-
Capital outflow from Russia reaches record level since annexation of Crimea
Foreign investors are continuing to withdraw capital from the Russian equity and bond markets due to the tightening of Federal Reserve System (FRS) policy, the European Central Bank scaling down carry trades, and the risk of a global trade war. Over the week ending June 20, the sell-off rate of Russian securities by non-residents doubled, finanz.ru reports, citing data from EPFR Global (Emerging Portfolio Fund Research).
Cumulatively, foreigners withdrew $520 million, a record amount since …
-
Kremlin promises to announce the date of the meeting between Putin and Trump
The Kremlin would report on the meeting of US President Donald Trump and Russian President Vladimir Putin as soon as they are ready, as stated by the Press Secretary to the Russian President, Dmitry Peskov, commenting on the words of US Secretary of State Mike Pompeo, that the two leaders would meet in the near future after Trump's advisor John Bolton’s trip to Moscow, TASS reports.
"We'll let you know as soon as we are ready," Peskov said.
In an interview with SNBC TV, Pompeo said that Trump …
-
Sentsov refuses to ask Putin for pardon
Ukrainian director Oleg Sentsov, who has been sentence to 20 years in prison in Russia, refuses to write a petition for a pardon, stated his lawyer, Dmitry Dinze, reports Interfax.
"Oleg is against a pardon. he will not write anything to the [Russian] President," Dinze said. According to the lawyer, Sentsov's condition remains unchanged.
"He says he basically lays down, because he started having problems with his kidneys and heart. He had a crisis on the 26th day of the hunger strike. He was …
-
Kremlin: 11 Russian aircraft and helicopters returned from Syria
11 Russian military planes and helicopters returned from Syria last week, arriving at their permanent bases in Russia, the Russian Defense Ministry reported as quoted by to RIA Novosti.
“Eleven aircraft have returned to their permanent bases in the Russian Federation from Syria over the past week,” the Ministry informed.
According to the Defense Ministry, the Russian warplanes flew to their base while the army aviation helicopters were carried by military-transport aircraft. Additionally, the …
-
American congressmen seek sanctions against Russian oligarch over 'large-scale investments in Crimea'
Shares of billionaire Vladimir Yevtushenkov's companies were pummeled on the Moscow Stock Exchange on Friday following news from the US that a group of congressmen is seeking sanctions against the businessman, who has already given the State key oil assets and lost 70% of his fortune due to a conflict with Rosneft.
US Congressmen affiliated with the Republican Party, Mark Walker and Ileana Ros-Lehtinen, argued that the inclusion of Yevtushenkov, as well as his companies AFK Sistema and MTS, in …