Contents tagged with Moscow

  • US Ambassador to Russia intends to boycott St. Petersburg Economic Forum due to Michael Calvey's arrest

    It is unlikely that US Ambassador to Moscow Jon Huntsman will attend the St. Petersburg Economic Forum while Michael Calvey, the head of the Baring Vostok investment fund, is under arrest in Russia, Andrea Callan, said the representative of the American diplomatic mission, as quoted by RBC.

    “Ambassador Huntsman told business circles that it would be hard for him to attend the St. Petersburg International Economic Forum due to the arrest of Michael Calvey, an American investor charged in a …

  • Kremlin loses $3 billion in 3 days to gold price drop

    The biggest drop in the international gold price in more than a year has had a drastic effect on the value of the Bank of Russia’s reserves.

    In just over three trading days, the price per troy ounce slipped by 3.4% from $1,330 to $1,285, and had fallen by 2.6% at the end of last week, the worst result since May 2017, finanz.ru reports.

    The price reached an intraday low of $1283.3 on Monday, the lowest price since 25 January.

    For the Bank of Russia, which is buying all the gold that is being …

  • Russia sets conditions for the continuation of gas transit through Ukraine

    Russia has linked the continuation of gas transit through Ukraine to EU countries with Kyiv implementing a number of conditions. Among other things, the signing of a new agreement depends on the stability of the political situation, said Prime Minister Dmitry Medvedev in an interview with Luxemburger Wort newspaper, published on Tuesday, March 5th, on the official page of the Russian government.

    According to Medvedev, it is also necessary to regulate relations between companies interested in …

  • German Defense Minister: Chinese missiles threaten Russia

    The German Minister of Defense, Ursula von der Leyen stated that Chinese missiles represent a threat to Russia, so Moscow should be interested in involving China in a new disarmament treaty, Focus reports.

    The head of the German Defense Ministry said that Chinese medium-range missiles could easily reach Russian territory.

    “Just as Russian missiles pose a threat to Europe, Chinese missiles pose a threat to Russia,” she emphasized.

    According to von der Leyen, the only way to maintain security …

  • Media: Another Russian plane flew from Moscow to Caracas

    Nordwind Airlines' Boeing-777 flew from Moscow to Caracas on March 1, then traveled to Uganda and Zanzibar and returned to Venezuela on March 4, wrote Novaya Gazeta with reference to Flightradar24.

    Novaya Gazeta had reported earlier that an  IL-62 board of the Russian Ministry of Defense was seen on its way to Caracas from Moscow on March 3. Flightradar24 recorded only some details of the flight. The crew could turn off the transponder so as not to transmit all the flight coordinates.

    The …

  • Putin to visit Israel at Netanyahu’s invitation

    Israeli Prime Minister Benjamin Netanyahu invited Russian President Vladimir Putin to take part in the opening of the monument to the victims of the siege of Leningrad that will be established in Jerusalem.

    The invitation to visit Israel was voiced during the meeting of two leaders that took place earlier, on February 27 in Moscow. "In the near future, in Jerusalem, we will establish a monument dedicated to the Victims of the siege of Leningrad and we will be happy to see you, Mr. President, …

  • Netanyahu tells Putin that Israel is determined to continue attacks against Iran in Syria

    Israeli Prime Minister Benjamin Netanyahu met with Russian President Vladimir Putin in Moscow. According to Israeli media, his visit was shortened because Netanyahu was required to attend to urgent internal issues in Israel. 

    At the meeting in the Kremlin, the Israeli Prime Minister said that Israel "is determined to continue attacks against Iran and its attempts to entrench military in Syria." According to Netanyahu, Iran and its allies are the biggest threat to the security of the region.  …

  • US Navy aircraft carries out reconnaissance flights near the Crimea

    According to monitoring data of the PlaneRadar aviation service on Twitter, on Sunday, February 24, the US Navy aircraft conducted reconnaissance flight near the Kerch Strait and Sevastopol. 

    A Boeing P-8A Poseidon anti-submarine patrol aircraft with tail number 168848 took off from the NATO Naval Air Station at Sigonella in Sicily at 4:25 p.m. Moscow Standard Time. It crossed Bulgarian airspace at 5:45 p.m. and began a reconnaissance flight over the Kerch Strait area at a distance of 125 km …

  • US accuses Russia of violating consular agreements in Calvey case

    The arrest of Baring Vostok founder Michael Calvey, one of the largest American investors in the Russian economy, is well on its way to becoming an international scandal. The Basmanny Court of Moscow has placed Calvey in a pre-trial detention center for 2 months in connection with a corporate dispute. 

    According to the Russian news outlet RIA Novosti, the US Embassy to Moscow has accused Russia of violating bilateral consular conventions which stipulate that as a US citizen Calvey should …

  • Putin: Russia is ready to aim missiles at US

    Commenting on the demise of the Intermediate-Range Nuclear Forces Treaty during a speech to the Federal Assembly of the State Duma, Russian President Vladimir Putin said that Moscow is ready to aim missiles at the US in the event of a threat.

    According to Putin, Russia will aim its weapons not only against the European countries where the US deploys its intermediate and short-range missiles, but also against the US itself in the event of a threat.

    “If they really are produced and shipped to …