Moody’s, the American rating agency, has lowered the forecast of the Russian GDP to 2.5%.  This is according to press release by Moody’s, as reported by the RBC news agency on the 18th of February.  The previous forecast had assumed a 1% decline in the GDP.

Moody’s has also adjusted the forecast of Brazil’s GDP to 3%, Saudi Arabia’s GDP to 1.5% and South Africa’s GDP to 0%.  According to Moody’s, the reason for changing the forecasts of the main oil-producing countries, such as Saudi Arabia …

Mexico has officially recognized that the Titan-2 crane vessel registered in Crimea belongs to the Kiev-based company, Chornomornaftogas.  This was reported by the Naftogaz of Ukraine press service.

The vessel was hired by a Swedish company in 2003 as a bareboat charter.  In 2011, the Swedish company sub-chartered it to Mexican company, Oceanografia SA de CV.  However, after a while the Mexican company went bankrupt and the vessel was expropriated by the Mexican financial authorities. …

Moscow has hinted that they will not cooperate further with the International Criminal Court of The Hague (ICC) in its investigation into war crimes committed in Georgia in 2008 following the Court's announcement that all parties involved will be held accountable.

Last month, the ICC made the decision to start an investigation into the war crimes committed in Georgia in August of 2008. The Court stated that “such crimes include murders, crimes against humanity, unlawful deportation, …

The European Commission has introduced a new version of the proposal to create an Energy Union designed to reduce European dependence on Russian gas, as reported in a press release from the European governing body.

The proposal calls for the provision of several standards to ensure the security of the energy supply. In particular, it is proposed that the principles of solidarity are imposed, if necessary, to provide an emergency energy supply. This would involve the improved coordination of …

On the 17th of February, the Prosecutor in the Railway Court of Ekaterinburg City in Russia requested a year of community service for Catherine Volgozheninova.  The Prosecutor also requested a deduction of 10% of her earnings in the state income.  She is accused of extremism and reposting extremist content on the social network site Vkontakte.  Volgozheninova is a store clerk and a single mother.

The Prosecutor explained that Volgozheninova received this lenient sentence as she has a small …