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US wants to seize Russian billionaire’s planes

A US court on Monday issued warrants for the seizure of two luxury planes owned by Russian billionaire Roman Abramovich. According to a press release by the Department of Justice, the move is part of the recent sanctions issued against Russia over the conflict in Ukraine. Authorities say the American-made …

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Russian ambassador to US claims he was encouraged to defect

Russia’s Ambassador to Washington Anatoly Antonov has revealed that he received a letter inviting him to condemn President Vladimir Putin. The message proposed that he should “give up on his motherland and condemn the actions of the Russian president,” Antonov told Russia’s Channel 1 on Tuesday. “If I wanted to …

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Serbia counts losses from EU’s Russian oil ban

Serbian President Aleksandar Vucic said on Monday his country has incurred significant losses due to EU sanctions against Russia, particularly on oil supply. “Only by imposing sanctions on Russian oil, they [the European Union] directly took $600 million from our pocket!” he said on national television, stressing that the money …

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Value of Russian securities frozen by EU is revealed

Euroclear, one of the world’s largest financial securities transactions companies, has blocked about $27 billion worth of securities belonging to Russians, according to strategists at ITI Capital. Frozen assets held by foreign investors reportedly exceed $85 billion. The Belgium-based settlement and clearing organization announced the suspension of transactions with Russian …

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India wants more Russian oil – media

India is negotiating with Russian state oil major Rosneft to increase oil supply to the country, Bloomberg reported on Monday citing sources. According to the article, Indian state oil companies and Rosneft are “collectively working on finalizing and securing new six-month supply contracts for Russian crude to India.” The companies …

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Russian FM reacts to being barred from foreign visit

Russian Foreign Minister Sergey Lavrov on Monday slammed NATO and the EU for using the lowest means to pressure other countries. The statement came after Bulgaria, North Macedonia, and Montenegro closed their airspace for the diplomat’s plane heading to Serbia. “The unthinkable has happened,” Lavrov said on Monday, when asked …

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German industry warns against Russian gas embargo

An embargo on Russian gas would hurt Europe and its industries, Christian Kullmann, the head of the Chemical Industry Association and CEO of Evonik Industries AG, Germany’s second largest chemical company, said on Saturday. “The industry is deprived of the air that it needs for breathing, or rather, the gas …

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Russian side Anzhi Makhachkala set to fold

Anzhi Makhachkala, the Russian side who once boasted the likes of Samuel Eto’o, Willian and Roberto Carlos among their ranks, look set to fold after they were reportedly denied a license to compete in the third tier of Russian football.  According to a report by Russian Football News, the Dagestan-based …

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