Russia

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed financial sanctions on a Moscow-based enterprise that it alleges used a "sanctions evasion scheme" to deliver jet fuel to the Russian military operating in Syria.  OFAC added Maritime Assistance LLC, a front company...

Saudi Arabia suffered a drone attack over the weekend that has global implications for the oil and equity markets, as tensions in the region could escalate to the point of a military response.  Trump: 'Locked And Loaded' U.S. President Donald Trump said in a Tweet the administration...

While a recently announced second round of U.S. sanctions against Russia is expected to have little impact on most exports to Russia, compliance experts warn that any company with commercial activities in Russia should understand the sanctions to avoid running afoul of them. In a notice published...

The VanEck Vectors Russia ETF (NYSE: RSX), the largest Russia exchange traded fund trading in New York, slipped 1.37% Friday, extending its month-to-date decline to over 6%. Late in the day, some positive news for RSX emerged. What Happened On Friday, Fitch Ratings boosted its rating on Russia...

Oil prices were trading lower Tuesday morning despite OPEC and its allies reaching an agreement to extend supply cuts for another nine months. Agreement Reached OPEC and officials from other oil producing countries gathered in Austria Monday to vote on extending the 2017 supply cuts, according to...

Russian parliament has passed a law that would allow the cultivation of psychoactive plants, including cannabis and opium poppies, for pharmaceutical purposes. The move aims to cover the country's needs for painkillers amid sanctions. What Happened In a document from the Russian government...

Interactive Brokers (IEX: IBKR) plans to launch trading on the Moscow Exchange in the coming weeks, founder and CEO Thomas Peterffy tells Benzinga. Interactive Brokers is one of the largest online brokerages in the country, with 8,000 new accounts opened per month. One of its most successful...

In the 1970s, the construction of the Baikal-Amur Mainline (BAM) made headlines around the world as the “construction of the century.” At the time, the BAM was the world’s longest railway under construction and one of the shortest routes from Europe to the Pacific Ocean, South...

A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route (NSR). Although FreightWaves has made inquiries, few details are available at...

Thanks in large part to what have been, until recently, strong oil prices, Russian stocks and the related exchange traded funds are performing well this year. The VanEck Vectors Russia ETF (NYSE: RSX) is up 15.41 percent year-to-date, putting the largest ETF well ahead of the MSCI Emerging Markets...

If you’re looking for exposure to the Russian economy, this career site offers a direct “in.” The IPO HeadHunter Group plc will issue more than 16.3 million shares on the Nasdaq under ticker HHR, according to the firm’s F-1 filing. Priced between $11 and $13.50, the offering...

Special Counsel Robert Mueller's long-awaited report into Russian interference in the 2016 presidential election was released to the public Thursday and drew no conclusion that President Donald Trump committed a crime — but said he is not exonerated. Mueller’s...

Attorney General William Barr said Thursday that special counsel Robert Mueller’s investigation looked at 10 instances of possible obstruction of justice by President Donald Trump and found that the president never deprived the investigation of what it needed — and didn’t have...

A report has surfaced from C4ADS, an organization that reports on global conflict and security issues, about Russia actively sabotaging global navigation networks to safeguard important people like President Putin and also facility protection along the coast of Russia and Crimea in the Black Sea...

Emerging stocks and exchange traded funds are trending higher this year, and Russian stocks are participating in that action. Buoyed by rising oil prices, the MVIS Russia Index (MVRSXTR) is higher by 9.55 percent. However, Russian equities may encounter some near-term headwinds. What Happened Those...