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Iran suggests Russia help 'isolate the Americans' by ditching dollar

Published time: 2 Nov, 2017 09:18 The best way to beat US sanctions against Iran and Russia is joint efforts to dump the American currency in bilateral trade, according to Iranian Supreme Leader Ali Khamenei. “By ignoring the negative propaganda of the enemies, that seek to weaken relations between countries, we can nullify US sanctions, […]

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Two records a day: Bitcoin hits $6,600 on plans to launch futures

Published time: 1 Nov, 2017 14:44 Edited time: 1 Nov, 2017 14:47 Bitcoin, the world’s most valuable cryptocurrency, has managed to smash two record highs on Wednesday after exchange operator CME announced plans to introduce bitcoin futures. Read more The price of a bitcoin token broke the $ 6,500 barrier and set a new high […]

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‘Nothing revolutionary’ about new US sanctions against Russia – Fitch

Published time: 1 Nov, 2017 13:00 The latest round of penalties against Moscow imposed by Washington earlier this week will not have a significant impact, according to Fitch analyst Dmitry Marinichenko. “There’s nothing revolutionary in the fourth directive on technological sanctions in the oil sector…. The renewed document includes all the provisions approved in September […]

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'Halal' bitcoin may be coming to a Muslim community near you

Published time: 1 Nov, 2017 13:17 Cryptocurrency as a tool of Islamic banking is being discussed by the Muslim community and could be created within the next two or three years, according to the adviser on Islamic economics and finance of the Russia’s Muftis Council Madina Kalimullina. Read more She told TASS that based on […]

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Doing business in Russia easier than in Italy or Belgium, World Bank rating shows

Published time: 1 Nov, 2017 10:03 Russia has made one of the biggest improvements in the World Bank’s latest Doing Business rankings. It is ahead of many Western countries including Belgium and Italy, despite facing international sanctions. According to the bank’s annual report, Russia has jumped five spots to 35th place in a rating which […]

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Russia to build pipeline to supply Iranian natural gas to India

Published time: 1 Nov, 2017 10:19 Moscow and Tehran are about to sign a memorandum of understanding to back a new gas pipeline project, according to Russian Energy Minister Aleksandr Novak. The countries will build a 1,200-kilometer long pipeline from Iran to India with the Russian energy major Gazprom developing several Iranian deposits along the […]

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Sexual harassment scandals likely to boost US insurance liability industry

Published time: 31 Oct, 2017 13:51 US corporations are spending up to two billion dollars a year to protect themselves against possible sexual harassment lawsuits from their employees. That sum is likely to rise in light of the current scandal gripping Hollywood. Berkshire Hathaway Specialty Insurance, controlled by a billionaire investor Warren Buffett, has an […]

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