Russian officials requested the authorities should conduct negotiations with such companies as Paypal, Google, Apple, Visa, MasterCard, and several others, who interrupted their activities on the territory of Crimea, which is a subject of the Russian Federation. The companies said that they had to suspend their work in the Crimea over sanctions
The US and the European Union may disconnect Russia from the system of international payments SWIFT. Should this occur, Russia will have to take drastic measures. There will be only one step left for Russia to do - to voice a threat. Is Russia is disconnected, US ambassadors to Russia and Russian ambassadors to the USA may leave their offices
The dollar shows a steady growth with regard to other until recently stable world currencies. But is the dollar that strong? After all, the U.S. has a state debt of 18 trillion dollars and can declare a technical default at any moment. Recent rise of the Swiss franc showed that the dollar is far from being a safe haven for investors
The dollar exchange rate against the euro and is near to its multi-year lows. Does it evidence the dollar's strength? Or is it a choice among weak currencies in favour of the best of them? The Swiss National Bank has recently abandoned the cap on the Swiss franc against the euro which caused a 10% appreciation of the franc against the dollar
President Maduro of Venezuela has recently been on a visit to China where he attended the 1st Forum China-CELAC - New directions in the relations of Venezuela and China have been opened by the recent visit to Beijing of President Nicolas Maduro, which resulted in a $ 20 billion funding for economic projects.
S&P is going to revise Russia's sovereign credit rating with a "negative" outlook. The agency made the decision to revise Russia's credit in late 2014. According to the agency, the flexibility of Russia's monetary policy has been declining steadily. The "junk" rating would mean that the agencies recommend investors not to work with Russia
Manágua, the capital, and the whole country celebrate the fulfillment of a century-old yearning: the building of a work that promises to become a valuable trade and communication route, in addition to giving a major boost to the development of this nation. In December the construction works for the Grand Canal began.
Many commentators and "experts" of the international market economy see the recent crisis of the last four decades or so either in terms of "currency wars", or in terms of "non-wars", namely, that the market is normal and it simply responds to market events. The (de)valuation of a currency in the NWO of N/G is strictly related to exports
Europe's approach to the gas relations with Russia has been getting more stringent; Russia's Gazprom has been changing its attitude to investment in Europe too. The point of no return has not been passed yet, but the Y-track is clearly visible already. The decision to stop South Stream marks the beginning of the end of Gazprom's work in Europe
Russia should cut interest rates that the president indicated in his three addresses and dramatically boost the national economy. One should proceed to investments, to zero inflation and prosperity of the country. It is up to us to choose what to do - get poorer as directed by the IMF or prosper as directed by Putin
The Swiss referendum, decisively and sensibly rejected by the Swiss electorate, was not about the gold standard. It was a vote on a proposition requiring its central bank to increase its gold reserves from around 8% to 20% - implying the acquisition of 1,500 tons, never to sell gold, and to hold that federation's gold within Switzerland
Russia complied with the Third Energy Package, those companies that would participate in the South Stream are joint ventures, i.e. foreign partners also take part in it, there is no monopoly here. Moreover, we exhibited an extreme flexibility and were willing to compromise, make other participants partners on the project
The dollar and the euro hit new records on the Moscow Exchange. The fall of the ruble is connected with the collapse of world oil prices after OPEC cartel decided to preserve current oil production quotas - 30 million barrels a day. OPEC's decision not to reduce quotas for the extraction of hydrocarbons will stay in effect before June 2015