Tag Archives: ditching

Russia & India ditching US dollar in defense deals

Moscow and Delhi are seeking to bypass US sanctions by using the rupee and the ruble in facilitating military deals, according to Indian daily, the Economic Times. The paper reports that US sanctions are hampering $ 2 billion in defense deals between Russia and India, as payments are getting stuck. The countries are seeking to avoid this by switching to ...

Read More »

Russian corporations ditching London for Moscow amid expanding sanctions

After the London Stock Exchange (LSE) suspended share trading of sanctioned energy conglomerate EN+Group, other Russian firms are thinking of scrapping their stock listings in the UK in favor of the Moscow Stock Exchange (MOEX). Cherkizovo Group, one of Russia’s major producers and processors of poultry and pork, is considering a move to MOEX after the firm delisted from London ...

Read More »

Russia & Belarus ditching dollar trade in favor of national currencies

The Belarusian Prime Minister, Andrey Kobyakov, has called for a complete shift away from the US dollar towards national currencies in Russia-Belarus trade and price-setting. “That would be great if the entire trade turnover, as well as price-formation were set in national currencies,” Kobyakov said during the session of the Council of Ministers of the Union State of Russia and ...

Read More »

Dating app Hinge is ditching the Facebook login requirement

Hinge, the dating app that promised a better set of prospects by suggesting matches who share Facebook friends, is about to radically change its course: it’s ditching its requirement that users log in with Facebook. The change will go into effect on Monday, June 5th on Android, followed by a June 12th release on iOS. While the option to use ...

Read More »

Too late for Bulgaria to ask Russia for gas pipeline after ditching South Stream – Russian senator

Bulgaria missed its chance to have a gas pipeline from Russia after backing out of the South Stream project four years ago, Russian Senator Aleksey Pushkov wrote on Twitter. During his visit to Moscow on Monday, Bulgarian President Rumen Radev proposed building a direct pipeline from Russia to Bulgaria. Read more “Bulgaria ditching the South Stream was a gross error, ...

Read More »

After what happened to Libya, should North Korea think twice about ditching nukes?

The US says North Korean denuclearization should proceed along the Libyan scenario. RT’s Murad Gazdiev remembers how Muammar Gaddafi was killed by US-backed rebels a few years after ditching nukes, and asks – is that a good idea? There was a time when tales of Gaddafi’s death had Kim Jong-un keeping his both hands on the nuclear button, which, by ...

Read More »

China urges ditching dollar & euro trade with Russia in favor of national currencies

There is no need for Russian and Chinese businesses to pay each other in dollars and euros, when they can settle in rubles and yuan, according to Zhou Liqun, chairman of the Union of Chinese Entrepreneurs in Russia. Read more “The leaders of the two countries should think over improving relations, especially in financial cooperation. Why make payments with foreign ...

Read More »

Russia & China gradually ditching US dollar in favor of domestic currencies as trade booms

Moscow and Beijing have been cutting the share of the US dollar in bilateral settlements, as trade between the countries rapidly grows. China is Russia’s largest trading partner, accounting for 15 percent of Russian international trade last year. In January 2018, it grew to 17.2 percent. Germany, which holds second place among Russia’s trade partners, has a share of about ...

Read More »

Mexico’s cartels are ditching drugs for oil

Mexico’s energy reform that ended a state monopoly has so far fared fairly well in the upstream sector, with oil majors snatching up offshore oil blocks in auctions. Read more In the downstream, however, aging refineries built before 1980 have been bleeding cash for years and made Mexico import increasing volumes of refined products to meet growing demand. Operational and ...

Read More »

Freedom of speech? Liberal Twitter battle over Virgin Trains ditching the Daily Mail

Virgin Trains’ decision to stop selling the Daily Mail has exposed divides in the UK liberal Twittersphere, with LBC radio firebrand James O’Brien and Blairite columnist David Aaronovitch battling on the social media platform. The issue of freedom of speech was at the centre of the debate, with Aaronovitch dubbing Virgin’s decision “an act of censorship” against the British paper, ...

Read More »
Show Buttons
Hide Buttons
error: Content is protected !!