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Russia demands changes to Ukraine-EU trade deal
Russia has demanded changes to a free-trade deal between Ukraine and the European Union, underlining that Moscow was not satisfied by a last-minute concession from the EU to delay implementing the pact ...(9/18/2014 10:52:16 AM)
Russia to present toughest budget since global crisis as sanctions bite
Russia presents its toughest budget in years on Thursday, relying on optimistic forecasts for oil prices at a time when borrowing abroad to cover any deficit slippage will be tough due to tightening Western sanctions. The first budget since Russia's costly seizure of Crimea from Ukraine keeps the deficit at a relatively modest 0.5-0.6 percent of gross domestic product for the three-year period.(9/17/2014 11:53:16 AM)
Russia's biggest social network VKontakte gets new CEO
Moscow (AFP) - Russia's biggest social network VKontakte appointed a new chief executive on Thursday after the removal of its maverick founder Pavel Durov earlier this year.(9/18/2014 5:54:34 AM)
Russia welcomes special status for eastern Ukrainian regions
MOSCOW (Reuters) - Russia's foreign ministry on Wednesday welcomed as a "step in the right direction" a Ukrainian parliament decision to grant special status to two regions pro-Russian separatists want to split off from Kiev. On Wednesday, Ukraine passed laws granting temporary and limited self-rule to the eastern regions of Donetsk and Luhansk in an attempt to blunt the independence drive of ...(9/17/2014 3:52:23 PM)
Russia approves tough budget as sanctions restrict growth
Russia approved a fragile budget on Thursday that promises to cover generous social spending and control borrowing, but relies on high oil prices and reserves to try to overcome the economic damage of ...(9/18/2014 12:33:10 PM)
Russia ETFs Crumble on New Sanctions, What Lies Ahead?
Investors should avoid Russia ETFs at present given bout of volatility and tougher round of sanctions.(9/17/2014 8:49:03 AM)
Europe's winners and losers from Russia trouble
Russia's incursion in Ukraine and worsening relations with the West have caught neighboring countries in the cross-fire.(9/17/2014 7:48:48 AM)
Russia to deploy reinforcements to Crimea area
Moscow (AFP) - Russia is to reinforce its troop deployments in annexed Crimea and southern Russia because of the worsening crisis in Ukraine and the buildup of foreign forces nearby, the country's defence minister said on Tuesday.(9/16/2014 2:36:09 PM)
Russia, Egypt seal preliminary arms deal worth $3.5 billion: agency
MOSCOW (Reuters) - Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion from Moscow, Interfax news agency quoted the head of a Russian state arms agency as saying on Wednesday. Speaking during an arms trade exhibition in South Africa, the head of the Federal Service for Military-Technical Cooperation, Alexander Fomin, did not give further details. ...(9/17/2014 9:44:19 AM)
Russia needs government investment to avoid recession, says former finance minister
By Lidia Kelly MOSCOW (Reuters) - Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far. A strong advocate of liberal reforms, Kudrin has become almost the only voice in the Russian elite to question economic policy since the Ukraine ...(9/16/2014 9:17:04 AM)
Source: Yahoo