Source Pravda.Ru

This year, Russia's additional payments on its foreign debt may amount to 350-400 million dollars

This year, Russia's additional foreign-debt payments may possibly amount to $350-400 million, said Vice-Premier and Finance Minister Alexei Kudrin on Tuesday.

Commenting on the considerable growth of the exchange rate of the Euro to the dollar, Alexei Kudrin said that "we shall not exceed the amount of serving our foreign debt projected in the budget." According to the Vice-Premier, every year the budget takes into consideration the growth of the Euro.

Alexei Kudrin pointed out that the government's policy with regard to the hard currency reserves in different types of currencies has not been changing in the past few years.

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

China has allocated $20 billion to restore economies of the Arab states. In addition, China and the Arab countries will create an inter-bank association worth three billion dollars

China weaves financial web to oust Russia and USA from Middle East