The project to create a Eurasian high-speed railway line from Beijing through Moscow to Berlin, which the Russian government planned to insert into China’s “New Silk Road” to the EU, is unprofitable.

This was the conclusion reached by China Railway Eryuan Engineering Group (CREEC) after an analysis of the financial and technical conditions of the project.

As RBC reports, citing a source in the government and in Russian Railways, the company presented its assessment to the Russian-Chinese work …

The Russian Defense Ministry has paid for monuments to be erected over the graves of the Pskov paratroopers who were killed in combat in the Donbas in summer 2014. In this way the military department is effectively admitting that Russian soldiers were involved in armed aggression against Ukraine, an article published in the Russian news outlet Novaya Gazeta on June 24 observes.

The authors of the article note that in 2014, nameless graves began to appear in the cemeteries of Pskov and the …

The Austrian newspaper Kronen Zeitung, citing a source, has named the date that the leaders of Russia and the USA will meet in Vienna. According to the newspaper, the summit will take place on July 15, and preparations have already begun.

Kronen Zeitung reported that for the past few days, diplomats from Washington and Moscow have been arriving in the Viennese capital. They are working out the details of the upcoming meeting. To ensure the safety of the leaders while they are in Vienna, …

The United States informed Syrian rebel groups that they should not expect military support to resist the Russia-backed government, whose troops are advancing in southern Syria.

A letter sent by Washington to the leaders of Syrian rebel groups said that the U.S. government would like to make it clear that “you should not base your decisions on the assumption or expectation of U.S. military intervention”, Reuters reports.

Earlier, the United States warned Syrian President Bashar Assad and his …

Foreign investors are continuing to withdraw capital from the Russian equity and bond markets due to the tightening of Federal Reserve System (FRS) policy, the European Central Bank scaling down carry trades, and the risk of a global trade war. Over the week ending June 20, the sell-off rate of Russian securities by non-residents doubled, finanz.ru reports, citing data from EPFR Global (Emerging Portfolio Fund Research).

Cumulatively, foreigners withdrew $520 million, a record amount since …