Economy

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16 Georgian wine companies on display in Japan

Sixteen Georgian wine companies participated in the international fair Wine and Gourmet Japan 2018 held from April 11-13 in the capital of Japan, Tokyo. Leading wine professionals, wine traders and importers from the entire region of …

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Azerbaijan’s election, an affirmation of stability

The April 11 elections in Azerbaijan have once again solicited a number of critical articles and editorials from some in the media condemning the of President Ilham Aliyev. The laser sharp focus on a negative narrative of human …

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Russian economy ministry lowers GDP growth outlook

Russian gross domestic product (GDP) growth is seen at 1.3% year-on-year in February, Russian Economic Development Ministry said. The ministry also revised its estimate for January GDP growth to 1.7%year-on-year, versus a previous …

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Rusal shares plummet to new low

Russia's aluminium producer Rusal tumbled as much as 21% this morning in Hong Kong after the US promised further sanctions against Moscow for supporting the Syrian government. The Trump administration vowed to impose more sanctions …

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Oil markets tense after strikes on Syria

Oil fell 1% today as markets opened following western air strikes in Syria over the weekend, while a rise in US drilling for new production also dragged on prices. Brent crude oil futures were at $71.85 per barrel at 0547 GMT, down 73 …

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Grand plan for Hainan

‘China’s Hawaii’ set to become pilot free-trade port in next phase of country’s opening up

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IEA: OPEC+ may accomplish its mission in May

OPEC and its allies appear to have accomplished their mission of bringing global oil stocks to desired levels as early as in May, the International Energy Agency said in its monthly report . "It is not for us to …

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Rosneft CEO to testify in court in Ulyukayev case

Chief Executive Officer of Rosneft Igor Sechin appeared in the Moscow City Court today for testimony during the session on the complaint against the sentence to Russia’s ex-minister of economic development Alexei …

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