To gain a foothold in key markets in the oil and gas industry, as well as in the field of mining, Russian companies have been actively concluding new deals and making acquisitions. Russian mining companies have recently started an impressive amount of new projects. The story kicked off with the purchase of Essar Oil, India's 2nd largest oil...
After the visit of Turkey's President to St. Petersburg and the meeting between the leaders of Russia and Turkey at the G20 summit in Hangzhou (China), the resumption of the Russian-Turkish relations is gaining momentum. The talks in Istanbul are expected to lay a solid trade and economic foundation for the new relations between the two countries
The modern financial system was created for the oppression of national states. Any society in today's world exists to serve the interests of international financial corporations. The power is concentrated in the hands of an international group of financiers that move capitals from one country to another
The oil market has balanced out in 2016 and will restore in late 2017, Russian Energy Minister Alexander Novak said. "The market follows the path of balance anyway," the minister said in an interview with Russia 24 TV channel. "The year 2016 has already balanced out the market partially, and I think that the market will recover in late 2017"
Russophobian policy of the states should have economic consequences. Russia has demonstrated it by canceling oil and other cargoes’ transit through the Baltic ports. Ukraine may also be deprived soon of its gas transit trough. But one question is still in the air. How will small but proud republics live after 2020?
World-famous Kalashnikov Concern unveiled its latest development at Army 2016 forum in the Moscow region: a small automatic rifle for crews of combat vehicles and special forces. Kalashnikov also introduced other new weapons at Army 2016 Forum in the Moscow region. Experts paid attention to prototypes of sniper rifles VSV-338 and SVK
Societe Generale Bank analyst Albert Edwards said that consumers will hardly be able to keep the US economy afloat for long. Because of the sharp drop in oil prices, American energy corporations have faced serious problems and may fall into a new trap. In less than eight years, the debt of the United States of America has nearly doubled
The Russian currency is nearly seven centuries old. The ruble appeared in the 13th century and for the next two centuries successfully drove out of circulation coins of other countries that people in ancient Russia used to acquire material goods. In addition, the foreign money made of silver was quickly repurposed into the new Russian ruble
Crude oil futures were rising in price steadily last week. Traders are full of optimism. They are confident that world's largest players will take measures to stabilize the oil market. First of all, it goes about agreements between Russia and Saudi Arabia. The first attempt to reach an agreement in Doha suffered a fiasco in April
The implementation of projects for the exploration and development of oil and gas deposits, primarily in the Caspian region, is a priority for the Russian energy sector, President Vladimir Putin said at the opening of the tripartite summit in Baku (Russia, Iran, Azerbaijan)
the entire financial system will have to reboot. All financial pyramids are artificial, and they all fall apart some day. When people believe that the movement of stock prices depends on the economic situation, this is nothing but general misconception. The primary cause for all of this is primitive human greed
Prices on gasoline were lower than on water, and no one was watching its consumption. A new business appeared - smuggling gasoline to neighboring countries. For more than one decade, Saudi leaders have been talking about the need to develop a variety of areas to change the oil-dependent factor in the nation's economy
The treaty establishing the Transatlantic free trade zone between the US and the EU will not be signed this year. Currently, global economy remains under the control of central banks lobbied by transnational corporations. The UK's decision to leave the European Union is a historical mistake, but not an economic tragedy for Europe