Willis Sparks, Eurasia Group, provides insight on the range of economic tools at Russia's disposal.» Read More
WASHINGTON, June 19- Ukraine is holding talks with creditors on restructuring its foreign currency debts, an official from an international finance association said on Thursday following recent meetings with Ukrainian officials.
Igor Sechin, the CEO of Rosneft, Russia's top oil producer, has slammed the U.S.'s decision to hit him with sanctions as making no sense.
SOFIA, June 18- Bulgaria must push ahead with the Russian-backed South Stream gas pipeline project only if it complies with all European Union laws, opposition leader Boiko Borisov, the front-runner to be the next prime minister, told Reuters on Wednesday. The proposed pipeline to bring Russian gas under the Black Sea to Europe will make landfall in Bulgaria.
MOSCOW, June 18- Russia moved to prevent the U.S. payment card firms Mastercard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the country.
MOSCOW, June 18- Russia will reduce the size of deposit payments required for Mastercard and Visa to operate in the country, First Deputy Prime Minister Igor Shuvalov said on Wednesday.
*Russia a small mkt for MasterCard, Visa but offers growth. Mastercard said on Tuesday it had launched a tender to find a partner to perform clearing, authorisation and settlement services for its Russian operations and that the partner should have a processing centre within Russia- another of the new requirements.
ST PETERSBURG, Russia, June 17- Denmark's Carlsberg will keep its breweries in Russia running even though most are operating at reduced capacity, despite other brewers closing plants as Western sanctions over Ukraine hamper an already faltering economy.
*Russia and Ukraine fail to agree on gas price. KIEV/ GORKI, Russia, June 16- Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace between the former Soviet neighbours.
*Russia and Ukraine fail to agree on gas price. KIEV/ GORKI, Russia, June 16- Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace in the former Soviet republic.
KIEV/ GORKI, Russia, June 16- Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace in the former Soviet republic.
MOSCOW, June 16- Russian natural gas exporter Gazprom reduced supplies to Ukraine on Monday after Kiev failed to meet a deadline to pay off its gas debts in a dispute that could disrupt supplies to the rest of Europe.
MOSCOW, June 16- Russian gas exporter Gazprom said on Monday Ukraine had failed to pay at least part of its gas debts by a 0600 GMT deadline and would now have to pay up front for deliveries, suggesting that supplies could be cut.
KIEV/ MOSCOW, June 15- Ukraine faces the threat of Russia cutting off gas supplies when a 0600 GMT deadline passes on Monday after talks on a long-running gas pricing dispute failed.
KIEV/ MOSCOW, June 13- Ukraine began preparing on Friday for Russia to cut off its gas after talks on long-running price dispute broke down, raising the prospect of supplies to the European Union also being disrupted from Monday.
The Ukrainian prime minister ordered the energy sector to prepare for Russian gas cuts after Moscow and Kiev failed to resolve a gas price conflict.
*Separatist rebels control territory in east Ukraine. "At 10:34 a.m. the Ukrainian flag was raised over City Hall in Mariupol," Interior Minister Arsen Avakov wrote on Facebook, less than six hours after the attack began on the city of 500,000, Ukraine's biggest Azov Sea port.
*Moldova and Georgia to sign agreements with EU. CHISINAU/ TBILISI, June 12- The head of the European Commission urged Russia on Thursday not to stand in the way of Moldova and Georgia forging closer ties with Europe, despite the conflict caused by Ukraine's lurch towards the West.
Militants from an al Qaeda splinter group who seized Iraq's second biggest city of Mosul this week have advanced into the oil refinery town of Baiji.
*Gas central to relations between Russia, Ukraine and EU. BRUSSELS/ NOVO-OGARYOVO, Russia, June 11- Russian President Vladimir Putin accused Ukraine on Wednesday of forcing gas talks into a "dead end" by rejecting a price cut offer made amid a row threatening supplies to the rest of Europe.
*Gas central to relations between Russia, Ukraine and EU. BRUSSELS/ KIEV June 11- Russia and Ukraine resumed efforts to settle their gas price row on Wednesday after Kiev rejected a proposal that would have cut its gas bill by around a fifth and averted a possible suspension of supplies that would also hit the rest of Europe.