This tag is associated with 136 posts

Russia, China Sign Raft Of Deals And Will Integrate The Eurasian Economic Union, New Silk Road

Russian President Vladimir Putin and Chinese President Xi Jinping on Friday signed a decree for cooperation in tying the development of the Eurasian Economic Union (EEU) with the New Silk Road economic project. Russia and China also signed a number of energy, trade, and finance deals on Friday, which are aimed at strengthening economic ties between the two nations. … Continue reading

Why NATO Is Terrified Of Russia – OpEd

By Pepe Escobar The twin-pronged attack – oil price war/raid on the ruble – aimed at destroying the Russian economy and place it into a form of Western natural resource vassalage has failed. Natural resources were also essentially the reason for reducing Iran to a Western vassalage. That never had anything to do with Tehran developing … Continue reading

Highlights From Russian President Vladimir Putin’s 13th Annual ‘Direct Line’ Q&A

Russian President Vladimir Putin answered a total of 90 questions on Thursday during his annual televised question and answer (Q&A) session, officially known as “The Direct Line with Vladimir Putin,” which lasted for 3 hours and 55 minutes, falling around 50 minutes short of his previous record. Here are some of the highlights of President Putin’s 13th annual Q&A … Continue reading

Russia, India Move Closer To Agreement On Settlements In National Currencies

The Central Bank of Russia and The Central Bank of India are moving closer to an agreement to use their national currencies for trade settlements, according to a statement released by Russia’s Central Bank on Friday. The National Banks of Russia and India said they did not see any regulatory restrictions in making settlements in rubles and rupees on … Continue reading

Russia To Propose Using National Currencies With Vietnam For Mutual Settlements, PM Says

Russia will propose to Vietnam the use of their national currencies for mutual settlements, primarily in trade and investment, Russian Prime Minister Dmitry Medvedev said during an interview with Vietnam’s national radio broadcaster Voice of Vietnam on Sunday. According to the Russian PM, Russia and Vietnam could easily make the switch to their national currencies – the … Continue reading

More De-Dollarization: Turkey Looks To Settle Payments With Russia In Local Currencies

Turkey’s Ministry of Economy is considering a move to settle payments with Russia by using local currencies for major investment deals, Russia’s TASS news agency reports. “We would like payments in rubles and lira to be introduced at least for the larger investment projects in Russia and Turkey,” Turkey’s Deputy Economy Minister Adnan Yyldyrm, said during a joint … Continue reading

In Eurasia, Devaluation Is First Line Of Defence

By Chris Weafer, Macro Advisory Russia is not the only economy suffering from the combination of the oil price collapse and sanctions; most of the countries in the Commonwealth of Independent States (CIS) are also feeling the pain. For some it is because they have also waited far too long to start diversifying away from … Continue reading

U.S.-EU Power Play Behind Regime Change In Russia – OpEd

By Pepe Escobar, Sputnik News The Empire of Chaos dream of regime change in Russia has always hinged on controlling large swathes of Eurasia. With “friends” like European Council President Donald Tusk and top NATO commander Gen. Philip Breedlove, the EU certainly doesn’t need enemies. Gen. Breedhate has been spewing out his best Dr. Strangelove impersonation, warning that … Continue reading

Iran, Russia Ink Deal To Create Joint Banking Oversight Body

Iran and Russia have signed an agreement to create a joint regulation body that will oversee interbank financial transactions between the two nations, Iran’s Fars News Agency (FNA) reported on Saturday.  According to FNA, a memorandum of understanding (MOU) was signed by the deputy governors of the Central Banks of Iran and Russia on the supervision of the Central Banks over … Continue reading

Ruble-Yuan Futures Trading To Begin On Moscow’s Exchange On March 17

Ruble-Yuan futures are set to begin trading on the Moscow Exchange (MOEX) on March 17, RT reports on Thursday, citing Moscow Exchange Deputy Chairman Andrei Shemetov. According to Shemetov, the current number of tools offered on the Moscow Exchange that allow investors to hedge currency risks isn’t sufficient, hence why the exchange will  roll out the new hedging instrument as quickly … Continue reading

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