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Politics Vladimir Putin

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  • MOSCOW, Sept 1- Russia will not deliberately cut oil production to prop up prices, however its output may decline if prices remain low, local news agencies quoted Deputy Prime Minister Arkady Dvorkovich as saying on Tuesday. He also said that Russia was ready to discuss measures aimed at oil price stabilization with the Organization of the Petroleum Exporting...

  • MOSCOW, Aug 31- Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro will discuss "possible mutual steps" to stabilise global oil prices during a visit to China this week, a Kremlin aide said on Monday. Kremlin aide Yury Ushakov said the steps would be discussed as part of Moscow's cooperation with OPEC. The Wall Street Journal reported...

  • MOSCOW, Aug 31- Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro will discuss "possible mutual steps" to stabilise global oil prices during a visit to China this week, a Kremlin aide said on Monday.

  • *Japanese in China worried about anti- Japan sentiment. BEIJING, Aug 30- Beijing is battening down the hatches and cranking up the propaganda ahead of a massive military parade this week to mark the end of World War Two, shooing cars from streets and shutting factories for the Communist Party's biggest event of the year. Some 12,000 soldiers will march through...

  • MOSCOW, Aug 28- Russian President Vladimir Putin signed a decree on Friday that will likely place Moscow's second-largest airport, Sheremetyevo, under the control of his businessman friend Arkady Rotenberg, an industry source said. Sheremetyevo, home to Russia's flagship airline Aeroflot, has fallen behind privately owned Moscow rival Domodedovo in terms...

  • Kremlin pivot to China slowed as projects delayed Thursday, 27 Aug 2015 | 6:20 AM ET

    *China watching Russian economy, currency crisis. MOSCOW, Aug 27- A growing economic crisis in Russia and a growth slowdown in China that has rattled world markets mean about $113 billion worth of joint projects ranging from gas pipelines to power grids have been stalled or delayed. With a major crackdown on corruption also in progress in China, and Russia hit by...

  • Russia's Putin hosts Middle East leaders at air show Tuesday, 25 Aug 2015 | 12:56 PM ET

    MOSCOW— Russian President Vladimir Putin has played host to the king of Jordan and the crown prince of Abu Dhabi on the first day of Russia's main aviation and space show. In opening the International Aviation and Space Salon, or MAKS, Putin said Tuesday the six-day show near Moscow would see the signing of a series of "serious agreements." Putin was joined by...

  • ZHUKOVSKY, Russia, Aug 25- Russian civil aviation companies face a disappointing week at the country's largest air show that opened on Tuesday as economic crisis and Western sanctions take a heavy toll on order books and scare away many foreign firms. According to Russian media, Russia and Iran will sign a $1 billion deal during the three-day show for S-300...

  • WASHINGTON— China is exporting something new to the world economy: Fear. And they're fast losing confidence that China's policymakers, seemingly so sure-footed in the past, know how to solve the problem. The free-fall in the stock markets, in the words of David Kelly, chief global strategist at JP Morgan Funds, is "Made in China."

  • MOSCOW, Aug 21- Two brothers belonging to President Vladimir Putin's inner circle lobbied for the appointment of Deputy Transport Minister Oleg Belozerov as the new head of Russia's vast state railway monopoly, the newspaper Vedomosti reported on Friday, citing anonymous sources. The paper quoted several sources as saying Belozerov was close to Arkady and...

  • 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...

  • In retaliation to Western sanctions over its role in the Ukraine crisis, Russia last year banned certain food imports from the European Union, the U.S. and a few other countries. Eager to demonstrate their zeal in enforcing the ban, local authorities from all over Russia file daily reports on new and increasingly exotic means they employ to destroy the banned...

  • MOSCOW, Aug 19- Four private banks with friendly ties with the Kremlin are emerging as big winners from Russia's economic crisis, helping out dollar-starved companies at a time when large state lenders are hampered by Western sanctions. The four, FC Otkritie, Promsvyazbank, Credit Bank of Moscow and B&N Bank, were relatively minor players only a few years ago.

  • MOSCOW, Aug 17- Vladimir Yakunin, the powerful head of Russia's state railways and an old friend of President Vladimir Putin, is to leave his post to become a senator, a rare and unexpected reshuffle in the Kremlin's inner circle. The move, revealed while Yakunin was on holiday, appeared to be a significant demotion for a man who has known Putin since they set up a...

  • The move would be a significant demotion for Yakunin who has headed Russian Railways- a huge state corporation with more than $40 billion in annual sales- for ten years and known Putin since they founded an elite housing cooperative together in St Petersburg in the 1990 s. He will represent Russia's Kaliningrad region- an exclave sandwiched between Poland and...

  • *South Africa suffering chronic power shortages. JOHANNESBURG, Aug 14- Fears are growing in South Africa that agreements to build nuclear power plants that could be the most expensive procurement in the country's history will be made behind closed doors, without the necessary public scrutiny. Construction on the first plant is due to start next year, breakneck...

  • CARACAS, Aug 11- Cash-strapped Venezuela is pushing for an emergency OPEC meeting and joint coordination with Russia to stem a tumble in oil prices, President Nicolas Maduro said on Tuesday night. "We're evaluating the possibility that a very high ranking OPEC meeting be called, and that in coordination with the Russian Federation, President Vladimir Putin, we...

  • MOSCOW, Aug 10- Royal Dutch Shell's plans to build a strategic alliance with Russia's Gazprom could be in jeopardy after the United States added one of Gazprom's biggest gas fields to its list of Russian sanctions on Friday. U.S. officials have repeatedly said that sanctions on Russia's energy sector- part of broader penalties imposed since 2014 over Moscow's...