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Russian investigation: Oil contamination incident resulted from multi-million dollar theft
On Tuesday Russia’s Investigative Committee released the first results of its investigation into the incident where the contamination of Russian oil led to the temporary suspension of oil transit through the Druzhba pipeline, which accounts for around 20% of the country’s oil exports.
According to the investigation, the oil with organic chlorine compounds capable of “eating” pipes and refinery equipment ended up in Transneft’s system as the result of an embezzlement scheme.
The six suspects, …
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Morgan Stanley to withdraw from Russia
In the first quarter of 2020, the American investment bank Morgan Stanley will notify the Bank of Russia that it is ceasing its banking activity in Russia, according to the report for 2018 by the bank’s Russian division.
The bank will surrender its brokerage and depository licenses and close the corresponding departments. Morgan Stanley will convert its remaining business into a company that offers consulting services for investments and property.
The bank’s report notes that, as a result of …
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Congress urges Trump to reinstate Ambassador to Ukraine Marie Yovanovitch
The decision to prematurely recall US Ambassador to Ukraine Marie Yovanovitch has been criticized by the House Foreign Affairs Committee, which is led by members of the Democratic Party, Voice of America reports.
“The Administration is harming American interests and undermining American diplomacy. We call on the Administration to reverse this decision immediately,” said Democrat Congressman Eliot Engel and House Majority Leader Steny Hoyer in a statement.
“Ambassador Yovanovitch is a …
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Russian airline refuses to buy new Superjet aircraft after the fatal crash in Moscow
Yamal Airlines, which already owns 15 Sukhoi Superjet 100 aircraft, decided not to purchase another 10 aircraft identical to the plane that carried 41 people in Moscow on May 5, reports Radіo Liberty.
Russian news agencies quote Yamal Airlines General Director, Vasiliy Kryuk, explaining that they made this decision because of economic reasons.
At the same time, until the end of the investigation into the aircraft crash at Sheremetyevo Airport, Yamal is planning to continue operating the …
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Macron hopes Russia will remain a member of the Council of Europe
During a meeting with CE Secretary General Thorbjørn Jagland, French President Emmanuel Macron said that he hopes that Russia will remain a member of the Council of Europe despite its disagreements with the other members of the organization, reported in Le Figaro.
“I hope Russia will remain a member of the Council of Europe,” said Macron as he welcomed Jagland to the Elysée Palace.
France will take over the presidency of the Council of Europe in mid-May.
Previously, it was reported in the …