Putin announces he will run in 2018 election

Russian President Vladimir Putin, at a meeting with employees of the GAZ car plant in Nizhny Novgorod, said he would run for office in March 2018, reported Vedomosti.

"I will be a candidate in the presidential elections,” Putin told one of the workers of the GAZ car plant. In turn, the worker asked Putin to give the workers such a gift and assured him that they would all support him.

This  will be Putin’s fourth term.

Earlier, others other candidates announced their intention to run for the …


Japan to equip its warplanes with long-range cruise missiles

The Government of Japan is considering mounting air-to-ground cruise missiles on national Air Self-Defense Forces’ fighters to protect against the North Korean threat, as reported by the newspaper, Asahi.

It is noted that the associated research costs will be included in the fiscal 2018 budget plan (which starts on April 1, 2018).  According to the newspaper’s source, the government is especially interested in the acquisition of Lockheed Martin Corp's JASSM air-to-ground missile which has a …


Ukraine and China agreed to implement $7 billion worth of joint contracts

Ukraine and China agreed on deepening cooperation at a meeting between the Prime Minister of Ukraine, Volodymyr Groysman and Vice Premier of the State Council of the People’s Republic of China, Ma Kai, according to the Ukrainian government’s website.

“As Ukraine and China celebrate 25 years of diplomatic relations they reach for a new strategic level of cooperation that envisages the implementation of joint projects worth approximately USD 7 billion,” the statement read.

Ma Kai stressed that …


Media: Kremlin considers establishing special bonds to allow Russian oligarchs to bring their wealth back to Russia

A special refund mechanism for returning money back to Russia may be developed for businessmen who fear new sanctions.  The plan envisages special bonds in currencies with high yield.

The idea was initiated on December 5th by a group of wealthy Russians who have assets abroad, Reuters reports. The newspaper cites anonymous sources in the state-owned companies and in the financial markets, one of whom describes the idea as absurd. The refunds would be issued in foreign currency bonds with …


UN wraps up Donbas food program

The UN World Food Programme (WFP) has decided to stop providing food and other humanitarian assistance to people of Ukraine affected by the Donbas conflict, as reported by a representative of the humanitarian organization.

According to the spokesperson, the cessation of the supply of aid to the east of Ukraine in the next two months is due to a lack of funding for the WFP.

According to the speaker, it has become increasingly difficult to continue implementing programs in Ukraine due to …