Tag UK

UK Reduces Imports From Russia to Historic Lows

In June 2022, the UK imported goods and services from Russia in the amount of 33 million pounds, which is the minimum in the entire history of observations since January 1997, the country’s statistical office ONS reported, specifying that it is 96.6 per cent less than the average of UK imports from Russia for the

Kremlin Considers Retaliatory Measures in Case UK Sanctions Russian Oligarchs

The British government will submit a bill to parliament that will make possible the introduction of large-scale sanctions against Russia. The Press Secretary of Russia’s President, Dmitry Peskov, said that the Kremlin considers the statements of the British Foreign Minister, Liz Truss, an undisguised attack on business.  “Sanctions are something legitimate and something formalized by

Europe Won’t Receive Oil and Gas in Case Russian Disconnection From SWIFT

Suspending Russia from an international system of financial transactions, SWIFT, could massively backfire on the West, according to the Deputy Speaker of the Russian Senate Nikolay Zhuravlev.  Last Sunday, the British media reported that London considers supporting Russia’s suspension from SWIFT in case of its hypothetical “invasion” of Ukraine. The US officials confirmed the intention

Recommended | Economics | Business  | 17.05.20

Three Russians Included in Top 20 Richest UK Residents

Russian businessmen Alisher Usmanov, Mikhail Fridman, and Roman Abramovich were on the list of the richest residents of Great Britain, according to the rating compiled by The Sunday Times. The Alisher Usmanov’s fortune was estimated at 11.68 billion pounds (almost 1.4 trillion rubles, 7th place). Usmanov is a major beneficiary of USM Holdings, which controls

Recommended | Trading | Business  | 17.03.20

Moscow Products Exported to 126 Countries

In January 2020, the goods produced by Moscow companies were exported to 126 countries of the world, the key importers among which were the UK, the USA, and Kazakhstan, the official website of Moscow Mayor reports.  The total volume of non-primary energy exports of Moscow in the first month of 2020 amounted to 1.96 billion