Contents tagged with Russia

  • Ukrainian President promises to hold referendum on settlement in Donbas

    Ukrainian President Volodymyr Zelensky said he was considering holding a nationwide referendum on a settlement in the Donbas, UNIAN reports.

    "Regarding the national referendum, I believe that this should be the most important issue that we have today. I believe that this is the situation in the Donbas," said Zelensky at a press conference.

    According to Zelensky, this will take some time as Kyiv has several plans to end the war and take back the occupied territories and people. "We will …

  • U.S. decides not to impose sanctions against Nord Stream 2 AG and its CEO

    Joseph Biden’s administration imposed and immediately suspended sanctions against the operator of the Nord Stream 2 project, Nord Stream 2 AG, and its CEO Matthias Warnig, according to the State Department’s report sent to Congress on Wednesday, May 19. U.S. Senate Foreign Relations Committee Chairman Robert Menendez confirmed that the document had been received.

    “I have determined that it is in the national interest of the United States to waive the application of sanctions on Nord Stream 2 …

  • Kremlin claims SWIFT promises to continue working in Russia

    The Russian Central Bank does not see the risks of Russia being disconnected from the system of inter-bank payment SWIFT, said the first deputy chairperson of the Russian Central Bank, Olga Skorobogatova, during the meeting of the State Duma Committee on the Financial Markets.

    "At first, they speculated a lot about SWIFT, then it spilled over to Visa and Mastercard. From SWIFT point of view, a similar situation was in 2014, when some EU deputies spoke about it. We have direct contact with …

  • Germany blocks sales of sanctioned technologies to Russia

    The Russian military industry continues to lose suppliers of Western technologies, which have to be purchased illegally because of the sanctions imposed by the United States and the European Union.

    On Tuesday, the German Prosecutor General's Office, together with customs officers, detained in Leipzig a businessman who had been selling sanctioned equipment to Russia since 2018.

    German citizen Alexander S., managing director of a trading firm in Saxony, cooperated with a Russian company whose …

  • Berlin gives permission to lay 2km of Nord Stream 2 pipeline in Baltic Sea

    The Nord Stream 2 AG consortium will be able to lay two kilometers of pipes in German waters in May. The German Federal Maritime and Hydrographic Agency (BSH) said that it had agreed to immediately allow the construction under the permit issued on January 14. According to the statement, Nord Stream 2 AG is only allowed to lay the pipes on the bottom of the sea, and any installation work should be carried out later.

    The agency stressed that the decision was taken "after a thorough assessment of …

  • Kyiv ready to exchange Putin’s friend Medvedchuk for Ukrainians imprisoned in Russia

    Ukraine can exchange the head of of the party "Opposition Platform - For Life" Viktor Medvedchuk, arrested on suspicion of treason, for Ukrainians imprisoned in Russia, said the Secretary of the Ukrainian National Security and Defense Council, Oleksii Danilov.

    "The decision on the exchange is made by the President of Ukraine. I think if we can do that, we'll be happy to do it," Danilov said.

    Medvedchuk is currently under house arrest. His house and the office of the "Opposition Platform" were …

  • 97% of Russians earn less than minimum-wage McDonald's employee in U.S.

    McDonald's Corp. will raise the wages of workers at its U.S. locations, CNBC reported.

    Non-administrative staff at about 660 McDonald's restaurants in the U.S. will receive $11-17 an hour, and supervisors will receive $15-20 per hour.

    About 36,000 people will get the 10% pay raise.

    As a result, even the lowest-paid full-time McDonald's employee will receive $1,760 a month.

    At the current exchange rate, it is about 130,000 rubles, which is more than the monthly income of 97.3% of the Russian …

  • Kremlin: Russia has ‘no plans to absorb Donbas’

    Russia has no plans to absorb anyone, Russian presidential spokesman Dmitry Peskov said, RBC reports.

    "Russia has no plans to absorb anyone. It has never done that," he said.

    Bloomberg news agency wrote the European Union fears that Moscow is preparing to annex the Donbas. The agency referred to an internal EU memo saying that organizing elections in the self-proclaimed Donetsk and Luhansk People's Republics and issuing passports to local residents "are aimed at actual integration of these …

  • Russia sees itself as a mediator in the Middle East conflict

    Russia sees itself among the mediators in resolving the escalating Israeli-Palestinian conflict. A number of countries, including Russia, are making efforts and using their contacts to encourage the parties to the conflict to act with restraint, said Russian presidential spokesperson Dmitry Peskov, without giving any details. According to him, the sides should recognize that there is no alternative to a diplomatic solution.

    Meanwhile, Russian President Vladimir Putin discussed the conflict in …

  • Ukrainian court places Putin’s friend Medvedchuk under house arrest

    The Pechersky District Court in Kyiv placed under house arrest Ukrainian politician and leader of the Opposition Platform for Life party Viktor Medvedchuk, reported the news website Graty.

    The prosecution demanded Medvedchuk's arrest. The Prosecutor General's Office of Ukraine was ready to release Medvedchuk on a 300-million-hryvnia bail (about $10 million). The politician said that he does not have such money.

    "I will not be able to pay this money, because me and my wife were subjected to …