The air force of Serbia received two Russian Mig-29 fighter jets, as reported by the Voice of America.

According to the publication, at the ceremony at the military airport near Belgrade, the capital of Serbia, President Aleksandar Vucic thanked Russian President Vladimir Putin for Russia's assistance in the development of the Serbian Armed Forces.

In October 2017, Serbia received 6 Mig-29 fighter jets from Russia. In addition, Russia promised to provide Serbia with 30 tanks and about 30 …

India, which has been the largest buyer of Russian weapons in the world market, suspended existing contracts payments to Russia’s arms exporter Rosoboronexport and refused to sign the new ones, including the purchase of fighters and S-400 missile systems.

The newspaper Vedomosti reports, citing sources in the Russian defense industry, that the payments from the Indian government have not been received since April.

Indian banks began blocking transactions after Rosoboronexport and most Russian …

The United States Secretary of State Mike Pompeo held a telephone conversation with the Russian Minister of Foreign Affairs, Sergey Lavrov, during which the two sides discussed the situation with the Ukrainian political prisoner Oleg Sentsov, reported the press service of the Russian Ministry of Foreign Affairs. “Mike Pompeo discussed the issue of Oleg Sentsov’s imprisonment who is accused of involvement in terrorist activities. He was given the relevant explanations,” reads the message.

The …

The new meeting on the Donbas between Kurt Volker, the U.S. Special Representative for Ukraine and Vladislav Surkov, the aide to Russian President Vladimir Putin is being prepared, stated the Russian President’s Press Secretary, Dmitry Peskov.

He said that the forthcoming meeting will be held “to synchronize their watches” because there were no advance plans for resolving the situation in the Donbas. The details and time of the meeting remain unknown.

Last week, Volker and Surkov failed to …

On June 27, the London division of Deutsche Bank sent a letter to the Russian government, threatening to cut business ties unless it is provided with up-to-date information about clients, Vedomosti reports.

The letter says that Deutsche Bank is analyzing the services rendered to the Russian government and the Know Your Customer (KYC) documents in its possession. KYC is the process of identifying and collecting information on a client in order to prevent money laundering and the financing of …

American actor Steven Seagal has registered as an individual entrepreneur in Russia, reported RIA Novosti, citing Seagal’s representative, Anar Reiband.

According to Reiband, Seagal did this to legalize his activities in Russia because he lives and works there most of the time. Seagal has reportedly made a relevant application to the Federal Tax Service of Elektrostal City in the Moscow region where he now lives.

The actor’s representative noted that Seagal has already starred in several …

Sberbank is cutting back on its business outside of Russia, which has been causing it tremendous losses due to US and EU sanctions, reports finanz.ru.

By the end of the year, the largest Russian government bank will have disposed of its subsidiary in Turkey. Denizbank will be sold to Emirates NBD Bank, one of the largest banks in the UAE. A binding agreement has already been signed, Sberbank reported in an IFRS report on Thursday.

The deal is priced at 14.6 billion lira, equivalent to $2.35 …

Thursday, August 23, marks 1000 days since Ukraine imported the last batch of Russian gas, reports Ukrtransgaz, Ukrainian operator of the gas transit system.

In late November 2015, Ukraine refused to purchase natural gas from Gazprom, as the Ukrainian gas company, Naftogaz considered this price too inflated. Import of gas is now carried out via western border.

The rejection of Russian gas allowed Ukraine to begin reforming the gas market and reforming the corporate governance of Naftogaz. For …