Contents tagged with Russia

  • Ukraine offers Russia to exchange three Russian convicts for participants in the Debaltseve Battle

    Ukraine offers Russia to exchange Alexander Korinkov, Sergei Glondar and Bogdan Pantyushenko, Ukrainian prisoners of war, for three Russians convicted of crimes in the Donbas, stated Iryna Heraschenko, Ukraine’s representative in the Trilateral Contact Group in Minsk.

    Special forces soldiers Korenkov and Glondar were captured by pro-Russian militants in February 2015, when the detachment was leaving Debaltseve. Tank operator Patyushenko was captured in January 2015 near the Donetsk airport.

    “ …

  • Maduro prepares to send 20 tons of Venezuela’s gold to Russia

    The Venezuelan government under Maduro is preparing to transfer 20 tons of gold – roughly 20% of the Central Bank’s reserves – to Russia, said José Guerra, a member of the country’s National Assembly and a retired economist for the Central Bank.

    Guerra claims to have received the information from a Central Bank official with whom he still has contact. An aircraft from Moscow has supposedly arrived to collect the gold.

    “We demand that the Central Bank give us information about what is going on, …

  • Russian senator arrested on double murder charges

    During a plenary session of Russia’s Federation Council on Wednesday, Rauf Arashukov, the youngest senator in Russian history, was arrested on charges of organizing contract killings and other serious crimes.

    Law enforcement blocked the entrance to the hall and made the press leave, after which Prosecutor General Yury Chaika and Alexander Bastrykin, head of the Investigative Committee, entered the hall and read out the order to remove Arashukov’s parliamentary immunity.

    Arashukov attempted to …

  • US Intelligence dismisses possibility of large-scale Russian attack against Ukraine

    American Intelligence believes that a large-scale attack by Russia against Ukraine in 2019 is "operationally possible but not likely,” stated Director of National Intelligence Daniel Coats during a hearing at the US Senate Select Committee on Intelligence, Voice of America reported. 

    "We assess that a major offensive by either Ukraine or Russian proxy forces is operationally feasible but unlikely in 2019,” Coats stated. US intelligence services foresee increased tensions in the Black Sea and …

  • Ukrainian Supreme Court allows seizing Russian banks assets to recover losses in Crimea

    The Supreme Court of Ukraine allowed seizing shares of Russian financial institutions as compensation for the annexation of the Crimea, the press service of the Court reported. 

    In July last year, eighteen legal entities and one individual applied to the Kyiv Court of Appeals with the request to recognize and to grant permission for the implementation of the decision made by the International Court of Arbitration at the Hague. 

    According to the application, debtor banks hold some property in …

  • Tokyo: establishing US military bases in the Kuril Islands is only possible with Japan’s consent

    Japanese Prime Minister Shinzo Abe said that if the South Kuril Islands are handed over to Japan, the creation of US military bases on those islands will be possible only after Tokyo gives its consent, RIA Novosti reported, citing Kyodo News Agency.

    The United States has the right to establish military bases in Japan. However, in the case of the Kuril Islands, the deployment location must be coordinated with the Japanese government, Abe stated. 

    Meanwhile, Abe gave no answer to journalists’ …

  • Russia prepares to kiss goodbye to multi-billion investments in Venezuela

    The US sanctions on PDVSA, the Venezuelan state-owned oil company, threaten to affect the Maduro government’s ability to repay its debts to Russia, Russian Deputy Finance Minister Sergey Storchak said on Tuesday. 

    According to Storchak, Venezuela has borrowed more than $3 billion from Russia in intergovernmental loans. 

    The debt had to be restructured in November 2017, when the repayment schedule became impossible for Nicolás Maduro, whose 6 year rule has seen the Venezuelan economy shrink by …

  • China refuses to finance $14 billion Gazprom megaproject

    Russian officials’ attempts to get through to Chinese investors in order to enlist their support in developing the economy in the East and overcoming western sanctions are continuing to fail for the fifth consecutive year. 

    The new negotiations to secure a Chinese loan for the construction of Russia’s largest gas processing plant in the Amur province have ended with yet another disappointment for the Russians. 

    Gazprom had hoped to pay for the Amur gas processing plant, which is scheduled to …

  • Russia: US sanctions on Venezuelan state oil company illegal

    Moscow has said that the sanctions imposed by Washington on PDVSA, the Venezuelan state-owned oil company, in an attempt to undermine Nicolas Maduro’s power, are illegal. 

    “The legitimate leadership of Venezuela has already described these sanctions as illegal. One can fully get behind this perspective,” Kremlin spokesperson Dmitry Peskov told reporters. 

    The US Treasury Department said that the measures against the Venezuelan state-owned oil company were adopted in order to “change the …

  • Media: Russian Military Command behind the creation of Wagner private military company

    According to an investigation by the Bell newspaper, Evgeny Prigozhin, a Russian businessman known as “Putin's chef”, created the private military company (PMC), the  Wagner Group following the orders of Russia's high-ranking military leaders. 

    The very idea of creating a PMC was born at the St. Petersburg Economic Forum in 2010. Eeben Barlow, the founder of Executive Outcomes, the world's first legal private military company, was also present at the forum. Barlow told the military about the …