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Putin introduces bill allowing Central bank to look for foreign accounts of Russian officials
On Wednesday, October 24, Russian President Vladimir Putin submitted a bill to the State Duma allowing General Prosecutor’s Office to work with the authorities of foreign countries to verify compliance with anti-corruption restrictions against Russian officials. The decree was published on the Russian Duma electronic database website.
Russian legislation prohibits high-ranking deputies, civil servants, officials and senators from opening and holding accounts and deposits in foreign banks, or …
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Russia promises to respond to deployment of US troops in Poland
Poland’s plans to deploy a division of the US Armed Forces on its territory will not contribute to stability and the strengthening of the regional security, and if it happens, Russia will have to respond to it, stated Sergey Shoygu, the Russian Defense Minister.
“In such conditions we will have to respond and should be ready to neutralize possible military threats in all directions,” he said during his speech in Minsk at the joint collegium of the Defense Ministry of Russia and Belarus.
The …
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Media: Chinese banks refuse to serve Russians because of sanctions risk
Russians are facing difficulties working with Chinese banks because of sanctions risks, the newspaper Kommersant reported, referring to the record of the meeting of the Sub-Commission on Cooperation in Financial Fields between Russia and China where this problem was discussed.
According to the newspaper, the meeting took place on September 27 to 28 in Shenzhen. The parties discussed “barriers that prevent making interbank payments and opening correspondent accounts.” Moscow persistently raised …
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Media: Italy intends to ask Putin for a bail out
Italian Prime Minister Giuseppe Conte came to Russia on an official visit on Wednesday. Conte is the head of Italy’s populist government which was formed after summer elections as a coalition between the anti-establishment “Five Star Movement” and the anti-migration party “Northern League”.
Conte spoke to Russian Prime Minister Dmitry Medvedev in the morning, and later met with President Vladimir Putin.
During the talks, Conte intended to ask Putin for financial assistance, as he had been …
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Russian insurers refuse to insure Russian space program
Not a single Russian insurance company has bid to insure the upcoming launch of the Progress MS-10 spacecraft with a Soyuz-FG launch rocket. The spacecraft will be sent to the International Space Station (ISS) in November.
This was reported by Interfax, citing documentation from the Russian state procurement website. The client was TsENKI, a subsidiary of Roscosmos, which announced its call for proposals on October 10.
The premium on the contract would be capped at 116.5 million rubles for a …