Tag: Moscow

Nigeria says producers to meet in Moscow, sees dramatic impact

The Mar 3, 2016/Reuters By Camillus Eboh Some members of OPEC plan to meet other oil producers in Russia around March 20 for new talks on an oil output freeze, Nigeria’s petroleum minister said on Thursday, forecasting the meeting would spark a dramatic reaction in crude prices. Nigeria has been […]

Russian bailout wins Ukraine economic respite but deepens political rift

Ukraine’s President Viktor Yanukovich has secured a $15 billion bailout from Russia, offering respite for an economy heading ever closer to default but also drawing accusations he has sold his country out to its former Soviet master. By grasping the lifeline thrown by Russian leader Vladimir Putin, Yanukovich reignited demands […]

Lagarde Reiterates Continuous Recession in Euro Area

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF), has reiterated continuous  recession in Euro Area.   This is coming on the heels of the conclusion of the Group of 20 Finance Ministers and Central Bank Governors meeting in Moscow.   According […]