The end of the South Stream pipeline project announced by the Russian authorities made headlines this week. Russia and Turkey decided to increase the current gas supplies to Turkey and build a new pipeline to the republic.
The Russian Central Bank conducted its third largest intervention on the market this week. The move was made in order to hold back on the rubble`s ongoing slide.
And finally on an easier note — we discuss the new online trendsetter — the mobile taxi booking company Uber. The company boosted its valuation to record highs leaving such giants as Twitter and Yahoo way behind.