China has denounced the visit of a Lithuanian official to Taiwan and vowed a resolute response to the move, which it describes as an affront to the ‘One China’ principle, according to a statement by a Chinese Foreign Ministry spokesperson on Thursday. Last week, Taiwan’s Ministry of Foreign Affairs announced …
Read More »Gazprom halts gas supply to Baltic nation
Russian gas giant Gazprom said on Saturday that it has stopped deliveries to Latvia due to “violations of the terms of gas extraction.” This week, Aigars Kalvitis, chairman of gas company Latvijas Gaze, told the media that his country continued to buy Russian natural gas even after refusing to comply …
Read More »Asian nation seeks NATO mission
South Korea is planning to set up a mission to NATO headquarters in Europe, the country’s National Security Adviser Kim Sung-han revealed Wednesday. Seoul, a long-time close ally of Washington, is seeking to bolster its cooperation with the US-led bloc in the face of an “unpredictable” international situation, the official …
Read More »One more nation to adopt euro
The Croatian parliament has approved a law on adopting the euro on January 1, 2023. Lawmakers voted 117-13 in favor of replacing the kuna with the European single currency. Under the legislation, prices in Croatia will be displayed in both currencies from September this year, and used in parallel throughout …
Read More »Baltic nation sees wild surge in consumer prices
The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in April, with prices advancing faster than they have been in decades, according to the latest data revealed by Statistics Estonia. The agency reported that prices for goods and services were 14.4% and 27.8% more expensive respectively in …
Read More »EU nation rejects Russian oil ban proposal
Slovakia warned on Wednesday that it will not be able to agree to the European Commission’s proposal for a ban on Russian oil, and has called for more time to find alternative fuel suppliers. The proposed embargo is part of the latest Ukraine-related sanctions against Moscow that would see crude …
Read More »First African nation adopts Bitcoin as currency
The world’s most popular cryptocurrency – Bitcoin – has become legal tender in the Central African Republic. Lawmakers unanimously voted to adopt Bitcoin alongside the country’s traditional currency, the CFA franc, and the country’s President signed the measure into law on Wednesday, the president’s office said in a statement. The …
Read More »US vows response to China’s presence in this tiny Pacific nation
The United States said on Friday it would respond if China builds a permanent military base in the Solomon Islands, warning such a move would create “significant concerns” after the country signed a security deal with Beijing earlier this month. Following meetings between a high-level US delegation and top officials …
Read More »This tiny island nation proves that the West only believes in its own ‘spheres of influence’
Russia is bad. There is no excuse for attacking Ukraine, and the argument that it was a strategic imperative to stop NATO’s encroachment is just propaganda, right? That’s what every source in the mainstream media will tell you. But oddly enough, that logic never seems to apply when western countries perceive …
Read More »A nation under sanctions: What Iran’s experience can tell us about Russia’s fight against Western pressure
The whirlwind of sanctions directed against Russia has intensified to such an extent that the fallout is being felt far beyond the government agencies involved in Russia’s military offensive in Ukraine. Oil prices have soared in anticipation of shortages, businesses have announced boycotts, athletes are being excluded from competitions, and some Russians are …
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