#RUSSIA
EU considering 5th round of sanctions against Russia
European Union governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with U.S. President Joe Biden for a series of summits designed to harden the West's response to Moscow, Reuter’s reports.Heads of global financial institutions on impact of crisis in Ukraine
After discussing March 17 the impacts on the global economy of the ongoing war in Ukraine and the international community’s respective and collective response to this crisis, Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), Werner Hoyer, President of the European Investment Bank (EIB), Carlo Monticelli,Yerevan and Moscow exchanged assessments of threats to biological security in the CIS
Russian-Armenian inter-agency consultations on the implementation of a bilateral intergovernmental memorandum of understanding on ensuring biological security took place in Moscow on Thursday, the Russian Foreign Ministry reported.Western sanctions imposed on Russia will have negative impact on Armenian government's tax revenues- State Revenue Committee
Western sanctions imposed on Russia will have a negative impact on Armenian government's tax revenues, since Armenia's economic ties with Russia are very strong, Rustam Badasyan, the head of the State Revenue Committee, told journalists on Wednesday.Russian-Ukrainian conflict to have negative impact on Armenian economy in several areas- World Bank
The Russian-Ukrainian conflict will have a negative impact on the Armenian economy in several areas, including trade, remittances, as well as in the context of commodity prices and foreign investment, according to a World Bank review.Russia rouble payment of USD coupons would be a sovereign default -Fitch
According to Fitch Ratings’ Sovereign Rating Criteria, the payment in local currency of Russia’s US dollar Eurobond coupons due on 16 March would, if it were to occur, constitute a sovereign default, on expiry of the 30-day grace period.Non-residents open some 6,500 bank accounts in Armenia since March 2
Some 6,500 non-resident accounts have been opened with Armenia-based commercial banks since March 2, largely by Russian citizens, the chairman of the Central Bank of Armenia Martin Galstyan told a news conference today.Russia imposes temporary ban on export of grain, sugar to EEU, third countries
Russian Prime Minister Mikhail Mishustin signed orders to temporarily ban export of grain to EEU member states (Belarus, Armenia, Kazakhstan and Kyrgyzstan) and export of sugar to thirds states, the government press office announced Monday, TASS reported.Regulator says no food related problems in next 2-3 months
In response to concerns triggered by Russia's decision to ban exports of grain crops and sugar until August 31, 2022, including to Armenia, which is a member of the Russia-led Eurasian Economic Union, the head of Armenia's Food Safety Inspectorate Georgy Avetisyan said today that Armenia will not have food-related problems in the next 2-3 months.Armenian economy minister urges fellow citizens to stop panic buying of foods
Armenian Economy Minister Vahan Kerobyan called on fellow citizens on Friday to refrain from panic buying of food products in large quantities, prompted by reports that Russia has banned exports of grain crops and sugar to other countries, including to the countries which are members of the Eurasian Economic Union (EEU).UN ready to provide Armenia further assistance to offset new economic challenges
The UN is ready to provide further anti-crisis assistance to Armenia to help it offset the new economic challenges, Acting UN Resident Coordinator in Armenia Lila Pieters Yahia said today at a meeting with Armenian Finance Minister Tigran Khachatryan.Russia lifts Covid-imposed restrictions on flights to Armenia and several other countries
Russia is lifting the restrictions, imposed due to COVID-19, on charter and scheduled flights to Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Iran on a reciprocal basis, the Federal Air Transport Agency said, according to TASS news agency.Russia bans exports of grain crops, including to Armenia
A Russian parliament sub-committee on customs approved a ban March 10 on exports of grain crops from Russia to the Eurasian Economic Union (EEU) member countries, as well as on exports of sugar and raw sugar outside the EEU, the Russian daily "Kommersant" reported.News 781 - 800 of 1673
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