• Moldova denies entry to Russian TV journalists

    Moldova’s border police have denied entry to the film crews of Russian NTV and Russia-1 TV channels on an assignment to interview President Igor Dodon, stated the press service of the Moldovan President.

    “We strongly condemn these actions and deem them as a new provocation against our partner, the Russian Federation, and as a clear restriction of journalists’ access to information,” the report said. The press service of the Moldovan Border Police told Interfax that the journalists did not …

  • Ukraine sells seized Gazprom assets

    On 29 January, Ukraine sold a 40.2% share in the company Gaztranzit which previously belonged to Gazprom but had been seized when it failed to pay a multi-billion hryvnia fine from Ukraine’s Anti-Monopoly Committee.

    The shares were bought by a closed non-diversified corporate venture investment fund called Goldman at a price of 41.02 million hryvnia ($1.51 million) for 16,650 shares, according to the National Securities and Stock Market Commission of Ukraine.

    The Goldman investment fund was …

  • EU investigates laundering of Russian money through Danske Bank

    The European Banking Authority (EBA) has opened an investigation into the laundering of Russian money through Danske Bank with respect to the supervisory bodies in Denmark and Estonia.

    The EBA will examine whether the Danish and Estonian financial services authorities fulfilled their obligations according to EU legislation.

    In June 2018, the Estonian prosecution office initiated a criminal investigation against the Estonian branch of Danske Bank, which is believed to have participated in the …

  • Ukraine among top 3 countries in terms of damage inflicted to Russia's economy

    Restrictive measures imposed against Russian products abroad caused a damage of $6.3 billion (expert evaluation) to the Russian economy, according to the report published on the website of the Russian Ministry of Economic Development. 

    It follows from the presentation prepared by the ministry that the European Union took the first place in terms of the number of restrictions imposed on Russian goods. Next come Ukraine, India, Belarus, Turkey and the United States. 

    Nevertheless, the picture …

  • Russia overtakes Saudi Arabia as the world’s second largest oil producer but still lags behind the US

    Russia outpaced Saudi Arabia in crude oil production, moving into second place after the USA, the world's largest oil producer, RIA Novosti reports.

    According to a review by the Joint Organizations Data Initiative or JODI, in December 2018, the United States produced an average of 11.66 million barrels of oil per day. Russia now produces 10.74 million barrels per day while Saudi Arabia dropped into third place at 10.64 million barrels per day. 

    Meanwhile, experts of ITI Capital Ltd. said that …