Five countries sign convention on legal status of Caspian Sea
The leaders of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan, the five countries bordering on the Caspian Sea, have signed a convention on the legal status of this sea which determines the general principles of its allocation, but does not contain specific data.
The convention aims to resolve the disputes between these countries, which have been under discussion for more than two decades.
Russian President Vladimir Putin said that resolving the legal status of the Caspian “will create …
Russia confirms its ship blocked in Ukrainian port
The Russian tanker Mechanic Pogodin was blocked on arrival to the port of Kherson, the Russia’s Commissioner for Human Rights, Tatyana Moskalkova told TASS news agency.
"I had a second telephone conversation with an authorized representative of the Verkhovna Rada of Ukraine. On my request, Lyudmila Denisova found that there 12 Russian sailors on board the tanker who did not leave the ship. They have food, water and medicines," said Moskalkova.
There are no administrative or criminal claims to …
Russian ruble wiped out by capital outflow
The Russian currency market continues to sink due to the risk of sanctions and the outflow of foreign capital, finanz.ru reports.
After gaining 2.05 rubles on Wednesday, 1.11 on Thursday, the US dollar gained a further 1.24 rubles during trade on Friday, reaching 67.8975 rubles, the highest since April 18, 2016. The euro appreciated by 48 kopeks for the day and 3.11 rubles since the start of the week, updating its 4-month high to 77.43 rubles.
There is a growing lack of foreign currency in …
Turkey wants to trade with Ukraine and Russia in national currency
Turkey is preparing to carry on trade in national currencies with its largest trading partners, such as Ukraine, China, Russia and Iran, writes Kommersant newspaper.
According to Turkish President Recep Tayyip Erdogan, if European countries want to get rid of the dollar "shackles" then Ankara is ready to create similar trade system with them.
Turkey does not accept the world order in which the world has declared an economic war, and countries are pressured by the threat of imposing sanctions, …
Tehran speaks of ‘economic war’ against Iran
Against the backdrop of US sanctions against Iran, the high cost of living and suspected corruption, Tehran believes that the country is facing an “economic war.” The Chairman of the Supreme court Ayatollah Sadegh Amoli Larijani wrote a letter about this to the Iranian spiritual leader Ayatollah Ali Khamenei, as reported by the state television channel of the Islamic Republic on Saturday, August 11th.
“The current specific economic conditions can be considered an economic war,” pointed out …