Originally appeared at RussiaFeed.com
MOSCOW (Sputnik) – The Organization of the Petroleum Exporting Countries (OPEC) has revised upwards its expectations for Russia’s crude and condensate output this year by 0.04 million barrels daily (mb/d) to amount 11.11 mb/d, the organization said Thursday in its monthly report.
This article was first published by RussiaFeed
No subject in my experience causes more misunderstanding in discussions of economies – and of the Russian economy in particular – than capital outflow.
There seems to be a well-nigh universal belief that capital inflow is a “good” and that capital outflow is “bad”, and when the subject is Russia this is taken to an extreme.
This article was first published by RussiaFeed
Originally appeared at RussiaFeed.com
MOSCOW (Sputnik) – Russia’s Emergencies Ministry is ready to assist China in dealing with the aftermath of Tuesday’s earthquake in Sichuan province that killed nearly 20 people and left over 260 injured, the ministry said in a statement on its website on Wednesday.
Originally appeared at RussiaFeed.com
KIEV (Sputnik) – The Ukrainian government made a decision on Wednesday on suspension of the intergovernmental agreement with Russia on cooperation in exports of military products to third countries, Ukrainian Prime Minister Volodymyr Groysman said.
“The decision has been made,”
Originally appeared at RussiaFeed.com
MOSCOW (Sputnik) – Reports on the possible admission of the Russian national team to the 2018 Winter Olympics in Pyeongchang, South Korea, in exchange for a $100 million fine is speculation, the International Olympic Committee (IOC) said in a statement.
Originally appeared at RussiaFeed.com
ST. PETERSBURG, (Sputnik) – Russia’s Power Machines engineering company plans to consistently increase the exports share in its revenue, company’s CEO Yuri Petrenya told Sputnik.
“In 2016 the exports share in the Power Machines’ revenue amounted to more than 53 percent and this figure will further increase,”
Originally appeared at RussiaFeed.com
PITSUNDA (Abkhazia), (Sputnik) – Russia and Abkhazia will develop closer security cooperation in the Caucasian region, Russian President Vladimir Putin said Tuesday.
Earlier in the day, Putin arrived in Abkhazia to commemorate the ninth anniversary of the conflict in South Ossetia and Abkhazia, which erupted in August 2008, and to hold negotiations with Abkhazian President Raul Khajimba.
Originally appeared at RussiaFeed.com
MOSCOW (Sputnik) – Chief of the Russian General Staff Gen. Valery Gerasimov and Chairman of the US Joint Chiefs of Staff Gen. Josef Dunford discussed in phone talks on Tuesday anti-terrorism efforts in Syria and Iraq, the Russian Defense Ministry said.
Originally appeared at RussiaFeed.com
PITSUNDA (Abkhazia), (Sputnik) – Russia intends to continue guaranteeing the security and independence of Abkhazia, Russian President Vladimir Putin said Tuesday.
