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Gazprom’s export revenue plummets by nearly 40%
Gazprom is faced with a sharp decline in revenue from selling gas on foreign markets, according to statistics from the Bank of Russia on the balance of payments for the second quarter, reports finanz.ru.
Between April and June, the gas trade brought Russia only $8.7 billion in foreign currency earnings.
Compared to the first quarter ($14.1 billion), the influx of “gas dollars” has fallen by 38.2% (20% in annual terms) – a two-year low.
In the last decade, Gazprom has only earned less on one …
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Russia recognizes Ukrainian World Congress as undesirable organization
The Prosecutor General's office of Russia recognized the Canadian non-governmental organization Ukrainian World Congress as undesirable. The statement of the Prosecutor General notes that the activities of the organization pose a threat to the foundations of the constitutional system, as well as the security of Russia.
Ukrainian World Congress was established in 1967 in the USA. Now the headquarters of the organization is in Toronto. The website of the organization says that the Ukrainian …
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Zelensky and Putin held their first telephone conversation
On July 11 the press services of Russian and Ukrainian Presidents reported that Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin had their first telephone conversation. The Kremlin said that the conversation took place at the initiative of Kyiv.
According to the press service of Ukrainian President Zelensky, the primary issue of the conversation was the release of Ukrainian sailors detained by Russia during the attack in the Kerch Strait in November 2018. Another …
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Huawei takes aim at Russian technology and IT companies
The Chinese corporation Huawei is engaged in negotiations with several Russian companies concerning the acquisition of businesses, the founding of joint enterprises and the use of their technologies. Offers have been received by the developer of the “Elbrus” processors, the creator of the line of Alt Linux operating systems, and a company that provides information security and network monitoring systems.
According to RBC, the Chinese manufacturer has become more active on the Russian market in …
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Kyiv: Russia delivered 600 tons of ammunition to militants in Donbas over the summer
During a press briefing, the speaker of the Ukrainian Defense Ministry Maxime Prout said that during this summer, Russia has already provided the pro-Russian militants in the Donbas with 600 tons of ammunition.
"During June-July of this year, more than 600 tons of ammunition, including multiple rocket launchers, artillery systems, mortars, and dozens of tanks with fuel and lubricants, were delivered by rail from Russia to the first and the second Army Corps [ of the militants],” he said.
Also, …