• Erdogan: Turkey will not join coalition that includes Syrian government

    Turkish President Recep Tayyip Erdogan refuses to take part in a coalition of Syria, Iran, Iraq and Russia against the so-called Islamic State.

    President Erdogan made this known in an interview with Al Arabiya, which will be broadcast in full on December 27th. In response to the invitation to join the coalition, Erdogan told Russian President Vladimir Putin that he could not sit next to a president whose legitimacy is questionable. President Erdogan was referring to Syrian President Bashar al- …

  • Danone to close two factories in Russia

    The French company Danone, one of the largest producers of dairy products in the world, will close two factories in Russia. According to a statement made by company representatives to the newspapers Izvestia, the French company will close its plants in Tomsk and Cheboksary.

    “After a company-wide reorganization, the Tomsk dairy plant will be closed. There will also be a consolidation of production facilities in Kemerovo and Krasnoyarsk. The Cheboksary dairy plant will also be closed and its …

  • Mutko: FIFA unfairly scrutinized from every angle

    Russian Sports Minister Vitaly Mutko has voiced his dissatisfaction with the investigation of FIFA corruption.  The Minister said that the International Football Federation is under serious pressure from investigators from the US and Switzerland who are in charge of the probe.

    "We can see how FIFA is put under a lot of pressure by the law enforcement systems of the United States and Switzerland; they professionally and methodically examine international football piece by piece. He who seeks …

  • Ukrainian Ambassador: UN needs to address conflict in Ukraine

    According to Ukraine’s Ambassador to the United Nations, Volodymyr Yelchenko, the UN has done very little to solve the Ukrainian conflict. During an interview with European Truth, the new ambassador, appointed two weeks ago,  stressed that he will put forth every effort necessary to make the international community pay more attention to the situation in Ukraine.

    "For example, look at the role of the UN Secretary General in resolving our conflict.  Frankly, it is close to zero," Yelchenko said. …

  • Deutsche Bank Tallies $10 Billion in Suspected Russian Money Laundering

    The money laundering scandal in the Russian branch of Deutsche Bank expands.

    According to new data, Russian customers conducted illegal bank operations worth 10 billion U.S. dollars, reported Reuters on Tuesday, December 22nd, citing sources familiar with the situation. Previously, the amount was estimated at about $6 billion but the internal investigation into the bank turned up new suspicious transactions.

    This September the bank sent the results of the investigation to the authorities …