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30 November 2014

The G20-2014 summit in Brisbane (held last November) highlighted the fact that the economic issues are tightly correlated with the political stability. On the last day of the Australian summit, the G20 leaders signed a final communiqué.

24 October 2014

The number of company registrations increases for the seventh straight month in September. According to the data, the number of applications for registration of a new company came to 919 in September compared to 798 in the same month last year, an increase of 15%.

29 September 2014

The relevant bill was passed by 47 votes following days of a well heated debate. Seven deputies voted against and one abstained. Approval of this bill removed any concerns of the external creditors who threatened to refuse the payment of the next tranche of the international financial aid to the island, should the parliament have the regulation cast off.

29 August 2014

Companies registered in «aggressor-states», and their subsidiaries, will not be allowed to operate in Russia. State Duma deputies intend to introduce a new concept in the Russian legislation: «aggressor state». According to some deputies, the law will stipulate that an «aggressor state is the one imposing sanctions against the Russian Federation, Russian citizens and Russian legal entities».

31 July 2014

BRICS countries intend to create an alternative to the existing global financial institutions controlled by the European Union and the United States. The creation of a New Development Bank (NDB) and a Reserve Fund was announced at the summit of this group of major developing economies (held in Fortaleza, Brazil on 14-16 July).

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