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Economic Crisis

Having destroyed the country, ‘Sumerians’ are doomed to return to Russia

N.B – ‘Sumerians’ is jab at a Ukrainian nationalist ‘ethnologic’ theory, that Ukrainians are ‘not Slavs’ but ‘Sumerians’. One thing that Ukrainians do have, however in common with modern Iraqis (where Sumer was located), is that the US has destroyed their states. Iraqis, Sumerians, at least have the sense to fight back. Anything but ‘Slavic […]

US sanctions magic: A grim New Year is expected for the Russian ruble

December 26, 2017 – FRN –  KtovKurse – translated by Inessa Sinchougova  New US sanctions may prohibit foreign investors from buying federal loan bonds, precipitating the ruble exchange  collapse by 15-20%. In a Forbes column, Dmitry Ladikov-Roev shared his opinion that a high proportion of non-residents in the federal loans market (OFZ) could cause a severe […]

US sanctions flop: Putin summons business leaders [Video]

September 25 , 2017 – Fort Russ News –  Translated by Inessa Sinchougova Russian President Vladimir Putin has met Russian business leaders in Moscow on Thursday, September 21. Over 50 representatives, including CEOs of private and state companies, as well as banks and public organisations were invited to meet in the Kremlin. On the agenda – perpetuation […]

Putin warns large businesses of ongoing complications from sanctions

September 22 , 2017 – Fort Russ News –  KtovKurse  – translated by Inessa Sinchougova Russian President Vladimir Putin invited 50 heads and owners of the largest Russian companies to talk about the future of the country’s economy. The key topic of the meeting was the warning that Russia will have to live under sanctions for a […]

French dairy giant Danone moves European cows to Siberia

September 12 , 2017 – Fort Russ News –  KtovKurse – translated by Inessa Sinchougova The French dairy giant Danone is set to transport almost 5,000 Holstein cows to Siberia from the Netherlands and Germany. Transportation is scheduled for the end of September. The animals will be transported by trucks from Europe to a farm near Tyumen (they […]

Got a few thousand? Real estate being sold for pittance in Greece

August 16 , 2017 – Fort Russ News –  Vesti – translated by Inessa Sinchougova There were times when prices in the real estate market in Greece grew at a very high rate. The economic situation of this country of the European Union seemed more or less stable, unemployment was low. But in recent years, the country is […]

West shocked at success of Russian economy despite sanctions

August 14 , 2017 – Fort Russ News –  KtovKurse – translated by Inessa Sinchougova Despite the sanctions and the fall in oil prices, the Russian economy has grown at the fastest pace since the third quarter of 2012, the German newspaper Frankfurter Allgemeine Zeitung states. According to Rosstat, the growth rate of economic development in the second […]

Anti-Russian sanctions will not affect key energy player – Gazprom (S&P Report)

August 8 , 2017 – Fort Russ News –  KtovKurse – translated by Inessa Sinchougova  Due to the fact that the United States has introduced new sanctions against Russia, uncertainty is growing in the gas market of Europe. Among the possible risks – rising gas prices and supply disruptions. Such consequences can be expected if restrictive measures lead to […]

Russia has come up with ways to respond to the new US sanctions

July 27, 2017 – Fort Russ News –  KtovKurse – by Inessa Sinchougova  One of the responses to US sanctions against Russia could be the arrest of the American embassy in Russia and its storage facilities, as well as the expulsion of 35 American diplomats from the country, Kommersant writes. Today the number of employees of the […]

Bypassing sanctions: West investing in Russia via Bahamas and Bermuda companies

July 11, 2017 – Fort Russ News –  KtovKurse – translated by Inessa Sinchougova  The Bahamas and Bermuda have provided a quarter of direct investment into the Russian economy in the past year. These countries are investing more than the UK, USA, France, Germany, Japan and China put together, and the amount of revenue from offshore jurisdictions […]