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New policy poses challenges for foreign drug companies in Russia
A new policy by the Russian Federation’s Ministry of Industry and Trade will pose challenges for foreign pharmaceutical manufacturers this year. New rules will make it necessary to receive a Russian variant of a certificate of conformity of quality if they wish to do business in the country.
The chief representative of Pfizer in Russia told Business FM that there isn’t enough time or resources to check drugs under the new policy while still working within budget and schedule constraints. This …
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The UK to Consider Publishing List of those Involved in Litvinenko Murder
Officials in London may publish the list of people who, as a result of the investigation into the death of Alexander Litvinenko, will be denied the right to enter the United Kingdom as reported by Rosbalt on January 23rd, citing The Guardian.
The UK’s Anti-Corruption Champion, Eric Pickles, is currently investigating this possibility. He will submit the results of his research to the Ministers.
Publication of the ‘black list’ will allow the public to find out who is prohibited from entering …
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Jaresko: There is a Chance to Avoid Legal Battle over 'Yanukovych's Debt'
Ukrainian Finance Minister Natalia Jaresko believes that there is still a chance to avoid a legal battle with Russia over the three billion dollar debt, the repayment of which Kiev missed in December, as stated during the World Economic Forum in Davos during an interview with Bloomberg News that was published on January 23rd.
According to Jaresko, Ukrainian and Russian officials might meet "soon" to discuss the issue.
Russia bought three billion dollars worth of Ukrainian government bonds at …
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Pro-Russian separatists attack Ukrainian Forces 37 times
On the 23rd of January, pro-Russian separatists in eastern Ukraine violated the ceasefire agreement 37 times. The Chief Directorate of Intelligence of the Ministry of Defence of Ukraine reported that weapons prohibited by the Minsk Agreements were observed in the cities of Donetsk and Bulavinskoye.
Information about the presence of weaponry–tanks, self-propelled guns (SPG) and 122-mm Grad rocket launchers-was provided by representatives of the OSCE Special Monitoring Mission.
Ukrainian …
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Russian Capital Outflow Increased By 30 Percent Last Week Amid Ruble Crisis
The total outflow of means from funds invested in Russian assets increased to $91.8 million during the week beginning January 14th. According to Interfax, based on data provided by the Emerging Portfolio Fund Research (EPFR) analysts, last week investors withdrew $70 million from Russian investments—an outflow of means increased by 30%.
Sberbank CIB estimates the total net cash outflow from funds investing only in shares of the Russian Federation also increased to $42.1 million from January 14 …