Europe News Eastern Europe

  • WASHINGTON, Sept 20- The United States on Thursday imposed sanctions on a Chinese military agency and its director for buying defense equipment from Russia in breach of a sweeping U.S. sanctions bill enacted in 2017.. The U.S. State Department said it would immediately impose sanctions on China's Equipment Development Department, which oversees defense...

  • PRETORIA, Sept 20- South Africa's central bank left its benchmark repo rate at 6.5 percent on Thursday, in a decision that exposed tensions among policymakers and within the ruling party as the country seeks to nurse an ailing economy back to health. The South African Reserve Bank meeting was closely watched after its emerging-market peers Turkey and Russia...

  • WARSAW, Poland— Polish police are looking for a man who threw a stone into a synagogue in the city of Gdansk as members of the Jewish community were praying at the end of the Yom Kippur holiday. Gdansk Mayor Pawel Adamowicz said he was "appalled," especially because it took place during prayers marking the end of Yom Kippur, the Jewish day of atonement.

  • BUDAPEST, Sept 20- The Hungarian forint eased on Thursday on fading expectations for monetary tightening and a pick-up in European Union financing inflows later this year. The forint underperformed European Union peers, shedding 0.2 percent against the euro by 0833 GMT while Budapest's main stock index fell by 0.7 percent. On the negative side for Hungarian...

  • Marine parks and aquariums are opening monthly in China, with more than 36 large-scale projects set to launch in the coming two years. "We've had great progress in shutting down marine parks in the West but China is saying,' it's my turn now'," said Ric O'Barry, founder of the Dolphin Project, an advocacy group. Haichang's Shanghai Ocean World, which is due to open in...

  • **BERLIN- German Finance Minister Olaf Scholz holds a speech on "100 years of sales tax" in Germany- 0730 GMT. FRANKFURT- Bundesbank President Jens Weidmann speaks in Freiburg, Germany- 1515 GMT. STOCKHOLM- Riksbank Deputy Governor Cecilia Skingsley will hold a breakfast presentation on the economic situation and current monetary policy- 0700 GMT.

  • YEKATERINBURG, Sept 19- Russia's VSMPO-Avisma, the world's largest titanium producer, and U.S. planemaker Boeing have launched a new manufacturing unit in Russia's Urals region of Sverdlovsk, a local governor said on social media on Wednesday. Boeing spokesman Paul Bergman confirmed that Boeing and VSMPO-AVISMA had opened a second Ural Boeing...

  • YEKATERINBURG, Sept 19- Russia's VSMPO-Avisma, the world's largest titanium producer, and U.S. planemaker Boeing have launched a new manufacturing unit in Russia's Urals region of Sverdlovsk, a local governor said on social media on Wednesday. The joint venture will process titanium forgings for Boeing civilian aircraft, such as the 737 MAX, 787 and 777, and...

  • *Surgutneftegaz is Russia's fourth biggest oil firm by output. Russia has been subject to Western sanctions since its 2014 annexation of Ukraine's Crimea region, but Washington has threatened to impose extra sanctions, citing what it has called Moscow's "malign" activities abroad. The prospect that causes most alarm for Russian firms is inclusion on a...

  • **LONDON- Roundtable with Silvana Tenreyro, member of the Monetary Policy Committee, Bank of England. BERLIN- ECB President Mario Draghi gives speech at an event entitled "Making Europe's Economic Union work" organized by Jacques Delors Institute, Hertie School of Governance, Bertelsmann Stiftung in Berlin, Germany- 1330 GMT. FRANKFURT- Bundesbank President Jens...

  • *OPEC, non- OPEC ministers to meet in Algeria on Sunday. NEW YORK, Sept 18- Oil futures rose more than 1 percent on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signaled an informal target near current levels. Ministers from the Organization of the Petroleum Exporting Countries and non-...

  • *OPEC, non- OPEC ministers to meet in Algeria on Sunday. NEW YORK, Sept 18- Oil futures rose more than 1 percent on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signaled an informal target near current levels. Ministers from the Organization of the Petroleum Exporting Countries and non-...

  • The president of Poland is telling President Donald Trump that he'd like the U.S. to create a permanent American base in Poland that would be named Fort Trump. Poland has been pressing for the 3,000 U.S. troops now deployed in Poland on a rotating basis to be upgraded to a larger, permanent presence as it faces Russia's increased military activity in the region.

  • *OPEC, non- OPEC ministers to meet in Algeria on Sunday. NEW YORK, Sept 18- Oil futures rose more than 1 percent on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signaled an informal target near current levels. Ministers from the Organization of the Petroleum Exporting Countries and non-...

  • *Trump says Germany "captive" to Russia over gas. BRUSSELS, Sept 18- Germany will chose where to build a liquefied natural gas terminal by the end of 2018 as a gesture to the United States which wants to ship more gas to Europe, the economy minister said on Tuesday. He has accused Germany of being a "captive" to Moscow because of its heavy reliance on Russian gas and has...

  • VILNIUS, Lithuania— Walmart has agreed to remove shirts with Soviet emblems from its online shop after three Baltic countries complained about the clothing, Lithuanian authorities said Tuesday. Estonia, Latvia, and Lithuania were forcibly annexed by Moscow in 1940 and remained part of the Soviet Union until its collapse in 1991, except for a brief occupation...

  • BUDAPEST, Sept 18- Hungary's central bank left its interest rates unchanged at record lows on Tuesday but tweaked its policy tools, saying it was preparing for a future "gradual and cautious" normalization of its loose monetary policy. The National Bank of Hungary, which has stuck to its dovish stance even as some other central banks in Central Europe started...

  • MOSCOW, Sept 17- A company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019 to build a massive mining and metallurgical plant at Russia's biggest untapped copper deposit, its chairman said. Usmanov's Baikal Mining Company, operator of the Udokan copper deposit, is betting on strong global...

  • MOSCOW, Sept 17- Baikal Mining Company, operator of Russia's biggest untapped copper deposit Udokan, plans to raise $1.25 billion in project financing from a Russian bank by the start of 2019, its chairman, Valery Kazikayev told Reuters. When Kazikayev was receiving a PhD in Economics from the Moscow Mining Institute in 1976, one of the ideas being researched by...

  • MOSCOW, Sept 4- A company owned by Russian billionaire Alisher Usmanov's holding company said on Tuesday it had started construction of a massive mining and metallurgical plant at the Udokan copper deposit in a remote region in eastern Siberia. With total resources of around 26.7 million tonnes of copper, Udokan is the largest undeveloped copper deposit in...