Contents tagged with Russia
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Sberbank: Russian Inflation will Exceed 8 Percent in 2016
The Russian bank Sberbank believes that Russia will see a recession and that inflation may exceed 8% this year, as reported by TASS, citing the head of the Center for Macroeconomic Research of Sberbank, Yulia Tsepliaeva. According to her, a decline in consumption and economic growth may also be expected.
“We expect an economic slowdown and an additional year of decline in consumption. Inflation is likely to be high. It is expected to exceed 8%,” Tsepliaeva said.
Tsepliaeva assesses the Bank’ …
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Leading Russian Bankers Hold Emergency Meeting to Discuss Ruble Devaluation
Bankers have asked the Central Bank of Russia to introduce a fixed preferential exchange rate for the Ruble; however, the regulator has refrained from doing so for now.The collapse of the Russian currency was the main reason for holding an emergency meeting of the representatives of the Russian Central Bank and leading bankers of the country on Thursday, January 21st. The importance of the meeting is evident as the Chairman of the Bank of Russia, Elvira Nabiullina, cancelled her trip to the …
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Amnesty International Urges Moscow to Respond to Kadyrov's Statements
Threats made by the head of the Chechen Republic against opposition leaders, the media, and human rights activists have raised the concern of Amnesty International. The organization notes that it's dangerous to do human rights work and openly criticize the government in Russia.
International human rights organization Amnesty International (AI) has urged the Russian authorities to "immediately and unhesitatingly" respond to the harsh statements of the head of Chechnya, Ramzan Kadyrov, which …
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Ukrainian Intelligence: Russia Continues to Supply Arms to Separatists
Officers of the Armed Forces of the Russian Federation are providing training for militants in Torez according to the Intelligence Agency.
"On a training ground near Torez, they are training tank and mechanized infantry units. There are assault troops practicing offensive maneuvers under the leadership of senior officers of the Armed Forces of the Russian Federation who have recently arrived in Torez," the statement said.
In addition, Russia continues to supply pro-Russian separatists in the …
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Ukraine Expands List of Banned Russian Goods
The Ukrainian Prime Minister Arseniy Yatsenyuk indicated that the government has approved the expansion of the list of Russian goods that are subject to sanctions, as reported by LigaBusinessInform.
"Today, the Cabinet of Ministers of Ukraine has decided to expand the list of goods that are prohibited from being imported from the Russian Federation. It's an addition that consists of more than seventy items. This is a countermeasure to the economic aggression of the Russian Federation, and we …
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Tests Show Irregular Levels Of Metal in Kara-Murza's Body
Test results on prominent journalist Vladimir Kara Murza show irregular levels of heavy metals in his system. Kara-Murza mysteriously and famously fell ill in May 2015 due to unknown causes at the time. As his condition steadily worsened and and he received more medical attention, many began to speculate that he may have been poisoned—a standard tactic that has been employed on Russian activists before. His lawyer, Vadim Prokhorov, said that the medical test results have been submitted to the …
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Russian Duma Speaker Calls on EU to Impose Sanctions against Ukraine
The Speaker of the Russian State Duma, Sergey Naryshkin, invited the leading European countries to punish Kiev for their failure to comply with the Minsk Agreements, as reported by the Russian media on Tuesday, January 19th.
At the opening of the spring session of the State Duma, Naryshkin stated that "the position of France and Germany, presiding over the OSCE this year, will become completely constructive and objective. The advocates of extending anti-Russian sanctions will realize that …
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Russia and Saudi Arabia Reach $10 Billion Arms Deal
According to sources in the top management in defense enterprises, Russia is preparing to sell arms to Saudi Arabia; the demand is due to the current conflicts in the Middle East.
Saudi Arabia has long relied on purchases of arms from NATO countries and the US. Now it has expressed interest in Russian missile boats, patrol ships near the sea area, medium landing ships and patrol ships. There are other serious developments as well, sources say.
The Saudis are allegedly negotiating the …
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Kadyrov calls for crackdown on Russian opposition
Chechen President Ramzan Kadyrov is calling for a crackdown on the “jackals” and “enemies of the people” who are opposed to Russian President Vladimir Putin. Kadyrov has made the news recently for his increasingly outrageous comments made towards the “non-systemic” Russian opposition, stating that they should be treated as enemies of the state. The head of Chechnya further elaborated his views on Tuesday in an article written for the pro-Kremlin newspaper Izvestia.
Kadyrov’s diatribe was in …
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Ukraine Urges World to Continue to Pressure Russia
The press service of Ukraine’s Ministry of Foreign Affairs released a statement on Monday to urge other nations to continue to pressure the Russian Federation on the Donbas situation.
"We call upon our international partners not to yield to the deceptive maneuvers of the Russian aggressor, who constantly demonstrates a striking discrepancy between their rhetoric and real actions. Political pressure on the Russian Federation and the use of diplomatic tools and sanctions are critical to return …