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2014-06-29 20:25:00

RUSSIA ECONOMY WOULD SHRINK

RUSSIA ECONOMY WOULD SHRINK

The Russian economy would contract should the West introduce wide-ranging sectoral sanctions over Ukraine but that would not be a "dramatic" situation, Economy Minister Alexei Ulyukayev was quoted on Saturday as saying.

The United States and the European Union have repeatedly called on Moscow to do more to help stop fighting in eastern Ukraine - where Kiev is struggling against a separatist pro-Russian rebellion - or face harsher sanctions.

Ulyukayev told the "Vesti on Saturday with Sergey Brilev" TV program that the Russian government has worked out an economic outlook scenario envisaging sectoral sanctions.

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Tags: RUSSIA, OIL, GAS, SANCTIONS
Chronicle:
RUSSIA ECONOMY WOULD SHRINK
2019, May, 22, 10:35:00
CANADA'S GDP GROWTH 1.5%
Real GDP growth is projected to decline to 1.5 percent in 2019, partly reflecting a disappointing first quarter and more subdued global growth.
RUSSIA ECONOMY WOULD SHRINK
2019, May, 22, 10:30:00
INDONESIA'S GDP GROWTH 5.2%
Real GDP growth reached 5.2 percent in 2018, and is expected to remain at 5.2 percent in 2019, driven by robust domestic demand growth and supported by recovering bank credit.
RUSSIA ECONOMY WOULD SHRINK
2019, May, 22, 10:25:00
RUSSIA,RWANDA NUCLEAR
On the May 16, 2019, in Moscow, the roadmap for establishing Russian-Rwanda cooperation in the peaceful uses of atomic energy was signed.
RUSSIA ECONOMY WOULD SHRINK
2019, May, 21, 15:55:00
OIL PRICE: ABOVE $72 ANEW
Brent crude futures, the international benchmark for oil prices, were at $72.31 per barrel at 1030 GMT, up 34 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 42 cents, or 0.7 percent, at $63.52 per barrel.
RUSSIA ECONOMY WOULD SHRINK
2019, May, 21, 15:45:00
BALANCED OIL MARKET
Following its 14th Meeting, which took place on 19 May 2019, in Jeddah, the Kingdom of Saudi Arabia, the Joint Ministerial Monitoring Committee (JMMC) has reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals.
RUSSIA ECONOMY WOULD SHRINK
2019, May, 21, 15:40:00
OPEC+ WILL STAY
"We want to bring inventories down to a more normal levels," Falih said. "We need to stay the course and do that in the weeks and months to come."
RUSSIA ECONOMY WOULD SHRINK
2019, May, 21, 15:35:00
OPEC+ RUSSIA COOPERATION
Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end, from easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets.
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