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Tag Archives: Russia

Boris Nemtsov Posthumously Given American Liberty Award

Boris Nemtsov, the Russian opposition leader who was tragically assassinated last year, was posthumously awarded the American Liberty Award. The Award is annually presented by the International Republican institute in Washington, D.C., Russian service of BBC reports. Nemtsov’s former colleague and Parnas party partner Vladimir Kara-Murza received the Award for …

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Rosneft President: Russia Has Most Energy Potential

Russia can potentially extract 367-508 billion barrels of oil, the President of Rosneft Igor Sechin stated at FT Commodities. “This is significantly larger than not only the U.S. but Iraq, Iran and Saudi Arabia’s oil potential,” he added. According to Sechin, Russia’s hydrocarbon potential is the largest in the world. “Thus, …

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Armenia-Russia Trade Has Shrunk by 14,3% in Seven Months 

The volume of external trade between Armenia and Russia during the January-July period constituted $653,5 million, which is 14,3% less compared to the same period of last year, News Armenia reports. It is worth noting that the trade with Russia represents 24,6% of Armenia’s total external trade.  Export from Armenia …

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Russia & China to put $15bn in high-speed railway from Moscow to Kazan

Russia expects the new route to be open in 2020, becoming a role model of Russian-Chinese transport and infrastructure cooperation, said Russian President Vladimir Putin. “We have already agreed on the parameters of joint funding for the construction of a high-speed route between Moscow and Kazan, and the amount of …

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Putin Wants to Create a Eurasian Currency

Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries. Putin has already submitted the draft law to the State Duma, reads Kremlin’s press service statement. This move would mean creating a single financial market between Russia, …

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U.S. Weighs Sanctioning Russia and China in Cyber Attacks

The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday. The officials, who spoke on condition of anonymity, said no final decision had been made on imposing sanctions, which could strain relations with …

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Gazprom’s Profit Grew by Approx. 50% in Past Six Months


Russian state oil company Gazprom’s net profit has grown by approximately 50% in the past six months, amounting to 691 billion rubles, compared to the same period of 2014. Gazprom’s impressive profit boost can be observed in its latest financial report for June 2015. The rise in Gazprom’s revenue is partly …

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Russia Banned Wikipedia

Russia is pulling the plug on Wikipedia, says TechCrunch. The Russian version of the world’s largest encyclopedia has been targeted by the country’s media watchdog because of a page on the site that reportedly made references to a type of cannabis. The watchdog, named Roskomnadzor, took issue with a page …

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