Business – Page 224 – THE OVAL CIRCLE

Russia to reassess government budget taking into account coronavirus risks

Posted on March 2, 2020June 15, 2020By Editor

Russia’s new Prime Minister Mikhail Mishustin has called on the government to analyze both long-existing sanctions risks and the consequences stemming from the coronavirus epidemic as it works on a new budget plan. … Read More >Russia to reassess government budget taking into account coronavirus risks

Business

How Russian Companies May Benefit From the US LNG Supply Crisis

Posted on March 2, 2020March 2, 2020By Editor

Last month, two Spanish energy companies rejected a hefty deal on the purchase of 200 million cubic metres of liquefied natural gas (LNG) from the biggest US LNG exporter Cheniere Energy Inc. … Read More >How Russian Companies May Benefit From the US LNG Supply Crisis

Business

Putin says Russia should be ready for any scenario as oil market suffers steep decline

Posted on March 1, 2020March 1, 2020By Editor

The current crude prices are acceptable for the Russian economy, Russian President Vladimir Putin said after the price of oil dramatically fell to the lowest point in more than a year. … Read More >Putin says Russia should be ready for any scenario as oil market suffers steep decline

Business

The perfect storm sends natural gas crashing

Posted on March 1, 2020March 1, 2020By Editor

With inventories set to reach levels never seen before and a serious drop in demand in Asia, natural gas prices could be set to fall even further. … Read More >The perfect storm sends natural gas crashing

Business

Britain bought a record amount of Russian gold last year, spending over $5 BILLION

Posted on February 28, 2020February 28, 2020By Editor

Sales of Russian gold abroad jumped eight-fold last year to $5.7 billion, with almost all of that volume purchased by the United Kingdom. … Read More >Britain bought a record amount of Russian gold last year, spending over $5 BILLION

Business

Russia’s largest solar power plant launched in the Urals

Posted on February 27, 2020February 27, 2020By Editor

A new solar power plant (SES) with a capacity of 10MW has been commissioned in the Burzyansky district of Russia’s southern Ural region of Bashkortostan. … Read More >Russia’s largest solar power plant launched in the Urals

Business

It’s just business: US & Britain buying more and more oil from Russia

Posted on February 27, 2020February 27, 2020By Editor

Russia more than doubled crude oil supplies to the United States and Britain in 2019, data from the Federal Customs Service (FCS) has revealed. … Read More >It’s just business: US & Britain buying more and more oil from Russia

Business

China’s economy to grow 15% in Q2 as it recovers from coronavirus – JPMorgan

Posted on February 27, 2020February 27, 2020By Editor

The world’s second largest economy, China, will recover from the COVID-19 crisis to emerge stronger than ever, according to JPMorgan Chase’s global economist Joseph Lupton … Read More >China’s economy to grow 15% in Q2 as it recovers from coronavirus – JPMorgan

Business

Dow plummets over 900 points as coronavirus panic week drags on

Posted on February 27, 2020February 27, 2020By Editor

Stocks tumbled by more than 900 points Thursday as the coronavirus fears prevailed. It comes after President Donald Trump blamed market woes on the media and Democrats trying to make the outbreak look as “bad as possible.” … Read More >Dow plummets over 900 points as coronavirus panic week drags on

Business

Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires

Posted on February 27, 2020February 27, 2020By Editor

All the money printed by central banks is going directly to billionaires, say Max Keiser and Stacy Herbert of the Keiser Report, and French luxury brand owner Bernard Arnault is just the latest example. … Read More >Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires

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