Russian news, notes and thoughts

July, 2014 / RSS notes

29 July, 2014  // July 28, 2014, Permanent Court of Arbitration in the Hague ordered Russia to pay 50 billion USD in compensation to the former shareholders of Yukos Oil Company. The Court acknowledged that the Russian authorities actually expropriated the company from its former owners.

10 July, 2014  // Russia will write off $ 32 billion, which the Republic of Cuba owes Russia on loans granted during the Soviet period. Writing off the Cuban debt is the biggest act of financial debt settlement in the history of post-Soviet Russia. Previously, the largest write-off was with Iraq debt ($ 12 billion).

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The comments of our visitors

Paul Manoli
News reporting
Excellent reporting. Interesting content.

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