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Russia promises Saudi Arabia tens of billions in investments
Russia is prepared to increase its investment in the Saudi Arabian economy, said Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), during the Future Investment Initiative forum in Riyadh.
Dmitriev says that “many companies from the petrochemical sector and other sectors” have expressed interest in investing in Saudi Arabia.
“We believe that, alongside our partners, we will bring in billions and tens of billions of dollars of investment into Saudi Arabia,” he stated.
He …
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Mogherini: European Union will never recognize annexation of Crimea
While speaking before the deputies of the European Parliament during the hearings on the situation in the Azov Sea , High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini, assured that the European Union would never recognize the annexation of Crimea by Russia.
“I am grateful to the European Parliament for focusing their attention on the situation in the Black Sea after Russia’s annexation of the Crimean peninsula. We do not recognize [now] and …
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EU may impose sanctions on Russia because of its actions in Sea of Azov
European Parliament says that Russia’s aggressive actions in the Sea of Azov are unacceptable and could lead to the escalation of a new conflict in Europe. The European legislative body is thus calling for additional sanctions to be imposed on Russia, Ukrinform reports.
The overwhelming majority of participants in debates in European Parliament on the topic consider Russia’s actions unacceptable.
“Russia’s violations of international law are not something new. But the attempt to annex the Sea …
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Ukraine may receive $8 billion after IMF program is unblocked
A new program from the IMF will facilitate Ukraine’s access to funding worth $8 billion, which will help maintain a fairly stable hryvnia exchange rate next year, stated by Anders Aslund, an analyst at an American center, the Atlantic Council in an interview with the Ukrainian service of the Voice of America.
“Most likely, Ukraine will now receive $2 billion from the IMF, as well as $ 2 billion from the EU and the World Bank. The Ukrainian government can sell Eurobonds for additional $2 …
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Russia and Pakistan conduct joint military exercises
Pakistan and Russia began annual joint military exercises to strengthen cooperation in the war against terrorism and the growing threat from the Islamic State group in neighboring Afghanistan.
According to officials, the Friendship III exercise began on Monday at the National Center for Counterterrorism in the mountain city of Pabbi. A Pakistani Special Forces headquarters is also located there.
The official representative of the Pakistan army, Major General Asif Ghafoor, said that this was …