EMerging Equity
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Capacity Of Russian Arctic Ports To Grow By 60% Over Next 15 Years
An official from Russia’s port association expects Russia to increase the volume of shipments made via its Arctic ports to 115 million tons per year. By Sputnik News Russia is currently modernizing its existing port facilities and constructing new terminals in the Arctic. These efforts are expected to raise the port capacity of Russian Arctic ports from 72 to 115 … Continue reading
Ukraine: To Arm Or Not To Arm – OpEd
As the war (there’s no point any longer in using hedging words like “crisis” or “conflict”) in eastern Ukraine has intensified over the past several months, an idea that would have once been considered radical has rapidly gained traction among mainstream pundits. I’m talking, of course, about the prospect of sending weapons, “lethal defensive aid” … Continue reading
Russian Armed Forces Returning To Latin America
Vladimir Putin said that he would not allow the West to achieve military superiority over Russia. Russia will continue strengthening the nuclear potential, develop space forces, navy and long-range aviation. The Russian Navy plans to commission two new nuclear submarines. However, Russia lacks a developed system of bases that had been lost after the collapse … Continue reading
Russia To Help Egypt Build ‘A Whole New Nuclear Power Industry’ – Putin
Russia will contribute to building “a whole new nuclear power industry” in Egypt, President Vladimir Putin has announced as the two countries have signed a number of agreements after a meeting in Cairo. The leaders of Russia and Egypt have signed “a memorandum of understanding to build the first nuclear plant in [the northern city … Continue reading
Egypt To Join Russia-Led Eurasian Free Trade Zone
Egypt has established a free trade zone with the Russian-led Eurasian Economic Union, which includes Russia, Armenia, Belarus, and Kazakhstan, president Sisi of Egypt announced at a joint news conference with Russian President Vladimir Putin. “We have reached an agreement to establish a free trade zone between Egypt and the Eurasian Economic Union,” Egyptian President … Continue reading
Moscow And Ankara To Trade In National Currencies – DenizBank
Russia and Turkey are working towards trade payments in national currencies, according to the president and CEO of Turkey’s DenizBank, Hakan Ates. “We are ready to do everything to facilitate the transition to payments in national currencies. Such a transition is possible but our central banks have to make this decision. We’re already working in … Continue reading
Moscow And Cairo To Drop Dollar, Use National Currencies In Bilateral Trade: Putin
Russia and Egypt might soon exclude the US dollar and use their national currencies in the settlement of accounts in bilateral trade, Russian President Vladimir Putin said in an interview to Egyptian media ahead of his Monday visit to the country. The issue of abandoning the dollar in trade is “being actively discussed,” Putin told … Continue reading
Russia And North Korea To Tighten Business Relations
The Russian Chamber of Commerce has set up recently a special Council for Cooperation with North Korea. The new arrangement is supposed to increase trade between the two nations to $1 billion a year by 2020. Moscow will allow North Korean firms to set up bank accounts in Russia while in exchange, Russia will gain … Continue reading
Russia’s Rosneft To Invest $500 Billion In Arctic Exploration Over 25 Years
The Russian energy giant’s investments in the Arctic region’s development may reach $500 billion in the next 20-25 years, Energy Minister Alexander Novak said Friday. By Sputnik News Russian energy giant Rosneft will invest some $500 billion in the exploration of the Arctic over the next 20-25 years, Russian Energy Minister Alexander Novak said Friday. “Rosneft alone will … Continue reading
Russian Coal Keeps UK Household Lights On As Winter Grips
As winter grips the UK, a group of Russian coal companies with leaders closely linked to President Vladimir Putin are enabling British power companies to keep the country’s lights on – a precarious position as the sanctions rhetoric rises once again. By Nick Kochan in London BNE Three Russian firms, SUEK, KRU and SDS Coal, produce … Continue reading
