-
Number of bankruptcies in Russia have reached a record level
The number of bankruptcies in Russia in the third quarter increased by 3% compared to the second quarter. The country registered 3,227 bankruptcies, higher than July-September 2016. These increases were reported by the Center for Macroeconomic Analysis and Short-term Forecasting.
The report notes that two factors could have led to the increase in the number of bankruptcies: weak consumer demand and a slow decrease in the key rate. The Russian Federal State Statistic Service or Rosstat …
-
Net outflow of capital from Russia tripled in period from January to October
Based on the review of the Central Bank of the Russian Federation, net capital outflow in Russia from January through October 2017 increased almost 2.8 times in the annual comparison, according to preliminary estimates, reaching $23.8 billion compared to $8.6 billion in the same period last year.
"Net capital exports by the private sector, according to preliminary estimates of the Bank of Russia, totaled USD 23.8 billion (USD 8.6 billion in January – October 2016)," the regulator’s review …
-
Head of LRP wants to start gold mining in the republic
The leader of the so-called Luhansk People's Republic or LPR, Igor Plotnitsky declared that he plans to start gold mining in the territory of the "Republic" in 2018.
"I will try to get our mine, let's say a gold mine, opened in 2018. We shall try to extract our gold, which is located on the territory of our Republic," Plotnitsky stated.
The leader of the LPR also noted that "[gold] will not be extremely profitable, but profit will still be there."
"But that’s also an indicator for us that we …
-
Ukrainian Ambassador to Austria condemns visit by Austrian politicians to the Crimea
Ukrainian Ambassador to Austria Olexander Scherba stated that the Austrian politicians who visited the ‘Friends of Crimea’ Forum, which was organized by Russian authorities, violated the neutrality of Austria and the decisions of the European Union, reported Krym.Realii.
"While Renat Paralamov spoke about the untold suffering that he had to go through, Linz Deputy Mayor Detlef Wimmer and newly-elected Member of Parliament Hans-Jörg Jenewein laid out their belongings in the luxury rooms of the …
-
Serbian Foreign Minister: Serbia will never support sanctions against Russia
Serbian Foreign Minister Ivica Dacic said in an interview with the Russian newspaper Izvestia that his country will not support anti-Russian sanctions.
Answering a question about whether there is a possibility that under certain circumstances Serbia might be swayed by the West to go against Russia, Dacic said that “Serbia will remain consistent with its policy and will not join European sanctions against Russia.” The foreign minister also stressed that Serbia hoped and wished for the “soonest …
-
President of Poland: if we forgive Russia for Ukraine and Georgia, we are in for a tragedy
The President of Poland, Andrzej Duda, said that sooner or later relations with Russia will be restored, however for now the attitude towards them on the international scene is very cold and sanctions are in force. To improve this, Russia must return the wreckage of Tu-154 aircraft to Poland and begin to observe international law.
Polish President Andrzej Duda said that he had talked with German President, Frank Walter-Steinmeier about the return of the fragments of Tu-154 to Poland before the …
-
Ukraine: Luhansk airport was destroyed by Tochka tactical missiles launched from Russian territory
Luhansk airport was destroyed in 2014 as a result of shelling by Tochka tactical missiles launched from Russian territory, said Deputy Minister of Justice and Commissioner for European Court of Human Rights (ECHR) Ivan Lishchyna in an interview with the newspaper Fakty.
Lishchyna said that the Ministry of Justice continues to gather evidence of Russia's participation in the fighting in the Donbas as part of its ECHR case. In particular, they were able to establish proof of the shelling of …
-
Unidentified militants attacked airbase of Syrian Army in Deir ez-Zor
Unidentified militants attacked the air base of Syrian Air Force in Deir ez- Zor, reports Directorate 4 Telegram channel which monitors the Syrian conflict.
According to the Channel, several militants speaking Russian managed to bypass the security at the air base presenting themselves as Russian military. One of the militants allegedly approached a group of Syrian soldiers and detonated a suicide vest. The militants also managed to set several planes on fire.
According to unconfirmed reports, …
-
Tusk urges European Union to speed up work on blocking Nord Stream 2
President of the European Council Donald Tusk has urged the EU countries to quickly draft legislation that could hinder the implementation of the Nord Stream 2 project, reported Rzeczpospolita, citing the Polish Press Agency and a source in the EU.
Donald Tusk sent a letter to the leaders of the EU countries. Not all leaders have received the letter yet, so it has not currently been published; however, it is known that the message calls on the EU countries to take up draft revisions to the gas …
-
Kremlin: relations between Manafort and oligarch Deripaska were of ‘commercial nature’
The former head Donald Trump’s campaign headquarters, Paul Manafort, had connections with Russian businessman, Oleg Deripaska, however they were of an "exclusively commercial nature," said Russian Presidential Press Secretary, Dmitry Peskov, as reported by RIA Novosti. "They were not somehow connected with the Kremlin or with officials in Moscow. We even heard that Manafort and Deripaska had disputes that were resolved in court, but we in the Kremlin do not know any details, and President Putin …