• Saudi Minister of Energy: Sanctions against Russia will affect the global energy market

    During a press conference, Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid Al-Falih said that the new sanctions against Russia can have an impact on the global energy market, RIA Novosti reported.

    “Russia is a big supplier of gas to Europe and oil to China. If this happens, it will affect Europe, China and the world,” the minister said, during a press conference in Baku, where the meeting of OPEC+ Monitoring Committee․

      The committee will evaluate the measures to …

  • German Foreign Minister: Russia's annexation of Crimea a ‘fatal violation of international law’

    On the anniversary of the Crimea’s annexation by Russia, German Foreign Minister Heiko Maas deplored Russia’s actions in the peninsula. “This fatal violation of law is now in its fifth year. Russia tried to shift boundaries by resorting to military force. Those who act like this destroy trust and put in question basic principles of peaceful coexistence,” Maas stated on Twitter.

    Earlier, the Foreign Ministry of the Czech Republic stated that although the Crimea has been annexed by Russia, it is …

  • Georgian Defense Minister: Joining NATO will guarantee national security

    Georgian Defense Minister Levan Izoria said on Saturday in a live broadcast of the TV channel Imedi that he believes integration into NATO will guarantee his country’s sovereignty and security.

    “Georgia has taken a course towards joining NATO, it is our country’s sovereign right. Integration into the alliance is the guarantor of Georgia’s democratic development, the guarantor of security,” Izoria said. He noted that “Georgia is continuing the reforms necessary in order to join the alliance, …

  • Kremlin takes over sanctioned Russian-Venezuelan bank

    The Russian government has decided to take over VTB Bank’s shares in Evrofinance Mosnarbank, which has come under sanctions for servicing payments by the Nicolas Maduro regime in Venezuela.

    VTB’s share in the bank of 25% plus one share, which is held through VTB’s foreign offices and ITC Consultants, will most likely be transferred to the Federal Agency for State Property Management at no cost, VTB head Andrey Kostin announced on Thursday.

    “The decision has been made, and it has been approved …

  • President Poroshenko promises to do everything possible to return Crimea to Ukraine after elections

    President Petro Poroshenko, in an interview with the TV channel Ukraina, stressed that there is no more important task for the Ukrainian government than to ensure the restoration of the territorial integrity, sovereignty and independence of the Ukrainian state, reports the press service of the head of state.

    “We need to understand who we are facing. One of the largest military machines in the world is totalitarian, and today it has set the task of the illegal annexation of the Crimea. And the …