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US exempts critical Russian commodity from sanctions

Washington has eased sanctions on Russian agricultural products, including fertilizers, placed on Moscow over the crisis in Ukraine. The move aims to protect US farmers from a shortage of chemical products as food prices in the country continue to soar. The Office of Foreign Assets Control (OFAC) of the US …

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Ukraine should not be gifted World Cup spot, insists boss

Ukraine manager Oleksandr Petrakov has dismissed suggestions that his side should be given a place at the 2022 FIFA World Cup in Qatar rather than face potential playoff matches against Scotland and Wales that have been postponed following the start of Russia’s attack on Ukraine. Senior international managerial newcomer Petrakov’s side should have …

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China to restrict visas for US officials

China has decided to restrict visas for a number of US officials in response to similar measures introduced by Washington earlier this month over alleged human rights abuses. “The Chinese side decided to impose retaliatory visa restrictions on certain US officials who spread lies on the issue of human rights, …

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Slovenian Embassy forced to hide its flag in Kiev

The Ukrainian authorities requested that Slovenian diplomats in Kiev remove their national flag from the front of the embassy, claiming it is too similar to the Russian flag, it was revealed on Wednesday. “When we arrived in Kiev, it was quite windy, and when we proudly raised the Slovenian and …

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Anti-Russia sanctions may weaken the US dollar – IMF

Sanctions against Russia could undermine the global dominance of the US dollar, according to Gita Gopinath, the first deputy managing director of the International Monetary Fund. “The dollar would remain the major global currency even in that landscape but fragmentation at a smaller level is certainly quite possible,” Gopinath said …

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NATO bases in Central Asia ‘unacceptable,’ Moscow says

Russian Foreign Minister Sergey Lavrov said on Thursday that any NATO military presence in Central Asia will undermine the security of the Russian-led bloc in the region. The minister made his comment at an Afghanistan-themed summit in Tunxi, China. “We believe it’s unacceptable to have any US and NATO military …

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Gazprom offices searched in Germany – media

The German offices of Russian state energy giant and major gas exporter Gazprom were searched by European officials, Bloomberg reported on Wednesday, citing sources that “wished to remain anonymous.” The raid was conducted amid the investigation into the company’s role in the rise of natural gas prices in Europe, which …

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Spy chief loses job over Ukraine – media

The French government has decided to replace the head of the Directorate of Military Intelligence (DRM), national media reported on Wednesday citing sources. General Eric Vidaud was fired just seven months after getting the job, allegedly for being blindsided by Russia’s attack on Ukraine. Vidaud was appointed military intelligence chief last …

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Russia gives US dollar a SWIFT kick

The Indian government is reportedly considering Moscow’s proposal to turn to the Russian payment system, which allows direct rupee-ruble transfers in bilateral trade. The mechanism developed by the Russian central bank is expected to boost commerce between the two countries by avoiding dollar-denominated trade, and allow the world’s third biggest …

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