Contents tagged with Russia
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European gas prices soar after Russia’s Gazprom reduces deliveries through Poland
The European gas market after a short respite has soared again. On Monday, gas futures linked to spot prices at the Dutch TTF hub jumped by 13% and exceeded $ 900 per thousand cubic meters after the Russian gas giant Gazprom decided to drastically reduce gas deliveries through Poland and refused to book additional transit capacity through Ukraine.
At the last gas transit auction of the European GSA Platform, Gazprom booked only 31.4 million cubic meters per day through the Polish branch of the …
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$55 billion disappear from Russian banking system
The bankruptcy of several hundred banks and pension funds, which took place in recent years, left a $4 trillion rubles ($55 billion) hole in the Russian financial system.
The real value of the assets of 414 financial institutions, which are undergoing liquidation, is only 15% of the value indicated on their balance sheet, said First Deputy Director General of the Russian Deposit Insurance Agency (DIA), Andrei Melnikov.
Of the 4.7 trillion rubles ($65 billion) of declared assets, only about 700 …
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European Parliament: Russian State Duma elections may mot be recognized
The European Parliament at the plenary session on Thursday overwhelmingly approved a report on relations with Russia, in which it calls on EU countries not to recognize the Russian State Duma as legitimate if the three-day elections on September 17, 18 and 19 are rigged.
494 MEPs voted in favor of the document, prepared by the EP Committee on International Affairs for the European Commission and the European Council, with 103 votes "against" and 72 abstentions.
" The current Russian regime is …
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Kremlin wants to bring Russians living abroad back to Russia
The Russian government has approved a plan for the voluntary resettlement of “compatriots living abroad”.
By 2030, it is planned to bring back to Russia at least 500 thousand citizens, according to the resolution of the Cabinet of Ministers on amendments to the state program "Ensuring public order and combating crime".
Resettlement, according to the document, should be organized "by providing emigrants with state guarantees from the federal budget."
Temporary visiting groups of the Foreign …
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Russia starts blocking Google Docs
Russian authorities continue to expand restrictions on internet traffic trying to fully block the Smart Voting application.
Smart Voting is a voting strategy promoted by opposition leader Aleksei Navalny that makes the Kremlin and the ruling United Russia party nervous. It helps opposition-minded Russians vote for candidates deemed most capable of beating candidates from United Russia.
GlobalCheck reports that on Wednesday evening traffic to docs.google.com was blocked on the cellular …
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Russia scraps its lunar program
Work on the design of a super-heavy spacecraft for the first Russian manned mission to the moon has been stopped.
It was decided to completely stop it at the stage of technical design, which was carried out by the Progress Rocket and Space Center for Russian Space Agency Roscosmos, and was to be completed in October 2021, Progress’ general director Dmitry Baranov told RIA Novosti.
According to him, now Progress Rocket and Space Center together with Roscosmos "work on the program for the …
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Poland, following Belarus, shuts off main Russian oil export pipeline
The Druzhba oil pipeline, one of Russia’s largest oil export channels to the EU, has been paralyzed by Poland's and Belarus' synchronous decision to shut it off.
Both branches of the pipeline, built in the 1960s to supply Soviet oil to eastern European countries, were shut off over the weekend.
Belarus was the first to stop pumping oil. On August 9, the day of President Alexander Lukashenko's visit to Moscow, the state concern Belneftekhim stopped exports along Druzhba’s southern branch in …
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Sudan demands payment from Kremlin for Russian Navy base
The new authorities of Sudan, where president Omar al-Bashir, who ruled for 30 years, was overthrown two years ago, are unwilling to fulfill the agreement on a Russian Navy base and demand a revision of its terms.
According to RIA Novosti, the Sudanese Defense Ministry would like to receive economic assistance from Moscow for the next five years in exchange for a 25-year lease of the navy base in Port Sudan, which should become the first fort post of the Russian fleet in Africa since the …
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Lukashenko: Belarus to buy more than $1 billion worth of weapons from Russia
Belarus plans to purchase weapons from Russia for more than $1 billion and is also discussing deliveries of S-400 missile air-defence systems, said self-proclaimed president of Belarus Alexander Lukashenko during a visit to the military exercises Zapad-2021 at the Obuz-Lesnovsky training ground near Baranavichy.
"Now the S-300 systems completely shield Belarus from the western direction. But we have also added a southern direction," said Lukashenko
He noted that during the second part of the …
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Ukrainian President does not rule out possibility of full-scale war with Russia
Speaking at the Yalta International Conference YES, Ukrainian President Volodymyr Zelensky said he does not rule out the possibility of a full-scale war with Russia.
When asked by a moderator if there is a possibility of a full-scale war with Russia, Zelensky confirmed the possibility of full-scale hostilities and recalled that Ukraine had already been on the verge of a large-scale war with Russia.
"I think it can happen. It did in 2014. Unfortunately, Russia made the first step forward, and …