Contents tagged with Russia
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Kiev issues moratorium on payment of debt
The government of Ukraine has announced that it will not repay the $3 billion debt owed to Russia by the due date of December 20th. In addition, a $507 million commercial debt owed to several Russian banks will also be suspended.
Kiev cited Russia’s refusal to accept repayment terms already offered to other international creditors.
Ukrainian Prime Minister Arseny Yatseniuk did not specify how long the moratorium would last, but acknowledged that the Russian government would take legal action …
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Aksenov complains about Russia’s promises
The Russian Federation was slated to provide the Crimea with funds for the development of the peninsula and Sevastopol in particular until the year 2020. This assistance was pegged at 15 billion rubles per year. Close to the end of 2015, Crimea has yet to receive any of the funds from the federal program.
According to Russian news agency KrymInform, this was announced by the de-facto Prime Minister of Crimea Sergey Aksenov during a round table conference about the annexed territory and the …
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Polish deputy publishes report on war crimes in eastern Ukraine
Polish radio reported that the Deputy of the Lower Chamber of the Polish Parliament, Malgorzata Gosiewka, has published a report entitled “Russian War Crimes in Eastern Ukraine in 2014”. According to the report, in 2014 Russian soldiers and pro-Russian rebels committed numerous violations of international law, including the deprivation of freedom, physical and mental torture, robbery and murder.
The report was initiated by the Ukrainian Rada's request for the International Criminal Court to …
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Josh Earnest: Putin’s words on Syria due to economic isolation
The economic sanctions that the West imposed against Russia over its actions in eastern Ukraine have led Russian President Vladimir Putin to seek a unified resolution to the situation in Syria, White House Press Secretary Josh Earnest stated.
Speaking during his annual end-of-the-year news conference, Putin said he was convinced that Washington was prepared to "move toward settling the issues that can only be settled through joint efforts." The Russian President went on to assert that the …
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Russian Air Force violated Estonian airspace
Tallinn has accused Russia of violating its airspace. According to the country's Defense Ministry, a Russian Antonov An-72 military transport plane breached Estonian airspace for less than a minute on Thursday. The incident occured near Vaindloo island, off the country’s northern coast on the Baltic Sea.
According the its flight plan, the An-72 was supposed to stay in international airspace, though it flew over Estonian territory without attempting to contact Estonian dispatchers.
The …
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Paris Court of Appeals Delivers The Next French Slap to Russia
RIA Novosti reported that the Paris Court of Appeals refused to suspend the decision to seize French assets belonging to Yukos Oil Company. The Russian Federation recently moved to suspend enforcement of The Hague Court’s decision to confiscate the Russian property, as well as the order to pay $50 billion to the former shareholders of Mikhail Khodorkovsky’s company.
In mid-June, the courts in Belgium and France seized several Russian assets, especially the accounts of a number of companies and …
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Nord Stream 2 Pipeline Issue to Be Raised at Next EU Summit
The construction of the second branch of the gas pipeline under the Baltic Sea for transporting natural gas from Russia to Germany is causing heated debates in the European Union.
The controversial issue of the construction of the new gas pipeline Nord Stream 2 will be, according to reports from the diplomatic community, one of the themes of the EU summit in Brussels on Friday, December 18th. According to the DPA agency, the final document of the meeting of the Heads of State and Government …
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Trump: Putin's compliments are a great honor
Donald Trump reciprocates the compliments by Vladimir Putin
The leading presidential candidate from the Republican Party, Donald Trump, told ABC that for him it's a "great honor" to receive a compliment from Vladimir Putin.
Trump made this statement on Thursday after the ABC broadcast of an interview with Putin in which the Russian president called the American businessman and showman a "colorful, talented" person that wishes to put U.S. - Russia relations on a more solid ground. "How can …
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IMF recognizes status of Ukraine’s debt
Ukraine’s debt to Russia is set to mature on December 20th. Recently, however, the International Monetary Fund (IMF) lifted the ban on lending to countries with existing overdue sovereign debt, so Ukraine’s unpaid "debt of Yanukovych" will not prevent the IMF from further cooperation with Kiev.
The Executive Committee of the IMF officially recognized the $3 billion Eurobond that Ukraine owes to Russia as sovereign debt, not commercial. Consequently, Ukraine will have to demonstrate that it is …
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Putin comments on Nemtsov investigation
During his annual Q & A session with journalists, Russian President Vladimir Putin encouraged those who demand progress in the investigation of the assassination of Boris Nemtsov to be patient.
"I knew him personally. He chose a path of political battle, and he was not alone...and I believe that is a crime that must be investigated thoroughly", Putin stated.
Nemtsov, an outspoken critic of Putin, was gunned down in February of this year, just steps from the Kremlin. The former Minister had …