […]

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RUSSIALINK: “WTO has essentially ceased to function due to U.S. actions – minister” – Interfax

Kremlin and Saint Basil's File Photo

MOSCOW. Feb 18 (Interfax) – The actions of the United States in the area of international trade have led to the World Trade Organization’s (WTO) activities coming to a virtual standstill and one can theoretically conceive that the trade body will cease to function altogether, Russian Economic Development Minister Maxim Oreshkin said on the Main Actors with Nailya Asker-Zade show […]

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RUSSIALINK TRANSCRIPT: “Dmitry Medvedev answers questions from TV presenter Irada Zeynalova (NTV) at the Sochi 2019 forum. [Re sanctions]” – GovernmentRu

Dmitri Medvedev file photo

(Government.ru – February 14, 2019) Irada Zeynalova: We know perfectly well that the Americans are now preparing a package of doomsday sanctions. They already know all the sensitive points of our economy. Our economy is growing even with the sanctions, but they still have surprises for us. What should we do in this situation? Do we even fear these sanctions? […]

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JRL NEWSWATCH: “‘These Are Our Friends’; Russians Push to Preserve North Korea Ties; Some Russian business owners and ethnic Koreans are braving U.S. ire to maintain business ties with Pyongyang” – Wall Street Journal/ Anatoly Kurmanaev, Thomas Grove, Ksenia Barakovskaya, Lyubov Barabashova, Ian Talley

North Korea Map and Flag, adapted from .gov image

“… some 13,000 North Korean workers [were] left in Russia by October …. Some Western diplomats view Moscow’s implementation of … sanctions as overly liberal. … allowing [Pyongyang] to continue earning foreign currency and sourcing vital supplies in Russia and undermining U.S. attempts to strong-arm the country into giving up [WMD]. … Russian customs data show North Korea imported about […]

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The World’s Most Geopolitically Charged Pipeline

Gas Flame file photo

(Oilprice.com – Tim Daiss – January 19, 2019) Russia’s proposed pipeline to bring more gas from Russian fields into Europe via an undersea pipeline to Germany seems to be unable to shake both geopolitical maneuvering as well as headline-grabbing quotes from both sides of the divide. On Thursday, Wolfgang Ischinger, chairman of the Munich Security Conference, and a seasoned diplomat […]

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As Russia’s Food Prices Soar, Bakers Are Feeling the Squeeze; The costs of key ingredients like sugar and eggs have risen sharply in recent months.

File Photo of Wheat Field in Kenya, adapted from image at usda.gov

(Moscow Times – themoscowtimes.com – Evan Gershkovich – Jan. 22, 2019) [themoscowtimes.com/articles/as-russias-food-prices-soar-bakers-are-feeling-the-squeeze-64225] Vladimir Anshakov hadn’t planned on becoming a baker. But when the law school graduate was between jobs several years ago, he was spending more time at home with his teething toddler who had a penchant for gnawing on bread crusts. After the new father checked the ingredients, his […]

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Diminishing Returns: How Effective Are Sanctions Against Russia?

(PONARS Eurasia – Stacy Closson – January 2019 – ponarseurasia.org/memo/diminishing-returns-how-effective-are-sanctions-against-russia) Stacy Closson is a Global Fellow at the Woodrow Wilson Center’s Kennan Institute and a Senior Adjunct Professional Lecturer at American University’s School of International Service. (PONARS Policy Memo) In November 2018, the Trump administration announced another set of sanctions on Russian individuals and entities for supporting Russia’s economic integration […]

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JRL NEWSWATCH: “Russia drops two places on Bloomberg innovation ranking” – bne Intellinews

File Image of Stylized Eye Surrounded by Binary Code

“Despite … hype surrounding … state digitisation … Russia fell to … 27th … in … [Bloomberg] global innovative rankings …. but was still … third best in Emerging Europe …. now on a par with Malaysia and Luxembourg. Last year, Russia was two positions higher. The top slot was once again taken by South Korea, the six-time champion of […]

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JRL NEWSWATCH: “Russia says oil price war with U.S. would be too costly” – Reuters

Oil Well file photo

“Russia should not unleash an oil price war against the United States but … stick with output cuts even … losing market share in the medium term, one of the main Russian architects of a production pact with OPEC said. Since 2017, Russia and OPEC have cut oil production jointly … to boost the price of crude. … oil has […]

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JRL NEWSWATCH: “Putin can’t afford to ditch the dollar” – Reuters/ Steven E. Halliwell

Diverse Paper Currency, Coins, Line Graph

“Paul Manafort, while managing Donald Trump’s 2016 election campaign, is accused of passing private polling data to his Russia business partner, a man with alleged ties to Russian intelligence. … revealed in an unsealed court filing … likely to stoke the case in Congress for increased sanctions …. [T]he reverberations will be felt in Moscow, where anger and frustration over […]

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RUSSIALINK: “To Be Effective, Russia Sanctions Have to Be Removable; The U.S. must decide whether its economic restrictions against Oleg Deripaska are a permanent punishment or an incentive for change” – Bloomberg / Leonid Bershidsky

U.S. Capitol in Bright Sunlight

“The congressional Democrats’ opposition to a proposal to lift U.S. sanctions against the companies founded by the Russian billionaire Oleg Deripaska raises an important question: Is the punitive policy designed to achieve specific goals or primarily to make a statement? The sanctions against United Co. Rusal, En+ Group Plc and EuroSibEnergo JSC will expire on Jan. 19 unless Congress takes […]

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RUSSIALINK TRANSCRIPT: “[Medvedev speech excerpts:] 10th Gaidar Forum: The main theme of the 2019 Gaidar Forum is Russia and the World: National Development Goals and Global Trends.” – GovernmentRu

Dmitri Medvedev file photo

(Government.ru – Jan. 15, 2019 – government.ru/en/news/35366/) The Gaidar Forum is an ongoing discussion platform for pressing current issues. The forum has been held annually since 2010 in memory of Yegor Gaidar, a researcher, economist and ideologist of the early 1990s reforms in Russia. Forum discussions centre on Russia’s place and strategic role in the world. Among forum moderators are […]

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JRL NEWSWATCH: “Enforce the Monroe Doctrine on Russian Moves in Latin America; The Trump administration needs to adopt a firmer policy toward Moscow’s intrusions into Latin America” – The National Interest/ Ted Galen Carpenter

Latin America Map

“… Moscow[ has sent] two nuclear-capable bombers to Venezuela to show support for Nicolas Maduro’s leftist regime. Russian defense minister Sergei Shoigu said … Russia would continue to send military aircraft and warships to visit Venezuela as part of … bilateral military cooperation. … The Trump administration increasingly is concerned about the Maduro regime’s ugly authoritarianism, the meltdown of the […]

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JRL NEWSWATCH: “Russia in Africa: Is it becoming a key player?” – BBC/ Kumar Malhotra

Africa Map

“Russia’s recent activities in Sudan and the Central African Republic have been the subject of intense speculation. … along with renewed economic ties, private Russian military contractors are reported to have been active in both countries. … particularly sensitive in Sudan, where there have been widespread, often violent anti-government protests. Moscow has been increasingly turning its attention to sub-Saharan Africa, […]

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Why Russia Isn’t Worried About Lower Oil Prices

Oil Wells File Photo

(oilprice.com – Nick Cunningham – Dec 27, 2018 – oilprice.com/Energy/Oil-Prices/Why-Russia-Isnt-Worried-About-Lower-Oil-Prices.html) Even as Saudi Arabia has scrambled to prevent a bust in the oil market, so far failing to head off a dramatic price slide, Russia seems just fine with prices where they are. Russia is a key piece of the oil price puzzle. OPEC, once a coalition of oil-producing members […]

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JRL NEWSWATCH: “How to Hit Russia Where It Hurts; A Long-Term Strategy to Ramp Up Economic Pressure” – Foreign Affairs Magazine/ Peter Harrell

“… [S]anctions have done little to change Moscow’s ways. … Any economic pressure … has to starve the country’s military-industrial complex. The United States and Europe know this: they adopted export controls against Russian defense industries … and … Congress passed a law sanctioning foreign companies and governments … [for] ‘significant transactions’ with the Russian defense sector. These sanctions threaten […]

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How Well Are Russia Sanctions Working?

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

(Russia Matters – russiamatters.org – Nick Butler – December 21, 2018) Nick Butler is an energy commentator for the Financial Times and a visiting professor and chair of the Kings Policy Institute at Kings College London. He spent 29 years with BP, including five years as group vice president for policy and strategy development. [russiamatters.org/analysis/how-well-are-russia-sanctions-working] Tracking sanctions against Russia has […]

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RUSSIALINK: “Numbers Backing ‘Russia’s Agricultural Boom’ Were Inflated, Report Says” – Moscow Times

Diverse Paper Currency, Coins, Line Graph

(Moscow Times – themoscowtimes.com – December 19, 2018) Russia’s widely lauded agricultural boom was overestimated by as much as 30 percent for certain crops, according to a report published earlier this month. Driven by a weaker ruble and higher oil prices, agriculture overtook arms sales in 2017 to become Russia’s second-biggest export sector behind oil and gas. Official data suggested […]

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JRL NEWSWATCH: “Russians spend a third of their income on food” – bne Intellinews

Cash, Calculator, Pen

“Russian spend a third of their income (31.2%) on food, according to RIA Rating … [compared with] two years ago where the share of spending of food crept up to 55% according to VTB Capital (VTBC) …. While incomes have fallen dramatically in dollar terms so have prices … with heavy investment into domestic food and food processing industries in […]

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Russia Rises To Second In Global Arms Sales, With U.S. Still At No. 1

File Photo of T-72 Tanks in Bulgaria, adapted from image at defense.gov, with photo credit to Cpl. Immanuel Johnson

(Article ©2018 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – Dec. 10, 2018 – also appeared at rferl.org/a/putin-calls-us-senator-mccain-old-world-but-admires-his-patriotism/28537171.html) The United States remains the global leader in arms sales, while Russia has surpassed Britain to take the No. 2 spot as it attempts to modernize its military, a leading research group says. The Stockholm International Peace Research Institute (SIPRI) said on […]

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JRL NEWSWATCH: “Russian-Saudi Oil Cooperation Won’t Last; They say they will cut production. But it’s in the interests of both big oil producers to pump as much as they can.” – Bloomberg/Leonid Bershidsky

Oil Well file photo

“There’s a nasty undercurrent to the surprisingly strong Saudi-Russian oil alliance behind the upcoming oil production cuts …. Saudi Crown Prince Mohammed bin Salman may high-five … Putin in public, but … expect[s] that Russia will disappear from the oil market …. Eventually … the two big exporters may not be interested in production-cutting deals as they square off for […]

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RUSSIALINK: “What Drives the Russian State; To understand what makes Putin and his allies act the way they do, you need to look beyond the myths” – New York Times/ Alexander Baunov/ Carnegie Moscow

Map of Commonwealth of Independent States, European Portion

“Since … Putin came to power … analysis of Russia … has largely focused on two interpretations …. The first argues that Russia is a mafia state in which the main aim of the ruling elite is to steal money at home to conceal and spend abroad. The second states that Mr. Putin is a hostage of his own popularity […]

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RUSSIALINK: “WTO modernization among key issues at G20 summit – Russian Sherpa” – Interfax

File Photo of Country Flags Outside 2017 G20 Meeting in Hamburg, adapted from image at state.gov

MOSCOW. Nov 22 (Interfax) – The G20 summit will discuss ways to modernize the World Trade Organization (WTO) as one of the key issues at their summit and, hopefully, find a common approach to the matter, Russia’s G20 Sherpa Svetlana Lukash said. “As for trade, the key question of course is: what is going to happen to the main international […]

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RUSSIALINK: “No rapid de-dollarization, national currency settlements pose certain risks – Kudrin” – Interfax

Alexei Kudrin file photo

MOSCOW. Nov 22 (Interfax) – There will be no rapid de-dollarization in settlements which, when conducted in other national currencies, including those of Eurasian Economic Union countries, pose certain currency risks, said Alexei Kudrin, head of the Russian Accounts Chamber. “I’m in favor of a company being able to choose [the currency of settlements], which would be in keeping with […]

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Russia’s Most Powerful Oilman: We’re Fine With Any Oil Price

Oil Well file photo

(Oilprice.com – Irina Slav – November 15, 2018) Rosneft is fine with any level of oil prices, chief executive Igor Sechin told Kommersant radio station as quoted by news agency TASS. “We manage risks. If prices fall, we will work on increasing our market share,” Sechin said, adding that if prices continued their current slide, Rosneft would focus on maintaining […]

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JRL NEWSWATCH: “China and Russia’s awkward romance” – Washington Post/Jonathan Hillman

Asia Map

“… China still towers above Russia in economic and demographic terms. With a long history of invasions, Russia’s paranoia about foreign powers approaching its borders will not vanish overnight. … Russian policymakers must be persuaded to take China’s economic power as seriously as the West’s military power. China’s grand ambitions run through Russia and its neighbors, but its investments and […]

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RUSSIALINK TRANSCRIPT: “Answers to Russian journalists’ questions; At the end of his three-day state visit to Singapore, Vladimir Putin answered questions from the Russian media” – KremlinRu

File Image of ASEAN Logo, adapted from image at ustr.gov by Steven C. Welsh :: www.stevencwelsh.info :: www.stevencwelsh.com

(Kremlin.ru – November 15, 2018 – en.kremlin.ru/events/president/transcripts/59131) Question: Mr President, you have had many meetings during your three-day visit to Singapore. We noticed that the Prime Minister [of India] greeted you very emotionally at the dinner. President of Russia Vladimir Putin: We are friends. This kind of greeting is normal for those who maintain such relations. Question: Out of the […]

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JRL NEWSWATCH: “Russia draws closer to Southeast Asia with arms and energy trade; Putin to attend regional summit to build on economic and political cooperation” – Nikkei Asian Review (Japan)/JUN SUZUKI, TOMOYO OGAWA

File Image of ASEAN Logo, adapted from image at ustr.gov by Steven C. Welsh :: www.stevencwelsh.info :: www.stevencwelsh.com

“… Putin will for the first time attend the East Asia Summit, to be held in Singapore …. Putin aims to boost arms and energy trade with the region … [and is] seeking new partners to help offset the pressure of Western sanctions over its annexation of Crimea. … Putin will … attend the Association of Southeast Asian Nations leaders’ […]

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JRL NEWSWATCH: “Congress Likely to Shelve New Russia Sanctions as Clock Runs Out” – Bloomberg/ Saleha Mohsin, Laura Litvan, Anna Edgerton, Daniel Flatley

U.S. Capitol in Bright Sunlight

“Congress isn’t expected to pass legislation ordering new U.S. sanctions on Russia before the end of the year, as lawmakers focus instead on government spending measures, judicial nominations and a farm bill, key senators said. A bipartisan group of senators moved swiftly over the summer to assemble new proposals for Russia sanctions …. But as Congress enters the so-called lame […]

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The Biggest Threat To Dollar Dominance

Diverse Paper Currency, Coins, Line Graph

(Oilprice.com – Irina Slav – November 12, 2018) Russian oil exporters are pressuring Western commodity traders to pay for Russian crude in euros and not dollars as Washington prepares more sanctions for the 2014 annexation of Crimea by Moscow, Reuters reported last week, citing as many as seven industry sources. While it may have come as a surprise to the […]

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JRL NEWSWATCH: “Russia clashes with Western oil buyers over new deals as sanctions loom” – Reuters

Oil Well file photo

“Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions. … Western oil majors and trading houses have clashed with Russia’s third and fourth biggest producers, Gazprom Neft and Surgutneftegaz, over 2019 oil sales contract terms during […]

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JRL NEWSWATCH: “The tenth city: Rostov-on-Don; We move to Russia in our series on Europe’s second-tier cities; Ancient trading traditions have survived Bolshevism and war” – The Economist

Map of Commonwealth of Independent States, European Portion

“… [Rostov-on-Don has] roots as a trading hub …. Russia’s gdp growth is slow at around 1.5% … [yet] the Rostov region is … at twice that … powered by booming farming, retooled manufacturing and an active citizenry. … [G]eography, tradition and mild weather make[] Rostov among Russia’s most entrepreneurial cities. … [where] 44% of the workforce is employed in […]

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RUSSIALINK: “Sanctions undermine international system, time bomb planted under WTO – Medvedev” – Interfax

Dmitri Medvedev file photo

BEIJING. Nov 7 (Interfax) – International sanctions have planted a time bomb under World Trade Organization (WTO) procedures, Russian Prime Minister Dmitry Medvedev said. “In fact, a time bomb has been planted under the WTO regimes now, which the WTO, World Bank, and IMF managers have talked about. So this is very bad,” Medvedev told journalists on Wednesday. The restrictive […]

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JRL NEWSWATCH: “U.S. overtakes Russia to become the world’s biggest oil producer” – bne Intellinews

Offshore Oil Rig file photo

“The U.S. overtook Russia to become the world’s biggest producer of oil in August …. Russia has been the biggest single producer of oil in terms of barrels produced a day for several years, but the shale oil revolution in the U.S. has seen production there skyrocket …. As average oil prices rose to over $65 in the first quarter […]

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Can Russia Relieve The Iranian Oil Crisis?

Iran Map and Flag

(Oilprice.com – Vanand Meliksetian – October 30, 2018) Charles de Gaulle once said: “no nation has friends, only interests.” Cooperation between Russia and Iran has been increasing over the years. The countries are drifting towards each other due to shared interests over topics such as Syria and opposition to a unipolar world led by the U.S. Although Moscow and Tehran […]

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