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Russian Finance Minister promised to hide transactions aimed at moving capital back to Russia
If, next year, the Russian Ministry of Finance issues Eurobonds for businessmen who are interested in moving their capital back to Russia, the information about these investors, their names and amounts, will be protected from the Western financial system by the Russian banking system and the Central Depository, Russian Minister of Finance Anton Siluanov told journalists.
“If our businessmen want to avoid revealing the movement of their capital, they can act through Russian banks. If they open …
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Putin: too many people in Russia live below the poverty line
Speaking at a meeting with cabinet ministers, Putin said that one of the country’s main unresolved problems is a large number of people living on income below the poverty line, TASS reports.
The Head of State noted that there are now 20 million poor people in Russia, and recalled that recently the figure had been 15 million people.
"The economic crisis of recent years, the decline in oil prices, and some other causes - including external constraints - have done their dirty work, and the …
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Russia asks Facebook and Instagram to explain why Kadyrov’s account were blocked
The Federal Service for Supervision of Communications, Information Technology, and Mass Media, (Roskomnadzor) asked the social networks, Facebook and Instagram, to provide explanations for blocking accounts belonging to the leadership of Chechnya, in particular, the Head of the Republic, Ramzan Kadyrov.
On December 26th, Roskomnadzor sent a letter to Facebook’s management asking about the reasons for removing Ramzan Kadyrov's accounts from Facebook and Instagram," according to the Russian …
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Russia conducts test launch of Topol intercontinental ballistic missile
The Strategic Missile Forces tested advanced combat equipment installed on the intercontinental ballistic missile, RS-12M Topol, the Russian Defense Ministry indicated as reported by TASS.
"On December 26, 2017, a test launch of the intercontinental ballistic missile, RS-12M Topol, was executed by the missile combat crew of the Strategic Missile Forces from the state central testing site, Kapustin Yar, in the Astrakhan region. The purpose of the launch was a test of the prospective combat …
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Lavrov and Tillerson conduct telephone conversation to discuss Ukraine
Russian Foreign Minister Sergey Lavrov and US Secretary of State Rex Tillerson discussed the situation in the Donbas during a recent telephone conversation. According to the press service of the Russian Foreign Ministry, the telephone conversation was initiated by the Americans.
During the conversation, the representatives of the Russian Federation and the US touched upon the Minsk agreements.
"The importance of further engagement of the bilateral channel of consultations was confirmed, in …
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Ukraine praised Volker’s work with Surkov
The framework of negotiations conducted between US State Department Representative Kurt Volker and Russian Presidential Aide Vladislav Surkov was one of the most effective this year, said Deputy Minister of Foreign Affairs of Ukraine for the European Integration Olena Zerkal during a broadcast on Channel 5.
"There is no other framework, so everyone supports the Minsk format ... This year the Volker-Surkov format worked more intensively," she said on Channel 5 on Tuesday.
According to Zerkal, …
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Austrian court postpones extradition of Ukrainian oligarch Firtash to United States
Interfax-Ukraine reports that the Austrian Supreme Court has postponed the extradition of the Ukrainian oligarch Dmytro Firtash to the United States. The decision of the Austrian Court of Appeals was thus annulled, said Firtash’s lawyer, Lanny J. Davis, on Tuesday, December 26.
"The Supreme Court ordered a stay of Mr. Firtash's extradition pending its review," the lawyer said.
He also added that the case was suspended until the European Court of Justice delivers a preliminary decision on the …
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Kyiv injects $550 million capital into Ukraine’s PrivatBank
Ukraine’s Ministry of Finance has completed the fourth stage of the additional capitalization of Kyiv-based PrivatBank by issuing domestic government bonds worth UAH 16 billion ($570 million USD) covered by the bank’s shares, the Ministry’s website reports.
The Ministry of Finance stated that the recapitalization of the bank to UAH 38.5 ($1.38 billion USD) was in accordance to the Cabinet of Ministers’ decision of June 23, 2017. The decision was based on proposals by Ukraine’s National Bank ( …
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Dodon: Moldova cannot develop its economy without close cooperation with Russia
Moldovan president Igor Dodon stated that his country's economy would not develop without close cooperation with the Russian Federation.
"Moldova and Russia are closely connected with each other historically, economically and politically. The Moldovan economy cannot develop without all-round cooperation with the Russian Federation," Dodon wrote on his Facebook page after a meeting with the Head of Sberbank, Herman Gref in Moscow.
The President clarified that during the meeting he had …
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Head of Crimea: terrorist sleeper cells are operating on the peninsular
The head of the Crimea's Russian-controlled administration, Sergey Aksyonov, said that there are ‘sleeper cells’ of international terrorist organizations on the peninsula, RIA Novosti reports.
According to him, there are several threatening factors that influence the situation in the field of countering terrorism.
"Firstly, it is the destructive activity of the activists of the Crimean Tatar and Ukrainian national separatism, as well as the presence on the peninsula of "sleeper cells" of …