• Putin: Russia ready to finance Nord Stream 2 in event of US sanctions

    Russian President Vladimir Putin said that Russia is prepared to fully finance the construction of the Nord Stream 2 gas pipeline if the US places sanctions on participants of the consortium.

    Putin informed the German government of these plans during his visit to the Schloss Meseberg on August 18, when he met with German Chancellor Angela Merkel, the Süddeutsche Zeitung reports, citing informed sources.

    At present, the Nord Stream 2 pipeline is being built by an international consortium of …

  • US Treasury gives companies of Russian tycoon Deripaska extra grace period

    The Office of Foreign Assets Control of the US Treasury Department has once again postponed the deadline by which US investors have to dispose of EN+ and UC Rusal shares and bonds, the department announced on its official website.

    “EN+ and RUSAL have approached the U.S. Government about substantial corporate governance changes that could potentially result in significant changes in control. To allow sufficient time for review, we are extending these licenses until November 12,” the report …

  • Britain scrambles two fighter jets to intercept Russian bombers

    British fighter jets intercepted two Russian bombers probing UK airspace, according to a statement made by the British Ministry of Defense. “RAF Quick Reaction Alert (QRA) Typhoon fighter aircraft scrambled from RAF Lossiemouth to monitor two Russian planes approaching UK airspace. The Russian Blackjacks long-range bombers were not talking to air traffic control, making them a hazard to all other aviation.,” said the Ministry of Defense in a statement.

    British Typhoon fighter jets were sent …

  • Russia: Ukrainian ships approached Crimea

    Two ships of the Ukrainian Naval Forces- command ship Donbas and tugboat Korets were located near the coast of the annexed Crimea, reported Interfax referring to the FSB border control on Saturday, September 22.

    Russia claims that the Ukrainian ships were allegedly moving “towards an exclusive economic zone of the Russian Federation.” They [the ships] are heading in a northeasterly direction. “In accordance with international maritime law and in the interests of security of the Russian …

  • China calls on US to withdraw sanctions imposed for purchasing S-400 missile systems from Russia

    The Chinese Ministry of Defense demanded immediate withdrawal of US sanctions against the Equipment Development Department of the Central Military Commission of the People's Republic of China, which purchased Su-35 fighters and S-400 anti-aircraft missiles from Russia. China called the sanctions against Russia “a flagrant breach of basic rules of international relations”.

    “We demand that the US immediately correct the mistake and withdraw the so-called sanctions,” said the Ministry of Defense …