On Tuesday, 16 of Dec. 2014, Russian ruble depreciated to the level of 77 rubles per US dollar. Russian economy will end 2014 below $2 trillion. If ruble/dollar exchange rate is not changed in 2015, Russian economy will fall below 1 trillion US$.
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Russia's recovery from economic recession could be complicated by sanctions announced recently by US President Donald Trump, with still greater potential of painful restrictions on investors and Russian companies seeking to raise capital in Western markets. This year, the US Treasury initiated new sanctions against Russian persons and entities for activities including the alleged poisoning in the UK of former FSB Officer Skripal and his daughter as well as Moscow's alleged meddling in the 2016 US presidential election.The sanctions announced in April targeted seven Russian oligarchs and the 12 companies they own or control, 17 senior Russian...
The WTO General Council meets as the Trade Policy Review Body to undertake trade policy reviews of Members under the TPRM and to consider the Director-General's regular reports on trade policy developement. The TPRB is thus open to all WTO Members. The current chair is Ms. Irene B. K. YOUNG (Hong Kong, China). Event Holder: World Trade Organization Source of data: Merchandise trade matrix, imports and exports of total all products, annual, 1995-2014, WTO statistical data sets, 1948-2014
In August, 2014, as a counter-move to the economic sanctions imposed against Russia for its annexation of Crimea and intervention to Eastern Ukraine, Russia banned food imports from 10 countries: the US, the EU, Canada, Australia, Norway, Ukraine, Albania, Montenegro, Iceland, and Liechtenstein. The embargo ended 1 January 2018. The visualizations below highlight the trade effects of the embargo.
Power Generation Russia’s world class exhibition floor features the major players in the Russian and international power industry displaying and demonstrating the latest services and technologies; representing unrivaled networking and business opportunities for attendees and exhibitors alike. Date: 31 October - 1 November 2017, Moscow Event Holder: Vostock Capital