Russia

Russia Avoids Default After J P Morgan Process Funds

Russian Finance Minister Anton Siluanov underlined this week that the country will settle the bill in rubles should the dollar transfer fail. But this has led to concerns as for the time being, Russia has managed to avoid default after J P Morgan processed the funds.

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Russia To Build $10 Billion Nuclear Sites In Iran

As part of concessions provided in the soon-to-be-announced nuclear agreement that would ensure sanctions on both countries are withdrawn, Russia’s main state-controlled energy business is poised to cash in on a $10 billion contract to build out one of Iran’s most contentious nuclear sites.

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