The ruble has stabilized near 79 against the dollar, as investors assimilate news of Western sanctions on Russia over the deployment of Russian troops in the breakaway regions of eastern Ukraine. The ruble was almost unchanged at 78.81 against the dollar, and strengthened 0.3% to 89.21 against the euro. Western sanctions have punished Russia with […]
Tag: Russia
Cuba supports Russia in Ukraine, Moscow facilitates it with debt
Russia has agreed to postpone some installments of Cuba’s debt under communist rule until 2027, Russia’s lower house of parliament announced yesterday. This development was recorded a few days after the announcement of the two countries that they will deepen their ties, given the escalation of the crisis in Ukraine. The loans, amounting to 2.03 […]
Russia’s richest people lost 32 billion as the crisis with Ukraine deepens
The fortunes of Russian billionaires have fallen by $ 32 billion since the beginning of the year, with the escalation of the conflict in Ukraine ready to worsen the situation. President Biden on Tuesday announced sanctions aimed at selling Russian government bonds abroad and the country’s elites, and said he was sending an unspecified number […]
RIS: The strategy for securing energy supply
Securing alternative sources of supply in the event of a disruption of gas flow from Russia, which last year accounted for 45% of total imports into the country, is the country’s strategy to deal with a possible crisis. According to a leading official of the Ministry of Environment and Energy, the disruption of the supply […]
Japan and Canada announce sanctions against Russia
The Japanese government has imposed sanctions on Russia over its actions in Ukraine, including banning the issuance of Russian securities in Asia and freezing any resources of Russian businessmen and politicians under Japanese jurisdiction, Prime Minister Fumio K announced today. Mr Kisinda called on Russia to return to diplomacy, but said it did not see […]
Criticisms of the Secretary General of the UN against Russia for ‘a la carte’ use of the Charter of the Organization
UN Secretary-General Antonio Guterres has strongly criticized Russia for escalating the conflict in Ukraine and called on it to comply with international law. “When troops from one country enter another country without its consent, it is not an impartial peacekeeping force, it is not a peacekeeping force at all,” Guterres said in New York on […]
Ukraine: Australia in turn announces a first package of sanctions on Russia
Coordinating its move with the United States, the European Union, Canada and Britain, the Australian government announced today that it is imposing sanctions on Russia over its decision to send troops to pro-Russian separatist areas of eastern Ukraine. after recognizing them as independent states. The Australian government will start imposing sanctions on Russians it blames […]
The EU plan to reduce its dependence on Russian gas
By Harry Floudopoulos Common markets for liquefied natural gas LNG from EU Member States, contacts and negotiations with major suppliers and buyers, accelerating the implementation of hydrogen projects, and initiatives for greater transparency in the gas market include the design of the European To reduce Europe ‘s dependence on Russian gas and to strengthen the […]
Maduro: Venezuela is with Putin
Venezuelan President Nicolas Maduro on Tuesday voiced support for his Russian counterpart Vladimir Putin over the Ukraine crisis. “Venezuela is with Putin, it is with Russia. It is in favor of the brave and just cause in the world,” President Maduro told state television during a cabinet meeting following a decision by the Russian parliament […]
Blinken cancels meeting with Lavrov, Biden-Putin meeting ‘excluded for now’
US Secretary of State Anthony Blinken has said he will not meet with his Russian counterpart Sergei Lavrov on Thursday, following Moscow’s recognition of the two breakaway republics of the two breakaway republics as independent states. “Now that we see that the invasion has begun and that Russia has clearly rejected diplomacy, a meeting at […]
