Commercial

New railroad link to connect Russia’s St. Petersburg with Germany’s Berlin

Russia and Germany have agreed a new rail link to connect Germany’s capital Berlin with St. Petersburg, which is often branded Russia’s northern capital. The news, first published in the Russian media, was confirmed by Germany’s Federal Ministry of Transport and Digital Infrastructure.

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German WKB Systems Offers Damascus Aerated Concrete to Restore Buildings

DAMASCUS (Sputnik) – German WKB Systems manufacturer offers Damascus to use its aerated concrete to restore buildings destroyed during the civil war, commercial director of the distributor of WKB Systems’ products in Syria told Sputnik on Friday.

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Russia starts exports of locally-produced solar panels to Europe

First batches of Russian-produced solar panels have been supplied to Europe, according to First Deputy Energy Minister Alexey Texler. “Export supplies have been started already, particularly from the Novocheboksarsk plant to Europe,” he said on the sidelines of the Russian Energy Week on Friday.

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Vodka & fur: Limited edition of Russia’s Ural motorbike released in Austria (PHOTOS)

The Austrian dealership for Russian Ural motorbikes has released a limited edition of the iconic vehicle, themed after a Trans-Siberian Express train. The bike is packed with old-fashioned styling and a bottle of vodka. The custom bike, dubbed Ural Transsib, is based on Ural CT model, yet it features a more powerful engine, custom fork, […]

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US trade tariffs are economic sanctions in disguise, says Putin

US steel and aluminum tariffs are in reality economic sanctions, Russian President Vladimir Putin said at his annual Q&A session. “Apparently, our partners thought they would never be affected by such a counterproductive policy related to restrictions and sanctions. However, we see now that it is happening.”

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Beijing May Weaponize Its ‘Invisible Tool’ in Trade War With US – Think Tank

The practice of using “unwritten” rules has been in existence for years in China, making the entry into the country’s market more difficult for foreign firms. With the unfolding trade between Beijing and Washington these rules may be weaponized, warns a think tank.

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US Reportedly Plans to Roll Out Secret Multifaceted Anti-China Plan

With the trade war between two world’s largest economies gaining momentum, there is a genuine risk that all Chinese goods imported by the US will be slammed with new tariffs, being a part of “administration-wide” broadside against China.

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Trump blames OPEC for high oil prices, but his polices drive them up – analyst to RT

The tax and trade policies of Donald Trump are, in fact, what have contributed to the surge in oil prices, a US economics professor told RT, adding that the US President’s tough words to OPEC are a political stunt. On Thursday, Trump accused OPEC’s Middle East producers of “pushing for higher and higher oil prices” […]

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Volkswagen agrees pull-out from Iran to comply with US sanctions – reports

Weeks of negotiations with the Trump administration have ended with carmaker Volkswagen (VW) agreeing to cease most of its operations in Iran, said US Ambassador to Germany Richard Grenell, as cited by Bloomberg. “Volkswagen has told us they will comply with US sanctions on Iran,” said Grenell, adding: “We are pleased with this decision because […]

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India suggests setting up special economic zone for Russian companies

New Delhi wants to encourage Russian investments and has invited the country’s companies to explore business opportunities and strengthen bilateral economic ties, Commerce and Industry Minister Suresh Prabhu has said.

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New Tesla killer: Audi’s all-electric crossover may devour Elon Musk’s lunch

Volkswagen-owned premium brand Audi has unveiled the E-Tron, a battery-powered crossover, which is just about to hit dealerships, making the market of electric vehicles rather more choiceful for eco-friendly enthusiasts. E-tron, Audi’s first electric sport-utility vehicle (SUV), debuted in San Francisco on Monday night.

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Climate Change: Big Ships to Save 2 Weeks Taking Russia’s Northern Sea Route

In an unprecedented traverse of Russia’s Northern Sea Route, a heavy 3,600-container ship is taking advantage of rising summer temperatures and melting ice in the polar regions of the Arctic Ocean to cut two weeks off its delivery time from South Korea to St. Petersburg, Russia.

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Welcome back: Russia reclaims rights to Stolichnaya vodka brand after bitter legal fight

An Austrian court has sided with Russia’s state-backed vodka maker in the battle over the Stolichnaya and Moskovskaya brands, ordering the Dutch-based Spirits International B.V to pay compensation for using them illegally. Stolichnaya vodka has long been one of the world’s most recognizable brands associated with Russia.

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American wheat can no longer compete with new agricultural superpower Russia

US Wheat Associates (USW) has announced the closing of its Moscow office on October 1 due to lack of demand for American wheat in Russia. Since 2016, Russia has been the global leader in grain exports. “With much more public information available about Russia’s wheat supply, we believe it is time to end our mission […]

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German Businesses: Gov’t Should Work More With Eurasia Amid US Protectionism

BERLIN (Sputnik) – The German business community has urged the German government to strengthen its cooperation with the Eurasian Economic Union (EAEU) as a means to respond to the threat of protectionism stemming from the United States, head of the German Eastern Business Association said.

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