The International Olympic Committee (IOC) and Paralympic counterpart the IPC have stained their reputations permanently with their treatment of Russia and it is difficult to see how the organizations can redeem themselves, according to a withering assessment from Russian Deputy Prime Minister Dmitry Chernyshenko. Speaking at a discussion panel at …
Read More »Russia assesses results of recovery from sanctions
Western forecasts about the collapse of the Russian economy as a result of sanctions that were issued in early spring have not come to pass, President Vladimir Putin said on Friday. Speaking at the Saint Petersburg International Economic Forum, Putin said predictions about the collapse of the ruble and the …
Read More »Russia reveals number of foreign combatants fighting in Ukraine
Kiev’s claims that tens of thousands of foreign nationals have traveled to Ukraine to join its fight against Moscow are exaggerated, the Russian Defense Ministry said on Friday. It released what it claimed to be accurate numbers of “mercenaries” fighting on Kiev’s side, including those who have died on the …
Read More »Denmark accuses Russia of ‘unacceptable’ incident
Denmark’s armed forces accused a Russian warship of violating the country’s territorial waters on Friday. With the alleged incursion taking place near a so-called “Democracy Festival,” Foreign Minister Jeppe Kofod accused Russia of a “provocation” and summoned Moscow’s ambassador. The Danish military said the vessel entered its waters without permission shortly …
Read More »Russia doesn’t care about ‘eyes of the West’ – Lavrov
The fate of British fighters captured in Ukraine and sentenced to death as mercenaries is for the Donetsk People’s Republic to decide under international law, and Russia doesn’t care how that looks “in the eyes of the West,” Foreign Minister Sergey Lavrov told UK state broadcaster BBC in an interview …
Read More »UK wants to ‘bring Russia to its knees’ – Lavrov
There is no way of improving Russian-British relations while London wants to bring Moscow “to its knees,” Russian Foreign Minister Sergey Lavrov has said. He was answering a question from the BBC’s Steve Rosenberg on Thursday about the dismal state of relations. “I don’t think there’s even room for maneuver …
Read More »‘Our product, our rules’ – Russia’s Gazprom
The world economy is experiencing a global tectonic shift, with commodities becoming more valuable than money, the head of Russia’s state energy giant Gazprom, Alexei Miller, said on Thursday, adding that from now on it is a case of “our product, our rules.” “The game of nominal value of money …
Read More »Russia should rethink its export-driven economy – central bank
The Russian government should reconsider the way the nation’s export-dependent economy is functioning under the current circumstances, according to the country’s central bank governor Elvira Nabiullina. Speaking at the St. Petersburg International Economic Forum on Thursday, Nabiullina said that a “substantial part” of the country’s industry should work for the …
Read More »Another EU buyer says Russia reduced gas supply
France’s multinational utility corporation Engie said on Thursday that Russia has reduced gas shipments, Bloomberg reports, citing a company statement. Similar announcements have been issued by several European utilities, including Germany’s Uniper, Italy’s Eni and Austria’s OMV. The reduction of supplies to Europe to less than half of the usual …
Read More »Russia to export agricultural products to ‘friendly countries’ only
Russian Minister for Agriculture Dmitry Patrushev said on Thursday that the country’s grain harvest could reach 130 million tons this year, which would be enough to cover both domestic needs and ensure export potential. Speaking on the sidelines of the St. Petersburg International Economic Forum (SPIEF), he pointed to numerous …
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