Report: US firms can ignore St. Petersburg forum over Calvey arrest - Politics & Economy - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: US firms can ignore St. Petersburg forum over Calvey arrest

MOSCOW, Mar 12 (PRIME) -- Executives of U.S. companies and state officials can refuse to participate in the St. Petersburg International Economic Forum (SPIEF) scheduled from June 6 till June 8 due to arrest of investor Michael Calvey, the Financial Times reported on Tuesday, citing sources.

U.S. Ambassador Jon Huntsman said he will not attend the forum unless Calvey is released from a detention center.

According to the Financial Times, several U.S. companies have cancelled planned investor visits to Russia or have asked for consultations about safety of their employees in Russia lately.

The Basmanny District Court of Moscow arrested Calvey and five other defendants for two months in a 2.5 billion ruble embezzlement case in mid-February.

(66.0763 rubles – U.S. $1)


12.03.2019 10:34
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 72.3186 +0.4817 25 may
USD 64.6106 +0.1193 25 may
Stock Market Indices
1D 1W 1M 1Y
rtsi 1279.11 +0.29 18:50 24 may
micex 2619.24 +0.02 18:50 24 may
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 204.50 -2.09 18:49 24 may
lkoh 5240.00 -0.66 18:49 24 may
rosn 423.00 +1.43 18:49 24 may
sber 234.45 +2.25 18:49 24 may
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 72.1000 +0.0775 14:59 24 may
USDTD 64.8200 +0.5275 17:44 24 may