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Yuan trading at risk on Moscow Exchange amid escalating sanctions and stock market panic
There’s a growing panic on the Russian stock market, and now the Moscow Exchange may have to halt trading of the Chinese national currency, the yuan.
This comes in the wake of the Moscow Exchange being cut off from trading in US dollars and euros, leading to mounting concerns that the Chinese yuan could be next.
Reports from Russian media, citing experts, indicate high risks that Chinese banks will cease cooperation with the Moscow Exchange and the National Clearing Center of the Russian …
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Kremlin-linked bots spread fake celebrity quotes to undermine support for Ukraine
A widespread online campaign has begun disseminating fake quotes from celebrities calling for an end to support for Ukraine, according to the news outlet Agentsvo. Journalists believe that this phenomenon is driven by bots connected to the Kremlin and operating for a Western audience through the Dvoynik (the double) network.
The statements, in English, French, German, and Polish, which question the need to continue supporting Kyiv in its war against Russia, have been falsely attributed to …
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Hungary lifts veto on Ukraine’s EU negotiation framework after securing minority rights demands
Hungary’s Foreign Minister Péter Szijjártó has disclosed that the country agreed to lift its veto on the EU negotiation framework for Ukraine and Moldova’s membership because all Hungarian conditions have been included in the negotiation document for Kyiv. In a Facebook post, he emphasized that Budapest insists on the restoration of the rights of national minorities in Ukraine.
According to Szijjártó, some EU member states did not even want to hear about Hungary’s conditions. However, …
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F-16 fighter jets: a strategic game changer in Ukraine's air defense against Russia
Ukraine is set to receive the long-anticipated F-16 fighter jets in the near future.
"Primarily, the F-16 will be utilized to destroy both aerial and surface targets from a distance where the F-16 itself will not come under enemy fire. This means employing a safety buffer with long-range missile technology, both air-to-air and air-to-surface," explained military-political analyst from the "Information Resistance" group, Alexander Kovalenko, during a national news broadcast.
Kovalenko noted …
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Zelensky: Xi Jinping assures China won’t supply weapons to Russia
Ukrainian President Volodymyr Zelensky stated that Chinese President Xi Jinping has promised not to supply weapons to Russia. "I spoke with the head of China over the phone. He said that he would not sell weapons to Russia. We'll see. If he is an honourable person, he will not. Because he gave me his word," Zelensky said, during a joint press conference with U.S. President Joe Biden at the G7 summit in Italy.
During the press conference, Volodymyr Zelensky called the security agreement reached …