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Stockholm court to consider Ukrainian bank's claim against Russia for lost assets in Crimea
The Stockholm Arbitration Court has taken a claims complaint made by the largest bank in Ukraine, PivatBank, under consideration. The bank claims to have lost assets worth nearly 1 billion dollars caused by the annexation of Crimea. This was reported by the Chairman of PrivatBank, Dmitry Dubilet.“We have gone through all of the procedures and the Stockholm Arbitration Court has taken our complaint under consideration. The entire amount in our complaint is 1 billion dollars. This amount …
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Russian imports of passenger cars fell by half in 2015
Imports of trucks from foreign countries has decreased by 65.9% to 20,100 units while truck imports from the Commonwealth of Independent States (CIS) countries have decreased by 9.3% to 2,400 units.
Imports of passenger cars to Russia from non-CIS countries has decreased in 2015 by 49.9% to 336,400 units. These imports from CIS countries have decreased by 58.6% to 13,500 units. This data was published on the website of the Federal Customs Service (FCS) of Russia on the 5th of February. …
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Russian Finance Ministry Seeks Foreign Loans
Russia has sent 25 requests to foreign banks for Eurobonds in 2016, as stated in documents the Ministry of Finance of Russia published on its website on February 5th.
Requests, in particular, are directed to Barclays, BNP Paribas, Bank of America Merrill Lynch, Bank of China, Wells Fargo, Goldman Sachs, J. P. Morgan, Deutsche Bank, Industrial and Commercial Bank of China, Crédit Agricole, Credit Suisse, Landesbank Baden-Wuerttemberg, Morgan Stanley, Mizuho Financial, Nomura, Citigroup, Societe …
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Erdoğan: Moscow and Damascus are responsible for the deaths of 400,000 Syrians
According to the President of Turkey, Recep Tayyip Erdoğan, Russia and the Syrian leadership are responsible for the deaths of 400 000 people in Syria.
Erdoğan stated that the responsibility for these deaths lies with Moscow and Damascus. “Russia should be held responsible for the people it killed inside the Syrian border. Due to Moscow’s cooperation with the regime in Damascus, the death toll has reached 400 000 people,” Erdoğan said this at a conference held in Senegal on the 5th of …
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French MFA: Russia's support for Assad regime is 'torpedoing' peace talks
The Minister of Foreign Affairs of France, Loran Fabius, has stated that Russian and Iranian support for Syrian President Bashar-al-Assad is detrimental to the Syrian peace process.
“This is completely torpedoing peace talks in Geneva,” Fabius stated. He said this upon his arrival to an informal meeting of ministers of foreign affairs of the EU.
“It requires a political decision. Political discussions cannot be conducted when one of the parties destroys another. Both parties have to return …