WORLD

Relying on import substitution to minimize the effect of sanctions imposed over the Ukrainian conflict doesn’t mean isolating the Russian economy from the rest of the world, Igor Shuvalov, who heads state development corporation VEB.RF, has pointed out, in an exclusive interview with RT. Since Crimea voted to reunite with …

First published in Russian on globalaffairs.ru Russia’s military operation in Ukraine and the consequent economic embargo of Moscow by the West is the largest upheaval in world politics since at least the end of the Cold War. The result will be a complete reformatting of the country’s foreign economic relations …

India’s state-run refiner, Hindustan Petroleum Corporation (HPCL), has bought two million barrels of Russian oil for loading in May, as the country’s refiners step up efforts to secure crude from Moscow at a discount, regional media reported on Thursday. The crude was sold by European trader Vitol and is the …

A number of Russia’s Eurobond holders received coupon payments due this week, Reuters reported, citing two market sources, signaling that Russia has evaded a widely expected external bond default. According to the agency, the payment was made in US dollars. Sources said two creditors have already received their due, while …

Beijing maintains an “independent” stance on the Ukraine crisis, a spokesperson for China’s foreign ministry, Zhao Lijian, said during a press conference on Friday. The remark came in response to threats made by US Secretary of State Antony Blinken, who warned China on Thursday that Washington would “impose costs” on …

Russia’s ongoing military offensive in Ukraine has delivered an “electroshock” to NATO, France’s President Emmanuel Macron said during a press conference on Thursday. The remark came in response to a journalist’s question regarding the president’s 2019 characterization of the military alliance as “brain dead,” and whether the French head of …

There was drama on Twitter between Russia’s and Canada’s representatives to the United Nations on Thursday night, after the Canadian mission sent corrections to the letter in which Moscow had proposed a resolution to the conflict in Ukraine. A post appeared on the official Twitter account of the Canadian mission …

Russia suspects Pentagon-funded bioresearch laboratories in foreign nations, including those in Ukraine, may pose a threat because of the secrecy surrounding their work, Foreign Minister Sergey Lavrov told RT. Washington apparently didn’t want to risk exposing its own people to the pathogenic threat, he suggested. “The Americans some years ago …

Ukrainian former tennis star Alexandr Dolgopolov has accused sports chiefs of being “too passive,” calling on them to ban Russian players from participating in international competitions. While numerous sports federations have suspended Russian athletes and teams following an International Olympic Committee (IOC) recommendation, the International Tennis Federation (ITF) and both the ATP …

British media watchdog Ofcom informed RT on Friday that it has withdrawn its broadcasting license in the UK. The supposedly independent British media regulator has proven itself to be a tool of the government, RT deputy editor-in-chief Anna Belkina has claimed. With its decision Ofcom “has shown the UK public, …