Russia's Prime Minister Dmitry Medvedev tells CNBC that ties with the U.S. have been damaged by "destructive" and "stupid" sanctions.» Read More
*Russia languishes near bottom of air safety league. *Russia lacks systematic approach to safety- pilot. Numerous official investigations and a crackdown in recent years have done nothing to raise Russia from near the bottom of the global league, largely due to weak regulation and the effects of sky-high alcohol consumption.
*Oil price plunge could cost Russia $65- 75 bln. MOSCOW, Oct 16- A steep plunge in the rouble, caused by sanctions over the Ukraine crisis and falling oil prices, has underlined Russia's heavy dependence on Western finance to balance its dollar-thirsty economy. For all President Vladimir Putin's anti-Western bravado and talk of shifting Russia's economic ties to...
MOSCOW, Oct 13- Russia and China signed energy, finance and trade deals on Monday hailed by Moscow as evidence a policy turn towards Asia will help it weather Western sanctions imposed over the Ukraine crisis. The agreements, signed during a visit to Moscow by Chinese Premier Li Keqiang, built on moves by President Vladimir Putin to look east for business and...
MOSCOW, Sep 19- Russian shares got a short-lived boost on Friday afternoon after a well-known tycoon was freed from house arrest, but the market optimism faded, leaving indexes well into the red. But he will have to stay in Russia to face money laundering charges.
SOCHI, Russia, Sept 19- Prime Minister Dmitry Medvedev said on Friday that Russia would not isolate its sanctions-hit economy from the West but said improving relations with Asian countries has become a key strategy.
The Yamal plan, a $27 billion investment to tap vast natural gas reserves in northwest Siberia, aims to double Russia's stake in the fast-growing market for liquefied natural gas. Russia has said it will make sure Yamal has the resources it needs to keep building.
MOSCOW, Sept 18- The Russian government on Thursday approved the country's toughest budget since the global financial crisis to keep a tight control on spending as Western sanctions over the Ukraine crisis exacerbate an economic slowdown.
MOSCOW, Sept 16- Russia's ban on most Western food, the assimilation of the disputed Crimea region and people fleeing conflict in Ukraine are set to boost Russian grain demand this year, SovEcon, one of the country's leading agriculture consultancies, said.
MOSCOW, Sept 15- Russia will honour all its agreements with the European Union and Ukraine, but will trigger "protective measures" if a trade pact between the two comes into force early, Prime Minister Dmitry Medvedev was quoted by RIA news agency as saying.
MOSCOW, Sept 15- Russia will honor all its agreements with the European Union and Ukraine, but will trigger "protective measures" if a trade pact between the two comes into force early, Prime Minister Dmitry Medvedev was quoted by RIA news agency as saying.
*Branson says ban would cost Russia more than airlines. KIEV, Sept 12- Russia would be the biggest loser if it carried out a threat to ban Western airlines from flying over its territory, Richard Branson, the founder of British airline Virgin Atlantic, said on Friday.
MOSCOW, Sept 9- Russia will continue to support its companies under Western sanctions, irrespective of their ownership structure, Prime Minister Dmitry Medvedev was quoted as saying on Tuesday. Novatek and its other co-owner, Gennady Timchenko are under U.S. sanctions for Moscow's policy on Ukraine.
LONDON/ MOSCOW, Sept 9- The Kremlin's prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world's fastest growing oil firm in recent years.
MOSCOW, Sept 8- Russian stocks and the rouble extended losses on Monday afternoon after the European Union announced new sanctions over Russia's actions in Ukraine despite Friday's peace deal between Kiev and separatist rebels.
*Russia faces new European Union sanctions. MOSCOW, Sept 8- Russia signaled on Monday it might ban Western airlines from flying over its territory as part of an "asymmetrical" response to new European Union sanctions over the Ukraine crisis.
Copy of letter seen by Russia's Grain Union, Reuters. MOSCOW, Sept 5- Russia, one of the world's largest wheat exporters, said on Friday it was not considering grain export curbs as an option to balance domestic demand during the 2014/ 15 marketing season.
MOSCOW, Sept 5- Russia's government has not received a letter from the Agriculture Ministry about a possible grain export ban, Natalya Timakova, a spokeswoman for Prime Minister Dmitry Medvedev, said on Friday.
MOSCOW, Sept 5- Russia's Agriculture Ministry has proposed restricting grain exports in the 2014/ 2015 season as a possible way of balancing the domestic market, Arkady Zlochevsky, head of Russia's Grain Union, said. Russia shocked grain markets with a one-year export ban in 2010 when drought ravaged that year's harvest.
MOSCOW, Sept 5- Russia's Agriculture Ministry has proposed restricting grain exports in the 2014/ 2015 marketing season as a possible way of balancing the domestic market, Interfax new agency reported, citing a letter from the ministry to Prime Minister Dmitry Medvedev.
MOSCOW, Aug 22- In the escalating dispute between Russia and the West over Ukraine, a group of businessmen with Kremlin connections are emerging as likely beneficiaries of the tit-for-tat sanctions.