Turkey to pay for some Russian gas in rubles: Erdogan
- 07-Aug-2022
ISTANBUL: President Recep Tayyip Erdogan has confirmed that Turkey will start paying for some of its Russian natural gas imports in rubles. The announcement was initially made by Moscow after more than four hours of talks between Erdogan and Russian President Vladimir Putin in Sochi. The United States is leading international efforts to impose economic […]
The worst is yet to come for Russia's economy
- 21-Dec-2014
MOSCOW: Deep recession, skyrocketing prices and a fragile banking system: although the ruble seems to have stabilised after its abysmal drop this past week, Russia still faces the heavy consequences of the turbulence.