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Jan 23, 2019 11:16
Western anti-Russia sanctions are proving to be ineffective and are starting to harm America more, according to the CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev.
- There's still a risk of full-blown bear market, warns Nobel Prize winner Robert Shiller
With US stock markets recovering slightly from sharp falls at the end of last year there's still a risk of a significant downward trend, according to Robert Shiller, professor of economics at Yale University.Jan 23, 2019 14:24 - Switzerland & Iran developing payment channel to bypass US sanctionsA special financial mechanism aimed at maintaining trade ties between Switzerland and Iran is ready for implementation, according to Sharif Nezam-Mafi, the head of the countries’ joint chamber of commerce.Jan 23, 2019 08:58
- Huawei may pull out of markets where it is not ‘welcome’Chinese tech giant Huawei says it will focus on countries “where we are welcome” amid accusations the firm poses security risks in the West, chairman Liang Hua reportedly said during the World Economic Forum (WEF) in Davos.Jan 23, 2019 11:08
- Western sanctions not key factor in why Russia looks East to AsiaExperts weighed in on Russia's strategic and business opportunities at the World Economic Forum in Davos. The official residence, Russia House, welcomed more than 300 guests.Jan 23, 2019 13:50
- There's still a risk of full-blown bear market, warns Nobel Prize winner Robert ShillerWith US stock markets recovering slightly from sharp falls at the end of last year there's still a risk of a significant downward trend, according to Robert Shiller, professor of economics at Yale University.Jan 23, 2019 14:24
- Western sanctions not key factor in why Russia looks East to AsiaExperts weighed in on Russia's strategic and business opportunities at the World Economic Forum in Davos. The official residence, Russia House, welcomed more than 300 guests.Jan 23, 2019 13:50
- Sanctions on Moscow will hurt US long term – head of Russia’s wealth fundWestern anti-Russia sanctions are proving to be ineffective and are starting to harm America more, according to the CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev.Jan 23, 2019 11:16
- Huawei may pull out of markets where it is not ‘welcome’Chinese tech giant Huawei says it will focus on countries “where we are welcome” amid accusations the firm poses security risks in the West, chairman Liang Hua reportedly said during the World Economic Forum (WEF) in Davos.Jan 23, 2019 11:08
- Switzerland & Iran developing payment channel to bypass US sanctionsA special financial mechanism aimed at maintaining trade ties between Switzerland and Iran is ready for implementation, according to Sharif Nezam-Mafi, the head of the countries’ joint chamber of commerce.Jan 23, 2019 08:58
- Let’s replace US dollar with Russian gold, Moscow exchange chief suggestsRussian gold could become the perfect alternative to conservative investments in the greenback, the CEO of Russia’s key trading floor, Moscow Exchange (MOEX), believes.Jan 22, 2019 14:40
- Russia aims to boost trade with Japan to $30 billionTrade between Russia and Japan grew by 20 percent to $20 billion last year, Economic Development Minister Maksim Oreshkin has said. He met with his Japanese counterpart Hiroshige Seko in Moscow on Tuesday.Jan 22, 2019 13:52
- EU fines Mastercard $650 million for breaking antitrust lawsThe European Commission has fined US payment system Mastercard €570 million ($648mn) for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere across the EU.Jan 22, 2019 11:22
- Russia House in Davos opens doors to guests & international businessThe World Economic Forum (WEF) 2019 kicked off in Davos, Switzerland on Tuesday welcoming participants from 50 countries. The official Russian residence, Russia House, will also host business events till January 25.Jan 22, 2019 10:16
- Russia cuts foreign debt to decade low while boosting national reservesRussia’s external debt has fallen by $64.4 billion or 12.4 percent from the beginning of last year, amounting to $453.7 billion as of January 1, 2019 – the lowest level since April 2009, according to Central Bank of Russia data.Jan 22, 2019 10:11
- ‘World economic expansion losing momentum’: IMF cuts global growth forecastsRisk of a sharper decline in global growth has increased, according to the International Monetary Fund (IMF), which urged the United States and China to resolve their trade war.Jan 21, 2019 15:01
- Japan resumes oil imports from Iran after latest US sanctionsTokyo has resumed purchases of Iranian oil for the first time since suspending imports in line with US sanctions against the Islamic Republic, according to reports citing a Japanese refinery and the head of Iranian Central Bank.Jan 21, 2019 14:58
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