• Coup in Guinea threatens Russia’s aluminum production

    The military coup in Guinea may become a painful blow to the aluminum empire of the Russian tycoon Oleg Deripaska who built it in the bloody chaos of the 1990s.

    Russia's largest aluminum producer Rusal could lose a third of its production as it relies on supplies of bauxite from Guinea, an industry source told RIA Novosti.

    Guinea, where 43% of the population lives below the poverty line and 32% cannot read and write, ranks first in the world in terms of bauxite reserves, providing 20% of …

  • Kremlin: Putin is ready to meet with Zelensky but does not want to discuss Crimea

    Press Secretary of the Russian President Dmitry Peskov said that Vladimir Putin is ready to meet with the Ukrainian President Volodymyr Zelensky.

    Peskov said that Putin is not going to discuss the annexation of Crimea in negotiations with Zelensky.

    The Kremlin believes that the presidents should meet because relations between the two countries "need to be fixed,” but Kyiv does not show political for that.

    Putin's spokesman also said that so far there has been little progress in organizing a …

  • Russian Foreign Minister: Nord Stream 2 will be completed in a few days

    Russian Foreign Minister Sergey Lavrov said that the Nord Stream 2 gas pipeline will start working in a few days.

    "It will be completed in a few days and will start working," Interfax quoted Lavrov as saying.

    Lavrov said that the United States is obsessed with the idea of blocking the project but will not be able to stop it.

    "The Biden administration has not changed its position. They are still against this project, but they understand that it cannot be stopped. But if you understand that …

  • Putin suggests bringing Taliban into ‘family of civilized nations’

    Russian President Vladimir Putin expressed a desire to establish ties with the Taliban militants who captured Afghanistan.

    "Russia is not interested in Afghanistan’s disintegration . If this happens, then there will be no one to talk to. And if this is so, then we need to think about the fact that the sooner the Taliban enters, so to speak, into the family of civilized nations, the easier it will be to contact, communicate and somehow influence them, " said Putin at the plenary session of the …

  • Putin gives green light for free economic zone on Kuril Islands

    Russian President Vladimir Putin has officially given the green light for establishing a free economic zone on the Kuril Islands.

    At the plenary session of the Eastern Economic Forum, Putin announced an "unprecedented" set of tax incentives, which should create the best conditions for business in all of Asia.

    "We will completely exempt business from paying key taxes on profits, property, land and transport tax. And for 10 years," Putin said, adding that this will apply to the companies that …