Contents tagged with Russia
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EU extends sanctions against Russia over annexation of Crimea
The European Union has decided to extend sanctions against Russia because of the annexation of Ukrainian Crimea, reported the press service of the European Council.
"The EU does not recognize the illegal annexation of Crimea and Sevastopol by the Russian Federation and continues to condemn this violation of international law, in line with the declaration by the High Representative for Foreign Affairs and Security Policy on behalf of the EU on 25 February 2021," said the European Council in a …
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Russian oligarch Deripaska predicts default of U.S economy
America is heading for default, according to Oleg Deripaska, a billionaire and a key shareholder of the holding companies En+ and the Gaz Group.
According to the businessman, the impending default of the world's largest economy is evidenced by the "fall in popularity of the dollar."
"The dollar is still the world's top reserve currency, but its popularity has already fallen to its lowest level since January," Deripaska wrote on his Telegram channel.
The billionaire referred to the article of …
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Almost a quarter of Russians are forced to save on food
More than a third of Russians (37%) are forced to save on basic needs, showed the survey conducted by the Russian bank Otkritie. According to the study, 23% of Russian citizens are forced to save on food, 40% - on clothes and footwear. More than half - 55% - have cut spending on gadgets, 62% - on travel, 71% - entertainment. Seven percent of respondents do not deny themselves anything, while in some regions the proportion of those "tightening their belts" is approaching half of the population. …
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Russia wants to eliminate Ukrainian passports in Donbas by 2025
The Kremlin has ordered to eliminate all Ukrainian passports in the Donbas by 2025, said Donetsk representative in the tripartite contact group on Donbas Serhiy Garmash, Ukrinform reports.
"The issuance of Russian passports there is picking up speed. According to my information, by 2025 the goal is to ensure that no one has Ukrainian passports. That is, the passports can still be confiscated. And then there will be a problem not with the checkpoints, but the ability of our citizens to enter …
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Kremlin pushes Russian banks towards imminent isolation from world’s financial system
The Russian government introduced a bill to the State Duma that would prohibit Russian banks from providing banking information to financial authorities abroad.
According to the document, banks will be forbidden to send information about customers and their transactions to the financial authorities of "unfriendly countries".
These measures are intended as a response to the actions of the United States and other countries. Their goal is to minimize the risks associated with the changes in …
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Biden brings potential new sanctions to meeting with Putin
U.S. President Joe Biden came to Geneva for a summit with Russian President Vladimir Putin not empty-handed. In February, he promised to end Donald Trump's policy of concessions and in March called Putin a "murderer." Before the summit, Biden refrained from making sharp statements and instead described Putin as a "smart" and worthy rival.
After the NATO summit in Brussels on Monday, Biden said he intended to convince Putin that it was in his best interest to behave in a way, that he considered, …
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Wealthy Russians drive up demand for luxury real estate in London by 50%
The luxury real estate market in London is experiencing explosive growth due to demand from wealthy Russians.
In the first quarter of 2021, the number of requests to buy an apartment in the British capital from Russians with assets exceeding $30 million soared by 50%, reports the news agency RBC, citing a study by consulting firm Knight Frank.
Most of these clients "choose apartments in the elite segment for the purpose of relocating for themselves or children," notes Marina Shalayeva, …
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NATO Secretary General does not rule out Russia's involvement in forced landing of Ryanair plane in Minsk
NATO Secretary General Jens Stoltenberg said in an interview with the British radio station Times Radio that there were indirect signs that Russia may have been involved in the emergency landing of the Ryanair plane in Minsk. According to Stoltenberg, Russia's cooperation with Belarus is one such sign.
Stoltenberg said that he cannot divulge the details of the intelligence data regarding the incident, but the landing of the plane was not only a violation of airspace rules but also an "attack …
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Crimean authorities: Water found under the Sea of Azov is not suitable for consumption
Russia's plan to use fresh water supplies found under the Sea of Azov to supply Crimea failed. The water is unsuitable for consumption, said the Head of Crimea, Sergey Aksenov.
"There is some fresh water there," Aksenov said.
He specified that the water reserves are not located very deep, and it would be easy to extract them. However, there is a serious problem. The water contains a lot of minerals.
"How can it be used? It has to be cleaned up," Aksenov said.
He added that water treatment …
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U.S. promises to continue imposing sanctions against Nord Stream 2
The U.S. administration intends to continue imposing sanctions against Nord Stream 2. Such actions should demonstrate that the United States continues to oppose this project, said the U.S. Department of State spokesman, Ned Price.
"We will continue to impose restrictive measures against individuals and companies whose activities are subject to such sanctions. In this way we will demonstrate that we oppose this gas pipeline," he said at the briefing.
At the same time, according to Price, the U. …