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Hundreds of Russian banks are at risk of collapse
Based on the results of Russia’s Central Bank stress tests, problems were identified in 117 banks. There exists a risk of a gap appearing in their capital if oil prices go down sharply. Moreover, the bankruptcy of several organizations can lead to a domino effect that will affect another 107 banks, RBC reported with reference to the report of the Russian banking regulator.
According to the Central Bank of Russia, these 117 banks account for about 30.6 percent of all banking assets. The Central …
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Angela Merkel sees no reason why Russia should be restored in G8
German Chancellor Angela Merkel feels that the decision to exclude Russia from the international G8 forum was correct, and she sees no reason why the country should be restored, despite tense relations with the U.S. Merkel said this in answer to a question asked by a deputy of the Bundestag who belongs to the right-wing Alternative for Germany party.
According to Merkel, the G8 forum is based on respect for international law, which Russia has brazenly violated.
“The annexation of Crimea was a …
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NATO: Russia violates military balance in the Black Sea region
Russia’s actions in the Black Sea region have violated the zone’s military balance, NATO Deputy Assistant Secretary General for Political Affairs James Appathurai stated, the Agerpres agency reports.
Appathurai, who is NATO Secretary General’s Special Representative for the Caucasus and Central Asia, made this statement while speaking on Tuesday at a forum devoted to security in the Atlantic and Black Sea.
Following the annexation of the Crimea by Russia, “a lot of military equipment was …
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Putin proposes special status for the Donbas
Ukraine could grant special status to the Donbas, the President of Russia, Vladimir Putin stated in an interview with Austrian TV channel ORF.
Putin reminded the journalists that the same thing happened in Russia with Chechnya, which was granted the status that gave it a "great degree of independence within the Russian Federation".
According to Putin, the decision was "very difficult" but it had to be taken because Al‑Qaeda terrorists wanted "to tear off" Chechnya, creating an Islamic …
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Putin invited Moldovan President Dodon to the opening ceremony of FIFA 2018 World Cup
Moldovan President Igor Dodon will take part in the opening ceremony of the FIFA World Cup at the invitation of Russian President Vladimir Putin, said Dodon on Tuesday in an interview with the NTV-Moldova television channel.
"Next week I will be at the World Cup, as I promised Putin in response to his invitation. There will be an opportunity to talk with many leaders of state, including Vladimir Vladimirovich. During the first match I will be rooting for Russia and, overall, I have a few …