Uzbekistan to allow foreign tourists to purchase gold bullion

David McHutchon | February 9, 2018
img0 Uzbekistan intends to legitimize the sale of gold bullion to tourists, and facilitate their export abroad, said Aziz Abdukhakimov, the chairman of the Uzbek State Committee for Tourism Development. “Today one of the main trends is shopping tourism, for example, travelers from China and India are very interested in traveling to those countries where they ...

Ethiopia eyes improved trade relations with Russia

David McHutchon | February 9, 2018
img0 Ethiopia said on Thursday that it will seek to strengthen economic and investment relations with Russia to cut its trade deficit with Moscow. Foreign Ministry spokesperson Meles Alem said the current trade relations between the two “historically connected countries” stood in favor of Russia. Ethiopian export to Russia last year totalled about 24.8 million U.S. ...

Global Norilsk Nickel market research report with growth, latest trends & forecasts till 2022

David McHutchon | February 9, 2018
img0 Questale released a detailed assessment of trends in Global Norilsk Nickel market. The research report includes diverse topics like total market size, key market drivers, challenges, growth opportunities, key players etc. We have also covered key market updates, the impact of regulations and technological updates in ,, . New startups entering the space of Global ...

Nornickel invests more than $52 million in new equipment for Kola MMC

David McHutchon | February 9, 2018
img0 The investments would be 50% more than what Nornickel invested in 2017 The Norilsk Nickel Company (Nornickel) in 2018 will invest more than 3 billion rubles ($52 million) in new equipment for the Kola MMC (Mining-Metallurgical Company) in the Murmansk Region. The investments would be 50% more than what Nornickel invested in 2017, the company’s ...

Russian fertiliser tycoon to boost sales in Zimbabwe, Zambia

David McHutchon | February 9, 2018
img0 The logo of Russian fertiliser maker Uralchem is seen on a board at the St. Petersburg International Economic Forum, file. REUTERS/Sergei Karpukhin Russian fertiliser producers Uralchem and Uralkali plan to boost sales in southeast Africa, their co-owner Dmitry Mazepin said on Thursday, after meeting the leaders of Zimbabwe and Zambia Rising commodity prices and dramatic ...

Poroshenko cash manager ICU reaps big profits from government ties

David McHutchon | February 9, 2018
img0 Investment Capital Ukraine chief Makar Paseniuk (C) is at a company event on Dec. 24, 2015. Paseniuk, a U.S.-educated financier, has spearheaded some of the firm’s most controversial and scandal-ridden investments. Photo by icu.ua One of Ukraine’s top investment funds has blurred the lines between public service and private benefit, making millions of dollars along ...

Trump’s ‘energy dominance’ strategy is undercutting Russia’s influence and business in Europe

David McHutchon | February 9, 2018
img0 Donald Trump models a hard hat in support of coal miners during a 2016 campaign rally in Charleston, West Virginia. Mark Lyons/Getty Images President Donald Trump’s administration has started to make some of the first LNG deliveries to Eastern Europe, and it undercuts Russia’s influence and business in the region. By providing an alternative source ...