Tag: Trade

Russia’s Oil Industry Is Making The Most Of A Weak Ruble; Record Oil Production and Capital Spending Supported by Favorable FX Rate

Economy, Business, Investment, Trade, Oil, Gas, Energy, Politics, Government, Protests, Elections
Oil Well file photo

(Oilprice.com – October 21, 2016) While Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices, oil and natural gas companies have actually increased investments or only seen modest declines, according to the EIA. In ruble terms, the Brent price has actually increased by 40 percent from 2010 levels, while decreasing in […]

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Russia Shifts Focus From Oil To Agriculture

Agriculture, Economy, Business, Investment, Trade, Oil, Gas, Energy
Oil Well file photo

(Oilprice.com – Michael McDonald – October 13, 2016) Michael MaDonald is an assistant professor of finance and a frequent consultant to companies regarding capital structure decisions and investments. Russia’s biggest industry has been oil production historically, but the country appears to be trying to diversify that by putting more emphasis on agriculture. The former soviet state has been relying on […]

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Exxon Has Lost Over $1 Billion From Russian Sanctions

Economy, Business, Investment, Trade, Oil, Gas, Energy, United States, U.S.-Russian Relations
Oil Well file photo

(Oilprice.com – Irina Slav – October 14, 2016) Exxon has turned into a collateral victim of the U.S. economic sanctions against Russia. So while supermajor BP’s chief executive Bob Dudley said earlier this week that he was “a little saddened” with the way the Deepwater Horizon movie has painted his company, Exxon’s Rex Tillerson has perhaps an even greater reason […]

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TRANSCRIPT: [Medvedev and Ulyukayev at] The 30th session of the Foreign Investment Advisory Council in Russia

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
File Photo of Dmitry Medvedev Before Gold Flag with Elaborate Design

(Government.ru – October 17, 2016) The participants discussed proposals to improve customs legislation and technical regulation, develop the banking and financial sectors, and increase investment in agriculture, the processing industry and pharmaceuticals production. Dmitry Medvedev’s opening remarks: The Foreign Investment Advisory Council, which was established in 1994, proved to be a good format in great demand and very useful for […]

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TRANSCRIPT: Vladimir Putin answered questions from Russian journalists

Brazil, BRICS, China, Economy, Business, Investment, Trade, India, South Africa
File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Kremlin.ru – October 16, 2016) The President of Russia answered questions from Russian journalists following the BRICS Summit. Question: Much is being said in the Western media about BRICS going through a rough patch. Since Brazil got a new president, the country has been allegedly thinking whether it needs BRICS. There is little secret about the tension that exists between […]

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If paid timely, Russia ready to supply Ukraine with gas it needs to safely go through winter – Russian energy minister

Oil, Gas, Energy
Gas Flame file photo

GOA, India. Oct 15 (Interfax) – Russia may ship the amount of natural gas to Ukraine that it is lacking to safely go through the upcoming winter if the Ukrainian partners have the necessary resources to pay for it, Russian Energy Minister Alexander Novak said. “We stand ready to fully ensure the transportation of gas [via Ukraine] to European consumers […]

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NEWSLINK Washington Post: “Please pass the Russian Parmesan: Cheesemakers celebrate sanctions, and hope they continue.”

Agriculture, Economy, Business, Investment, Trade, Europe, EU, Foreign Policy, Security, Visas, Sanctions
File Photo of U.S. Dairy Cows

“… When Russian President Vladimir Putin banned most food imports from Europe in 2014 in response to Western sanctions, Russian dairy farmers rejoiced as deliveries of French and Italian cheeses ceased. Now, they believed, they could compete. Since then, they have tried to duplicate all sorts of famous varieties, from Camembert to Emmenthal. But one global delicacy remains largely beyond […]

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TRANSCRIPT: [Putin at] World Energy Congress in Istanbul

Economy, Business, Investment, Trade, Oil, Gas, Energy, Politics, Government, Protests, Elections
Offshore Oil Rig file photo

(Kremlin.ru – October 10, 2016) Vladimir Putin took part in a special session of the World Energy Congress. President of Russia Vladimir Putin: President Erdogan, presidents and colleagues, Mr Prime Minister, ladies and gentlemen, It is a great pleasure to have the opportunity to address such an authoritative international forum. I believe that in the current complicated global economic situation, […]

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RUSSIALINK Russia Today/RT: “Rosneft boss says no to output freeze or cut”

Economy, Business, Investment, Trade, Newslinks, Oil, Gas, Energy, Politics, Government, Protests, Elections
File Photo of Rosneft and Russian Flags Next to Rosneft Banner

“The man in charge of Russia’s largest oil company Rosneft is skeptical about a global crude production freeze or cut, despite President Putin’s pledge to cooperate with OPEC.”

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NEWSWATCH: “Oil hits one-year high as Russia ready to join output caps” – Reuters

Economy, Business, Investment, Trade, JRL NewsBlog, Oil, Gas, Energy
Oil Well file photo

Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year high, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non-OPEC producers. … “Russia is ready to join the joint measures to cap production and is calling for other oil exporters to join,” […]

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Russian economy’s mono-product era could end in 2028-2030 – Gref

Economy, Business, Investment, Trade, Oil, Gas, Energy
File Photo of German Gref Shaking Hands with U.S. Official

MOSCOW. Oct 4 (Interfax) – The Russian economy might leave its mono-product era behind in 2028-2030, Herman Gref, the head of Sberbank (MOEX: SBER), said. “When might this mono-product era potentially end? In 2028-2030. The general feeling is and all the trends we have today indicate that there won’t be a repeat of the commodities super-cycle. We need to be […]

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Russia Smashes Post-Soviet Oil Supply Record as OPEC Weighs Curb

Oil, Gas, Energy
Oil Well file photo

(Bloomberg – bloomberg.com – Stephen Bierman, Julian Lee, and Dina Khrennikova – September 28, 2016) Russia, the world’s largest energy exporter, is on course to pump a post-Soviet record amount of oil in September, adding as much as 400,000 barrels a day to the country’s production. The output surge comes as OPEC nations meet in Algeria, with discussions to curb […]

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TRANSCRIPT: [Putin] Answers to journalists’ questions

China, Far East, Siberia, APEC, Foreign Policy, Security, Visas, Politics, Government, Protests, Elections
Vladimir Putin file photo with VOA logo; screen shot from video still

(Kremlin.ru – September 5, 2016) Vladimir Putin answered Russian journalists’ questions following his working visit to China to take part in the G20 Summit. President of Russia Vladimir Putin: Good afternoon. Let’s dispense with opening remarks and get straight into the discussion. I will try to answer the questions of interest to you. Question: Mr President, this year, for the […]

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TRANSCRIPT: [Putin at] Eastern Economic Forum (excepts)

Economy, Business, Investment, Trade, Far East, Siberia, APEC, Foreign Policy, Security, Visas
Asia Map

(Kremlin.ru – September 3, 2016) Vladimir Putin took part in the plenary session of the Eastern Economic Forum. This year, representatives of 35 countries applied to attend the forum. In total, delegations from 56 countries are taking part. President of Russia Vladimir Putin: Ms Park Geun-hye, Mr Shinzo Abe, friends, ladies and gentlemen. Welcome to Vladivostok, to the second Eastern […]

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TRANSCRIPT: [Putin] Interview to Bloomberg

Economy, Business, Investment, Trade, Far East, Siberia, APEC, Foreign Policy, Security, Visas, Politics, Government, Protests, Elections, United States, U.S.-Russian Relations
Asia Map

(Kremlin.ru – September 5, 2016) Full text of Vladimir Putin’s interview to the international media company Bloomberg has been published. The interview was recorded on September 1, 2016, in Vladivostok. John Micklethwait: Mr President, thank you very much for speaking to Bloomberg. Here in Vladivostok we’re on the edge of the Pacific and on the eve of the second Eastern […]

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Russia Says Oil Output Freeze Not Needed With Price Near $50

Oil, Gas, Energy
Oil Wells File Photo

(Bloomberg – bloomberg.com – Elena Mazneva, Stephen Bierman – September 1, 2016) Russia sees no need for talks with other major oil exporters on freezing output with prices at around $50 a barrel, according to the Energy Ministry in Moscow. If prices fall, then Russia will consider resuming discussions, the ministry’s press service cited Energy Minister Alexander Novak as saying. […]

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Russia’s Ruble Shakes Off August Blues With First Gain in Decade

Economy, Business, Investment, Trade, Oil, Gas, Energy
Diverse Paper Currency, Coins, Line Graph

(Bloomberg – bloomberg.com – Vladimir Kuznetsov – August 31, 2016) The Russian ruble headed for its first gain in August in a decade as a jump in oil prices and high domestic rates helped lure investors hunting returns in riskier emerging-market assets. The currency of the world’s biggest energy exporter traded little changed at 65.24 against the dollar by 3:02 […]

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TRANSCRIPT: [Putin at] State Council Presidium meeting on developing internal waterways

Politics, Government, Protests, Elections
Siberian River, Forest, Mountain

(Kremlin.ru – August 15, 2016) In Volgograd Vladimir Putin chaired a State Council Presidium meeting on developing internal waterways. Before the meeting, the President visited the exhibition Water Transport – Today’s Goals and Tomorrow’s Prospects, which displayed, among other things, models of river ships of various types, both currently in the design phase and already in production, and models of […]

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NEWSWATCH: “Why Ukraine and Russia Need Each Other” – Nicolai Petro/Russian Politics

Economy, Business, Investment, Trade, Europe, EU, JRL NewsBlog, Ukraine, Russo-Ukrainian War
Map of Ukraine, Including Crimea, and Neighbors, Including Russia

Ukraine needs ….  the restoration of those economic ties with Russia that clearly benefit the Ukrainian economy, at least until Ukraine develops stable alternative markets. …. a stop gap measure needed to stop the hemorrhaging of resources, manpower, and capital, and to win Ukraine time and breathing space for economic reform …. Nor do I see it as a matter […]

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NEWSWATCH: “Turkey’s Erdogan Patches Up Relations With Putin” – Wall Street Journal

Economy, Business, Investment, Trade, JRL NewsBlog, Middle East, North Africa, NATO, Oil, Gas, Energy, Turkey
Turkey map

… Putin and … Erdogan mended fences in a high-profile meeting Tuesday, bolstering their governments’ ties as both face strained relations with the West. … Erdogan’s first trip abroad since the Turkish coup attempt … signals his willingness to look to Moscow, traditionally the counterweight to Western influence in the Middle East. But Western leaders say Turkey … crucial to […]

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Goldman Sees Russian Oil Output Topping Soviet Record by 2018

Economy, Business, Investment, Trade, Oil, Gas, Energy
Oil Well file photo

(Bloomberg – bloomberg.com – Stephen Bierman – July 20, 2016) Russia’s oil output will exceed the former Soviet record set almost 30 years ago by the end of 2018 as low-cost fields allow producers to defy the slump in prices, according to Goldman Sachs Group Inc. Production will climb by 590,000 barrels a day over the next three years to […]

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Putin Debt Binge Indulged While Russia Looks Good Next to Europe

Economy, Business, Investment, Trade, Oil, Gas, Energy
Diverse Paper Currency, Coins, Line Graph

(Bloomberg – bloomberg.com – Vladimir Kuznetsov, Natasha Doff – July 20, 2016) No one’s complaining about record debt in Russia next year as an influx of foreign investors helps the government borrow its way out of recession. The Finance Ministry plans to quadruple domestic debt issuance to $20 billion in 2017 to fund a growing budget shortfall and avoid depleting […]

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Oil Must Go to $40 and Stay There to Buy Russia Some Reforms

Economy, Business, Investment, Trade, Oil, Gas, Energy, Politics, Government, Protests, Elections
Oil Wells File Photo

(Bloomberg – bloomberg.com – Anna Andrianova, Andre Tartar – July 18, 2016) [Charts here bloomberg.com/news/articles/2016-07-17/oil-must-go-to-40-and-stay-there-to-buy-russia-reforms-at-last] At an oil price of $40 or below, Russian President Vladimir Putin introduced a flat income tax, built a sovereign wealth fund and delivered speeches to the Bundestag in German. When it was over $100, he fought two wars with neighbors and splashed over $40 […]

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Despite Putin Jibes, Russia Places Hope In ‘Brexiteer’ Boris Johnson

Britain, UK, United Kingdom, Europe, EU
File Photo of British Parliament Building, Big Ben, Thames, adapted from image at loc.gov

(RFE/RL – rferl.org – Tom Balmforth – MOSCOW, July 14, 2016) In a single sentence, he once called Russian President Vladimir Putin a “manipulative tyrant” and likened him to the big-eared, bug-eyed “house elf” from the Harry Potter series. But the surprise appointment of Boris Johnson to head the British Foreign Office is being cautiously welcomed by Moscow — and […]

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TRANSCRIPT: [Putin at] Meeting of the Council for Strategic Development and Priority Projects

Economy, Business, Investment, Trade
Map of Russia and Russian Flag adapted from images at state.gov

(Kremlin.ru – July 13, 2016) Vladimir Putin chaired the first meeting of the Presidential Council for Strategic Development and Priority Projects at the Kremlin. Before the meeting of the Council for Strategic Development and Priority Projects. Standing (from left to right): Presidential Aide Igor Levitin, Deputy Prime Minister Dmitry Kozak, Finance Minister Anton Siluanov. Sitting: Education and Science Minister Dmitry […]

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NEWSWATCH: Ukraine’s Poroshenko: “‘We believe in Europe’; Memories of war and oppression are short in the EU, as Brexit shows. Not in Ukraine.” – Petro Poroshenko/Politico.eu

Britain, UK, United Kingdom, Europe, EU, JRL NewsBlog, Ukraine, Russo-Ukrainian War
Petro Poroshenko file photo, with additional men in background, adapted from image at state.gov

Writing in Politio.eu, Ukrainian President Petro Poroshenko addresses the UK’s exit from the EU and Ukraine’s professed ongoing commitment to European unity. These aren’t the easiest days for a united Europe. Both Eastern and Western Europe are suffering from Brexit fever. The destiny of those who want to be out has been decided – just like the destiny of those […]

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We Are Right, You Are Wrong: Russia’s Response to Brexit

Britain, UK, United Kingdom, Economy, Business, Investment, Trade, Europe, EU
File Photo of British Parliament Building, Big Ben, Thames, adapted from image at loc.gov

(Kennan Institute – wilsoncenter.org/program/kennan-institute – Maxim Trudolyubov – June 29, 2016) Maxim Trudolyubov is a Senior Fellow at the Kennan Institute and the Editor-at-Large of Vedomosti, an independent Russian daily. Mr. Trudolyubov was the editorial page editor of Vedomosti between 2003 and 2015. He has been a contributing opinion writer for The International New York Times since the fall of […]

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Russian Oil Exports Set for Record as Europe Competition Grows

Economy, Business, Investment, Trade, Europe, EU, Oil, Gas, Energy
Oil Well file photo

(Bloomberg – bloomberg.com – Stephen Bierman and Dina Khrennikova – July 3, 2016) Russian crude exports are on track to set a record this year, which is intensifying competition in Europe as Iran boosts shipments to the region. Exports rose 4.9 percent to 5.55 million barrels a day in the first half of the year from the same period in […]

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Russia Seeks to Reassure Over Brexit Volatility

Britain, UK, United Kingdom, Economy, Business, Investment, Trade, Europe, EU, Oil, Gas, Energy
File Photo of British Parliament Building, Big Ben, Thames, adapted from image at loc.gov

(Voice of America – voanews.com – Daniel Schearf – June 29, 2016) As Britain and Europe struggle to come to terms with the British vote in favor of leaving the European Union, financial markets are roiling across the globe, including in Russia. Even before the vote for a British EU exit, the head of Russia’s largest bank, Sberbank, warned that […]

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Russian markets rode out Brexit volatility fairly smoothly – Nabiullina

Economy, Business, Investment, Trade, Europe, EU
Elvira Nabiullina file photo

ST. PETERSBURG. June 30 (Interfax) – Russian markets made it through the surge in volatility caused by the UK’s vote to leave the European Union fairly smoothly, Central Bank chief Elvira Nabiullina said at a financial conference on Thursday. “Speaking about Brexit, in or estimate its direct influence on the Russian financial system and economy will be fairly limited. We’ve […]

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RBTH: Four possible effects of Brexit on Russia’s economy

Britain, UK, United Kingdom, Economy, Business, Investment, Trade, Europe, EU
EU Map

Rather than being a boon, UK’s possible exit from the EU could cast the Russian economy into troubled waters. (Russia Beyond the Headlines – rbth.ru – ALEXEI LOSSAN, KIRA EGOROVA, RBTH – June 27, 2016) Despite Russia being called one of Brexit’s possible beneficiaries, in reality the UK’s potential exit from the EU poses more risks for the Russian economy […]

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NEWSWATCH: “Putin Heads to China to Cement Ties, but Obstacles Remain” – AP

China
Asia Map

With … Putin heading to China this weekend, officials in both countries extoll a blossoming ‘strategic partnership’ …. But despite Moscow’s push to strengthen ties with Beijing amid a bitter strain in relations with the West, Russia-China trade has shrunk sharply and a slew of ambitious projects have remained largely on paper. Observers attribute the slow progress to Beijing’s hard-nosed […]

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Brexit: Russia’s national interest versus its nationalist interest

Britain, UK, United Kingdom, Europe, EU, Foreign Policy, Security, Visas, History, Soviet Union, Politics, Government, Protests, Elections
EU Map

Subject: Brexit: Russia’s national interest versus its nationalist interest Date: Tue, 21 Jun 2016 13:27:00 -0400 From: Ira Straus (IRASTRAUS@aol.com) The argumentative thrust of Putin’s Russia is friendly to Brexit. Indeed, it propagandizes for the most extreme parties of the far Right in Europe, coupled with providing financial sponsorship for them and some organizational support. This creates a resemblance to […]

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Sechin predicts oil price to reach $50-55 per barrel by end of 2016, $65 per barrel by end of 2017

Economy, Business, Investment, Trade, Oil, Gas, Energy
Igor Sechin file photo

MOSCOW. June 22 (Interfax) – Oil prices will reach the levels of $50-55 per barrel by the end of 2016 and $65 per barrel by the end of 2017, Rosneft (MOEX: ROSN) CEO Igor Sechin said during an interview with Rossiya-24 television. “The current volatility will continue. We think that by the end of the year we will stably reach […]

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RBTH: SPIEF 2016: Russia will attract only the best foreign technologies

Economy, Business, Investment, Trade, Science, Technology, Engineering
Cash, Calculator, Pen

Russia plans to set up a new presidential council to promote economic innovation, as business deals are unveiled. (Russia Beyond the Headlines – rbth.ru – ALEXEI LOSSAN, RBTH – June 21, 2016) Participants in the St. Petersburg International Economic Forum (SPIEF) have signed agreements worth $15.8 billion, the executive secretary of its organizing committee, Anton Kobyakov, has announced. The official […]

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Putin Said to Weigh $11 Billion Rosneft Sale to China, India

China, Economy, Business, Investment, Trade, Far East, Siberia, APEC, India, Oil, Gas, Energy
File Photo of Rosneft and Russian Flags Next to Rosneft Banner

(Bloomberg – bloomberg.com – Elena Mazneva, Ilya Arkhipov – June 19, 2016) Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years. Russia has been seeking buyers for 19.5 percent of state oil champion Rosneft OJSC and […]

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Investments in Russia’s economy declining both because of structural problems, oil price drop – Putin

Economy, Business, Investment, Trade, Oil, Gas, Energy
Diverse Paper Currency, Coins, Line Graph

ST. PETERSBURG. June 18 (Interfax) – A decline in investments in Russia’s economy can be explained by both the lower oil prices and investors’ worries about problems in Russia’s economy, Russian President Vladimir Putin said. “It’s both this and that,” Putin said while meeting with top managers of international news agencies in St. Petersburg on Friday, when asked whether the […]

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TRANSCRIPT: [Putin at] Meeting with heads of international news agencies

Economy, Business, Investment, Trade, Foreign Policy, Security, Visas, Media, Internet, Social Media, Television
Vladimir Putin file photo with VOA logo; screen shot from video still

(Kremlin.ru – June 17, 2016) Vladimir Putin had a meeting with heads of leading international news agencies. The meeting was attended by representatives of news agencies from France, Spain, the United States, Great Britain, Canada, Germany, China, Japan, India and Italy. President of Russia Vladimir Putin: Good afternoon, ladies and gentlemen, I have delivered so many speeches today that I […]

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Putin’s Reliance on American Commerce Has Never Been Greater

Economy, Business, Investment, Trade, France, Germany, United States, U.S.-Russian Relations
File Photo of Boeing 747, adapted from image at navy.mil

(Bloomberg – bloomberg.com – Jake Rudnitsky, Ilya Arkhipov – June 15, 2016) U.S. becomes Russia’s No. 5 partner as trade war hits EU worse Boeing, Cargill, Yum! lead U.S. companies expanding in Russia President Vladimir Putin loves to reel off statistics, but here’s one he may not trumpet at his annual investment forum in St. Petersburg this week: Russia’s reliance […]

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International Economic Forum opens in St. Petersburg

Economy, Business, Investment, Trade, Oil, Gas, Energy, Sanctions
Diverse Paper Currency, Coins, Line Graph

Russian observers expect dialogue and possible progress on the softening of EU sanctions against Russia from the forum, as well as Gazprom and Shell’s joint launch of an enormous LNG plant in Russia’s northwest. (Russia Beyond the Headlines – rbth.ru – ALEXEI LOSSAN, RBTH – June 16, 2016) Leading world economists have gathered at the St. Petersburg International Economic Forum […]

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Sanctions agenda may be discussed during Putin-Juncker meeting at SPIEF

Politics, Government, Protests, Elections
EU Map

(Interfax – June 14, 2016) Russian President Vladimir Putin and European Commission President Jean-Claude Juncker can touch on the issue of sanctions at their meeting planned during the St. Petersburg International Economic Forum on June 16, Russian Presidential Aide Yury Ushakov said. “The agenda [of sanctions and countersanctions] will certainly be voiced, because, as we know, the issue of sanctions, […]

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Putin Is Growing Organic Power One T-34 Tank-Tomato at a Time; Backed by billionaires’ cash, Russian food exports are now worth more than Kalashnikovs and all other military hardware combined.

Agriculture, Economy, Business, Investment, Trade
Map of Russia and Russian Flag adapted from images at state.gov

(Bloomberg – bloomberg.com – Anatoly Medetsky, Matthew Campbell, Yuliya Fedorinova – June 7, 2016) [Photos and charts here bloomberg.com/news/features/2016-06-07/putin-is-growing-organic-power-one-t-34-tank-tomato-at-a-time] Deep in the Caucasus, downriver from Europe’s highest peak, North Korean women roam Soviet-era hothouses growing what tycoon Vladimir Evtushenkov is betting will be his next big bounty: the T-34 battle tomato. The plump hybrids, named for the fearsome tank that […]

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Why the U.S. Needs Russian Rocket Engines to Spy on Russia

Economy, Business, Investment, Trade, Military, Sanctions, Space, Spies, Spy Allegations, United States, U.S.-Russian Relations
File Photo of Atlas Rocket on Launch Pad

(Bloomberg – bloomberg.com – Eli Lake – June 6, 2016) When President Barack Obama came into office, the fact that Russia sold the U.S. the rocket engines it needed for launches was a feature of U.S. foreign policy, not a bug. Obama was trying to reset the U.S. relationship with Moscow, and that meant finding areas where the two former […]

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NEWSLINK “RBTH/Gazeta.ru/Fyodor Lukyanov: “Will Russia integrate into the Western world, post-sanctions? Recent overtures by top EU and German officials usher in hopes that relations between Moscow and the West could be on the verge of a turn for the better – but the real question is what direction Russia will take after sanctions are lifted and the tensions have abated.”

Europe, EU, NATO, Newslinks, United States, U.S.-Russian Relations
Mercator Projection Satellite Image of Earth » Read more
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NEWSWATCH: “Step-by-Step Rapprochement. Germany Considers Easing of Russia Sanctions. Standing tough on Russia remains official policy, but Germany has begun working on the careful easing of sanctions imposed following Moscow’s aggression in Ukraine. The US is opposed, but many in the EU could support the new approach.” – Der Spiegel

Economy, Business, Investment, Trade, Europe, EU, Germany, JRL NewsBlog, NATO, Sanctions, Ukraine, Russo-Ukrainian War
Europe Map

… What Merkel didn’t say … is that behind the scenes, her government has long since developed concrete plans for a step-by-step easing of the sanctions against Russia and that the process could begin as early as this year. … the message has been that the trade and travel restrictions will only be lifted once all the provisions foreseen by […]

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NEWSLINK Valdai Discussion Club/Paul Saunder: “G7 SUMMIT IN JAPAN: NO HISTORIC HIGHS. The G7 has yet to redefine its purpose and role following Russia’s exclusion. Reinvigorating it will require leadership, creativity, and a degree of reflection.”

Economy, Business, Investment, Trade, Europe, EU, Foreign Policy, Security, Visas, Newslinks, United States, U.S.-Russian Relations
File Photo of G7 Leaders and other Officials Around Round Table at the Hague, with Flags » Read more
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