EMerging Equity
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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
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
BP Considering Investing More In Russia – CEO
Oil giant BP is going to continue its 25-year cooperation with Russia, and is considering additional investment despite sanctions and low oil prices, said the company’s CEO Bob Dudley. “We have a long-term strategy In Russia, and it has always been so. This year marks 25 years of our work in Russia,” he said. “Our … Continue reading
Most Russians Believe Western Countries Fear And Respect Russia
A recent poll conducted by Levada Center showed that 69 percent of Russian citizens believe that Russia should continue its decisive policy in response to Western sanctions. The number of respondents, who believe that Western sanctions have created problems for them, made up 34 percent. At the same time, 57 percent said that the sanctions … Continue reading
Russian-Made Double Decker Train Ready For New St.Petersburg-Moscow Route
Russian Railways is launching a new passenger route between Moscow and St. Petersburg featuring two-storey rail cars. The first voyage will set off from St. Petersburg on Sunday evening. By Sputnik MOSCOW, January 31 (Sputnik) — A new St. Petersburg-Moscow passenger train route being introduced Sunday evening will feature bilevel (two-storey or ‘double decker’) rail cars, … Continue reading
Growing The Russia-China New Relationship
By F. William Engdahl While the Obama Administration is preoccupied with keeping an increasingly unhappy EU firm on further economic sanctions against Vladimir Putin’s Russia, Putin is busy outflanking an increasingly desperate Washington. Rather than fixate on the deliberate US and NATO provocations in Ukraine, Russia is deepening its strategic ties with the other Great Eurasian … Continue reading
