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Russia's currency whacked as new sanctions loom
Russia's currency has hit its lowest level ever against the U.S. dollar as the risk of new Western sanctions threatens more economic damage.
Mon, 01 Sep 2014 06:24:07 -0700

Russia starts work on Gazprom gas pipeline to China
President Vladimir Putin on Monday presided over the start of construction work on a pipeline which is planned to ship 38 billion cubic metres (bcm) a year of Russian gas to China, ramping up from 2019. The 4,000 km Gazprom "Power of Siberia" pipeline is a key part of the Kremlin's energy strategy, symbolising Russia's attempts to wean itself off dependence on European markets that account for ...
Mon, 01 Sep 2014 06:15:42 -0700

Russia, Ukraine agree on gas talks on Sept 6, await EU decision
Russia's Energy Minister Alexander Novak said on Monday that Moscow and Kiev have agreed to hold a new round of talks to resolve a gas crisis on Sept. 6. "I put 80 percent (of possibility) that the meeting will happen," Novak told reporters, adding that Russia and Ukraine are now awaiting the European Commission's decision on whether their representative would join the talks. After talks with ...
Mon, 01 Sep 2014 06:06:25 -0700

China opposes proposed EU sanctions against Russia
China opposed additional sanctions against Russia on Monday over accusations Moscow was sending troops into Ukrainian territory, saying the European Union's push to draw up more measures would only complicate the crisis. The European Union on Sunday threatened Russia with new trade sanctions, but sharp divisions among leaders at a summit in Brussels left the timing of any measures uncertain. "A ...
Mon, 01 Sep 2014 02:14:15 -0700

Russia Said to Plan Sovereign Fund Move Over Sanctions
Russia is preparing to transfer the ownership of a $10 billion sovereign wealth fund to the central bank from the sanctioned state-development lender, according to two people with knowledge of the plan.
Mon, 01 Sep 2014 03:17:45 -0700

Russia urges 'immediate ceasefire' in Ukraine
Russian foreign minister says peace talks should be devoted to agreeing on an immediate ceasefire without conditions.
Mon, 01 Sep 2014 00:25:04 -0700

Russia 'attacks east Ukraine airfield,' officials say
Ukrainian military officials accuse Russia of attacking their airfields as the battle for control of the eastern part of the country intensifies.
Mon, 01 Sep 2014 03:49:03 -0700

Russia Will Protect Its Economy Against New Sanctions: Lavrov
Russia will act to protect its interests if the West imposes a new wave of sanctions, the country's foreign minister said Monday, according to media reports.
Mon, 01 Sep 2014 03:28:03 -0700

EU Vows More Russia Sanctions If Ukraine Conflict Worsens
European Union governments agreed to impose tougher sanctions on Russia, possibly targeting its energy and finance industries, if the conflict in Ukraine which already left thousands dead worsens. Leaders in the 28-member bloc gave the European Commission a week to deliver proposals for the penalties. The EU left open the precise trigger for further sanctions, contrasting with a four-point ...
Sun, 31 Aug 2014 09:27:26 -0700

EU threatens Russia with more sanctions
BRUSSELS (AP) — Despite tough rhetoric decrying Russia's increasing military involvement in Ukraine, European Union leaders on Sunday stopped short of imposing new sanctions against Moscow right away.
Sat, 30 Aug 2014 17:25:17 -0700

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