Contents tagged with USA
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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 …
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US ambassador calls for audit of Ukrainian defense industry conglomerate
US Ambassador to Ukraine Marie Yovanovitch believes that an audit of the Ukrainian state defense industry concern Ukroboronprom will assist the fight against corruption in the national security sector.
According to her, the decision to perform the audit needs to be made by the Cabinet of Ministers, RBC-Ukraine reports.
“The Ukrainian government should also audit Ukroboronprom and declassify the orders. This will help the fight against corruption in the national security and defense sector… It …
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US to give Ukraine new types of weapons
The US plans to supply Ukraine with sniper systems and possibly weaponry for the Navy, said General Curtis Scaparrotti, Supreme Allied Commander Europe of NATO Allied Command Operations and Commander of the US European Command, the Voice of America reports.
“Sniper systems, ammunition and, taking into account the situation at the Kerch Strait, we may discuss naval systems in future,” Scaparrotti said during a hearing of the US Senate Committee on Armed Services in response to a question from …
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The US extends Crimean sanctions against Russia for another year
On March 4, according to a statement submitted by the White House to the Congress and published in the Federal register, US President Donald Trump extended the sanctions that were imposed earlier against Russia because of its actions in Ukraine, specifically the annexation of the Crimea and the situation in the Donbas.
“The actions and policies of persons that undermine democratic processes and institutions in Ukraine threaten its peace, security, stability, sovereignty and territorial …
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Kremlin offers the US to start Venezuela negotiations
The Russian government has started to lose faith in its ability to keep Nicolás Maduro in power in Venezuela, despite the $17 billion Moscow has spent on assistance for the country over the last 12 years.
When another of Venezuela’s major creditors – China – began negotiations with opposition leader Juan Guaidó, who has been recognized as interim president by the US, EU and 8 Latin American countries, the Russian Foreign Ministry contacted Washington, asking to begin bilateral consultations on …
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Putin suspends Russia’s participation in Intermediate-Range and Shorter-Range Missiles Treaty
Russia’s President Vladimir Putin has signed a decree on the suspension of Russia’s participation in the Intermediate-Range and Shorter-Range Missiles Treaty (INF), which was signed between Ronald Raegan and Mikhail Gorbachev in 1987, reads the statement on the Kremlin’s website.
According to the decree text, the decision was made because of “the United States violation of its obligations under the contract." The Russian Foreign Ministry will have to officially notify the United States and the …
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Kremlin: the US will use any excuse to invade Venezuela
Chairwoman of the Federation Council of Russia Valentina Matviyenko stated at a meeting with Vice President of Venezuela Delcy Rodríguez that the situation in Venezuela is yet another “test of strength” for those governments that previously organized coups in Iraq, Libya and other countries. She stated that the international community must not allow the legal government of Venezuela to be overthrown.
“We are afraid that the United States could go for any provocation, so that blood could be …
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The United States asks Ukraine to extradite an individual accused of fraud with American aid for Syria
According to court submissions, the United States asks Ukraine to extradite Ernest Khalilov, a citizen of Turkmenistan, who was detained on suspicion of theft while delivering humanitarian aid to Syrian refugees in Turkey, Ukrainski Novyny reported.
Khalilov was detained by Ukrainian law enforcement officers at the end of October 2018 at the airport Borispol (Kyiv) when boarding the flight Kyiv – Istanbul. He was detained as a result Interpol warrant which was initiated by the United States. …
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US considers cutting Russia off from world oil market
A new round of US sanctions, enshrined in the Defending American Security from Kremlin Aggression (DASKA) Act, threatens to cause the outright collapse of the Russian oil sector, which for more than half a century has been the country’s primary source of foreign currency earnings, enabling it to import western technologies, goods and the consumer lifestyle, finanz.ru writes.
As the old, Soviet-era oil fields run dry, if the country is unable to identify large deposits that can be easily and …
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Lavrov: Moscow is ready for talks with the United States on Venezuela
According to the Information and Press Department of the Russian Foreign Ministry, Russian Foreign Minister Sergey Lavrov confirmed in a telephone conversation with US Secretary of State Mike Pompeo on Saturday that Moscow is ready to respond with bilateral consultations on Venezuelan issues proposed by Washington. At the same time, Lavrov said that the parties should strictly comply with the principles of the UN Charter and adhere to the position that only Venezuelans have the right to …