India to purchase S-400 anti-aircraft systems from Russia for $5 billion
India agreed to purchase five regiments of S-400 Triumf air defense systems from Russia worth about five billion dollars, stated Yuri Ushakov, Aide to the President of the Russian Federation, Rossiyskaya Gazeta reports. The systems can be delivered in October after the agreement is officially signed during the Russian President’s visit to New Delhi.
At the end of July, Reuters reported that the USA opened the way for India to avoid sanctions for purchasing Russian military industrial products. …
Vucic: Serbia doesn’t want to be a part of NATO
Serbia does not wish to join NATO. It wants to maintain its military neutrality, said Serbian President Aleksandar Vucic after a meeting with Russian President Vladimir Putin.
As TASS reports, the presidents of the two countries discussed the situation in the region, focusing on Serbia’s position regarding the North Atlantic alliance. According to Vucic, his country is “in good relations with all military alliances, including NATO, but Serbia has no desire, no wish to join NATO.”
“Serbia …
EU to restrict cash movement for Russian oligarchs and officials
The EU authorities have decided to control more strictly the movement of large sums of cash in light of an incident in which Russian senator and billionaire Suleyman Kerimov is believed to have brought nearly €900 million in cash into France in order to launder it through purchasing property on the French Riviera.
On Tuesday, the Council of the EU confirmed a new customs control regulation to combat the movement of shady capital and money laundering. Persons bringing amounts greater than €10,00 …
Syria to involve Russia in construction of railway to Iraq
Russian companies will take part in the restoration of the railway network in Syria, as well as the construction of a new branch that will stretch across the entire country, stated the chief of the Damascus branch of the Syrian Railways (SZD), Radvan Tikriti, reported RIA Novosti.
“The SZD goal is to restore connections between the provinces, as well as link them with neighboring countries, bringing routes to the border with Iraq and in the future to the border with Turkey. Plan also includes …
Putin supports the plan to stop using the US dollar in Russia
The head of the Russian bank VTB Andrey Kostin stated that the Russian President Vladimir Putin “mostly” supported his proposal to stop using the US dollar, RIA Novosti reports.
We do not intend to completely abandon the dollar, said Kostin. According to him, the proposal recommends a gradual transition to transactions in other national currencies, for example, between the countries of the Eurasian Economic Union and in specific areas such as weapons.
“This is a long-term plan and is aimed …