Russia’s leading petrochemical producer Sibur Holding successfully closed the order book for its BO-01 and BO-02 exchange-traded bond issues, worth RUB10bn ($139mn) and RUB5bn ($69mn) respectively, the company announced on May 21.
The leader of Chechnya and one of the most controversial figures in Russian politics, Ramzan Kadyrov, has reportedly been admitted to “one of the best hospitals in Moscow” after he was believed to be infected with the coronavirus
The International Monetary Fund signed off on a new staff level 18-month Stand-by Arrangement with Ukraine on the same day that Ukrainian President Volodymyr Zelenskiy signed the new anti-Kolomoisky banking bill into law.
Easing comes on back of some stabilisation in the embattled lira but markets remain concerned by country’s lack of FX reserves.
White House officials loathe to see one Trump-sanctioned nation coming to the assistance of another, especially in a presidential election year.
Russia's finance ministry continued to place record-high volumes of OFZ bonds on weekly auctions, selling RUB170bn ($2.4bn) worth of federal bonds in three issues at a total demand of over RUB230bn ($3.2bn) this week.
Currency falls slightly after news. Markets want to see more. Finance minister remarks “Imports will not be easy” as Ankara moves to boost domestic production. Turkish officials, meanwhile, said to be concerned by possible new rush for dollars.
Official releases more inside information on shooting down of passenger plane as Kyiv and Tehran fail to resolve differences on direction of probe.
Austrian company cites COVID-19 uncertainties. Move is a blow to Kazakh plans to use vast gas reserves to make more value-added products. Nur-Sultan already struggling with oil price crisis.
Russia’s economy shrank by a fifth in size in real terms in April, according to preliminary data released by the Ministry of Finance, but at the same time the government has managed to maintain a triple surplus in its external account.
Rating agency also downgrades Halkbank from ‘B’ to ‘B+’. Ability of sovereign to support lenders in event of need has declined, it says.
Russia’s Gazprom is pushing ahead with plans to build a second major gas pipeline to China.
Moldova to issue extradition request for oligarch who was the country’s most powerful politician until his party was ousted from office last June.
Foreign minister says Washington must “give up bullying on the world stage”. Four of five vessels already in the Atlantic.
Three decades after the fall of the Soviet Union Russia’s population is starting to undo the legacy of central planning and is moving west.
Like other public media in Poland, Programme Three has been stacked with PiS loyalists, tilting the radio station’s editorial policy heavily to the right.
Top index TEDPIX retreats from million mark. Economist forecasts rise to 1.5mn points before 12% fall.
Poland’s largest opposition party hopes Trzaskowski will party’s presidential bid after the previous pick, Malgorzata Kidawa-Blonska, struggled with the challenge of campaigning during the coronavirus pandemic.
Actors and NGOs campaigned for years to prevent the old National Theatre being torn down. President Ilir Meta called the demolition an "unpardonable crime".
The legislation allowing the government to rule by decrees during the pandemic had no sunset clause, raising fears that Hungary’s illiberal leader would abuse his new powers.