Russia’s Feb oil output rises, trading paralysed by sanctions
– Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax …
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Credit rating agency Scope downgrades Russia’s sovereign debt rating to ‘BB+’
– Credit rating agency Scope cut Russia’s sovereign debt ratings to BB+ on Tuesday and placed them under review for further downgrade, citing “severe strengthening” …
Exxon Mobil to discontinue operations at Russia’s Sakhalin-1
– Exxon Mobil Corp said on Tuesday it is starting a process to discontinue operations and developing steps to exit the Sakhalin-1 venture in Russia. …
Entities from ‘unfriendly countries’ will need Russia’s permission for certain deals
MOSCOW – Deals with securities or real estate, or provision of rouble loans involving entities from countries unfriendly to Russia will require special authorisation from …
Moody’s warns Russia’s debt payments ban adds to downgrade risk
LONDON – Credit rating agency Moody’s warned on Tuesday that Russia’s move to ban the servicing of newly-issued foreign-currency debt in the wake of stiff …
Russia’s Gazprom Jan-Feb gas exports down by third y/y
MOSCOW – Russian energy giant Gazprom said on Tuesday that natural gas exports outside ex-Soviet Union countries fell by 32.6% year-on-year in January – February …
Putin Places Russia’s Nuclear Arsenal On High Alert
Russian President Vladimir Putin announced Sunday that Russian nuclear forces would be placed on high alert in response to Western economic sanctions, marking an escalation …
Russia’s market rout in four charts
LONDON – Havoc erupted on Russian financial markets on Monday after Western powers ramped up sanctions on the country, including cutting some of its banks …
Russian warships curb tilts Turkey to West, risks Russia’s ire
By Tuvan Gumrukcu and Jonathan Spicer ANKARA – Turkey’s pledge to block some Russian warships from passing through its waters to the Black Sea during …
Factbox-EU sanctions target Russia’s economy, elites and Putin himself
– The European Union has imposed several packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”, with some measures …
Daimler Truck suspends all cooperation with Russia’s Kamaz -Handelsblatt
MOSCOW – Daimler Truck has suspended all cooperation with Russia’s largest truckmaker Kamaz, Germany’s Handelsblatt daily reported on Monday, in the face of severe criticism …
Russia’s VTB to hike mortgage rates by four percentage points to 15.3%
MOSCOW – Russia’s No. 2 lender VTB will hike mortgage rates by four percentgae points to 15.3% from Feb. 28, it said on Sunday, with …
Russia’s Belarus talks plan is ‘propaganda’, Ukraine official says
-Ukraine wants only “real” negotiations with Russia over its military offensive, without ultimatums, an adviser to President Volodymyr Zelenskiy told Reuters on Sunday, calling Moscow’s …
Factbox: EU sanctions target Russia’s economy, elites and Putin himself
– The European Union has imposed two packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”. Further sanctions, including …
Italy’s Draghi supports Russia’s disconnection from SWIFT -Zelenskiy
– Ukrainian President Volodymyr Zelenskiy said on Saturday Italian Prime Minister Mario Draghi had supported Russia’s disconnection from the global SWIFT payment system in a …
West moves closer to cutting Russia’s SWIFT access, says Lithuania
VILNIUS – Western partners are moving closer to halting Russia’s access to the SWIFT global interbank payments system, Lithuanian Prime Minister Ingrida Simonyte said on …
S&P lowers Russia’s foreign currency rating to ‘BB+’
– Rating agency S&P said on Friday it lowered Russia’s long-term foreign currency sovereign credit ratings to ‘BB+/B’ from ‘BBB-/A-3’ and local currency ratings to …
Canada imposes sanctions on Russia’s Putin -PM Trudeau
– Canada is imposing sanctions on Russian President Vladimir Putin and Foreign Minister Sergei Lavrov, Prime Minister Justin Trudeau said on Friday. Canada will also …
China says it respects Ukraine’s sovereignty and Russia’s security concerns
WASHINGTON – Chinese Foreign Minister Wang Yi told senior European officials on Friday that China respects countries’ sovereignty, including Ukraine’s, but that Russia’s concerns about …
These Are Russia’s Cyber-Warfare Units That Wreak Havoc
Russian cyberwarfare capabilities unleashed during the invasion of Ukraine have been seen as a part of information warfare. Multiple agencies, including the GRU, SVR and …
OECD ends Russia’s accession process and to close OECD Moscow office
PARIS – The secretary-general of the Organisation for Economic Co-operation & Development (OECD) said on Friday the OECD had decided to end Russia’s process of …
Delta Air suspends codesharing service with Russia’s Aeroflot
– U.S. carrier Delta Air Lines Inc said on Friday it had suspended its codesharing service with Russia’s Aeroflot. (Reporting by Abhijith Ganapavaram in Bengaluru; …
S&P Global warns of rating downgrades after Russia’s Ukraine invasion
LONDON – Russia’s invasion of Ukraine could cause a spate of credit rating downgrades S&P Global said on Friday, warning the global economy, and Europe …
Investors rush to money market funds in days before Russia’s Ukraine invasion
– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 …
Russia’s invasion of Ukraine may pressure light-vehicle sales growth – data
– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC …
OPEC+ deal seen on track despite Russia’s Ukraine invasion -sources
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar MOSCOW/LONDON – A deal among OPEC+ oil producers including Russia is showing no cracks so far after …
U.S. Chamber rebukes Russia’s invasions, reinforces business community’s support of ‘swift’ response
By Katanga Johnson WASHINGTON – The head of the U.S. Chamber of Commerce joined a chorus of outrage against Moscow’s operation to “demilitarize” its neighbor …
Russia’s VTB asks corporate clients to stay away from forex transactions, Ifax says
MOSCOW – Russian state bank VTB, the country’s second biggest bank, Russia’s no.2 bank, asked its corporate clients to refrain from transactions in U.S. dollars …
POLL: Americans Fear China’s Influence Over Russia’s
POLL: Americans Fear China’s Influence Over Russia’s Sebastian Hughes on February 23, 2022 More Americans fear the influence of China in the world than Russia, …
Biden says U.S. to impose sanctions on company building Russia’s Nord Stream 2 pipeline
– U.S. President Joe Biden said on Wednesday his administration will impose sanctions on Nord Stream 2 AG, the company in charge of building Russia’s …
As sanctions start, Russia’s trade flow shifting towards China
By David Lawder and Jason Lange WASHINGTON – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates …
Russia’s Sberbank and VTB would face sanctions if invasion proceeds, U.S. official says
WASHINGTON – Russia’s Sberbank and VTB would face American sanctions if Moscow proceeds with its invasion of Ukraine, a senior U.S. administration official told reporters …
Russia’s Urals oil at biggest discount to benchmark for 2 years, traders say
MOSCOW – Russia’s flagship Urals oil grade is trading at the biggest discount to global benchmark Brent since spring 2020, hit by rising tensions between …
Russia’s Gazpromtrans stops taking orders to ship LPG to Ukraine – document
MOSCOW – Gazpromtrans, the subsidiary of Russia’s gas monopoly Gazprom in charge of rail shipments, stopped taking orders to transport liquefied petroleum gas (LPG) to …
Russia’s Putin pledges uninterrupted gas supplies as sanctions loom
By Katya Golubkova and Oksana Kobzeva MOSCOW – Russia will continue uninterrupted natural gas supplies to world markets, President Vladimir Putin pledged on Tuesday, after …
Russia’s energy minister deems oil price of $55-70/bbl as ‘optimal’
MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on …
Nord Stream 2: Russia’s battle to boost gas supply to Germany
– German Chancellor Olaf Scholz halted certification of the Nord Stream 2 gas pipeline designed to boost Russian gas supply to Germany on Tuesday after …
Russia’s Yamal-Europe gas pipeline flows east as Ukraine crisis escalates
By Katya Golubkova MOSCOW – Natural gas flowed east in reverse mode through the Yamal-Europe pipeline on Tuesday, while President Vladimir Putin pledged Russia would …
Russia’s move against Ukraine makes 2022 euro zone growth more uncertain -Commission
BRUSSELS – Russia’s recognition of the independence of Ukraine’s two breakaway regions makes the European Commission’s already reduced euro zone growth forecast for 2022 even …
Harris Threatens ‘Severe Consequences’ If Russia’s ‘Aggressive Action’ Continues
Vice President Kamala Harris warned there would be “severe consequences” for Russia if the nation continues its “aggressive action” related to the Ukraine crisis, CNN …
Russia’s Lukoil spends $1.5 billion to raise stake in Azeri gas project
MOSCOW – Russia’s second-largest oil producer Lukoil has closed a deal to buy a 9.99% stake in Azerbaijan’s Shah Deniz natural gas project from Malaysian …