• Russia’s natural resource hegemony continues to decline

    With the lifting of sanctions against Iran and Tehran’s consequent participation in the global oil market, the price for Russia’s main export commodity—energy sources—continues to decline with no end in sight. With the fourth largest reserves in the world, Iran put its oil on the global market on Monday, contributing to oil prices dropping below $28 per barrel.

    What is more, the recent events in the Russian gas supply market exacerbate the situation, as traditional markets for Russian natural …

  • Protesters in Georgia Say No to Gazprom

    Another political scandal is growing in Georgia. The authorities cannot give any clear explanation why the country suddenly needed Russian gas when there are no problems with the supply of "blue fuel" from Azerbaijan. Moreover, the Minister of Energy still refuses to elaborate on the details of negotiations with the Gaprom for some reason.

    Former footballer and current chief power engineering specialist Kakha Kaladze at first had denied that there were any negotiations with Gazprom. Then he …

  • Klimkin asks EU Diplomats to Attend Savchenko Trial

    Pavel Klimkin, the Minister of Foreign Affairs of Ukraine, has asked Federica Mogherini, EU High Representative for the Common Foreign and Security Policy, to send European diplomats to court when the verdict in Nadia Savchenko’s case, a Ukrainia pilot, is made.

    “I asked Federica Mogherini to ensure the diplomats’ presence at a crucial phase of Nadia Savchenko’s trial,” Klimkin wrote on Twitter.

    “In light of the fact that the illegal criminal case against Nadia Savchenko is approaching its …

  • OSCE Observers Fired on in Eastern Ukraine

    Ukrainian representatives at the Joint Centre for Control and Coordination (JCCC) reported that a sniper from the illegally armed groups opened fire on a car from the OSCE Special Monitoring Mission on the 16th of January in Marinka (in the Donetsk region). The car was fired on within the territory under control of members of the so-called Donetsk People's Republic.

    “The representatives of the SMM weren’t injured. Their lives aren’t in danger but the car is damaged,” the report says.

    It was …

  • Russia to Cut Funds For International Space Station

    Russian media reports that the state authorities are planning to reduce the cost of maintenance of the International Space Station in the next decade.

    According to the newspaper Izvestia in the latest draft budget for the 2016-2025 years, the cost of servicing the ISS will be around 3.3 billion dollars (252.1 billion rubles), which is 10 percent less than was suggested in the draft budget drawn up in April last year.

    The Russian Space Agency is one of five departments that control the station …