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Maduro promises to bring 4G to Venezuela with Russia’s help
President Nicolás Maduro during his speech at the exhibition of innovations and technologies of the National Bolivarian Armed Forces said that Venezuela wants to increase country's telecommunications capabilities and create a 4G communication system with the help of Russian and Chinese technologies, reports Venezolana de Television TV channel.
Maduro stated that the National Corporation for telecommunications and postal services was established. It will be headed by Jorge Marquez who is the …
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Russia considers adopting cryptocurrency to bypass sanctions
Venezuela’s example of trying to bypass US sanctions using its own national cryptocurrency, the “petro”, has proved to be contagious.
The Russian government is now prepared to consider creating a national gold-backed cryptocurrency, said Elvira Nabiullina, head of the Central Bank of Russia, during a meeting of several parliamentary committees, reports finanz.ru.
Such a cryptocurrency is needed for BRICS countries to make payments on arms contracts, explained Vladimir Gutenyov, First Deputy …
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Estonian Finance Minister wants to spend less on upgrade of border with Russia
Estonian Finance Minister Martin Helme from the Conservative People’s Party of Estonia (EKRE) suggested that the country could save money by spending less on the border with Russia, RIA Novosti reports.
“The border must be built more cheaply than planned. Without all the bells and whistles. There are more rational solutions,” Helme said.
He also said that less money should be invested in the construction of public sector buildings. Instead, he called for investments that stimulate the economy. …
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Russia to deliver new batch of weapons to Central African Republic
A second batch of weapons is scheduled to be delivered to the Central African Republic (CAR) over the next few weeks, Viktor Tokmakov, second secretary of the Russian embassy in the CAR, told the RBC news agency on 23 May.
“We received authorization for the shipment already in January 2019, and now preparations are being made,” he said.
The new shipment will be done “free of charge” and will include only firearms and ammunition, Tokmakov noted. The exact arrival date is not known.
30 Russian …
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Russia promises to retaliate if US builds radar station in Norway
When the American radar station has been completed on the Norwegian island of Vardø in the Barents Sea not far from the Russian border, Moscow will take retaliatory steps, promised Russian Foreign Ministry Spokesperson Maria Zakharova during a press conference, RIA Novosti reports.
She noted that the Globus II station under construction on Vardø Island is only 50 km from Russia’s border, and will be used by Norway’s military intelligence.
“It is not really a secret for anyone that the …