Section: International Business Times (USA)
Russia Economy 2016 Update: Moscow’s Once Hot Real Estate Market Feels Oil Price Slump
Oil prices below $30 a barrel paired with Western economic sanctions after the annexation of Crimea have hit Russia’s struggling economy, with Moscow’s housing market dropping by almost 30 percent last year, local media reported Tuesday. The news comes the same day as the International Monetary Fund downgraded its economic growth...
Ukraine Ban On Russian Products Expands As Economic Trade War Continues
With no reconciliation in sight, Ukraine said Wednesday it would expand the list of banned Russian products as part of a tit-for-tat trade war that has escalated since 2014, Reuters reported. A Ukrainian ban on the import of Russian food, alcohol and dairy products went into effect Sunday in response to a Russian embargo on Ukrainian goods....
Putin Discusses Terrorism, Russia’s Economy, Sanctions And Angela Merkel’s Fear Of Dogs In New Interview
Russian President Vladimir Putin discussed sanctions, terrorism, NATO and German Chancellor Angela Merkel’s dislike of dogs in a wide-ranging interview with German newspaper Bild published Monday. The Russian leader admitted that economic sanctions levied against his government after the annexation of Crimea from Ukraine in March 2014 have...
Russia Struggles To Supply Electricity For Crimea Energy Needs As State Of Emergency Extended
The lights may flicker until springtime in Crimea as the Russian-annexed peninsula continues to deal with energy shortages, Russian news agency Tass reported Friday. The leader of Crimea said during a crisis management meeting that a state of emergency would remain in place until May 1. “There are no communities where electricity is utterly...
Russia-Ukraine Cyberattack Update: Security Company Links Moscow Hacker Group To Electricity Shut Down
An American cyber intelligence company says it has linked a cyberattack that took down electricity in Ukraine to a Moscow-based hacker group known as Sandworm, Reuters reported. The cyberattack is the first ever linked to a power outage, an event experts predicted would be the next major escalation in the cybersecurity field. …read more...
Did Russia Kill Ukraine’s Electricity? Cyberattack Linked To Power Outage Has Global Implications
It wasn’t a normal power outage when the lights abruptly went out for tens of thousands of western Ukrainians in and around the regional capital city of Ivano-Frankivsk two weeks ago. The short-lived blackout was caused by malware, marking it the first known case of a power outage induced by a cyberattack, experts from several security...
Amid Russia Tensions, Ukraine To Call For UN Peacekeeping Mission In Conflict-Torn East
Ukraine assumed its duties Friday as a non-permanent member of the United Nations Security Council and was already preparing Monday to call for a peacekeeping mission to be sent to the Donbass region, where a war between government forces and Russia-backed rebels continues. The move is likely to trigger objections from the Kremlin, which...
MH17 Update: Dutch Investigators To Probe Claims Linking Russian Soldiers To Downed Plane
Dutch investigators said Monday that they will investigate the claims by a British-based group of citizen investigative journalists called Bellingcat, which said that it has identified the Russian soldiers allegedly involved in the downing of Malaysia Airlines Flight MH17 over Ukraine. …read more Source: International Business...
Ukraine Ramps Up Trade War With Russia: Ukraine Bans Russian Food Imports In Tit-For-Tat Response
The trade war between Ukraine and Russia is heating up. …read more Source: International Business...
Russia-Ukraine Conflict Update: Moscow To Sue Kiev Over $3B Debt
Russia will file a lawsuit against Ukraine for failing to pay a $3 billion debt to Moscow, the country’s finance ministry said Thursday. It, however, added that Moscow was ready to consider any significant offer from Ukraine over the debt. …read more Source: International Business...
