Results for Russia
- Russian Markets Shudder Under Threat of Sanctions
As Russia's military secured the Crimean peninsula, its currency hit a record low and its stock market plunged in the face of U.S. and European warnings of sanctions over the incursion into Ukraine, The Wall Street Journal reported. The Obama ad ...
Daily Headline - global.abi.org - 03/03/2014 - 21:43 - 0 comments
- Russia Gas Threat Shows Putin Using Pipelines to Press Ukraine
OAO Gazprom’s threat to end natural gas discounts for Ukraine adds to the financial burden on the near-bankrupt government in Kiev and makes Europe’s energy supply part of the escalating crisis, Bloomberg News reported. Russia’s gas-export monopoly said ...
Daily Headline - global.abi.org - 03/02/2014 - 18:19 - 0 comments
- Russian Finance Official Says Ukraine May Default On Eurobond Tranche
There is a small risk that Ukraine may default on $3 billion in Eurobonds that Russia recently acquired, Russia's Deputy Finance Minister Sergei Storchak said on Tuesday. "We probably have risks, but not so big ones," he said. "It ...
Daily Headline - global.abi.org - 02/25/2014 - 21:39 - 0 comments
- Russia's Sberbank In Talks With Rusal On Debt Restructuring
Russian state lender Sberbank is negotiating with loss-making aluminium group Rusal on a debt restructuring deal to help the company weather low aluminium prices, two banking sources told Reuters on Friday. United Company Rusal, the world's biggest ...
Daily Headline - global.abi.org - 01/26/2014 - 21:32 - 0 comments
- Russia Buys First Tranche of Ukrainian Eurobonds $3 Billion Paid as Part of Moscow's Bailout Package
Russia has made its first payment of $3 billion for Ukraine's newly issued eurobonds, as part of Moscow's bailout package for its struggling neighbor, Russian Prime Minister Dmitry Medvedev said Tuesday, Interfax reported yesterday. The payment ...
Daily Headline - abi_admin - 12/26/2013 - 09:04 - 0 comments
- Ukraine Bailout Could Derail Putin’s Drive To Boost Russian Economy
If events go smoothly for Ukraine’s cash-strapped government, Russia will begin bailing out the country as early as this week with a first purchase of $3bn in Ukrainian bonds, the Financial Times reported. Relief on the energy front is also imminent ...
Daily Headline - global.abi.org - 12/18/2013 - 21:22 - 0 comments
- Ukraine Protesters Want Answers on $15 Billion Russia Aid
Ukrainian anti-government protesters demanded to know what President Viktor Yanukovych had ceded to seal $15 billion of Russian financial aid and a one-third discount on energy imports, Bloomberg reported. Russia will buy Ukrainian state debt this year a ...
Daily Headline - global.abi.org - 12/17/2013 - 21:36 - 0 comments
- Deripaska's CEAC Sues Montenegro Over Aluminum Plant Bankruptcy
Russian billionaire Oleg Deripaska's Central European Aluminum Company (CEAC) is suing Montenegro for 100 million euros ($140 million) over the failure of its aluminum plant there, Reuters reported. A statement issued in Cyprus, where the Russian co ...
Daily Headline - global.abi.org - 12/03/2013 - 22:14 - 0 comments
- Russia Central Bank Warns On ‘High’ Household Indebtedness
Russia’s central bank has warned that Russia’s consumer lending sector threatens the country’s “financial stability”, the same day that it revoked the licence of Master Bank, a midsized retail lender, the Financial Times reported. Addressing the Russ ...
Daily Headline - global.abi.org - 11/20/2013 - 23:06 - 0 comments
- Russia's VTB Agrees To Join Mechel Restructuring
Russian state-controlled bank VTB has agreed to join other creditors in restructuring mining group Mechel's $9.6 billion debt, a source close to VTB said on Saturday, Reuters reported. The coal-to-steel group, controlled by Igor Zyuzin, borrowed he ...
Daily Headline - global.abi.org - 11/17/2013 - 20:07 - 0 comments