Ukraine has “a wonderful lever of pressure” on Hungary via the Druzhba – which translates to ‘Friendship’ – oil pipeline, Ukrainian energy minister adviser Lana Zerkal claimed on Thursday. Speaking during an online discussion at the Kiev Security Forum, Zerkal criticized the policy of the Hungarian government, which is blocking …
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Russia’s expanding presence on the African continent might pose a “worrying” threat to the southern flank of NATO, Spain’s Defense Minister Margarita Robles and British Defense Secretary Ben Wallace stated at a joint press conference in Madrid on Wednesday. African nations such as Libya and Mali see increased activities of …
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President Vladimir Putin said on Thursday that Russia is not going to leave the global economic arena despite Western attempts to squeeze it out. It is simply impossible, he stressed. According to Putin, who was addressing the Eurasian Economic Forum via video link, the countries that are seeking to harm Russia …
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Western nations that are trying to punish others with economic sanctions are overestimating their strength, Russian President Vladimir Putin said during the Eurasian Economic Forum on Thursday. “More and more countries in the world want and will pursue independent policy,” he said at the international event. “No ‘world policeman’ can halt this …
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US tech giant Google has notified several Russian internet service providers of plans to terminate their contracts for servicing Google Global Cache servers, RBC reported on Thursday, citing sources in the telecommunications market. The servers in question are used to speed up the loading of Google pages, including YouTube content, …
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A safe way for ships has been established through the Sea of Azov, according to the Russian military. The route was opened after Moscow reported sweeping sea mines from the area and making the port of Mariupol safe for operation. The passage from the Azov Sea to the Black Sea …
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The European Union has frozen roughly €23 billion ($24.5 billion) worth of assets of the Russian Central Bank, Reuters reported, citing EU Justice Commissioner Didier Reynders, who revealed the figure at a news conference on Wednesday. The amount is much smaller than expected out of the reported $300 billion frozen …
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The Central Bank of Russia cut the key interest rate three basis points on Thursday from 14% to 11%, as inflation in the country shows signs of subsiding, according to the regulator. The move is part of the easing of capital control measures adopted in March to protect the economy …
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Despite sounding the alarm about rising global food prices, the US has no intention of lifting restrictions on Russian trade, US State Department spokesman Ned Price told journalists during a daily briefing on Wednesday. Moscow says they affect its ability to export food and fertilizer, but that is a “lie,” he …
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