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Poland plans to abandon Russian gas in five years
In five years Poland plans to significantly cut natural gas supplies from Russia or even completely abandon them, as stated by Polish Foreign Minister, Witold Waszczykowski.
The current contract for the supply of Russian gas to Poland is in effect until January 1, 2020. The Foreign Minister said that it can be extended only if Russia offers a price lower than the current one.
"Maybe, yes. But only if Russia offers a much lower price than it is today," said Waszczykowski.He noted that Poland …
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Canada sends warship to the Baltic Sea
The Canadian Navy Frigate Charlottetown has set off for the Baltic Sea to participate in a NATO operation to contain Russia, reported the Ministry of Defense of Canada.
"The deployment of HMCS Charlottetown demonstrates Canada’s ongoing commitment to international security and cooperation as part of NATO assurance and deterrence measures in Central and Eastern Europe," the Defense Ministry stressed.
The Defense Ministry added that Charlottetown’s mission to the Baltic Sea will last 6 months, …
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The US will station a company of paratroopers in Estonia during the Russian-Belarusian Zapad exercises
The United States will send a company of paratroopers to Estonia during the time when Russian-Belarussian exercises Zapad 2017 are held. According to the main headquarters of the Estonian Defense Forces, 150 servicemen will arrive at the end of August, BNS agency informs.
In September this year, Russian-Belarusian exercises Zapad 2017 will be held in the territory of Belarus where Russia will mobilize more than 4,000 wagons for the transportation of weapons and soldiers.
Ukraine expressed …
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Russian oil conglomerates help Venezuelan President Maduro to stay in power
Moscow continues pouring money into the treasury of Venezuela, whose economy plunged into a chaos caused by currency shortages, lack of essential goods and protests, during which more than 120 people were killed.
In the second quarter, Venezuela received another $1 billion from Russia’s Rosneft, as reported by Finanz news web site with reference to Raiffeisenbank's semi-annual IFRS report.
The money was transferred to the accounts of PDVSA, a Venezuelan oil company that consolidates the last …
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Amid US sanctions Russia is trying to develop its own credit card payment system
Russian Federation is intensifying development of the payment systems that would be independent from U.S. financial system as well as from using U.S. dollar as a base currency.
Foreign Minister Sergei Ryabkov stated that an independent financial system “is becoming a vital need,” because otherwise Russia “will always be on the hook” of the United States of America.
Russia has developed its own payment card called Mir (‘Peace’ or ‘World’ in translation from Russian), which is supposed to …