-
Former US ambassador urges American businessmen to leave Russia immediately
The arrest of the US citizen Michael Calvey, founder of Baring Vostok, the largest direct investment firm in Russia, should be perceived as a signal for all American businesses that continue to operate in Russia, believes Michael McFaul, former US ambassador to Moscow.
According to McFaul, the incident with Calvey, who has been sent to a pre-trial detention center for 2 months due to a corporate conflict surrounding Vostochny bank, shows that it’s time for Americans to close up shop in …
-
Iran asks Russia for $5 billion
The Iranian parliament approved a decision to borrow $5 billion from Russia in a session on Sunday.
According to MehrNews, the Iranian lawmakers voted for amendments to the budget law which would include Russian money on the list of state revenue sources for the coming financial year, which will begin on 21 March (the year 1398 according to the Persian calendar).
The funds will be allocated to infrastructural projects, including nuclear energy, electrical energy, railway transport, as well …
-
United Arab Emirates buys Russian Kornet and Pantsir missile systems
The United Arab Emirates has signed a contract with Russia for the purchase of Kornet-E anti-tank missile systems and Pantsir anti-aircraft missile systems, UAE Brigadier General Mohammed Hassaini stated at the international exhibition of weapons and military equipment IDEX in Abu Dhabi.
“The cost of the contract amounted to 146.92 million dirhams ($ 39.7 million) and more than 45 million dirhams ($ 12.1 million) for Kornet-E and Pantsir, respectively,” TASS quoted the general as saying. He …
-
Kyiv: Ukraine insists on a permanent international mission in the Kerch Strait
Ukraine insists on a permanent observation mission in the Kerch Strait, and Russia does not agree with this, Interfax Ukraine quoted Ukrainian Foreign Minister Pavlo Klimkin as saying.
“We are now talking about making this mission permanent and observing both from space and from water in order to know exactly what Russia is doing and not doing there... We need to get a permanent mission. Russia refuses it,” the minister told reporters in Munich.
The Ukrainian Foreign Minister noted that he …
-
Russia starts supplying Saudi Arabia with Kalashnikov rifles
Aleksandr Mikheev, the Director General of Russia's state agency for exports/imports of defense-related and dual use products (Rosoboronexport), stated at the IDEX arms exhibition that Russia has begun supplying Kalashnikov automatic weapons (AK-103) to Saudi Arabia, RIA Novosti reports.
According to him, the next stage is creating a new licensed production automatic weapon for Saudi Arabia and also for other third world countries.
In the next three to four months, the two parties will …