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U.S. Embassy in Russia removes its belongings from confiscated summer house
Workers at the U.S. Embassy in Russia have vacated the summer house in Serebryany Bor and the warehouse on Dorognaya Street, Interfax reports.
“The U.S. Embassy in Russia was able to gain access to the summer house for the diplomats in Serebryany Bor. We removed the remaining furniture, kitchen utensils and barbecue facilities, as well as equipment for the children's playground,” said press secretary of the diplomatic mission Maria Olson.
Also, American diplomats managed to take all the …
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Outflow of capital from Russian funds has reached $2 billion over the past five month
The capital outflow from Russian stock oriented funds in July 2017 amounted to $300 million for a total of $2 billion over a period of five months. The data was provided in a survey by Emerging Portfolio Fund Research (EPFR), an organization that tracks the inflow and outflow of capital to investment funds and the distribution of capital.
The outflow of funds in July is comparable to the June figures when the outflow was recorded at $385 million. Net outflow of funds was recorded for five …
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Media: Siemens banned Iranian company from supplying turbines to Crimea
The German company Siemens has forbidden the Iranian company Mapna to supply gas turbines to the Russian-occupied Crimea. Three sources close to Siemens, Rostec and the Russian government reported the information to RBC.
According to them, by autumn 2016, Siemens began delaying the equipment delivery after the media had reported information on the turbines’ supply to the Crimea bypassing the sanctions. In this regard, Russian President Vladimir Putin ordered the government and Rostec to find …
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Kyiv: Russian law on granting citizenship to Ukrainians infringes on their rights
The Ministry of Foreign Affairs of Ukraine urged citizens of Ukraine not to succumb to provocations by the Russian Federation to simplify the acquisition of Russian citizenship.
The Foreign Ministry regards the Russian leadership's adoption of a law simplifying the acquisition of Russian citizenship by Ukrainian citizens as a complete disregard for international law, the Foreign Ministry said in a commentary.
"We regard this step by the aggressor state as a continuation of legal …
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Putin signs law on debt repayment by Crimeans to Ukrainian banks
Russian President Vladimir Putin has signed a law on the repayment of debts by residents of the annexed Crimea to Ukrainian banks.
The corresponding document was published on the president's website on Monday, reported RIA Novosti.
In particular, it gives the borrower the right to apply to the Deposit Protection Fund (DPF) established by the Deposit Insurance Agency (DIA), with confirmation of freedom from cooperation with persons entitled to demand payment of the debt. At the same time, the …