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Tag Archives: Russia

Germany will Build Energy Terminal to Reduce Dependence on Russia

‘We cannot suspend cooperation with Russia in the field of oil and gas”, Chancellor of Germany Angela Merkel noted at her meeting with Georgian Students at Tbilisi State University. Today, Russia supplies cheaper natural gas compared to other countries, Merkel said. “We keep economic relations with Russia for tens of …

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Landmark Caspian Sea Deal Signed by five Nations

Turkmenistan, Russia, Azerbaijan, Iran, Kazakhstan, agreed in principle on Sunday how to divide up the potentially huge oil and gas resources of the Caspian Sea, paving way for more energy exploration and pipeline projects. However, the delimitation of the seabed – which has caused most disputes – will require additional …

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Impact of Russian Foreign Policy on the Conflict of South China Sea

Megi Qavtaradze

Conflict in South China Sea is an example as to how confrontation that commenced at the regional level became a global problem and the “hot point” for global problem and confrontation for big and powerful states. In 2014-2015, conflict between China and Vietnam made apparent the significance of the region, …

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Russia’s “Google” Yandex – Soon to become Russia’s Amazon

Michael Levin

Yandex, popularly known as Russia’s Google, is working on its own online shopping service that might help it become Russia’s Amazon. Yandex is Russia’s biggest tech firm, and best known for creating the country’s most popular search engine. The firm says it has 50 million monthly users — an impressive …

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Russia, Turkey Negotiate Contracts Worth $820Mln

Russia, Turkey Negotiate Contracts Worth $820Mln

Russian Deputy Industry and Trade Minister Georgy Kalamanov said Russian and Turkish businesses have made preliminary agreements on contracts that together are worth approximately $820 million within the framework of the 86th Izmir International Fair, Sputnik reported. Russian and Turkish businesses have made preliminary agreements on contracts that together are …

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Russia Remains Georgia’s Major Exports Market

Russia Remains Georgia's Major Exports Market

Russia remains Georgia’s major exports market. According to January-July indicators, Georgia exported 214.8mln USD products to Russian Federation, that is 14.8% in total exports (1.446bln USD). Georgia exported ferroalloys (80.1mln USD in January-July), wines (48.36mln USD), waters (25.98mln USD), spirits (11.3mln USD) and motorcars (7.6mln USD). All the mentioned groups …

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Russia Ranks First in Terms of Money Transfers to Georgia

Russia Ranks First in Terms of Money Transfers to Georgia

The month of June recorded an upturn in money transfers to Georgia. Total money transfers constituted 117.7 million USD (+2% m.m; +27%Y.Y), including 33.5% was remitted from Russian Federation. Ratio of top 5 major donor countries with more than 10 million USD transfers exceeded 70%. Million USD Russia 39.443 USA …

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Russia Is the Biggest Loser in G-20 Stock Markets

Russia Is the Biggest Loser in G-20 Stock Markets

When it comes to stock market performance this year, there’s no uniting the U.S. and Russia. The S&P 500 and the Micex began the year at almost the same level, but equities in the former Soviet nation have tumbled amid losses in crude and evaporating optimism over the lifting of sanctions …

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