The EBRD and the Russian government are due to sign an agreement on a USD 295 million loan for modernizing road networks in the North-West and Far East on July 4. Agreement on this was reached in St. Petersburg today during a meeting between Economic Development Minister German Gref, Transport Minister Sergei Frank and EBRD President Jean Lemierre.
Sergei Frank told journalists that the meeting also dealt with the EBRD's future participation in a project to build a ferry link between Ust Luga, Kaliningrad and German ports.
Russian Finance Minister Anton Siluanov announced a possible move that Russia can take in response to new US sanctions
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked
The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America