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Media: Hedge funds continue to dump Russian rubles
American hedge funds are continuing to get rid of investments in rubles, while, at the same time, the price of the Russian currency stays in one place, ignoring the drop in oil prices.
One week before May 30, major traders at the Chicago exchange reduced bets on the ruble’s growth by 3% on the futures market, Finanz.ru web site reports.
The number of open contracts on the ruble has been decreasing for five consecutive weeks. Such a prolonged sell-off was last observed on the market in …
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Russia puts Su-27 fighters in combat readiness state in the Crimea
Su-27 fighters of the Southern Military District (SMD) were put in the air and flew in pairs, being put on alert in the Crimea and tested for combat readiness, said Colonel Vadim Astafyev, head of the press service of the SMD.
“Pairs of Su-27 fighters from the 4th Army Air Force unit and Air Defense of the Southern Military District, stationed in the Republic of Crimea, were put in the air by a snap order,” Astafyev said.
The combat readiness of the pilots of the fighter planes was checked by …
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President of Lithuania: The main threat to the Baltic countries is 'the existence of Russia and Belarus in the east'
Lithuania's President Dalia Grybauskaite called the existence of Russia and Belarus in the east a major threat to the Baltic States and Poland. She made this announcement to the local press on June 5 before setting off on a state visit to Estonia.
The head of the Lithuanian state reminded journalists that the Baltic countries and Poland are the "eastern border area of NATO" and that having Russia and Belarus in the same neighborhood is a threat. The militarization of Kaliningrad region plus …
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St. Petersburg authorities reject Russia's opposition application for anti-corruption rally
St. Petersburg authorities rejected all four applications for holding an anti-corruption rally on June 12, which were filed by supporters of the founder of the Anti-Corruption Foundation (FBK), Alexey Navalny. On Monday, June 5, Interfax reported this with reference to the head of the St. Petersburg Navalny campaign headquarters, Polina Kostyleva.
"We filed four different applications, including for holding the rally on Marsovo Polye and the square near the Bryantsev Youth Theatre. The number …
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Lithuania starts building a fence on border with Russia
On Monday, Lithuania started the construction of a protective fence, nearly 45 kilometers in length, on the border with the Kaliningrad region of Russia. The ceremony of laying the first pillar of the border structure took place in the village of Ramoniskiai, in the Sakiai district.
The cost of work will be 1,335 million euros. Money will be allocated from the budget of Lithuania, reports Delfi news website.
A metal segment fence with supplemental equipment, approximately two meters in height, …