The political crisis in Ukraine hasn't affected the work of the State Oil Company of Azerbaijan (SOCAR) in this country, a senior representative of SOCAR told journalists on March 12 in Baku, Trend has reported.
The following is an analysis of how a four-staged imposition of sanctions by the EU-US could affect the Russian economy should the east-west standoff over Crimea worsen. The author, Chris Weafer, is a long-time Moscow-based analyst and is a highly respect Russia watcher in international investment circles.
The authorities in Crimea plan to nationalize the Ukrainian Black Sea Fleet and Chonomornaftahaz as well as a number of other state subsoil enterprises, Ukrayinska Pravda has reported.
Risk has ratcheted up. It is a statement of the obvious to say that the situation in Ukraine has just become a whole lot more uncertain. A great has already been written about the events of this weekend and every possible scenario has been proposed and discussed.