The board of the Central Bank of Russia (CBR) at the policy meeting of June 11 resolved to increase the key interest rate by 50 basis points (bp) to 5.5%, in line with expectations.
The barred US ambassador to Belarus, Julie Fisher, called Belarus the “North Korea of Europe” in testimony before a US Senate Foreign Relations Committee hearing.
The existence of a "greenium" is mostly justified by higher demand for green bonds. We estimate the greenium for each curve separately, ensuring it is not polluted by other factors such as sector or maturity.
Among Yandex's ESG priorities are reducing its carbon footprint, mainly from data centres and fuel use.
The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.
A Moscow court officially outlawed opposition activist Alexey Navalny’s organisation and branded it “extremist”, effectively putting it on a par with a terrorist organisation, on June 9.
Private finance is crucial if emerging economies are not to be left behind in the race to net zero, the IEA warns.
ICG says the "fragility" of the ceasefire has already been highlighted by tensions that "flared in mid-May as Armenia and Azerbaijan disputed new positions established by Azerbaijani forces" close to their shared border.
There is a cost saving to issuing Green. It varies according to circumstances, but the baseline assumption now is for green yields to be below vanilla ones; not by much, but it's persistent enough.
Host cites to raise their profiles just as international travel starts to revive, but little hope of the usual tourism and consumer spending bonanza.
Australian energy storage specialist, Energy Storage, has unveiled its next generation low-cost, long-duration, energy storage unit that the company says offers the same sort of performance as hydro, but is completely mobile.
Russia’s Far North region of Murmansk will become a testing ground for “green” technologies as the Kremlin starts to ramp up its efforts to tackle the climate crisis after a slow start.
US President Joe Biden has invited Ukrainian President Volodymyr Zelenskiy to meet at the White House in July, during a phone conversation between the two presidents on June 7.
Russia’s economy will expand by 4% this year after contracting less than the international economy a year earlier, President Vladimir Putin said at the St Petersburg International Economic Forum (SPIEF)
Yerevan said there was no point in discussing new transportation routes with Azerbaijan while there was so much tension along their border. Baku’s response was curiously muted.
The governing United Russia Party held its “primaries” in the last week of May. The votes were tallied and a party congress will, on June 19, approve a list of candidates for the September Duma elections.
The IEA has said that the road to net zero by 2050 is “narrow but still achievable,” so long as there is no more investment in new coal projects, in order to limit global warming to 1.5C.
Russia will entirely remove the dollar from the basket of currencies in its National Welfare Fund (NWF) as the Kremlin’s drive to de-dollarise continues to gather momentum.
The well respected and widely read VTimes independent news service announced its closure on June 3 after the Justice Ministry designated it as a “foreign agent” last month, the latest in a string of independent news organisations to be attacked.
Russia is starting to overcome production bottlenecks of its Sputnik V coronavirus (COVID-19) vaccine as output capacity tops 30mn doses a month.