Global oilfield servicing giants have revealed plans to halt new investments in Russia as they respond to US sanctions over the country’s military operation in Ukraine. American-Irish Weatherford International has become the latest such company to bow to the quitting trend. “Following the implementation of sanctions on February 24, 2022, …
Read More »Russia blocks foreign investments from leaving the country
Russia is temporarily halting the exit of foreign investments from the country, Prime Minister Mikhail Mishustin announced on Tuesday. The move comes in response to Russian capital being frozen abroad by the US, EU and their allies. “We hope that those who have invested in our country will be able to …
Read More »Federal Reserve bans stock trading, other investments for top officials after controversies
The US’ central bank released a statement on Thursday, detailing the broad new rules, which limit senior Federal Reserve officials to “purchasing diversified investment vehicles, like mutual funds.” This will mean top officials cannot hold individual bonds or stocks in public companies. New regulations also require that permitted investments, like …
Read More »India in talks with Russia over investments in Russian oil and gas assets – sources
According to the paper, the Russian government has offered several oil and gas fields to India’s natural resources exploration firm ONGC Videsh and to any potential consortium it may form for the project. “This will be for exploring and producing oil and gas in Russia. While the project and scope …
Read More »Indian economy to grow by 12% in 2021 as private consumption & non-residential investments pick up – Moody’s
However, the US-based agency has warned that a second wave of Covid-19 infections still poses a major risk to the recovery of Asia’s third-largest economy. According to the outlook, herd immunity against Covid-19 is unlikely to be reached before the end of 2022. “India’s near-term prospects have turned more favorable …
Read More »Investments in Ukraine’s economy collapsed by 35%
The decline in investment was recorded in all sectors, with the exception of the sphere of Information and telecommunications, where the growth amounted to 8.7%. Capital investments in the Ukrainian economy in the first quarter of 2020 amounted to 76.9 billion UAH. This is 35.5% less compared to the same …
Read More »Wood, rushing down, made a pointless ruble investments
The dollar jumped under 75 rubles, the Euro by eleven rubles above. This is not the limit. Most likely, the situation will not become better in the near future. Many economists vying promise a difficult period in the near future. The reason for this sad situation, as everyone already knows, …
Read More »The development of capacities for methanol production will justify huge investments in the Arctic
The program of development of the Northern sea route until 2024, implemented by the Russian government on behalf of the President, causes considerable resonance, including audible and negative evaluations of, say, an astronomical amount of investment does not pay off. However, the payload of the Northern sea route, which does …
Read More »Investments in unprofitable enterprises have not given effect
Today the President held a meeting on the implementation of the most problematic investment projects. Previously, Alexander Lukashenko instructed to consider in detail the problematic issues in the field and in the government, and under the personal responsibility of officials to develop system solutions for the effective development of enterprises, …
Read More »Russia increased investments in US government bonds by 622 million dollars
Russia in October this year increased its investments in government securities U.S. 622 million to $ 10,697 billion, according to data from the U.S. Treasury. Of this amount 8,127 billion dollars account for short-term securities and 2,570 billion to long – term. Russia is not included in the thirty …
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