-
Chinese investors flee Russia
China is continuing to reduce its investments in Russia, despite Russian officials’ attempts to bring the country’s economic policy back to the East, finanz.ru reports.
By the end of 2018, China’s total direct investments in Russia had fallen by 24%, from $3.59 billion to $2.62 billion, according to statistics published by the Bank of Russia on 30 May.
Over the year, Chinese investors withdrew another $969 million from the real sector of the economy. 80% of this amount, $774 million, resulted …
-
Ankara: Turkey is ready to purchase US Patriot system after acquiring S-400 systems from Russia
Russia offered Turkey a better deal for the sale of its anti-missile systems than the United States, said Turkish leader Redep Tayyip Erdogan.
“There can be no talk of Turkey withdrawing from its deal with Moscow. We are in agreement, we are determined,” the newspaper Haberturk quoted Erdogan saying.
He added that Turkey would be ready to purchase US Patriots if the United States was able to offer a deal as lucrative as the one offered by the Russian Federation.
According to Reuters, Turkey’ …
-
China to test a new batch of Russian S-400 missile systems
After the destruction of Russian S-400 missiles that were damaged during transportation, China will test the new weapons that were delivered instead of them.
TASS reported, citing its military-diplomatic source, that the test launches of the S-400 Triumph missiles will be made at one of the Chinese testing ranges in early June. It is planned to launch two rockets at ballistic and aerodynamic targets as in the previous year.
Earlier, the CEO of the Russian State Corporation Rostec Sergey …
-
NATO confirms Ukraine could become a member state under President Zelensky
During a joint press conference with President of Ukraine Vladimir Zelensky in Brussels, NATO Secretary General Jens Stoltenberg said that NATO’s decision for Ukraine to eventually join the alliance remains in effect, reports Evropeyska Pravda.
In response to a question about Ukraine’s prospects for further rapprochement between Ukraine and the alliance, the Secretary General stressed that despite there being a new president in Ukraine, NATO’s approach remains unchanged. "We stand by the …
-
Russia appeals arbitration court’s Crimean assets ruling in favor of Ukraine
Russia has appealed the International Court of Arbitration’s ruling in favor of the Ukrainian companies Ukrnafta, Stabil, and others, concerning Crimean assets, the Russian Justice Ministry reported.
The appeal was submitted on 27 May to the Swiss Federal Tribunal.
“Firstly, the arbitrators ruled in favor of the plaintiffs without having established that the Crimean peninsula is Russia’s sovereign territory. Nevertheless, the tribunal concluded that Russia is responsible according to the …