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NATO Secretary General: Crucial decisions will be made at the Summit in Warsaw
NATO Secretary General Jens Stoltenberg stated that “crucial decisions” will be made at the NATO Summit in Warsaw which is scheduled to take place on the 8 - 9 July, Polish Radio reports.
According to him, the key positions on how to adapt to a new security situation given Russia’s recent actions will be identified at the summit.
In particular, he noted the need to strengthen the presence of NATO in the eastern part of Europe to “give a clear message that an attack against one country will be …
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Capital outflow from Russia continues
According to Emerging Portfolio Fund Research (EPFR), in one week, May 12 - 18, 2016, the net outflow from funds investing in Russian equities totaled $17.4 million as compared to $137.1 million outflow in the previous week. The Emerging Portfolio Fund Research (EPFR) is an organization that provides fund flow and asset allocation data, RIA NOVOSTI reports.
Earlier in May the Bank of Russia publicized statistics indicating that the net outflow from the Russian Federation totaled $12.8 billion …
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US Deputy Secretary of Defense: Russia is on a path towards confrontation
The United States Deputy Secretary of Defense, Robert Work, stated that Russia’s actions in Europe contribute to a changing international strategic landscape and represent a serious cause for concern. Europe and more generally NATO face different challenges in from all sides, Work noted. Russia is increasingly antagonistic and is gaining strength from the east, west and north, while terrorism and armed extremism are challenges from the south and from the inside.
“We are at a turning point in …
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NATO Secretary General: Fortifying the eastern flank is a response to Russia's aggressive policy
NATO Secretary General Jens Stoltenberg believes that after fortifying the eastern flank of the alliance, potential enemies "will not even think" of attacking.
"Fortifying the eastern flank of NATO is a response to new challenges which the Alliance is encountering at the moment, including Russia’s aggressive policy,” he said in an interview with Radio Poland.
He emphasized that NATO’s multinational forces will cooperate with the armed forces of the country, wherever they are sent, such as …
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Putin to make first trip to the EU since November 2015
Russian President Vladimir Putin will visit the EU for the first time in six months when he travels to Greece on May 27th, according to the website of the Presidential Administration. Putin plans to meet with both the Greek President and Prime Minister during his two-day visit.
"I will meet with President Prokopis Pavlopoulos and Prime Minister Alexis Tsipras ... at the highest level will discuss key issues of bilateral trade, [and] economic and investment cooperation, including the …