• Russia provides $200 million arms loan to Armenia

    Moscow and Yerevan have reached an agreement that will provide Armenia with $200 million to purchase Russian arms, according to the Russian government’s official legal data website.

    "The Russian side is providing the Armenian side with a state export loan of up to $200 million for financing the delivery of Russian military products in line with the list contained in Appendix No1 to this agreement," the government website reported.

    The 10-year agreement will cover the purchase of a variety of …

  • Moody's downgrades forecast for Russia's economic development

    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 …

  • Ukrainian Border Guards find Expired Food in Humanitarian Convoy from Russia

    Today, Russia undertook the unilateral registration of the 49th so-called humanitarian convoy. According to the State Border Service, two humanitarian assistance convoys, consisting of 101 vehicles, passed through the Russian crossing points at Donetsk and Matveev Kurgan and entered Ukraine between 5:55 am and 6:50 am.

    "The convoy was monitored by the Ukrainian Inter-ministerial group, but only by means of visual observation and without implementation of any control measures as the movement of …

  • Moscow hints that it will not cooperate with ICC's investigation into 2008 Russo-Georgian War

    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, …

  • European Commission Makes Plans to Reduce Dependence on Russian Gas

    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 …