: :inin Kyiv (EET)

Section: Independent Online (South Africa)

    China challenges IMF as emergency lender
    Dec23

    China challenges IMF as emergency lender

    China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries. ||| New York – China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries.Chinese officials signalled on Saturday that they are willing to expand a $24...

    China extends  a hand  to Russia
    Dec23

    China extends a hand to Russia

    Two Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the rouble without depleting foreign exchange reserves. ||| Bloomberg Hong KongTWO Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the rouble without depleting foreign exchange reserves.China would provide help...

    ‘We’re not trying to cripple Russia’
    Dec19

    ‘We’re not trying to cripple Russia’

    Germany has denied that European Union sanctions are aimed at crippling the Russian economy. ||| Berlin – Germany denied Friday that European Union sanctions are aimed at crippling the Russian economy and said a tightening of the screws this week as Russia’s crisis worsens is a coincidence, and not by design.It also denied that the...

    Russian reserves: $400bn or half that?
    Dec19

    Russian reserves: $400bn or half that?

    Depending on who’s doing the maths, Russia’s usable hard currency reserves are either running low, or are healthy. ||| London – Defending the rouble has cost Russia around $80 billion this year, and depending on who’s doing the calculations, its usable hard currency reserves are now either starting to run low, or at a...

    EU ready for long row with Russia
    Dec19

    EU ready for long row with Russia

    European Union leaders have warned Moscow they are ready to exercise their combined muscle over the long haul. ||| Brussels – European Union leaders warned Moscow they were ready to exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from...

    Putin is unfazed,  reassures his people
    Dec19

    Putin is unfazed, reassures his people

    President Vladimir Putin struck an uncompromising stance over the crisis gripping Russia, accusing the US and European Union of trying to undermine his country and blaming external factors for the sharp plunge in the rouble. ||| Henry Meyer and Ilya Arkhipov MoscowPresident Vladimir Putin struck an uncompromising stance over the crisis gripping...

    Putin says Russia’s economy will be cured
    Dec18

    Putin says Russia’s economy will be cured

    President Vladimir Putin assured Russians that the economy would rebound after the rouble’s dramatic slide. ||| Moscow – President Vladimir Putin assured Russians on Thursday that the economy would rebound after the rouble’s dramatic slide this year but offered no remedy for a deepening financial crisis. In an assured...

    Putin promises to help the poor
    Dec18

    Putin promises to help the poor

    Russian President Vladimir Putin has attempted to assuage fears of economic collapse. ||| Moscow – President Vladimir Putin on Thursday attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists during the worst financial crisis of his rule.Speaking at his annual press-conference, the...

    Western sanctions may last for decades – Russian minister
    Dec18

    Western sanctions may last for decades – Russian minister

    Sanctions over Russia’s role in the Ukraine are likely to last “for a very long time”, Economy Minister Alexei Ulyukayev says. ||| Moscow – Western sanctions over Russia’s role in the Ukraine crisis are likely to last “for a very long time”, possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper. “When a US...

    Russia’s financial crisis poses a global threat
    Dec18

    Russia’s financial crisis poses a global threat

    RUSSIA’S escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. ||| Josh Boak WashingtonRUSSIA’S escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh...

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