Contents tagged with Russia
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U.S. and EU completely block Russia from the latest technology buying channels
Western countries are stepping up enforcement of sanctions against Russia, cutting Moscow off from the last, illegal channel for buying technology for its military industry.
Following Germany, where alexander S., who is suspected of selling sanctioned equipment to Russian special services, was detained in May, a similar attempt to export restricted technology to Russia was revealed by the US authorities.
The US Department of Commerce announced the inclusion in the "blacklist" of three Russian …
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Russian military aircraft disrupts Spanish Prime Minister’s press conference in Lithuania
Russian military aircraft disrupted the briefing of Spanish Prime Minister Pedro Sanchez and Lithuanian President Gatanas Nauseda, which took place at the NATO air base in the Lithuanian city of Šiauliai, reported the Spanish newspaper El Mundo.
During Nauseda's speech, a representative of the Spanish air force contingent stationed in Lithuania approached Sanchez notifying him of an unidentified Russian aircraft over the Baltic Sea.
After the alarm signal in the room where the press …
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China praises Russia’s decision to convert its U.S. dollar holdings to yuan
The Chinese authorities welcome the increase in the yuan's share in the Russian National Welfare Fund (NWF), said at a briefing Chinese Foreign Ministry spokesman Wang Wenbin.
"We welcome a significant increase in the share of renminbi (the official name of the Chinese currency) in the holdings of the Russian National Welfare Fund. This demonstrates Russia's confidence in China's economic growth and prospects for China-Russia cooperation," he said.
"We will continue to deepen mutually …
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France urges EU countries not to recognize Russian COVID vaccine
Paris believes that the European Union countries should not recognize COVID-19 vaccines created in China and Russia, said the Secretary of State for European affairs in the French government, Clément Beaune, speaking on the air of the TV channel France 2.
He pointed out that the list of vaccines, which will allow travelers to enter France, should be limited to those vaccines, in the effectiveness of which the French authorities are confident. So far, only four vaccines have been recognized in …
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Russia loses $2 billion after converting its U.S. dollar holdings to yuan and gold
The de-dollarization of the Russian National Welfare Fund (NWF), announced with fanfare at the St. Petersburg International Economic Forum, immediately resulted in losses.
In June, the Russian Finance Ministry converted its dollar holdings into gold, euro and Chinese yuan and reported a reduction in the NWF’s liquid assets by 363 billion rubles ($4.85 billion), according to the data on the Ministry’s website.
Of the $39.8 billion or 20% of liquid assets that the Fund had at the beginning of …
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Zelensky wants to discuss Nord Stream 2 with Merkel
Ukrainian President Volodymyr Zelensky said that he intends to meet with German Chancellor Angela Merkel and discuss with her the Nord Stream 2 gas pipeline.
"Tthere will be an important meeting with Mrs. Merkel on energy security not only for Ukraine, but also for Europe. Thanks God that Europe does not feel these threats yet," Zelensky said at a press conference with Lithuanian President Gitanas Nauseda in Vilnius.
The Ukrainian President stressed that security, not the economy, should be …
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Putin approves new National Security Strategy preparing Russian economy for war
The economy of the Russian Federation, all its entities and municipalities must be prepared to provide protection against armed attack and meet the needs of the state and the population in wartime, reads the updated National Security Strategy of the Russian Federation, which was approved by President Vladimir Putin.
The document, which is prepared by the Security Council, is the cornerstone for all government decisions and serves as the basis for the formation of industry strategic doctrines. …
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Baltic countries to stop energy imports from Russia and Belarus
The Baltic countries are beginning to exit the electricity network with Russia and Belarus, which they have been using since the Soviet times.
According to Interfax, on Tuesday, Lithuanian electricity transmission system operator Litgrid AB announced a three-fold reduction in the electricity intake from Belarus.
From September 15, the maximum transmission capacity from Belarus to Lithuania will be reduced from the current 1,250 megawatts to 400 megawatts.
Lithuania has restricted electricity …
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Russia invites Lukashenko to visit Crimea
“Crimea is ready to welcome the President of Belarus Alexander Lukashenko”, said the head of Crimea, Sergey Aksyonov, on his VKontakte page.
"When our president and foreign ministry agree on the visit of the Belarusian leader, we will be happy to welcome Alexander Grigoryevich in Crimea," Aksyonov wrote.
Aksyonov called Belarus the "closest" and "brotherly" country. The head of annexed Crimea expressed confidence that Lukashenko, as well as all other Belarusian citizens, will feel at home in …
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France hopes Russia won't interfere in forthcoming presidential elections
The French leadership hopes that Russia will not interfere in the presidential elections in 2022 but Paris is under no illusions about the practices of hacking and information attacks that Russia uses against other countries, said in an interview with LB.ua Pierre Person, a member of the French National Assembly and one of the closest associates of President Emmanuel Macron.
"In 2017 and 2018, during a meeting with the Russian leadership, President Macron made it clear that such interference …