LONDON (AP) — Russian President Vladimir Putin's government must pay $50 billion for using tax claims to destroy Yukos, once the country's largest oil producer, and its Kremlin-critical CEO, an international court has ruled.
The United States has found that Russia violated a 1987 arms control treaty by testing a ground-launched cruise missile, a senior US official said late Monday, calling the matter "very serious." The announcement adds a new dispute at a time of already heightened tensions between Washington and the Kremlin over the crisis in Ukraine, with western countries accusing Russia of arming Ukrainian ...
The EU is expected to take the plunge Tuesday and impose tougher sanctions on Russia over Ukraine, but the measures could hit its own struggling economy -- especially should Moscow reply in kind. "It is clear that there is a risk of Russian reprisals," one EU diplomat said, noting that Moscow has repeatedly used trade embargoes to put pressure on former communist states such as Moldova or ...
London (AFP) - An international court ordered Russia on Monday to pay Yukos shareholders a record $50 billion compensation over its seizure of the defunct oil giant, a new blow for Moscow on top of sanctions over the Ukraine crisis.
WASHINGTON (AP) — In an escalation of tensions, the Obama administration accused Russia on Monday of conducting tests in violation of a 1987 nuclear missile treaty, calling the breach "a very serious matter" and going public with allegations that have simmered for some time.
Something about Russia makes a lot of otherwise intelligent, honest, and capable people say really silly things. One of the most annoying of these habits is the tendency to equate Russia with countries in sub-Saharan Africa. Among certain Western commentators, you will often hear that Russia is "Burkina Faso with [...]
The United States accused Russia on Monday of violating the 1987 Intermediate-Range Nuclear Forces Treaty, citing cruise missile tests that date to 2008, senior State Department and White House officials said.
LONDON (AP) - Russia was ordered Monday to pay more than $50 billion for expropriating what was once the country's largest oil producer, Yukos, in a court ruling that adds economic and diplomatic pressure on the country at a time of increasing isolation.
Russia has remained stoic about the threat of tighter Western sanctions over the Ukraine crisis, but analysts are concerned that the uncertainty they generate could alone choke off growth. The downing of a Malaysian passenger airliner over eastern Ukraine on July 17, which was carrying mostly Dutch passengers, has hardened Western resolve to impose tighter sanctions against Russia. Western ...
LONDON (AP) — An international court on Monday ordered Russia to pay over $50 billion in compensation to the former majority shareholder of now-defunct Russian oil company Yukos over the expropriation of the company more than 10 years ago.