Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
Whom Does the Beach House Bailout Benefit? Hedge Funds, Venezuelan Expats, Russian Oligarchs
Jun 13 2013 // With Sen. Bill Nelson, D-Fla., expected any day now to reintroduce his proposal to have federal taxpayers backstop the risk of state catastrophe funds, it bears examining just who it is that would benefit from the cheaper...
Lower Ice Levels, Rule Changes to Boost Arctic Northern Sea Route
May 30 2013 // Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic between Europe and Asia by 2030, experts said on Wednesday. With...
Emerging Powers China, Brazil Move Closer to Non-Dollar Trade Pact
Mar 27 2013 // China and Brazil agreed on Tuesday to swap up to the equivalent of $30 billion in each other’s currencies if need be so that their fast-growing commercial ties will not suffer if a new banking crisis causes dollar...
BRICS to Endorse Plans for Reserves Pool, Development Bank
Mar 22 2013 // Leaders of the world’s major emerging economies are likely to endorse plans at a summit next week to create a joint foreign exchange reserves pool and an infrastructure bank, senior emerging market officials said on...
Russia Rebuffs Cyprus Aid; EU Awaits Bailout ‘Plan B’
Mar 22 2013 // Cyprus’ finance minister left Moscow empty-handed on Friday after Russia turned down appeals for aid, leaving the island to strike a bailout deal with the European Union before Tuesday or face the collapse of its...
Aon Benfield February Cat Report:U.S. Winter Storms; Russian Meteor
Mar 6 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disasters that occurred...
Meteor Blast Impacts Russia: AIR Analysis; Insurance Coverage?
Feb 18 2013 // A report from catastrophe modeling firm AIR Worldwide analyzes the factors involved and the damages produced over the Russian city of Chelyabinsk (population: 1 million) on Friday, February 15. In a rare event a meteor...
Russia Arctic Natural Gas Shipping Route to Asia 10 Years Away
Jan 28 2013 // Tanker transport of Russian Arctic gas through the Bering Strait to Asian buyers is at least 10 years away because of ageing infrastructure, vessel shortages and growing disputes over waterway rights. Thawing sea ice...
Zurich’s European Survey Confirms Insurance Isn’t a Luxury in Economic Crisis
Jan 15 2013 // A survey conducted by GfK on behalf of Zurich Insurance Group analyzed how the people in seven different European countries are dealing with their insurance needs in the light of the ongoing economic crisis. Insurance...
Best Affirms Russian Re’s ‘B+’ Ratings; Outlook Stable
Dec 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Russian Reinsurance Company JSC (Russian Re), both with...
Ratings Recap: Transsib Re, First General, Arab Re, TUCI
Dec 13 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Russia’s OJSC Transsiberian Reinsurance Corporation...
US Senate OK’s Russia Trade w/ Human Rights Bill; Angry Russian Reaction
Dec 7 2012 // The U.S. Senate on Thursday approved legislation to punish Russian human rights violators as part of a broader bill to expand U.S. trade with Washington’s former Cold War enemy. Passage of the bill, by a 92-4 vote,...
More Workers Claiming Job Discrimination Over Language, Accents
Dec 4 2012 // More people in the workforce are claiming discrimination over their English-speaking ability or foreign accents, according to federal officials. Workplace discrimination complaints based on national origin — which often...
Lawsuit: Fedex Fires Utah Driver Over Russian Accent
Nov 30 2012 // A Utah truck driver alleges FedEx fired him because of his Russian accent, even though he offered to appear before corporate higher-ups to demonstrate his English-speaking abilities. Ismail Aliyev has filed a federal...
Which Insurance Products Do Europeans Rate Tops? Zurich Survey Answers
Nov 7 2012 // Pressure at work and school, the financial crisis and concerns about their families are keeping Europeans awake at night, according to a survey conducted by Zurich Insurance Group in eight European countries. Getting sick...
Top US Ag Negotiator: Farm Exports Likely Down $1B
Oct 11 2012 // America’s top agricultural negotiator, speaking in Stuttgart, Akr., said that he expects farm exports to be down between $1 billion and $2 billion this year because of the drought. The tighter supply of grains, and...
Ratings Recap: Emirates, Sorford, BF&M, Unity Re
Sep 20 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Emirates Insurance Company P.S.C. (EIC), which is...
Russian Insurance Community Works on Implementing ACORD Standards
Aug 31 2012 // Global standards development organization ACORD announced that a coalition of major Russian insurers, including subsidiaries of Allianz and Zurich, have agreed to work together to implement its standards. “When...
Willis Exec Comments on Russia Joining WTO
Aug 30 2012 // A note from Willis Group Holdings features comments from Ann Longmore, Executive Vice President of Willis’ Executive Risks practice, who analyzes the impact(s) of Russia’s accession to the World Trade...
U.S. Exports Seen at Risk as Russia Enters WTO
Aug 23 2012 // U.S. agricultural, aircraft and other exports to Russia could suffer unless Congress passes legislation soon recognizing the former Cold War enemy is now a fellow member of the World Trade Organization, trade experts and...
