In February 2016, the real disposable income of Russian citizens fell by 6.9% compared to February 2015, as Interfax reported. February’s figures are the latest in a downward trend in the Russian Federation as a consequence of the economic crisis brought on by low oil prices and economic sanctions.

Disposable income in Russia fell by 6.3% in January, 0.7% in December, 5.4% in November, 5.6% in October, 4.3% in September, 5.3% in August, 2% in July, 3% in June, 6.3% in May, 3.9% in April, and 1. …

According to a survey conducted by FleishmanHillard Vanguard and RSPP, 77% of foreign investors marked a deterioration of the business climate in Russia in 2015, as reported by Dozhd with reference to Kommersant.

Only 6% of respondents noted a positive trend in Russia over the last year, while 17% said that nothing had changed.

The sectors that are hardest hit by the economic crisis include the auto industry, construction sector, and electronics manufacturers. Companies that deal with …

Serbia does not intend to join the list of countries imposing sanctions against Russia, the Permanent Representative of Serbia to the UN stated. This comment was made in response to the EU's call to all states to consider the possibility of imposing sanctions against Moscow on the second anniversary of the annexation of Crimea by the Russian Federation.

The First Counselor of the Permanent Mission, Ana Ilic, noted that the President, the Prime Minister and the Minister of Foreign Affairs of …

On Sunday, the United States provided Estonia with ammunition for the FGM-148 Javelin anti-tank missile system, the press service of the Estonian Defense Forces told Interfax.

"This is an important resupply of ammunition which will allow the Defense Force to destroy enemy tank units as large as a brigade," stated the head of the Weapons and Ammunition Support Group of the Estonian Defense Forces Logistic Center, Major Risto Partel.

He noted that the missiles will be distributed to military …

The websites of several Swedish newspapers were attacked on Saturday evening, and their systems were completely brought down, Radio Svoboda reported.

Two minutes before the attack, an anonymous message appeared on Twitter, stating that the attack was aimed at the Swedish Government, as well as the media that “disseminates misleading propaganda”. Immediately after the message was posted, the websites of the Aftonbladet, Expressen, Dagens Nyheter, Svenska Dagbladet, Dagens Industri, Sydsvenskan …

The US's Permanent Representative to the UN, Samantha Power, has assured that the attitude of her country against Russian aggression in Ukraine will not be exchanged for progress in resolving the issue in Syria. She stated this in an interview with Ukrainian TV channel "112", as reported by Interfax-Ukraine.

"One thing I can definitely assure – we really want to work with Russia constructively on Syria... This was the course that we took in Syria, but this in no way implies, and I know that …

On Saturday, the first monument dedicated to Ukrainian soldiers who died during the hostilities in the Donbas region was unveiled in the city of Kryvyi Rih in Dnipropetrovsk Oblast. The opening ceremony was attended by the city residents, combatants with their families and authorities.

As reported by the City Council of Kryvyi Rih, the demobilized fighters, relatives of military victims and volunteers initiated a monument to be built for the soldiers in the city.

The sketch of the monument …

The main contenders for the post of Prime Minister of Ukraine are Finance Minister Natalie Jaresko and Verkhovna Rada Speaker Volodymyr Groisman, as stated by the head of the presidential administration, Borys Lozhkin, in an interview with Ukrainian radio station Vesti.

Lozhkin mentioned that he cannot yet say which of the two contenders will be supported by the parliamentary factions. He acknowledged that many in the Rada do not support the idea of a completely technocratic government, which …