Contents tagged with Russia
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Kremlin preparing for secret negotiations to sell off Russian state companies abroad
The Russian government is preparing to privatize a number of state companies, Russian Minister of Economic Development Maxim Oreshkin announced at the World Economic Forum in Davos.
The negotiations with foreign investors will be closed off to the public.
“We are working on a number of deals, working in a closed format,” TASS cites Oreshkin as saying. “When you prepare a deal, it doesn’t have to be public, we don’t need to discuss who we are negotiating with. There are a number of assets …
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Russia shows the contentious missile which US believes violates the INF Treaty
On Wednesday, Russian authorities showed military attaches and journalists accredited in the Russian Federation the new missile system, which, according to the United States, violates the terms of the Intermediate-Range Nuclear Forces Treaty concluded during the Cold War. With the presentation of the missile system, Moscow made another attempt to refute accusations and prevent the withdrawal of Washington from the treaty.
Washington threatens Russia to withdraw from the INF Treaty, stressing …
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Putin expects TurkStream pipeline to be launched by the end of 2019
Russian President Vladimir Putin hopes that the land section of TurkStream will be ready as planned before the end of 2019.
"We hope that the work on laying the land part [of the TurkStream pipeline] will be conducted in the same quick manner, so as to launch the gas pipeline as planned before the end of this year," said the Russian President at a press conference following the Russia-Turkey negotiations.
“The joint strategic cooperation is being successfully carried out on the largest …
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Citibank to close one third of its Russian branches
The subsidiaries of foreign banks are continuing to reduce their presence in Russia. Citibank, a subsidiary of the American Citigroup, plans to close one third of its branches in Russia over the course of 2019, board member and consumer business manager Michael Berner told reporters on Wednesday.
The bank is currently in the top 30 in Russia by assets, and has 22 branches, 12 of them in Moscow.
“In the first quarter we plan to close two branches in Moscow and one in St. Petersburg, and in the …
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Bulgaria strips Russian millionaire Serguei Adoniev of citizenship
On Wednesday, the Bulgarian Ministry of Justice reported that Bulgaria stripped Russian millionaire Serguei Adoniev of the citizenship because he was found guilty of fraud in the USA about 20 years ago.
In an effort to join the Schengen Agreement, Bulgaria stated that it plans to stop the practice of selling citizenship to wealthy foreigners in exchange for an investment, which allows them to move freely within the EU.
Adoniev is ranked 147th in the list of Russia’s wealthiest businessmen, …
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Russia begins revision of Union treaty with Belarus
Moscow has started to revise its treaty from 1999 which established the Union State with Belarus. The work is being done as part of the bilateral integration work group, said Russian Ambassador to Belarus Mikhail Babich on 23 January, as reported by Interfax.
“The Russian part of the group has started working. They are currently making an inventory of all the terms of the union treaty according to the blocks: economic, social, on the state governance organs, on matters of security and military …
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Media: Russia agrees to tolerate Israeli attacks in Syria
After the most recent consultations to prevent conflicts in Syria, which the Russian and Israeli military delegations held last Thursday, the Israeli army’s press service released a generic statement on the “positive and professional atmosphere” in which the meetings took place and their “agreement to continue working together in the spirit of mutual understanding”.
During the talks, the two sides agreed on the new “rules of the game” which are based on the agreements on the mechanism of …
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Syrian Pantsir-S aerial defense system destroyed by simple Israeli drone
One of Syria’s Pantsir-S1 missile defense systems was destroyed by an Israeli SkyStriker drone, military expert Vladislav Shurygin told the Russian newspaper Izvestia.
The specialist noted that the SkyStriker, a so-called kamikaze drone produced by Elbit Systems, is a small, slow (up to 190 kph) unmanned aerial vehicle with a pusher propeller and an electric engine. The drone ways a mere 35 kg, of which the payload accounts for 5-10 kg. It has a maximum flight time of two hours, and is …
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Secretary General of Council of Europe speaks about the crisis in PACE due to the conflict with Russia
Depriving Russia of the right to vote in the Parliamentary Assembly neither improved the human rights situation in Russia nor made Russia to return the Crimea. Instead, it caused a crisis in the Council of Europe, said Thorbjørn Jagland, the Secretary General of the organization, at the PACE winter session on Tuesday, January 22. A report on his speech was published on the website of the Council of Europe.
Jagland noted that the Assembly’s decision to deprive the Russian delegation of the …
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Putin: Russia and Japan will continue negotiations on the Kuril Islands
Russia and Japan will continue negotiations on the peace treaty, stated Russian President Vladimir Putin and Japanese Prime Minister Shinzō Abe at the press-conference following the bilateral meeting in Moscow, the Russian service of Radio Svoboda reports.
According to Putin, both parties are interested in the signing of the document. Putin said that the conditions of the peace treaty should be acceptable for both countries and supported by society. The Russian President noted that Moscow will …