The recovery of the Russian ruble indicates that the sanctions on Moscow are not serving their purpose, Polish Prime Minister Mateusz Morawiecki said on Saturday. A large number of states, including EU members, imposed restrictions on Russia after it attacked Ukraine in late February. “I must say this very clearly: …
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Hungarian Prime Minister Viktor Orban says there are countries which will not be able to substitute Russian gas with the more expensive American alternative. Speaking to local radio station Kossuth on Friday, the Hungarian PM said Russian gas is his country’s only option, as Hungary is landlocked and won’t be …
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French biathlon coach Simon Fourcade has said it is “counterproductive” to ban Russian and Belarusian athletes from international competition, explaining why he made a gesture of support at the Junior World Championships in America. A member of the Russian team, Yuri Batmanov explained this week how Fourcade had glued a …
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Austria is unable to stop buying Russian natural gas this year, the head of energy giant OMV, Alfred Stern, said in response to calls for European states to place an embargo on Russian supplies. “Embargo on Russian gas is impossible if we are not ready to accept the dire consequences. …
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As part of their unprecedented economic sanctions against Russia, the US and its allies announced last week they were moving to block financial transactions with Russia’s Central Bank (CBR) that involve gold, aiming to further restrict the country’s ability to use its international reserves. RT talked to Sergey Kopylov, a …
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Russian will become one of global football governing body FIFA’s official languages after a vote in favor of the proposal at the organization’s congress in Qatar on Thursday. The FIFA Council submitted the proposal to amend Article 9 of the FIFA Statutes, with 210 members present for the vote in Doha. …
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A massive fire erupted at an oil storage facility in the city of Belgorod on Friday morning, just two days after the same Russian region that borders Ukraine was rocked by a series of blasts at an ammunition depot. The incident happened in the administrative capital of the Belgorod region, located …
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Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy Russian gas, as Moscow switches payments to its national currency, Ilya Ilyin, the head of the banking and financial markets analysis department at Promsvyazbank said on Thursday. “In the event …
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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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The Slovakian Foreign Ministry on Wednesday ordered Russia to remove 35 staff from its embassy in Bratislava, Reuters reported. Countries across Europe are making similar moves to cut Russia’s presence in their capitals. The latest news comes two days after Russia removed three Slovakian diplomats from Moscow, a tit-for-tat response …
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