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Politics Dmitry Medvedev

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  • The ruble was trading at 71.04 to the dollar at the close of trading in Moscow, its lowest level since Jan. 30, when Russian markets were hit by a combination of low energy prices and Western sanctions. The U.S. oil contract on Friday dropped below $40 per barrel for the first time since 2009 and on Monday was down another $1.23 a barrel at $39.22. Speaking to reporters...

  • ITURUP ISLAND, Aug 22- Russia's Prime Minister Dmitry Medvedev said on Saturday that the government and central bank were preparing measures to boost foreign currency sales in response to the weakening rouble. His comments suggest Russia is again putting pressure on major exporters to help buttress the rouble by selling more of their foreign currency, a...

  • ITURUP ISLAND, Aug 22- Russia's Prime Minister Dmitry Medvedev said on Saturday that the government and central bank are preparing measures to boost foreign currency sales in response to the weakening rouble. "Naturally we- I mean the government- will help the central bank in the sense of additional foreign currency inflows," Medvedev said.

  • MOSCOW, Aug 20- A little-known transport official from Vladimir Putin's hometown will replace a demoted ally of the president as the head of Russian Railways, completing a rare shakeup in the Kremlin circle of political and economic power. Deputy Transport Minister Oleg Belozerov was named on Thursday as the new boss of one of Russia's biggest and most...

  • MOSCOW, Aug 20- Deputy Transport Minister Oleg Belozerov was named on Thursday to head Russia's vast railway monopoly, a dramatic promotion for the 45- year-old from the president's hometown of St Petersburg. Employing almost one million people and managing over 85,000 km of tracks, Russian Railways is the third largest rail network in the world.

  • MOSCOW, Aug 20- Russian Deputy Transport Minister Oleg Belozerov has been named the new head of Russia's state railway monopoly, ITAR-TASS news agency reported on Thursday, citing Prime Minister Dmitry Medvedev. "I have decided to appoint you as the head of the Russian Railways whilst simultaneously releasing you from the post of deputy minister of transport...

  • MOSCOW, July 10- Moscow is just an observer on Greece's debt crisis but wants the euro to trade normally because part of Russia's foreign exchange reserves is denominated in euros, Prime Minister Dmitry Medvedev said on Friday. He again signalled that Moscow had not offered to help bail Greece out, according to Russian news agency reports. As of the end of last week,...

  • MOSCOW, June 25- Russian Prime Minister Dmitry Medvedev said on Thursday a list of banned products from Western countries could be changed according to the state of relations with the European Union and other countries. Medvedev told a government meeting he had approved an order by President Vladimir Putin to extend a ban on food imports from the West by one...

  • MOSCOW, June 22- Russia plans to extend a ban on Western food imports for six months starting from early August and may add new products to the list, in retaliation to extended European sanctions against Moscow, officials said on Monday. European Union foreign ministers extended economic sanctions against Russia until Jan. 31 on Monday, keeping up pressure on...

  • ST PETERSBURG, Russia, June 18- A former finance minister proposed on Thursday bringing forward the next presidential election to give his ally, Vladimir Putin, a stronger mandate to reform the economy and guide Russia through a financial "storm." Russia is sliding into recession, with economic sanctions imposed by the West over Moscow's role in the Ukraine...

  • BURABAI, Kazakhstan, May 29- The Eurasian Economic Union signed a free trade agreement with Vietnam on Friday, the first such deal struck by the Moscow- led body with a third party as it seeks to boost its presence on Asian markets. The EEU, which includes Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan, was launched in January to promote trade and economic...

  • MOSCOW, May 23- Russia would adopt a tough position if Ukraine decided not to pay off debts owed to Moscow by its previous government, Russian Prime Minister Dmitry Medvedev said in an interview broadcast by Russian TV on Saturday. Russia has spoken out against a new Ukrainian law allowing a moratorium on foreign debt repayments, threatening to take Ukraine to...

  • MOSCOW, May 23- Russia would adopt a tough position if Ukraine decided not to pay off debts owed by its previous government, Russian Prime Minister Dmitry Medvedev said in an interview broadcast by Russian TV on Saturday. "If it is actually formulated in this way this would undoubtedly be a default of Ukraine... We would adopt as tough a position as possible in this...

  • *Putin says new law paves way for Ukraine default. MOSCOW, May 20- Russia on Wednesday demanded the timely repayment of all debts owed to it by Ukraine and accused Kiev of effectively preparing the way for default with a new law. Moscow, whose relations with Kiev have been wrecked by a year-long conflict in eastern Ukraine, has declined to join the debt restructuring...

  • The reading was broadly in line with estimates given by Prime Minister Dmitry Medvedev and officials from the Economy Ministry over the past month, although some analysts said the figure was better than expected. Russia's economy has slowed sharply since early last year because of Western sanctions over the Ukraine crisis and a sharp slide in global prices...

  • Russian GDP falls 1.9 pct y/y in Q1 - stats service Friday, 15 May 2015 | 9:00 AM ET

    MOSCOW, May 15- The Russian economy contracted by 1.9 percent in the first quarter in year-on-year terms, the statistics service said on Friday, citing preliminary data. The reading was broadly in line with estimates given by Prime Minister Dmitry Medvedev and officials from the Economy Ministry over the past month. Russia's economy has slowed sharply since...

  • ST PETERSBURG, Russia, April 27- President Vladimir Putin accused some of Russia's "quasi-partners" on Monday of counting on the country's collapse by cutting its banks off from the global financial system at a time when oil prices had plunged. Speaking in Russia's second city of St Petersburg, Putin said they had been proved wrong and the economy had easily...

  • Russia wants predictable rouble rate - PM Medvedev Tuesday, 21 Apr 2015 | 6:37 AM ET

    MOSCOW, April 21- Russia wants a predictable rouble exchange rate without excess weakening or strengthening of the currency, Prime Minister Dmitry Medvedev told parliament on Tuesday. "Our currency is strengthening now, which is not bad for a number of sectors of the economy. But that also lowers our exporting capabilities to some extent, so we are interested in...

  • MOSCOW, April 21- Prime Minister Dmitry Medvedev said on Tuesday Russia was suffering significant economic problems because of international sanctions, but the situation could have been much worse and Russia was adapting. Referring to Western sanctions imposed last year because of Russia's actions in Ukraine, Medvedev told parliament: "Losses from the...

  • Russian defence industry grows despite sanctions - PM Tuesday, 21 Apr 2015 | 6:17 AM ET

    MOSCOW, April 21- Russian state defence orders topped 1.9 trillion roubles in 2014, helping the defence industry grow despite Western sanctions over the Ukraine crisis, Prime Minister Dmitry Medvedev said on Tuesday. Medvedev told the lower house of parliament that Russia had sold $15 billion worth of military equipment abroad last year- some 3.2 percent of...