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Putin promises Egypt $25 billion in assistance
Russia will grant Egypt a loan of $25 billion for the Al Dabaa Nuclear Power Plant, Russian President Vladimir Putin announced at a session of the Valdai Discussion Club in Sochi.
The Russian State Atomic Energy Corporation Rosatom will be providing the reactors for the plant.
“We have great plans to collaborate [with Egypt] in the economic sphere,” Putin said, “This will involve energy, not just hydrocarbon, but also nuclear energy”.
“We are starting to build a nuclear power plant, as you …
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Shoygu and Mattis meet in person for the first time
The Ministry of Defense of the Russian Federation press service reported on Facebook that Russian Defense Minister Sergey Shoygu and the United States Secretary of Defense, James Mattis met in person for the first time at the international summit in Singapore. According the Russian Ministry of Defense, Mattis and Shoygu shook hands at the entrance to the hall before the start of the summit’s official part.
It is reported that the head of the Pentagon expressed condolences to Shoygu in regards …
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US pulls out of Intermediate-Range Nuclear Forces Treaty with Russia
The United States has decided to withdraw from the Intermediate-Range Nuclear Forces (INF) Treaty which it signed with the Soviet Union and its legal successor, the Russian Federation.
The agreement that was signed by Ronald Reagan and Mikhail Gorbachev in 1987 and which heralded the end of the Cold War no longer makes sense, because “Russia has been violating it for many years”, US President Donald Trump said on Saturday.
The INF Treaty stipulated that the Soviet Union, and subsequently …
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OSCE: military actions in the Donbas could be halted in as little as one hour
The First Deputy Chief Monitor of the OSCE Special Monitoring Mission to Ukraine, Alexander Hug stated in an interview with Voice of America that military actions in the Donbas can be stopped within one hour but that it would take much more time to fully complete the conflict.
According to him, after military actions are stopped, other issues of the conflict, including demining of territories or restoration of the economy in Donbas, will have to be solved. Hug noted that the ceasefire has been …
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Washington temporarily lifts sanctions from head of Russia’s space agency
NASA director Jim Bridenstine stated that Washington will temporarily lift sanctions from the head of the Russian state owned corporation Roscosmos, Dmitry Rogozin so that he can visit the US at the invitation of NASA.
“I would like to discuss many questions with Dmitry Rogozin. If we want to establish a good working relationship, then we need to start to fully interact with each other, which in turn, will be good for both countries. We worked in a number of areas, so the Chief Director of …