Business – Page 237 – THE OVAL CIRCLE

Big bully at work: Firm laying Nord Stream 2 pipeline halts all ‘activities’ faced with ‘crushing sanctions’ by US

Posted on December 21, 2019December 21, 2019By Editor

Allseas, a Swiss-Dutch company laying the Nord Stream 2 pipeline off the Danish coast, has announced it is suspending its work and will pull out of the project after being faced with an avalanche of sanctions by the US. … Read More >Big bully at work: Firm laying Nord Stream 2 pipeline halts all ‘activities’ faced with ‘crushing sanctions’ by US

Turkey vows to retaliate if US imposes sanctions on Russian gas pipeline

Posted on December 20, 2019December 20, 2019By Editor

Turkish President Recep Tayyip Erdogan has hit back against US threats to impose sanctions on the TurkStream pipeline that is set to deliver Russian gas to Turkey and further to southern and southeastern Europe starting next year. … Read More >Turkey vows to retaliate if US imposes sanctions on Russian gas pipeline

Moscow & Kiev reach ‘agreement in principle’ on new gas transit deal

Posted on December 20, 2019December 20, 2019By Editor

Russian and Ukrainian delegations have reached a preliminary gas transit agreement after intense negotiations in Berlin as the current contract is set to expire at the end of the year. … Read More >Moscow & Kiev reach ‘agreement in principle’ on new gas transit deal

US sanctions on Nord Stream 2 is Trump’s ‘bogeyman story’ for Europeans, but he can’t stop the Russian pipeline – Alexander Rahr

Posted on December 19, 2019December 19, 2019By Editor

The latest US sanctions are not just targeting Russia’s Nord Stream 2 gas pipeline but the whole energy alliance between Russia and Europe, according to Alexander Rahr, research director at the German-Russian Forum. … Read More >US sanctions on Nord Stream 2 is Trump’s ‘bogeyman story’ for Europeans, but he can’t stop the Russian pipeline – Alexander Rahr

Putin confirms Russia ready to give Ukraine 25% discount on natural gas

Posted on December 19, 2019December 19, 2019By Editor

Moscow will seek a mutually acceptable solution in the gas transit dispute with Kiev, Russian President Vladimir Putin said on Thursday. … Read More >Putin confirms Russia ready to give Ukraine 25% discount on natural gas

If Washington wants to help Ukraine, it should give Kiev money – Putin

Posted on December 19, 2019December 19, 2019By Editor

The United States does not provide real support to Ukraine, only promising guarantees for possible loans, which is not real money, said Russian President Vladimir Putin. … Read More >If Washington wants to help Ukraine, it should give Kiev money – Putin

US sanctions won’t stop completion of Russian natural gas pipeline to Europe – Kremlin

Posted on December 18, 2019December 18, 2019By Editor

The latest US sanctions targeting Russia’s Nord Stream 2 pipeline, which will deliver natural gas to Germany, will not stop the project, presidential press secretary Dmitry Peskov said on Wednesday. … Read More >US sanctions won’t stop completion of Russian natural gas pipeline to Europe – Kremlin

Russia to sell diamonds in China on WeChat using blockchain technology

Posted on December 17, 2019December 17, 2019By Editor

The world’s largest diamond producer, Russia’s ALROSA, has announced the launch of a blockchain program on one of China’s largest social platforms WeChat to help Chinese retailers track the origin of diamonds. … Read More >Russia to sell diamonds in China on WeChat using blockchain technology

First railway bridge connecting Russia & China promises to boost trade to new highs

Posted on December 16, 2019December 16, 2019By Editor

The construction of the long-awaited railway bridge between Russia and China will be finished by the end of next year, according to Russian presidential envoy to the Far Eastern Federal District, Yury Trutnev. … Read More >First railway bridge connecting Russia & China promises to boost trade to new highs

China & India will be the two countries dictating oil prices in 2020

Posted on December 16, 2019December 16, 2019By Editor

The new OPEC+ deal and rising shale production have been stealing the headlines in the second half of 2019, but on the demand side, China and India are just as important. … Read More >China & India will be the two countries dictating oil prices in 2020