• Volker: US waiting for Zelensky’s promised reforms

    During a broadcast of the Ukrainian TV Channel Pryamoi , US Special Representative for Ukraine Kurt Volker said that the US is waiting for Ukraine to form a new government and implement the declared intentions before Ukrainian President Volodymyr Zelensky visits Washington.

    “The US government will gladly support the initiatives which Mr Zelensky announced during his election campaign and which are being voiced today, as the government is being formed. These are the promises to continue reforms …

  • Ukrainian naval vessel enters Russian military exercise zone

    The Ukrainian Navy’s small reconnaissance vessel the “Pereyaslav” entered the zone where Russia’s Black Sea Fleet was conducting drills, Colonel Andriy Ryzhenko, the Navy’s deputy chief of staff for Euro-Atlantic integration, said in a broadcast of UA.TV.

    During the period when the exercise was being conducted, the Ukrainian vessel was returning from the NATO Agile Spirit – 2019 exercise in Georgia.

    “I could say that we took the recommended routes, but there were various options, primarily it …

  • U.S. tries to dissuade Ukraine from cooperating with China

    During his visit to Ukraine on Tuesday, U.S. National Security Advisor John Bolton confirmed that he will try to convince the Ukrainian authorities of the danger of cooperation with China.

    However, Bolton declined to comment on matters related to the sale of Ukrainian manufacture of airplane and helicopters engines, Motor Sich, to Chinese investors.

    He did not confirm, but also did not deny media reports, that the U.S. will try to block the sale of the Motor Sich with a subsequent transfer of …

  • Russia launches program to upgrade strategic aircraft

    Russia’s strategic bombers are being upgraded at an accelerating rate. The first thoroughly modernized Tu-95MSM bomber will be tested in 2019, and by the end of 2020, the first Tu-160M strategic bomber built from scratch will take to the sky, reports Lenta.ru, citing Russian Minister of Trade and Industry Denis Manturov.

    In parallel with the construction of the first batch of heavy Tu-160Ms, Russia’s aircraft industry will upgrade the already built Tu-160s to the same level. Preparations are …

  • Erdogan arrives in Moscow for talks with Putin on Syria

    Turkish President Recep Tayyip Erdogan has arrived in Moscow in an attempt to overcome growing differences between the two countries over Syria.

    Turkey wants Russia o end support for Assad's forces in Idlib province.

    Last week, Erdogan warned that Syrian government offensives in Idlib on armed groups of Assad's opponents posed a threat to Turkey's national security.

    Last September, an agreement was signed in Sochi between Moscow and Ankara, which prevented the Assad regime's offensive in …

  • Russia raises concern about Israel’s attack on Lebanon

    Russia is alarmed by the escalation of the conflict in the Middle East following an Israeli drone strike on the Hezbollah party’s press center in Lebanon, the Russian Foreign Ministry said in a statement.

    “Moscow is seriously concerned by the further escalation of tension in this region,” the Russian foreign policy department observed. “Russia has repeatedly pointed out the danger of such actions in the critically tense regional atmosphere, and warned that they could lead to a large-scale …

  • Russian oil giant Rosneft loses one third of cash flow due to ‘dirty oil’ scandal

    The chloride-contaminated Russian oil scandal, which resulted in nearly a month of downtime on the Druzhba oil pipeline and more than a million tons of substandard oil being returned to Russia by European consumers, has significantly impacted Rosneft’s financial results, finanz.ru reports.

    At the end of the first half of the year, Russia’s largest oil extraction company reported a sharp decline in cash flow and a more than 70% decrease in cash reserves.

    Between January and June, Rosneft …

  • Norwegian seismologists: Severodvinsk incident may have involved two blasts

    According to representatives of the Norwegian Seismic Array (NORSAR), there may have been two explosions two hours apart in northern Russia on August 8.

    The blast, which took place during the testing of a rocket engine and killed five Rosatom employees, caused a second explosion two hours later. According to the Norwegian researchers, the second one was more likely the source of the radiation emission. NORSAR believes that the second blast may have come from a cruise missile with radioactive …

  • Media: Russian military and Hezbollah behind major drug trafficking in Middle East

    Russia has complete control over the Syrian coast, and Russian officers together with Hezbollah monopolize the drug smuggling route in the Middle East, writes the Lebanese news outlet Al Modon.

    The drugs come from the Lebanese province of Beqaa to the Syrian Port of Latakia, Assad’s bodyguards get “something” from the Lebanese militants, take the bags to the port and hand them over to the Russians, who load them onto ships and send them, presumably, to Russia or China.

    The Syrian president’s “ …

  • Russian oil giant Rosneft converts nearly all its foreign currency reserves to dollars

    The Russian oil company Rosneft has reduced its euro-denominated investments to an absolute minimum, disposing of 90% of its liquid euro-denominated assets, according to the company’s second quarter report.

    While at the start of the year, Rosneft’s “foreign currency cushion” was 43% in euros and 57% in US dollars, by June 30, the American currency accounted for 89% and the European for only 11%.

    In half a year, Rosneft’s total euro-denominated assets plummeted by nearly 90% from €5.9 to €0.7 …