Russia’s biggest American investor placed under 2 month arrest in Moscow

Russia’s legal system continues to dampen the country’s already troubled investment climate.

Michael Calvey, founder of Baring Vostok, the largest direct investment fund in Russia with more than 80 projects and $3 billion in capital invested in the Russian economy, was arrested by the Basmanny District Court of Moscow on Saturday and sent to a pre-trial detention center for two months.

A graduate of the University of Oklahoma and the London School of Economics and Political Science, Calvey …


More than eighty-three thousand Ukrainians received Russian citizenship in 2018

Interfax-Ukraine reported, quoting statistics of the Russian Ministry of Internal Affairs, that 83,081 Ukrainians received Russian citizenship in 2018.

In part, from January to December 83,081 Ukrainians received Russian citizenship. Also, during this period, the Russian authorities approved 64,861 residence permits to Ukrainians (currently 170,638 Ukrainians reside in the Russian Federation).

In addition, in 2018, 77,075 Ukrainians received permission to temporarily live in Russia (currently …


Erdogan: Turkey will not cancel S-400 deal with Russia despite US pressure

President of Turkey, Recep Tayyip Erdogan, announced that Turkey will proceed with the purchase of Russian S-400 anti-aircraft missile systems, despite the United States pressure, reports the Hurriyet Daily News. 

"We have concluded our deal with Russia on the S-400. Thus, there can be no question of its cancellation. Everything has been decided," said Erdogan said. 

At the same time, he noted that Turkey remains open for the purchase of the U.S Patriot system, but only under certain …


Kremlin: Russia starts developing intermediate-range ground-based missile

Russia has started developing an intermediate-range ground-based missile, said Russian Deputy Foreign Minister Sergey Ryabkov during a panel session of the 55th Munich Security Conference.

“Russia has begun the scientific and technical and development work in this regard, just like the US,” he said.

Ryabkov noted that, on 2 February, Russian President Vladimir Putin said that Russia will not deploy short or intermediate-range missiles anywhere until American missiles appear there.

“The US …


Lavrov: Russia has no artificial deadlines for peace treaty with Japan

Russia is not setting itself any “artificial deadlines” for signing a peace treaty with Japan, Russian Foreign Minister Sergey Lavrov said at the end of the 55th Munich Security Conference on Saturday.

“Russia has no artificial deadlines whatsoever. We are calmly explaining to our Japanese colleagues that nothing of the sort can be planned,” he said. “We will proceed on the basis of the 1956 Declaration.”

“This stipulates an incontestable first step towards signing a peace treaty,” the …