Contents tagged with Belarus

  • U.S. cuts off Lukashenko from main foreign currency source

    Belarus began to have problems with the sale of oil products abroad, a key source of income in hard foreign currency for the country's economy.

    Argus Media reports, citing market sources, that European banks began to refuse to finance deals after the US announced the imposition of sanctions against the largest Belarusian refinery Naftan.

    Although the sanctions officially come into force in June and formally apply only to American legal entities, the payment for Belarusian goods in dollars has …

  • Putin and Lukashenko agree to strengthen military cooperation

    Russia and Belarus intend to expand cooperation in the defense field. "There are acute questions that need to be strengthened, including security, including defense in our union state," self-proclaimed Belarusian president Alexander Lukashenko said during a meeting with Russian President Vladimir Putin in Moscow.

    According to Lukashenko, Moscow and Minsk will draw through their cooperation lines which no one should cross, and will adequately answer to those who do not understand that in this …

  • Belarus on verge of economic collapse as foreign currency reserves dry out

    The National Bank of Belarus continues to lose its gold and currency reserves as the value of Belarus ruble continues to fall.  In April the Belarusian ruble broke the "bottom" reached during the summer protests and set a new historical low.

    In the five quarters from January 2020 to April 2021, foreign currency reserves of Belarus decreased by 25% - from $9.2 billion to $6.9 billion.

    Since the beginning of 2021, the reserves of the National Bank have lost $310 million due to the repayment of …

  • Putin calls Lukashenko to discuss ‘threats coming from the West’

    Russian President Vladimir Putin called Alexander Lukashenko and discussed with him "external threats from the Western direction,"reported the Telegram channel "Pool of The First" close to Lukashenko's press service.

    It is noted that the presidents spoke for about half an hour and decided that "it is in the interests of both countries to develop integration processes and strengthen multifaceted cooperation."

    "One of the main themes: epidemiology. Focus on vaccination and vaccine production. …

  • Putin gives Lukashenko $19 million and defers loan payments for two years

    Russia is once again extending a financial helping hand to self-proclaimed president of Belarus Alexander Lukashenko.

    In the next two years, Minsk will be able to not pay Russia $906 million in installments for the loan provided for the construction of the Belarusian nuclear power plant. According to Interfax, the relevant protocol was ratified by the Russian Federation Council.

    Under the new terms, Minsk's payments to Russia will be reduced by 3.5 times, to 370.8 million dollars.

    The …

  • Minsk accuses Kyiv of supplying weapons for ‘terrorist attacks’ on Belarus

    The head of the State Security Committee of Belarus, Ivan Tertel, said that large quantities of weapons from Ukraine were allegedly supplied to Belarus for "terrorist attacks."

    Tertel said on the Belarus 1 channel that weapons were allegedly supplied from Ukraine to Belarus to destabilize the situation in the country and organize terrorist attacks on government agencies and government officials.

    At the same time, the head of the Belarusian KGB accused Ukrainian law enforcement agencies of …

  • Kremlin: Russia will not join its armed forces with Belarusian army

    Russia is not going to join its army with the Belarusian army, said the Russian ambassador to Belarus, Dmitry Mezentsev.

    According to Mezentsev, the joint army is a "good fantasy", but there is no need for it yet.

    The ambassador reminded that the armies of Russia and Belarus cooperate within the framework of the Collective Security Treaty Organization and this is enough to protect the borders of the countries.

    At the same time, Mezentsev stressed that the cooperation between the Russian and …

  • Belarusian opposition releases documentary about Lukashenko's hidden fortunes

    Belarusian oppositionist has released an investigation into the corruption of the self-proclaimed President of Belarus, Alexander Lukashenko. The film was published on the YouTube channel NEXTA.

    The film talks about Lukashenko's real estate and provides a list of his residences. In addition, the authors of the investigation speak about Lukashenko's car collection, which is worth 4 million, and his large aircraft fleet. NEXTA journalists also said that Lukashenko has his own "special harem".

    " …

  • Belarus and Russia to hold 2 joint military exercises in March

    The Russian and Belarusian militaries will hold joint tactical exercises in the territories of both countries in March this year, reported the press service of the Russian Defense Ministry.

    "Two joint Russian-Belarusian tactical exercises of the Russian Airborne Troops and the Special Operations Forces of the Armed Forces of Belarus will be held in March this year," the statement reads.

    The first exercise will take place between March 9 and 20 at the Polybino test site in the Ulyanovsk region …

  • Russia and Belarus to build three joint military training centers

    Russian Defense Minister Sergey Shoygu and his Belarusian counterpart Viktor Khrenin held a meeting in Moscow, where they discussed joint military cooperation activities for 2021, reported the press service of the Russian Defense Ministry.

    The ministers agreed to establish three combat training centres for military personnel. Two of them will be created in Russia in the Nizhny Novgorod and Kaliningrad regions, another in the Grodno region in northwestern Belarus, which borders Lithuania and …