Regional News

17.07.2018

One-on-one meeting with Putin a ‘good start,’ Trump says

President Donald Trump described his much anticipated meeting with Russian President Vladimir Putin as “off to a good start,” after meeting one-on-one with Putin for over two hours on Monday, RT reports.

Trump made his remarks to reporters before the start of a ‘working lunch’ with Putin and...

President Donald Trump described his much anticipated meeting with Russian President Vladimir Putin as “off to a good start,” after meeting one-on-one with Putin for over two hours on Monday, RT reports.

Trump made his remarks to reporters before the start of a ‘working lunch’ with Putin and...

17.07.2018

BRICS development bank to finance infrastructure projects in Russia

Russia may borrow $1 billion from BRICS New Development Bank for infrastructure projects, Deputy Finance Minister Sergey Storchak told reporters on Monday.

"With the new BRICS development bank alone we are now preparing four new loans," Storchak said. He added that these loans altogether would be slightly more than $1 billion,...

Russia may borrow $1 billion from BRICS New Development Bank for infrastructure projects, Deputy Finance Minister Sergey Storchak told reporters on Monday.

"With the new BRICS development bank alone we are now preparing four new loans," Storchak said. He added that these loans altogether would be slightly more than $1 billion,...

17.07.2018

Russia speeds up dumping dollar from economy

One of Russia’s largest banks, VTB is seeking to decrease the share of US dollar transactions at home as locals are choosing the Russian ruble over the greenback.

“There is one interesting thing I wanted to highlight. Since the beginning of this year, people seem to be less interested in making...

One of Russia’s largest banks, VTB is seeking to decrease the share of US dollar transactions at home as locals are choosing the Russian ruble over the greenback.

“There is one interesting thing I wanted to highlight. Since the beginning of this year, people seem to be less interested in making...

17.07.2018

China's GDP growth hits 6.8% year-on-year in H1

China's GDP growth reached 6.8 percent year-on-year in the first half of this year, beating general market expectations, according to official data released on Monday.

Growth in the second quarter was 6.7 percent, compared with 6.8 percent in the first quarter, according to the National Bureau of Statistics (NBS).

Retail sales increased...

China's GDP growth reached 6.8 percent year-on-year in the first half of this year, beating general market expectations, according to official data released on Monday.

Growth in the second quarter was 6.7 percent, compared with 6.8 percent in the first quarter, according to the National Bureau of Statistics (NBS).

Retail sales increased...

17.07.2018

More areas in China to open for investors

China may remove more items from its recently announced negative list amid efforts to further open up its market to foreign investors, a stance that will help consolidate the global multilateral governance system, senior experts and officials said.

"China has a firm stance to promote globalization amid protectionism threats," said Yuan...

China may remove more items from its recently announced negative list amid efforts to further open up its market to foreign investors, a stance that will help consolidate the global multilateral governance system, senior experts and officials said.

"China has a firm stance to promote globalization amid protectionism threats," said Yuan...


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