Igor Sechin, the head of Russia’s energy giant Rosneft, told President Vladimir Putin on Tuesday the company would cut investment by around 200 billion roubles ($2.7 billion), or 21%, this year due to the global output deal.

• June 17, 2020

Fears of a second wave of COVID-19 infections rocked world markets on Monday, knocking down oil prices and a gauge of global equity performance more than 2% at one point, as investors grappled with how to assess the economic recovery.

• June 15, 2020

Turkey and Libya’s internationally recognised government are discussing possible Turkish use of two military bases in the North African country, a Turkish source said on Monday, with a view to a lasting Turkish presence in the south Mediterranean.

• June 15, 2020

Five senior editors at Vedomosti, one of Russia’s most prominent business newspapers, resigned on Monday in protest at the appointment of an editor-in-chief they say has applied pro-Kremlin censorship to its coverage.

• June 15, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

The COVID – 19 pandemic triggered a fierce debate among experts of international relations on the key features of the post COVID-19 world. There are several predictions and assessments – the end of globalization, the enhanced role of nation states, and a shift in global supply chains. It’s too early and difficult to assess what the world will look like decades from now, however, almost all experts have agreed on one thing; there will be no return to the 1990s and the beginning of the 2000s, when the US enjoyed absolute power and unconstrained possibilities. READ MORE

• June 11, 2020

Russian President Vladimir Putin and German Chancellor Angela Merkel discussed Syria’s humanitarian aid needs in a telephone call, the Kremlin said in a statement on Tuesday.

• June 10, 2020

Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse by mid-July, the head of the Nigerian National Petroleum Corporation Mele Kyari said on Wednesday.

• June 10, 2020

Russian investigators said on Wednesday they had detained three managers of an Arctic power station whom it blamed for a fuel spill last month which leaked 21,000 tonnes of diesel into rivers and subsoil.

• June 10, 2020