• Kremlin: Russia might stop using US dollars in oil trade

    Russian finance minister Anton Siluanov did not rule out the possibility of using national currencies instead of the US dollar, he said on Sunday, August 12 on Russian TV. "We should build our policy considering the possible risks that arise from the actions of our American partners,” he stressed.

    The First Deputy Prime Minister also said that Moscow has significantly reduced investments in American assets and gold and foreign currency reserves and will continue this policy in the future. At …

  • Ukraine files complaint against Russia to European Court of Human Rights over violations of political prisoners rights

    Ukraine has filed a new petition with the European Court of Human Rights (ECHR) regarding Ukrainian political prisoners held in Russian prisons and in the annexed Crimea, reported Deputy Minister of Justice, ECHR Commissioner Ivan Leshchina on Facebook. “We have just filed a new inter-State complaint to the ECHR regarding the Kremlin’s Ukrainian political prisoners,” he said.

    The 130-page application contains human rights violations against 71 political prisoners. In the claim, Russia was …

  • Kremlin refuses to save Russian ruble

    The ruble’s latest collapse will not force the Russian government to stop buying foreign currency on the Moscow Exchange, the Central Bank of Russia warned.

    The dollar’s 3.6 and the euro’s 2.8 ruble spike are “the market’s natural reaction” to the threat of new sanctions, and currency interventions, during which the Finance Ministry has already bought more than $30 billion and plans to buy another $6 billion in August, will continue, the regulator said in a statement released on Friday.

    The …

  • Russian Foreign Minister: Putin is ready to meet with ‘unfriendly’ Trump

    The Russian Foreign Minister, Sergey Lavrov said that Russia was ready to “meet even with representatives of the states that lead unfriendly policies – including the USA”, TASS reported.

    Commenting on the relevance of a meeting in the light of Washington’s statements on sanctions, Lavrov answered, “We have never avoided communication, including with representatives of the states that have adopted a clearly unfriendly policy towards us”.

     “If the two leaders feel the need to meet and refer to …

  • Russia threatens to decrease investments in US national debt

    In response to the new U.S. sanctions, Russia will continue to dispose of the U.S Treasury bonds as well as increase payments in national currencies, the Kommersant newspaper reports, citing the statement of the First Deputy Prime Minister of the Russian Federation, Finance Minister Anton Siluanov, made during the broadcast of Russia -1 TV channel.

    "We have reduced investments to a minimum. We will continue to reduce our investments in the U.S. economy and American treasury bonds and will …