The Nord Stream 1, the biggest single pipeline carrying Russian gas to Germany, starts annual maintenance today, with flows expected to stop for ten days. Some European governments, markets and companies worry that the shutdown might be extended. The Nord Stream 1 pipeline transports 55 billion cubic metres a year …
Read More »Analysts: Russia is gradually resuming wheat exports from its ports on the Black Sea
Analysts said on Monday that Russia has gradually begun to resume wheat exports from its Black Sea ports, although shipping traffic in the Sea of Azov is still restricted. Russia began invading Ukraine on February 24 in what it describes as a “special military operation”. The price of Russian wheat …
Read More »Zelensky: Ukraine will insist in talks with Russia
Ukrainian President Volodymyr Zelensky said late Sunday, March 13 that Ukrainian officials negotiating with their Russian counterparts will insist on direct talks between the two countries leaders that would lead to peace. The next round of talks on the war in Ukraine between the two neighbors is scheduled to be …
Read More »Russia Says it Will Pay Off Its Foreign Debt in Russian Rubles Due to Sanctions
Russia’s Finance Ministry said on Monday it had approved a temporary measure to pay off debts in foreign currency, but warned that payments would be made in rubles if sanctions prevented banks from honoring their debts in the issuance currency. The ministry added in a statement that Russia has sufficient …
Read More »Russian President Putin Says There Are Positive Shifts in Talks With Ukraine
Commenting on the latest talks with Ukraine, “there are certain positive shifts, negotiators on our side tell me,” Russian President Vladimir Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko on Friday, as reported by Reuters. Putin refrained from sharing any additional details on the matter.
Read More »EUR/USD Higher On Hopes For Ukrainian Russian Dialogue
EUR/USD is trading near the highs of the day as markets hold higher hopes of a breakthrough in the dialogue between Russia and Ukraine. An interview between Ukraine’s president and ABC News from Monday night is being reported on in New York trade by AP News Service.The article has highlighted …
Read More »Australian Refining Companies Announce They Will Stop Buying Oil From Russia
Australian refiner Viva Energy said Tuesday (March 8) it will stop buying Russian crude, joining a growing number of companies in cutting trade ties with Russia over its invasion of Ukraine. Viva Energy joins a handful of companies that are restricting, deferring or withdrawing from business activities in Russia following …
Read More »Russia Threatens to Cut Off Gas Supplies Via Nord Stream 1
Russian President Vladimir Putin told German Chancellor Olaf Scholz in a call on Friday that while Russia is open for Russian Deputy Prime Minister Alexander Novak said on Monday that Russia may cut off gas supplies via the Nord Stream1 pipeline to Germany, but so far has not taken such …
Read More »Putin To Scholz: Ukraine Should Fulfill Russian Demands
Russian President Vladimir Putin told German Chancellor Olaf Scholz in a call on Friday that while Russia is open for dialogue with Ukraine, the country should fulfill all Russian demands.Putin also reportedly told Scholz that he hopes Kyiv will adopt a more constructive position in the next rounds of talks. …
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