Contents tagged with Russia
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World Bank cuts Russia's economic forecast
The World Bank predicts that the Russian economy will shrink 1.9%, a poorer estimate than the December forecast which estimated a dip of only 0.7%.
The worsening of the forecast is due to a revaluation of oil prices for 2016. In the previous forecast the bank assumed that the average oil price would be 49 dollars per barrel. According to the bank’s new estimates, the average oil price this year will be about 37 dollars per barrel.
The new WB forecast also anticipates 1.1% growth in the …
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Yatsenyuk intends to introduce ban on oil products from Russia
Ukrainian Prime Minister Arseniy Yatsenyuk intends to introduce a ban on the import of oil products from Russia. He stated this on April 6th during a meeting with the government. Ukraine has established strict sanctions on goods from Russia after the annexation of the Crimean peninsula in 2014 and because of Moscow's support for separatists in eastern Ukraine. Russia responded with its own ban on Ukrainian goods.
At a meeting with the government in Kiev, Yatsenyuk said that "we have introduced …
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Putin: The publication of the Panama Papers is an attempt to destabilize Russia
Russian President Vladimir Putin made his first comments on the investigation of the International Consortium of Investigative Journalists, calling it “nonsense”, Dozhd reported.
“The publication of the ‘Panama Papers’ is an attempt to destabilize the situation in the country,” Putin stated. “The easiest way to do this is to motivate people to distrust the authorities.”
The International Consortium for Investigative Journalism (ICIJ) recently published a report highlighting the ways in which …
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Gazprom has accepted Georgia's terms on the transit of gas to Armenia
Georgia, as before, will get 10% of the total volume of Russian gas supplies to Armenia as transit fees according to the agreement signed by the Russian corporation, as reported by the Ministry of Energy of Georgia."The text of the contract has already been agreed upon. The Ministry of Energy received the contract and sent it to the Ministry of Justice for legal assessment. The contract will then be submitted to the government for approval. Only after that will the contract come officially into …
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Erdoğan: Russia is a party to the conflict in Nagorno-Karabakh
The President of Turkey, Recep Tayyip Erdoğan, believes that Russia is involved in the Nagorno-Karabakh conflict. “Russia said that Turkey is a party to the Nagorno-Karabakh conflict. Indeed, Russia is a party to the conflict,” Erdoğan stated. Reuters quotes Erdogan as saying that Russia was involved in the conflict in Georgia, in Ukraine and now the conflict in Syria as well.
Earlier, the Foreign Minister of Russia, Sergey Lavrov, stated that Russia doesn’t find Turkey responsible for the …
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Savchenko's mother says Russia is ready to exchange her daughter if Ukraine recognizes the sentence
The Russian Federation is ready to exchange Ukrainian serviceman and People's Deputy of Ukraine, Nadiya Savchenko, if Ukraine recognizes the sentence of the Russian court, according to Savchenko`s mother, Maria Savchenko, as indicated in an interview with the Associated Press.
"They [the Ukrainian government] want to do an exchange. But Russia has two conditions: to recognize the validity of the sentence by the Russian court and to exchange her for others [Russian prisoners in Ukraine]," Maria …
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Sargsyan: Russia remains Armenia's strategic partner despite supplying weapons to Azerbaijan
According to Armenian President Serzh Sargsyan, the Kremlin remains a strategic partner of Armenia, despite the fact that Russia supplies arms to Azerbaijan, as reported by Sputnik.
"It's a fact that Russia is our strategic ally and we are a member of the CSTO (Collective Security Treaty Organization). We are sensitive to the fact that Russia and other CSTO countries continue to supply weapons to Azerbaijan. But, as you know, our abilities to resist this are limited," Sargsyan said.
On April 2 …
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Die Welt: German intelligence agencies to strengthen defense against Russian spying and propaganda
German Sunday newspaper Welt am Sonntag reported that the Federal Government of Germany is planning to strengthen measures for the fight against spying, propaganda and misinformation from Russia. According to Welt am Sonntag, the Federal Intelligence Service of Germany and Federal Office for the Protection of the Constitution will report on activity of Russian Security Services in the Federal Republic of Germany.The high-profile alleged rape of the German teen “Liza” became a catalyst for …
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Russia asks OSCE and UNESCO to intervene to protect Soviet monuments in Poland
Members of the Civic Chamber of the Russian Federation appealed to UNESCO and the OSCE in connection with the fact that, according to their opinion, Poland's intention to dismantle the Soviet monuments are in violation of the agreement on the protection of historical monuments and graves signed in 1994. This statement was made on April 4 by the Chairwoman of the Civic Chamber Commission on Development of Public Diplomacy and Support of Russian Compatriots Abroad, Elena Sutormina, as reported by …
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Ukrainian Border Guard Service continues to report presence of Russian aircraft near administrative border
The State Border Guard Service of Ukraine reported new cases of Russian helicopters flying near the administrative border with Russian-annexed Crimea. "Border guards of Kherson region noticed two Russian Mi-8 helicopters that were flying over the temporarily occupied territory of Crimea," the Ukrainian agency reported.Kherson declared the strengthening of security measures after the intrusion of Russian aircraft. The State Border Guard Service of Ukraine reported that on March 23rd, Russian Mi-8 …