Contents tagged with Russia
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Russian gas giant Gazprom drastically reduces transit through Ukraine as gas prices in Europe reach record highs
Gas price in Europe continues to reach new highs and is rapidly approaching $600 per thousand cubic meters.
On Monday, October gas futures on the ICE exchange jumped by 8% and reached $588 per thousand cubic meters.
Contracts pegged to the quotes of the EU's largest gas hub, TTF, are trading at around $584.5 per thousand cubic meters, up 6.7% for the day, 12% since the beginning of August and 195% since the beginning of the year.
Amid the new rally, Ukraine put up for action additional …
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Merkel to visit Russia for talks with Putin as gas prices in Europe continue to soar
German Chancellor Angela Merkel, who is leaving office after 16 years in power, will make her last visit to Moscow.
On August 20, Merkel will arrive in Russia for talks with President Vladimir Putin, reports Deutsche Welle, citing the German government’s spokesperson Steffen Seibert.
Seibert did not specify the program of the visit, the first for Merkel in a year and a half, adding that after Moscow, the Chancellor will go to Kyiv to meet with Ukrainian President Volodymyr Zelensky.
The …
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Russia detains chief designer of hypersonic weapons for treason
General Director and Chief Designer of JSC Research Enterprise of Hypersonic Systems (NIPGS) Alexander Kuranov was detained on August 12 by Russian FSB officers.
TASS reports, citing a source in law enforcement agencies, 73-year-old Kuranov is accused of treason. He is suspected of transferring development materials to foreign special services. The Lefortovo court of Moscow received a petition from investigators for the arrest of the scientist for two months, which was satisfied.
Doctor of …
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Germany detains British embassy employee suspected of spying for Russia
German law enforcement officers detained a British citizen David S. in Potsdam. He is suspected of working for the Russian special service.
According to a statement published on the website of the Prosecutor General's Office of Germany, the man was detained by employees of the German Federal Criminal Police Office, who are conducting an investigation. Search warrants were executed at work and at the suspect’s home.
"The accused is suspected of working for a foreign special service at the …
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Russia begins large scale military exercises in southern regions
On August 9, Russia has begun large-scale military exercises at training sites in the south of the country, in the annexed Crimea, Abkhazia and South Ossetia, reported the press service of the Southern Military District of the Russian Federation.
Tactical and special exercises will be held from August 9 to September 15 at 20 training sites in the Astrakhan, Rostov regions, the Stavropol Krai, Dagestan, North Ossetia, Chechnya, as well as in the annexed Crimea and at Russian military bases in …
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Kremlin promises to save Russians from imported goods
The import substitution program, which is being implemented in Russia, will allow a 2.5-time increase in the share of domestic products in the market, said Russian Defense Minister Sergey Shoygu at a meeting with the staff of the Krasmash plant on Friday.
The phasing out of imports, as follows from the minister's statement, will begin in the coming years. The government has set a goal to increase the share of Russian goods has been set by 2025.
The driving force of the country's economic …
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Russia’s VTB bank: we are in Cold War with the West
Russia's exit from the SWIFT payment system will happen only if European governments decide to take such tough measures against our country, said the Chairman of the Russian VTB Bank management board, Andrei Kostin, in an interview with the German newspaper Handelsblatt.
"I don't think that's ever going to happen, unless European governments want to take such tough measures against Russia. But so far, even the United States does not have such plans. They would prefer to cut us off from the …
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Russia: Black Sea is becoming a zone of ‘dangerous military confrontation’
The Russian Ministry of Foreign Affairs said that the Black Sea is turning into a "zone of dangerous military confrontation."
Director of the Fourth European Department of the Russian Foreign Minister Yuri Pilipson, answering a journalist’s question about the security situation in the Black Sea region, said that he believes that "military drills" in the Black Sea do not prevent, but provoke conflict situations. Pilipson pointed out to the joint military exercises of Ukraine with NATO member …
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Russian nuclear submarine breaks down in Baltic Sea
There was an accident on the Russian nuclear submarine K-266 Orel, reports the Danish Navy press service on its Facebook Page.
The submarine, which was built in the late 1980s, is equipped with two nuclear reactors and belongs to the same class as the Kursk submarine sunk in 2000.
According to the Danish Navy, the submarine stalled in the Baltic Sea near Aarhus, Denmark's second largest city, and was unable to move due to possible problems with the propulsion system.
The incident occurred on …
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Russian Foreign Minister: Russia is an example for entire world in its fight against COVID-19
Russia is ready to share with other countries its achievements in the field of epidemiology and health to combat the coronavirus pandemic, said Russian Foreign Minister Sergei Lavrov in an interview with the newspaper Komsomolskaya Pravda.
"Domestic vaccines and medicines are the result of the hard work of our scientists. The research base, approaches to epidemiology and health care organization have been formed in our country for decades. We owe the end results to the work of many generations. …