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March, Saturday



Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Economy

Yen Rise Undesirable for Japanese Economy

Japanese Economics Minister Banri Kaieda said on Tuesday that the yen's rapid rise is undesirable

12 October 2010 , 12:24Reuters14170

ECB Leaves Refi Rate Unchanged

The European Central Bank's Governing Council decided at its monthly monetary policy meeting Thursday to leave its key interest rate unchanged, the ECB announced

08 October 2010 , 09:48iMarketNews12210

Yen Hits 15-Year High Against Dollar

The Japanese yen hit a new 15-year high against the US dollar today as prime minister Naoto Kan hinted at further currency intervention

07 October 2010 , 19:33Investment Week12780

Ireland’s economic outlook worsens

Ireland’s economic outlook worsened on Monday as the country’s central bank cut its growth forecast for this year, with gross domestic product now set to increase 0.2 per cent against previous forecasts of 0.8 per cent.

07 October 2010 , 18:24Financial Times15530

Yanukovych looks for partners for Ukraine beyond EU

Ukraine will push for reforms that would allow it to join the European Union, but will also develop cooperation with other world powers, including Russia and the United States, Ukrainian President Viktor Yanukovych said on Friday.

01 October 2010 , 14:10RIA Novosti12740

Russian government introduces 2011 draft budget to parliament

The Russian Government on Thursday introduced a federal draft budget for 2011 and the planning period 2012 - 2013 for consideration by the Russian State Duma.

01 October 2010 , 14:03RIA Novosti19430

Ukraine to have Europe's lowest taxes - PM

Ukraine will have the lowest taxes in Europe after a new tax code is adopted, Prime Minister Mykola Azarov said on Friday.

06 September 2010 , 17:06RIA novosti15830

Oil at $85 By The End Of The Year: Pickens

Billionaire energy investor T. Boone Pickens expects oil—currently priced over $71—to reach $85 by the end of the year.

26 August 2010 , 12:42CNBC News14440

Russian Energy Ministry To Submit Amendments to Government Program on APG Projects in Yamal

 In the third quarter of 2010, the Russian Energy Ministry will submit a program on developing subsoil wealth on the Yamal peninsula which will include privileges for a project to produce liquified natural gas - the Yamal LNG project, Russian Energy Minister Sergey Shmatko told journalists in Moscow.

23 August 2010 , 13:36Oil and Gas Eurasia17140

Putin discusses energy cooperation in Iraq with Crescent Petroleum

 Russian Prime Minister Vladimir Putin has discussed energy cooperation in the Middle East with Chairman of the Board of Directors at oil company Crescent Petroleum Hamid Jafar, the Russian government's press service said on Saturday.

23 August 2010 , 13:27RIA Novosti16170

Medvedev suggests reviving Soviet-era projects in Afghanistan

Russian President Dmitry Medvedev proposed on Wednesday breathing new life into bilateral economic projects in Afghanistan, Pakistan and Tajikistan launched during the Soviet era.

19 August 2010 , 12:58RIA Novosti16440

Russia to hold tender for purchase of helicopter carrier - paper

The Russian Defense Ministry will hold a tender on the purchase of a helicopter carrier, having backed out of negotiations to buy the Mistral-class helicopter carrier from France, a Russian business daily said on Thursday.

19 August 2010 , 12:50RIA Novosti12180

EBRD To Study APG Flaring in Azerbaijan, Central Asia

The European Bank for Reconstruction and Development (EBRD) is beginning a study of flaring associated petroleum gas (APG) in Russia, Kazakhstan, Turkmenistan and Azerbaijan, reports.

19 August 2010 , 12:45Oil and Gas Eurasia17620

Russian energy minister expects deal with Exxon over Sakhalin-1 budget

 The Russian Energy Ministry expects a deal to be struck soon with Exxon Neftegas on a budget for the Sakhalin-1 oil and gas project, Energy Minister Sergei Shmatko said on Tuesday.

18 August 2010 , 10:44RIA Novosti15210

Russian Crude Export Duties Set To rise $9.70 On September 1

Russia's export duty for crude could rise $9.70 to $273.50 per ton beginning on September 1, up from the current $263.80, while the duty on crude produced in East Siberia could rise $6.70 to $87 per ton, the Oil and Gas Information Agency reports based on the average price of crude according to monitoring reports by the Energy Ministry.

17 August 2010 , 11:18Oil and Gas Eurasia11490

Ukraine could avoid grain export quotas - govt

Ukraine could avoid imposing quotas on grain exports, despite a drought that has shrunk this year’s crop, Deputy Prime Minister Serhiy Tihipko said on Wednesday.

12 August 2010 , 11:59RIA Novosti10060

EU interested in boosting frog imports from Georgia

The European Union is interested in developing imports of frogs from Georgia, the country's agriculture minister said on Tuesday.

11 August 2010 , 10:33RIA Novosti16880

'Peak Oil' Theory Advocate Matt Simmons Dies

Matt Simmons, a prominent oil investor who argued the world was rapidly approaching peak oil production capacity, died suddenly on Sunday of an apparent heart attack at his home in North Haven, Maine.

10 August 2010 , 15:41CNBC News10660

Senate Democrats seek to end Big Oil tax break

Senate Democrats on Thursday proposed repealing a tax break for some major oil companies, including BP Plc, effective December 31.

06 August 2010 , 13:14Reuters12300

Foreign direct investment in Russia hits $21 bln in 1H10 (update 1)

Foreign direct investment in Russia's economy in the first half of the year reached $21 billion, Prime Minister Vladimir Putin said on Wednesday.

05 August 2010 , 10:38RIA Novosti15420

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