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EU investigates laundering of Russian money through Danske Bank
The European Banking Authority (EBA) has opened an investigation into the laundering of Russian money through Danske Bank with respect to the supervisory bodies in Denmark and Estonia.
The EBA will examine whether the Danish and Estonian financial services authorities fulfilled their obligations according to EU legislation.
In June 2018, the Estonian prosecution office initiated a criminal investigation against the Estonian branch of Danske Bank, which is believed to have participated in the …
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Ukraine among top 3 countries in terms of damage inflicted to Russia's economy
Restrictive measures imposed against Russian products abroad caused a damage of $6.3 billion (expert evaluation) to the Russian economy, according to the report published on the website of the Russian Ministry of Economic Development.
It follows from the presentation prepared by the ministry that the European Union took the first place in terms of the number of restrictions imposed on Russian goods. Next come Ukraine, India, Belarus, Turkey and the United States.
Nevertheless, the picture …
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Russia overtakes Saudi Arabia as the world’s second largest oil producer but still lags behind the US
Russia outpaced Saudi Arabia in crude oil production, moving into second place after the USA, the world's largest oil producer, RIA Novosti reports.
According to a review by the Joint Organizations Data Initiative or JODI, in December 2018, the United States produced an average of 11.66 million barrels of oil per day. Russia now produces 10.74 million barrels per day while Saudi Arabia dropped into third place at 10.64 million barrels per day.
Meanwhile, experts of ITI Capital Ltd. said that …
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Lithuanian Foreign Minister calls on Europeans to step up the fight against Russian propaganda
Lithuanian Foreign Minister Linas Linkevičius stated in an interview with the newspaper Neue Osnabrücker Zeitung that EU countries should make greater efforts to fight against “Russian propaganda” and prepare for an information war with Russia.
The Minister asserted that the West “still underestimates Russia’s informational influence” while Eastern European countries are not the only ones under “Moscow’s attack.” Linkevičius called for the continuation of a strict sanctions policy against …
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Moldova complains to UN about Russia’s failure to provide access to Moldovan pilots released from Taliban captivity
The Moldovan Ministry of Foreign Affairs and European Integration wrote on Facebook that Moldovan authorities complained about Russia to a number of international organizations.
The reason for the appeal was the “unacceptable actions” of the Russian Federation against two Moldovan pilots Lionel Buruiana and Mihail Crihan, who was captured by the Taliban in Afghanistan and released with the assistance of Igor Chaika, a member of the council of All-Russian public organization “Business Russia”. …