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Russia’s foreign currency purchases reach record levels
The Russian Ministry of Finance continues to increase the volume of the operations to buy currency on the market after receiving additional oil and gas income into the budget .
Between February 7 and March 8, the government will funnel 298.1 billion rubles into currency interventions on the Moscow Exchange, the Finance Ministry reported on Monday.
The volume of currency purchases has increased by as much as 18% compared to January, and will be an all-time record for the operations which began …
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Estonia establishes border with Russia
As TASS reports, Estonia has fully completed the layout of the border with Russia. According to the Police and Border Guard Department of the republic, 567 poles have been installed.
It was reported that last spring, the demarcation of the border on Lake Peipus and the Narva Reservoir was carried out and 176 buoys were placed there.
According to calculations of the Ministry of Internal Affairs of the country, the modernization of the eastern border infrastructure cost Estonia 197 million …
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Russia’s largest private bank believes the country is losing GDP annually due to sanctions
The largest private bank in Russia estimated that the Russian economy lost 0.5% of GDP due to sanctions. Because of this, the entire positive effect of the actions of the Central Bank has been negated.As indicated in the report of the chief economist of Alfa Bank, Natalia Orlova, the losses are caused by diminished possibilities in attracting financing from abroad as a direct result of the sanctions on certain companies.
The current US sanctions impose significant restrictions in the provision …
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President of Lithuania: deployment of Iskander missile systems in Russia’s Kaliningrad region poses a threat to Europe
While speaking at a press conference, Lithuanian President Dalia Grybauskaité stated that the Iskander Tactical Missile Systems that will be permanently stationed in the Kaliningrad region of Russia beginning February 5 will be a threat to Europe, Delfi reports.
"Iskander missiles are being stationed in Kaliningrad for permanent presence as we speak. This is not just a threat to Lithuania but to half of all European countries," said Grybauskaité.
NATO believes that the deployment of the …
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Daughter of former Ukrainian Prosecutor General Shokin plans to sue Biden over insult to her grandmother
Former Prosecutor General Viktor Shokin’s daughter Alina intends to sue former US Vice President Joe Biden. She regarded a statement made by Biden to be an insult to her grandmother.
"I have considered the situation of former Vice President Biden's speech, in which he insulted my late grandmother and my father. Considering this concerns my whole family, I am planning to go to court to protect the dignity of my family and show the highest principles of the equality of all American citizens …
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Kremlin prepares bill requiring Russian citizens to monitor foreigner guests
As the newspaper Izvestia reports, Russian citizens and companies will be required to monitor the behavior of foreign guests and partners, so that the purpose of their stay in the country and the terms of the visit correspond to those planned. Otherwise, violators will face fines.
The draft amendments were developed by the Ministry of Internal Affairs and it was supported by the government commission of legislative drafting.
According to experts, it won’t be easy to check whether these …
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Lawyer of the Russian 'King of Spam' claims that conditions in United States prison are torturous
The conditions of detention of Russian citizen Peter Levashov, who is charged with cyber-fraud and was extradited from Spain to the US, can be called "torture", said Levashov’s lawyer Igor Litvak in a conversation with Izvestia newspaper.
The lawyer, according to the newspaper, said that his client was forbidden from calling family members, going out for walks, communicating with other prisoners, taking a shower and reading newspapers. Levashov was not allowed to go to a local store and was …
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Ukraine initiates criminal proceedings against German deputies for visiting Crimea despite travel ban
The Ukrainian Prosecutor's Office of the Autonomous Republic of Crimea has initiated criminal proceedings as a result of the visit of German deputies from the Alternative for Germany (AfD) party to the peninsula.
The case has been initiated on the basis of an appeal from the Embassy of Ukraine in Germany concerning the violation of entry and exit procedures from the Temporarily Occupied Territory (p. 1 art. 332-1 of the Criminal Code of Ukraine prescribes up to three years of imprisonment).
" …
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Putin cancels Kyrgyzstan's debt of $240 million
President Vladimir Putin signed a bill on the ratification of an agreement between the governments of Russia and Kyrgyzstan on the settlement of the latter's debts on loans.
The agreement writes off the remainder of Kyrgyzstan’s debt totaling $ 240 million. Russia already wrote off the first part of the debt, $188.9 million back in 2013. Nevertheless, Kyrgyzstan still owed $300 million.
Since Kyrgyzstan was not able to repay the debt, the countries agreed to write it off by $30 million a …
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US expands 'Kremlin List' to include representatives of separatist LPR and DPR
The U.S. Department of the Treasury has expanded the so-called Kremlin List of Russian oligarchs and close confidants of Russian President Vladimir Putin to include the names of separatist representatives of the Donetsk and Luhansk People’s Republics (DPR and LPR), as reported by Radio Liberty.
According to the report, the list was expanded to include nine ministers and one deputy minister of the separatist-held Donetsk and Luhansk regions as well a former Luhansk official and his family …