Speaking to CNBC on Wednesday, after taking part in the 20th annual Russian Energy Forum in Moscow, Putin criticized the monetary policy in Washington as undermining the dollar as the world’s reserve currency. Runaway inflation and debt at home, combined with using the dollar as a sanctions instrument abroad, are …
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“It seems to me that the United States is making a very big mistake by using the dollar as a sanctions instrument… by preventing payment in dollars for the sanctioned products,” Putin told CNBC’s Hadley Gamble on Wednesday, after a panel at the Russian Energy Week. Countries facing US sanctions, like …
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According to reports, a Mercedes carrying Sobchak and two of her associates collided head-on with another vehicle on a mountain road near the ski resort suburb of Krasnaya Polyana. The crash killed at least one woman and hospitalized two others. Following reports that the celebrity quickly got into another car …
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The accident happened late on Saturday as a rented Mercedes S500 was carrying Sobchak and two of her associates from the ski resort town of Krasnaya Polyana, a key site of the 2014 Winter Olympics, to Sochi airport. Sobchak had apparently been in Sochi to host a corporate event. The …
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However, while backing competing factions in bloody fighting across the Middle Eastern nation, the conflict has paradoxically brought the two powers closer together. So close, it seems, that even NATO is worrying about it. A major breakthrough in relations between Moscow and Ankara was evident when Turkey purchased Russia’s S-400 …
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On Thursday, Rostourism said that, alongside tour operators, plans are being put together to construct a route around several areas of the country’s largest region that will allow keen Kremlin-watchers to trace Putin’s footsteps throughout a number of his most frequented bolt-holes, hunting grounds and mini-break sites. “There are a …
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According to trading data from the Intercontinental Exchange (ICE), the price of November gas futures on the Dutch TTF index started trading at almost $1,260 per thousand cubic meters on Thursday, then briefly jumped to $1,370 at 6:13am GMT and later showed a steady decline. By 8am GMT, the price …
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For some, this is evidence that President Vladimir Putin is weaponizing energy to the detriment of the rest of Europe. However, recent events and well-established agreements seem to tell another, less glamorous, story. Turning off the taps? The issue being painted as the next big Russian conspiracy is a noticeable …
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Putin explained that even if paying EU-imposed penalties was more profitable, he preferred to see the continuation of contracts with Kiev. The Russian President’s comments came as gas prices reached unprecedented levels across Europe. “Gazprom believes it would benefit more from paying a fine to Ukraine and enhancing gas transit …
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International commentary has been quick and, in the case of the US and EU, sometimes misleading. In part, that’s due to the news cycle’s demand for rapid responses. But there’s another reason as well: when it comes to the relationship between Moscow and Ankara, many observers put the cart before …
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