G7

page 9

Prospects of the ruble

Prospects of the ruble

As of 8.10pm at the Moscow Exchange, the dollar rate was fixed at 56.25 rubles, the euro at 63.34 rubles. Alexander Arshavsky, an associate professor of the RANEPA M.A. Limitovsky Chair of Corporate Finances, Investment Projecting and Assessment, said that the demand for currency had risen due to the need to pay for corporate sector external debt, oil prices had fallen. In his opinion, no additional demand for currency will be seen due to the dropping tourism flows.

Putin's spokesman says G8 cannot solve world problems

Putin's spokesman says G8 cannot solve world problems

Russian President Vladimir Putin's Spokesman, Dmitry Peskov, said that neither the G7 nor the G8 could solve the world's problems effectively. In his words, Putin was cooperating in more productive formats, RIA Novosti reports.

Obama has no political solution to anti-Russian sanctions

Obama has no political solution to anti-Russian sanctions

US President Barack Obama said at a press conference after the G7 summit in Germany that sanctions had no political solution, their extension was a matter of technical debates, RIA Novosti reports.Obama expressed commitment to supporting Ukraine and fulfilling the Minsk Agreements.

G7 can turn into G12 or G14

G7 can turn into G12 or G14

Helmut Schmidt, the former German Chancellor, has proposed adding several countries to the current summit of the G7. 

G7 wants Russia back

G7 wants Russia back

All the participants of the G7 summit, which opens today in Garmisch-Partenkirchen, Germany, would prefer to see Russia at the table of the forum of the 'Seven', but it will not happen as long as Russia continues to "act aggressively against Ukraine or other countries," the chairman of the European Council, Donald Tusk, said today at a press conference before the start of the summit.

Ban Ki-moon to start Central Asia tour

Ban Ki-moon to start Central Asia tour

The official representative of the UN Secretary General, Stephane Dujarric, said that Ban Ki-moon will take part in the G7 summit in Germany, after which he will start his tour of Central Asia countries.

Germany says G7 format is temporary

Germany says G7 format is temporary

German Foreign Minister Frank-Walter Steinmeier said that Russia could be re-admitted to the G7 after demonstrating its commitment to the Minsk Agreements. German Chancellor Angela Merkel added that Russia's absence from the G7 summit was necessary. She noted that the fights in the east of Ukraine and the annexation of Crimea by Russia broke the peace created after WWII.

Steinmeier: world needs G8, not G7

Steinmeier: world needs G8, not G7

Steinmeier: world needs G8, not G7Europe needs Russia to come back in G8, German Foreign Minister Frank-Walter Steinmeier said.“We need Russia to settle the frozen conflicts in Europe, Syria, Iraq, and Libya and also in dealing with issu

Schroeder: Europe has no alternative to Russia

Schroeder: Europe has no alternative to Russia

The G-7 leaders' decision not to invite Russia to their forthcoming summit in Bavaria on June 7-8 is a misstep, former German Chancellor Gerhard Schroeder said."I think it was a mistake not to invite the Russian President to the G7 summit," he stressed.According to Schroeder, "Russia has an alternative to Europe, but not vice versa."He also confirmed his friendly relations with President Putin. 

What is the EaEU today?

What is the EaEU today?

Alexander Gusev: “The EaEU development vector is directed to accounting for the interests of China and the countries composing the Union”

Abe Shindzo to visit Chernobyl

Abe Shindzo to visit Chernobyl

In early July during his visit to Ukraine, Japanese Prime Minister Shinzo Abe is considering an opportunity to visit the site of the Chernobyl nuclear power plant.