Latest News for: Russia financial

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Moscow says G7 attempts to isolate Russia make global food crisis worse

FX Empire 17 May 2022
“Attempts to divert Russia economically, financially and logistically from long-standing channels of international cooperation are only exacerbating economic and food crises,” the foreign ministry said in a statement on its website ... Before the war Ukraine and Russia combined accounted for about 29% of wheat production for the world market.
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Yellen links Russia sanctions to 1940 U.S. asset freezes aimed at Nazis

Union Leader 17 May 2022
Treasury Secretary Janet Yellen on Monday drew parallels between the financial pressure that the United States and its allies are imposing on Russia to the efforts of a 1940s Treasury secretary to deny financial resources to Nazi Germany ... Russia's war against Ukraine, she said.
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Attempts to Remove Russia From Int'l Cooperation Deepen Global Crises - Foreign Ministry

Urdu Point 17 May 2022
MOSCOW (UrduPoint News / Sputnik - 17th May, 2022) Attempts to economically, financially and logistically remove Russia from established long-term channels of international cooperation only deepen the economic and food crises, the Russian Foreign Ministry said, commenting on a statement by the G7 foreign ministers.
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Golden arches go dark as McDonald’s says goodbye to Russia after three decades 

Hong Kong Standard 17 May 2022
"It is a hit for McDonald's financially, but it shows that Western companies and brands are calculating that either they cannot do business in Russia or the costs, including reputational costs, are just too high," Paul Musgrave, a political science professor at the University of Massachusetts, said. .
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Moscow to take over Renault factory and revive Soviet-era car

Irish Independent 17 May 2022
Sergei Sobyanin, the mayor of Moscow, said in a vaguely worded statement yesterday that the Russian capital, whose annual budget stands at about €43bn this year, would reopen the city’s car plant owned by the French car maker Renault.“The foreign owner has ...
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French group ENGIE: in talks with Gazprom over changing payment scheme for Russian gas

FX Empire 17 May 2022
... for Russian gas supplies, as it also posted higher first quarter profits and raised its 2022 financial guidance ... ENGIE added that in the context of rising power prices, which have increased following Russia’s invasion of Ukraine, it was upgrading its 2022 financial guidance.
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Japan loans $100M to Ukraine amid war with Russia

Anadolu Agency 17 May 2022
... amid the ongoing war with Russia ... The loan is the first part of financial assistance of nearly $300 million agreed between Ukraine and Japan after Russia launched a war on its neighbor on Feb.
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In Ukraine, West should expect extended confrontation

Asiatimes 17 May 2022
The word Russia stems from Rus’, the term for the Varangians who ruled Kiev and its environs ... It ultimately divided between Latin and Slavonic imperial entities, with “Russia” gaining control of modern Ukraine in the late 18th century ... Russia’s confrontation with the West can be viewed as a tool of state consolidation.
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This Is No Time to Go Wobbly on Russia

Wall Street Journal 17 May 2022
... support in the form of weapons, financial aid and sanctions against Russia, Mr.
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Energy Fuels Announces Q1-2022 Results, Including Continued Robust Balance Sheet, Market-Leading U.S. Uranium Position & ...

Longview News-Journal 17 May 2022
In addition, Russia's recent invasion of Ukraine and the recent entry into the uranium market by financial entities purchasing uranium on the spot market to hold for the long-term has the potential to result in higher sustained spot and term prices and, perhaps, induce utilities ...
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Boris Johnson pledges ‘legislative solution’ to amend Brexit deal

Finger Lakes Times 17 May 2022
The EU is ready to suspend the entire trade agreement if Johnson makes good on his threats ... President Joe Biden as he seeks to maintain the pressure on Russia over the invasion of Ukraine ... have largely managed to coordinate their efforts to sanction Russia and provide weapons and financial support to the Ukrainian government ... Truss had calls with U.S.
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Ryanair warns of ‘fragile’ recovery as Ukraine war and Covid push it to loss

The Observer 16 May 2022
Ryanair has warned of a “fragile” recovery in airline passenger numbers after Russia’s invasion of Ukraine and the Omicron coronavirus variant pushed it to a €355m loss for the financial year ... Yet the company said that ticket pricing in the current financial quarter “continues to need stimulation” with lower prices to attract more customers.
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Ukraine’s president discusses need for financial support with IMF’s Georgieva

FX Empire 16 May 2022
We look forward to further fruitful joint work in maintaining financial stability of Ukraine,” ... Zelenskiy’s office said in a statement after the video conference that he had asked for financial support to be sped up for the country, which is trying to fend off Russia’s Feb.
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Ukraine's president discusses need for financial support with IMF's Georgieva

Reuters 16 May 2022
... financial stability of Ukraine," Zelenskiy wrote on Twitter. Zelenskiy's office said in a statement after the video conference that he had asked for financial support to be sped up for the country, which is trying to fend off Russia's Feb.
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EU fails to finalise embargo on Russian oil imports as Hungary vetoes proposal

The Irish Times 16 May 2022
The European Union failed to finalise an embargo on Russian oil imports on Monday as Hungary maintained its veto on a proposal intended to undermine Russia’s financial ability to wage its war ... of adequate financial compensation to persuade his country to adopt the measure.

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