Russia warns of nuclear war danger

Moscow believes such a conflict is ‘unacceptable,’ but not impossible, as tensions mount over Ukraine Russia’s starting position is that atomic war should be unacceptable and Moscow successfully persuaded the US and other nuclear powers to agree on that back in January, Foreign Minister Sergey Lavrov outlined in an interview on Monday. However, he added…

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Sanctions could force Niger into default – Moody’s

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Economist points to downside of strong ruble

The Russian currency’s strength may negatively affect other sectors of the economy The combination of a strong ruble and high oil prices will temporarily tame inflation, however, it also could accelerate consumer prices in the future, according to Doctor of Economics Denis Domashchenko, as quoted by the Russian business daily RBC.

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