Russia Barred from Future Projects of FATF
Russia is now banned from participating in any future project of the Financial Action Task Force (FATF), the global terrorism financing and money laundering watchdog....
Tag : Russia
European Gas Prices Plunge on EU Commission Plan for ‘Dynamic’ Price Cap
On Monday, benchmark prices for natural gas in Europe declined to their lowest in three months amid reports of a new plan in Brussels to...
Nissan Incur $687 Million Loss as Sells Russian Business for 1 Euro
On Tuesday, Nissan Motor Co Ltd said it would hand over its business in Russia to a state-owned entity for 1 euro (USD 0.97), incurring...
Toyota Motor to Close Its Plant in Russia
Russia’s Ministry of Industry and Trade has cleared that Japan’s Toyota Motor (NYSE:TM) Corp has decided to close its plant in Russia. In March, Toyota...
Russia Considers $50 Billion Hike in Taxes on Oil, Gas in 2023-2025
Russia is considering increasing taxes on the oil and gas sector to 3 trillion roubles (USD 50 billion) in 2023-2025, mainly to plug the budget...
Key Rate in Russia Lowered to 7.5%
According to analysts’ predictions, Russia’s central bank reduced its benchmark interest rate by 50 basis points to 7.5 per cent on Friday while warning of...
To Resolve Refinery Crisis, Germany Seizes Rosneft’s Oil Assets from Russia
The Russian oil company Rosneft’s local activities will be taken over by the German government, further dividing the two nations due to Russia’s invasion of...
Russia Spends $300 Million to Secretly Impact World Politics, Says US
Russia has stealthily spent $300 million plus since 2014 trying to impact politicians and other officials exceeding two dozen countries, the State Department alleged. State...
Russia Temporarily Halts Gas Flow Through Nord Stream 1
Gazprom suspended the flow of natural gas through its main pipeline from Russia to Europe earlier on Wednesday, a temporary move announced in advance. The...
Former Soviet President Mikhail Gorbachev, Who Ended Cold War, Dies at 91
Mikhail Gorbachev, known for ending the Cold War, has died in Moscow aged 91. On Tuesday, his death was announced by Russian news agencies. Media...
