• US puts more Russian companies and individuals on sanctions list over Syria and Ukraine

    The US has imposed sanctions on ten senior managers of the Russian TempBank, including two Deputy Chairmen, the Chairman and four members of the Supervisory Board. The information was published on Friday, December 23th, on the web site of the U.S. Department of Treasury.

    Sanction were also imposed on the top management of Technolab company, which is registered in Lebanon.

    Washington also imposed restrictive measures on several Syrian government officials: the Minster of Finance, the Minister …

  • Capital outflow from Russia intensifies

    Capital outflow from Russia continues unabated. According to the Central Bank of Russia, the total remittances of individuals into other countries amounted to USD 6.2 billion in the third quarter for a total of USD 18.5 billion since the start of the year. In comparison, private individuals had withdrawn 18.57 billion dollars during the entire 2015.

    Switzerland remains the most popular country for Russians to keep money. In the third quarter of 2016, 984 million dollars were transferred there …

  • The United States will sell five maritime surveillance aircrafts to Norway

    The U.S. State Department has authorized the sale of five P-8 Poseidon maritime surveillance aircraft to Norway, Defense News reported. The potential sale, with an estimated cost of USD 1.75 billion is still awaiting approval by Congress.

    It is expected that Congressmen will approve the agreement, taking into consideration the growing role of Norway as a partner to the United States and the United Kingdom in monitoring Russia’s activity in the North Atlantic.

    Norway also plans to purchase …

  • Ukrainian MPs call on international community to strengthen sanctions against Russia because of Syria

    A group of deputies of the Verkhovna Rada of Ukraine called the international community to tighten sanctions on Russia because of its actions in Syria.

    This group's stance was explained in the statement "regarding the criminal actions of the regime of the Syrian President Bashar al-Assad and Russia in Syria", published on the website of the Verkhovna Rada.

    The statement was initiated by the First Deputy Chairman of the Verkhovna Rada of Ukraine, Iryna Herashchenko, Chairperson of the …

  • In addition to MiG-29s, Serbia will receive 30 tanks and 30 armored vehicles from Russia for free

    Serbia will receive six MiG jet fighters, 30 tanks and 40 armored vehicles from Russia free, as reported by the Prime Minister of Serbia Aleksandar Vučić after meeting with Russian Defense Minister Sergey Shoygu, the Serbian Tanjug agency reports.

    According to Vučić, aircraft modernization will cost Serbia 180 to 230 million euro. "If we purchased such aircraft with the missiles we want, it would cost us around 600 million euro,” Vučić said.

    The Serbian Prime Minister said equipment from the …