Russia faces economic upheaval, two years to return to inflation target – Nabiullina

Elvira Nabiullina, Governor of the Central Bank of Russia, speaks during an interview in Moscow, Russia June 27, 2019. REUTERS/Evgenia Novozhenina//File Photo Join now for FREE unlimited access to Reuters.com Register April 18 (Reuters) – Russia’s economy cannot survive indefinitely on its financial reserves and will need to transform to cope with the impact of … Read more

New EU sanctions on Russia to target Sberbank, says commission chief

The logo is displayed at an office of Russia’s biggest lender Sberbank in Moscow, Russia December 24, 2020. REUTERS/Maxim Shemetov Join now for FREE unlimited access to Reuters.com Register FRANKFURT, April 16 (Reuters) – Upcoming European Union sanctions against Russia will target banks, particularly Sberbank (SBER.MM), as well as oil, European Commission President Ursula von … Read more

Russian oligarch Deripaska’s yacht arrives in Turkish waters

ISTANBUL, April 16 (Reuters) – A yacht linked to Russian aluminum tycoon Oleg Deripaska arrived in a bay near the southwestern Turkish resort of Gocek on Saturday, as other Russian billionaires are heading to Turkey to escape Western sanctions following the Russian invasion of Ukraine. Deripaska, founder of Russian aluminum giant Rusal (RUAL.MM), has been … Read more

Ukrainian railways limit exports of some staple foods, consultancy says

Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. Picture taken July 17, 2020. REUTERS/Valentyn Ogirenko/File Photo Join now for FREE unlimited access to Reuters.com Register KYIV, April 16 (Reuters) – Ukraine’s state-owned railway company has temporarily restricted the transport of some agricultural goods … Read more

Ukraine works with Turkey and includes parallel ties with Russia, says Ukrainian diplomat

Turkish and Ukrainian flags wave during a welcoming ceremony for Turkish President Tayyip Erdogan before his meeting with Ukrainian President Volodymyr Zelenskiy in kyiv, Ukraine February 3, 2022. Ukrainian Presidential News Service/Handout via REUTERS Join now for FREE unlimited access to Reuters.com Register ISTANBUL, April 16 (Reuters) – Ukraine is working as much as possible … Read more