Section: Africa&ME
Russia puts annual losses at R1.5 trillion
Lower oil prices and Western sanctions will cost Russia around $130-140 billion (R1.5 trillion) a year. ||| Moscow – Lower oil prices and Western financial sanctions imposed over the Ukraine crisis will cost Russia around $130-140 billion (R1.5 trillion) a year – equivalent to around 7 percent of its economy – Finance Minister...
Poroshenko: Lithuania to Supply Ukraine With Military Aid
KYIV—Lithuania is to provide Ukraine with some military aid to help in its fight against pro-Russian separatists in the east of the country, Ukrainian President Petro Poroshenko said on Monday… …read more Source:...
Lithuania to supply Ukraine with military aid
“We have agreed on supplies of concrete elements of concrete armaments for the Ukrainian armed forces,” Poroshenko said after talks with Lithuanian President Dalia Grybauskaite. …read more Source: World...
Russia to Lose Billions Over Sanctions, Falling Oil Prices
Russia’s finance minister says Russia is on a course to lose more than $100 billion due to Western sanctions and falling oil prices. Anton Siluanov said Monday at an economic forum in Moscow that Russia could lose as much as $40 billion per year because of Western sanctions. The United States and the European Union have imposed several...
Minister: Russia to lose some $40 bn a year due to sanctions
Russia is set to lose around $40 billion per year due to Western sanctions over Ukraine, Finance Minister Anton Siluanov said Monday.”We are losing around $40 billion per year due to geopolitical sanctions and we are losing some $90 to $100 billion per year due to oil prices falling 30 percent,” Siluanov said in a speech at an...
Russia to lose some $40 bn a year due to sanctions
Russia is set to lose around $40 billion (32 billion euros) per year due to Western sanctions over the Ukraine conflict … …read more Source: Gulf...
Russia to lose some $40 bn a year due to sanctions: minister
Russia is set to lose around $40 billion (32 billiUon euros) per year due to Western sanctions over the Ukraine conflict, Finance Minister Anton Siluanov said Monday. …read more Source: Hurriyet Daily...
Putin backs Russian central bank
Russian President Vladimir Putin has allowed the central bank to administer strong medicine. ||| Moscow – With Russia’s economy battered by economic sanctions and plunging oil prices, President Vladimir Putin has allowed the central bank to administer strong medicine, sharply raising interest rates even as it freed the rouble to...
Three more Ukrainian soldiers killed – military
More than 4,300 people have been killed overall since the separatist rebellions erupted in eastern Ukraine in April, according to the United Nation data. …read more Source: World...
U.S. troops to remain in Baltics, Poland next year
Several hundred U.S. troops were deployed in Poland and the three Baltic states of Lithuania, Latvia and Estonia earlier this year after Russia seized Ukraine’s Crimea region …read more Source: World...
