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Switzerland expands sanctions against Russia, hits five banks

GENEVA, Aug 27 (PRIME) -- Switzerlands government has expanded its sanctions against Russia by obliging five banks earlier hit by the E.U. to receive permission from local authorities to borrow long-term money in the country to prevent them from avoiding the unions punishment, according to an authority statement released Wednesday.

Russias 20142015 grain exports may rise to 2730 mln tns

Russias Agriculture Ministry forecasts the countrys grain exports in the 20142015 agricultural year to hit a record of 27.530.0 million tonnes, Deputy Minister Andrei Volkov said during a ministry meeting on the grain market and interventions on Tuesday.

Russian govt can support Rosneft without giving money

NOVO-OGARYOVO, Moscow Region, Aug 28 (PRIME)
The Russian government can support oil major Rosneft without spending any money directly, Economic Development Minister Alexei Ulyukayev told reporters late Wednesday.

Russias RUSAL Jan-Jun IFRS net loss narrows to $209 mln

The net loss of Russias aluminum giant UC RUSAL narrowed 52.4% on the year to U.S. $209 million in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said in a report Wednesday.

Expert: Russians become more loyal to use of gadgets in schools

The number of the Russians opposing the use of gadgets in teaching decreased to 28.5% in 2014 from 40% in 2013, analysts of Internet company Mail.Ru Group said Wednesday in a report.
Interview with B&N Bank Vice President Irina Komarova
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