-
Yuan dominates Moscow Exchange as US sanctions reshape Russian currency market
Following the imposition of US sanctions, the Moscow Exchange has effectively become an exchange point where the Chinese yuan is the primary currency, reports The Moscow Times.
According to the Central Bank of Russia, the yuan now accounts for 99.6% of the currency trading market. The remaining 0.4% comprises friendly currencies like the Belarusian ruble and the Kazakhstani tenge.
Before the Russian invasion of Ukraine, the yuan constituted only 3.5% of currency transactions on the Moscow …
-
Russian Defence Minister's niece condemns attack on Kyiv children hospital in emotional plea: 'Think about what you are doing!'
After the Russian attack on the oncology ward of the "Okhmatdet" children's hospital in Kyiv, the Russian Defence Minister Andrey Belousov's niece, Natalia Vertinskaya, residing in the US, made a public appeal.
"Dear Uncle Andrey, yesterday Russian military launched 38 missiles on Kyiv. Eight of them hit residential buildings, kindergartens, business centres, and entrances. One missile destroyed Ukraine's largest children's hospital. This hospital is in the Solomenskyi district—an area where I …
-
Russia condemns US decision to deploy long-range missiles in Germany, warns of military response
The Russian Foreign Ministry regards the deployment of Tomahawk cruise missiles and other long-range US weapons in Germany as a "link in the escalation chain", said Russian Deputy Foreign Minister Sergey Ryabkov.
"I believe this is simply a link in the escalation chain, one of the intimidation elements that today forms a major part of NATO and the US's strategy towards Russia. Our response will be calm and professional. The military, without a doubt, have already taken this message into …
-
US lawmakers urge White House to lift restrictions on Ukrainian strikes against Russia
US Congressmen Jake Auchincloss and Michael McCaul have called on the White House to lift restrictions on Ukraine's ability to carry out strikes against Russia. During an online discussion hosted by Foreign Policy, Democratic and Republican representatives Jake Auchincloss and Michael McCaul expressed that the outcome of the current NATO summit in Washington should include the removal of these restrictions for Ukraine, reports Voice of America.
Democrat Auchincloss stated that during the …
-
Putin pledges to withdraw Indian mercenaries from Ukraine after Modi's appeal
Putin has pledged to the Indian Prime Minister to bring back all Indian nationals sent by Russia to fight against Ukraine.
Indian citizens who signed contracts with the Russian Ministry of Defence and are participating in the conflict in Ukraine will be freed and allowed to return home, reported the Indian news channel NDTV.
It is noted that Indian Prime Minister Narendra Modi, who is in Moscow on a two-day official visit, raised this issue in a conversation with Putin, who then made the …