News
UK bans exports of aviation, space technology to Russia, says Foreign Office
This means cover is withdrawn on existing policies and UK insurers and reinsurers will be unable to pay claims in respect of existing policies in these sectors.
Sberbank will meet customers’ needs in foreign currency under regulator’s temporary rules
From March 9, the Bank of Russia introduces temporary rules for operations with cash currency for a period of 6 months.
Russian grain export can drop by 16% to 35 mln tonnes — expert
According to the latest data, Russia already exported 23 mln tonnes of wheat.
Kremlin not considering nationalization of foreign companies’ property in Russia
Earlier, Dmitry Medvedev did not rule out the nationalization of the property of people registered in the US, the EU, and other unfriendly jurisdictions amid new sanctions against Moscow.
Severstal suspends supplies of products to Europe over sanctions
Products may be redirected to the Middle Eastern, Asian and South American markets.
Japanese shareholders of Sakhalin-2 to discuss Shell’s decision to exit project
On February 28, Royal Dutch Shell announced that it would withdraw from all joint projects with Russia because of developments in Ukraine.
Sanctions against Russian energy sector can destabilize global markets — White House
That doesn't mean that they are off the table, Jen Psaki noted.
Bank of Russia increases key rate by 10.5 pp to 20%
External conditions for the Russian economy have drastically changed, the regulator noted.
Airport operations to remain suspended in southern Russia until March 2 — federal agency
Earlier, the agency reported that the operations of 12 airports in the southern cities of Russia were temporarily suspended.
Russia’s Central Bank Offers Liquidity Lifeline to Banks as Markets Crash
Russia’s Central Bank on Tuesday loosened its capital requirements for Russian financial institutions amid extreme market volatility following Moscow’s decision to recognize separatist regions in Eastern Ukraine.