• Kremlin confirms that Russian private security companies operate in Sudan

    There are Russian private security companies independent of the Russian government that are active in Sudan, admitted Russian Foreign Ministry Spokesperson Maria Zakharova in a press conference on Wednesday.

    Zakharova complained that the western media are still heavily engaged in an anti-Russian campaign based on what she calls “misinformation”, referring specifically to an article in the Times which reported that Russian mercenaries had been involved in suppressing protests in Sudan. The …

  • Citibank to close one third of its Russian branches

    The subsidiaries of foreign banks are continuing to reduce their presence in Russia. Citibank, a subsidiary of the American Citigroup, plans to close one third of its branches in Russia over the course of 2019, board member and consumer business manager Michael Berner told reporters on Wednesday.

    The bank is currently in the top 30 in Russia by assets, and has 22 branches, 12 of them in Moscow.

    “In the first quarter we plan to close two branches in Moscow and one in St. Petersburg, and in the …

  • Bulgaria strips Russian millionaire Serguei Adoniev of citizenship

    On Wednesday, the Bulgarian Ministry of Justice reported that Bulgaria stripped Russian millionaire Serguei Adoniev of the citizenship because he was found guilty of fraud in the USA about 20 years ago. 

    In an effort to join the Schengen Agreement, Bulgaria stated that it plans to stop the practice of selling citizenship to wealthy foreigners in exchange for an investment, which allows them to move freely within the EU. 

    Adoniev is ranked 147th in the list of Russia’s wealthiest businessmen, …

  • Russia begins revision of Union treaty with Belarus

    Moscow has started to revise its treaty from 1999 which established the Union State with Belarus. The work is being done as part of the bilateral integration work group, said Russian Ambassador to Belarus Mikhail Babich on 23 January, as reported by Interfax.

    “The Russian part of the group has started working. They are currently making an inventory of all the terms of the union treaty according to the blocks: economic, social, on the state governance organs, on matters of security and military …

  • Media: Russia agrees to tolerate Israeli attacks in Syria

    After the most recent consultations to prevent conflicts in Syria, which the Russian and Israeli military delegations held last Thursday, the Israeli army’s press service released a generic statement on the “positive and professional atmosphere” in which the meetings took place and their “agreement to continue working together in the spirit of mutual understanding”.

    During the talks, the two sides agreed on the new “rules of the game” which are based on the agreements on the mechanism of …