Contents tagged with Kremlin

  • Kremlin tests disconnecting Russia from world internet

    Russian authorities held exercises to isolate the Russian internet segment (Runet) from the global internet, RBC news agency reports, citing sources and materials of the working group "Information Security" under Russia’s Digital Economy national program.

    The exercises, which took place between June 15 and July 15, were attended by Russia’s "big four" internet providers (MTS, Beeline, Megafon and Tele2), as well as Rostelecom, Transtelecom and ER-Telecom Holding.

    "The possibility of physical …

  • Kremlin claims American diplomat stole a railroad sign in Tver region

    The spokeswoman of the Russian Foreign Ministry, Maria Zakharova, said that this spring, an employee of the U.S. Embassy allegedly stole a sign at the Ostashkov railway station in the Tver region of the Russian Federation.

    According to Zakharova, CCTV footage showed that the man who took the sign got into a car with red diplomatic plates.

    Police later stopped this car for a traffic violation. The Russian Foreign Ministry claims that an employee of the American embassy was behind the wheel.

    " …

  • Kremlin publishes Putin’s article claiming that Russians and Ukrainians are ‘one people’

    Russia and Ukraine have been a single economic system for many centuries, wrote Russian President Vladimir Putin in his article "On the historical unity of Russians and Ukrainians", published on the Kremlin's website.

    "Recently, answering a question about Russian-Ukrainian relations during the Direct Line, I said that Russians and Ukrainians are one people, a single whole," Putin writes. “These words are not just a tribute to some conjuncture, current political circumstances. I've said it more …

  • Kremlin accuses the West of trying to ignite economic crisis in Russia

    Western countries are trying to provoke an economic crisis in Russia, which poses a threat to national security, Assistant to the Secretary of the Russian Security Council, Alexander Abelin, TASS reports.

    According to him, Russian authorities should focus on developing measures to bock these attempts.

    Ensuring economic security through strengthening economic sovereignty and countering threats that could harm Russia's national interests is the country's most important strategic national …

  • China praises Russia’s decision to convert its U.S. dollar holdings to yuan

    The Chinese authorities welcome the increase in the yuan's share in the Russian National Welfare Fund (NWF), said at a briefing Chinese Foreign Ministry spokesman Wang Wenbin.

    "We welcome a significant increase in the share of renminbi (the official name of the Chinese currency) in the holdings of the Russian National Welfare Fund. This demonstrates Russia's confidence in China's economic growth and prospects for China-Russia cooperation," he said.

    "We will continue to deepen mutually …

  • Kremlin pushes Russian banks towards imminent isolation from world’s financial system

    The Russian government introduced a bill to the State Duma that would prohibit Russian banks from providing banking information to financial authorities abroad.

    According to the document, banks will be forbidden to send information about customers and their transactions to the financial authorities of "unfriendly countries".

    These measures are intended as a response to the actions of the United States and other countries. Their goal is to minimize the risks associated with the changes in …

  • Number of Russians wishing to emigrate reaches highest level in 8 years

    Emigrant sentiment continues to intensify in Russia as the standard of living declines, the post-Crimean syndrome fades away, and the authorities instead of a brighter future offer the society repressions and a course to "resuscitate" the corpse of the USSR.

    As of May 2021, 22% of Russian citizens said they would like to go abroad for permanent residence, showed a survey conducted by Levada Center.

    In four years, the proportion of those wishing to emigrate has increased by 7 percentage points, …

  • Kremlin retracts statement on plans to remove U.S. dollar from circulation in Russia

    The Russian Finance Ministry has retracted its statement on plans to transfer all of its foreign currency reserves from dollars to euros.

    The RIA Novosti report, quoting Dmitry Timofeev, director of the Department of External Restrictive Measures Control of the Finance Ministry, was retracted by the Ministry.

    The original article stated that the Russian authorities want to make Russia a "euroized country" replacing the dollar with the euro.

    According to the publication, the Kremlin planned …

  • Russia decides to dump dollar reserves amid fear of new U.S. sanctions

    The Russian Ministry of Finance has decided to radically change the structure of the National Wealth Fund (NWF), the head of the ministry Anton Siluanov said at the St. Petersburg International Economic Forum.

    According to him, the fund will completely get rid of investments in U.S. dollars, reduce investments in the British pound, replacing them with the euro, Chinese yuan and gold.

    These financial operations will be carried out by the Russian Central Bank as soon as possible. It will be " …

  • Russia admits its critical dependence on imports of strategic and rare earth metals

    Russia imports more than a third of strategic metals and more than 60% of rare earth metals, with almost 100 percent dependency on imports of some of them, said the Russian parliamentary body of financial control, the Accounts Chamber, in the report “On the Effectiveness of Management of the State Sub-soil Resources Fund in 2018-2020”.

    According to the Russian Accounts Chamber, foreign supplies represent 100% of the economy's needs in titanium, chromium, manganese and lithium, as well as more …