Contents tagged with Russia
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So-called Donetsk People's Republic seizes plant owned by Russian company
According to a statement on its website, the Russian mining and metals company Mechel has received an order from the self-proclaimed Donetsk People’s Republic (DPR) introducing temporary administrative control over the Donetsk Electrometallurgical Plant (DEMZ) property, located in the occupied territory.
The order is dated June 25 and is signed by the DPR leader Alexander Zakharchenko. It says that a new company, Yuzivka Metallurgical Plant, should be established on the premises of the …
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Turkey and Russia resume negotiations on economic cooperation program
Russia has resumed negotiations with Turkey on a trade and economic cooperation program for 2016-2019, RBC reported.
According to a decree issued by the Russian government, the activities of the Russian-Turkish intergovernmental commission on economic cooperation has been resumed.
Work has also been restarted on the creation of a Russian-Turkish joint fund to finance investment projects in both countries.
Moscow and Ankara started negotiations on an economic cooperation program in 2014. …
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Russia increased investments in U.S Treasury bonds
In May 2016, Russia increased investments in U.S. Treasuries for the first time in four months. The investments went up by $5.7 billion to $88.2 billion, Finmarket reported, quoting the results of a survey by the United States Department of the Treasury and the U.S. Federal Reserve System. In April, Russia had reduced investments in the U.S. Treasuries by $3.5 billion. Russia is ranked tenth in the list of largest U.S. creditors.
However, China remains the largest holder of U.S. Treasuries. In …
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Russia appoints new commander of its forces in Syria
Lieutenant General Alexander Zhuravlev has been appointed as the new commander of the Russian military group in Syria, and has also became the first deputy commander of the Southern Military District. This was reported by Kommersant, citing a source in the General Staff.
The source said that the candidacy of Zhuravlev, who has been in charge of the headquarters of the military forces in Syria since last September, was approved by the military leadership.
According to military sources, …
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Kremlin: Trump's comments on Russia 'not the best choice of words'
TASS reported Russian Presidential Press Secretary Dmitry Peskov's response to U.S. Presidential Candidate Donald Trump's comments on a possible attack by Russia against the Baltic countries. Peskov stated that “The phrase about a hypothetical attack of Russia on someone isn't worded well enough to be significant or insightful.”
Earlier, Trump stated that if Russia attacks one of the Baltic States, he will decide whether to help them or not only after he finds out whether this country has …
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Russian Defense Minister arrives in the Crimea
Russian Defense Minister Sergei Shoygu arrived in the Crimea on Friday to present awards to Russian sailors and to inspect the Black Sea fleet, Interfax reported.
"In Sevastopol, the head of the military department [Shoygu] will present the Order of Nakhimov to the crew of the missile cruiser Moskva,” the official representative of the Russian Defense Ministry, Major-General Igor Konashenkov, told reporters.
Shoygu will also check the progress of the resettlement of a number of garrisons of …
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Wall Street Journal: Russian aircraft bombed US outpost in Syria
Russian aircraft bombed a garrison used by US and British troops in Syria last week, the Wall Street Journal reported.
According to the newspaper, US and British special forces use the garrison in southern Syria near the Iraqi and Jordanian borders for a base of operations. A contingent of 20 British commandos had reportedly pulled out of the area less than 24 hours before Russian aircraft dropped cluster bombs on the outpost.
After the strike, officers with the US military’s Central Command …
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US businessman gets 10 years in prison for selling military technology to Russia
A businessman convicted of illegally exporting high-tech microelectronics to Russia was sentenced to 10 years in prison by a federal judge in New York, Golos Ameriki reported.
Alexander Fishenko, a dual citizen of the US and Russia, pleaded guilty to all 19 counts brought against him. Fishenko, who owned and operated a company called ARC Electronic based in Houston, Texas, shipped high-tech components frequently used in military systems to Russia. From 2002 to 2012, the businessman sent $50 …
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Spain terminates contract with Russian satellite company
Spanish company, Hisdesat, is terminating their contract with the Russian Kosmotras on the launch of the first Spanish satellite, Paz. One of the reasons for the termination of the contract, which was signed in 2013, is that Russia has not fulfilled their required obligations. This, according to DW, was said on the 20th of July by a spokesman for the Spanish Defense Ministry, which runs Hisdesat. According to him, “the Spanish satellite was ready to launch in late 2013 but has, since then, been …
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Bild will not include Russia on Olympic medals table in its newspaper
The sports editor of Bild newspaper, Walter Straten, said on June 20th that the German newspaper would not include the results of Russian athletes in the medal table if the Russian team is allowed to participate in the upcoming Olympic Games in Rio de Janeiro. According to Straten, the International Olympic Committee and its President, Thomas Bach, have not yet decided on Russia’s participation in the Olympic Games.
“We will not do so. If Russia is allowed in the Olympics, Bild will remove its …