Contents tagged with Russia
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Russian court freezes €463 million in UniCredit assets amid sanction dispute
A Russian court has frozen assets belonging to UniCredit Bank in Russia valued at €463 million following a lawsuit filed by RusKhimAlliance, one of the operators involved in the construction of a gas processing complex. The assets were seized in connection with the bank's refusal to breach European sanctions.
The gas processing complex in question, located in Ust-Luga, is a joint venture between Gazprom and RusGazDobycha. RusKhimAlliance’s lawsuit revolves around the suspension of work on this …
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Russia expels British Military Attaché in tit-for-tat move amid escalating tensions
On May 16, the Russian Ministry of Foreign Affairs declared the British military attaché at the UK Embassy in Moscow, Adrian Coghill, persona non grata. He has been given one week to leave the Russian Federation. The Russian Foreign Ministry explained this move as a response to the expulsion of the Russian military attaché from the UK, labelling it "hostile and unfounded."
"This measure does not exhaust our reaction to the May 8 hostile anti-Russian actions by the British side. The initiators …
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Putin and Xi cement strategic alliance amid rising tensions with US
Russian and Chinese leaders have reaffirmed their shared strategic interests and criticized what they see as the global dominance of the United States. During talks on Thursday, 16 May, the two sides agreed to expand political and economic cooperation.
Putin is currently on a two-day state visit to China. This marks his first overseas trip since his inauguration for a fifth term as Russia's president. At the outset of his visit, Putin emphasised the "unprecedentedly high level of strategic …
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International Economic Forum Russia – Islamic World kicks off in Tatarstan; Taliban, Iran, Turkey among honored guests
The 15th International Economic Forum "Russia – Islamic World", known as the Kazan Forum, is underway in Tatarstan. The program features 125 thematic sessions across 12 different directions and will continue until 19 May.
The goal of the 15th Kazan Forum is "to provide a platform for leading international experts in economics and finance from the Islamic world to strengthen ties between member countries of the Organisation of Islamic Cooperation (OIC) and the Russian Federation in economic, …
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Russian Defense Ministry's Personnel Chief Yuri Kuznetsov arrested on bribery charges
The head of the main personnel department of the Russian Defence Ministry, Lieutenant General Yuri Kuznetsov, who was detained the day before, has been arrested on suspicion of taking a particularly large bribe. A criminal case has been opened against Kuznetsov, announced Svetlana Petrenko, the official representative of the Russian Investigative Committee on Tuesday, May 14.
While serving as the head of the 8th Directorate of the General Staff of the Armed Forces of the Russian Federation, …
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Drone attacks target multiple regions in Russia, cause fire at refinery in Kaluga
Russian authorities reported a mass drone attack during the night of May 10 as unmanned aerial vehicles (UAVs) were spotted flying from Bryansk towards Moscow. Additionally, residents of the Kaluga region captured video footage of flames at an oil refinery that had previously caught fire in March due to a drone strike. Russian military officials did not comment on the refinery blaze, though it was mentioned by the local governor. The Russian Ministry of Defense reported the drone attack via its …
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Russia to withdraw troops from border posts and military bases in Armenia
Hayk Konjoryan, the leader of Armenia's ruling parliamentary faction from the "Civil Contract" party, has announced the decision to end the activities of the Russian border guards at Zvartnots International Airport in Yerevan has been made at the highest level, Aysor.am reports.
According to him, all Russian border and military posts established in five regions of Armenia after the year 2020 will cease operations in line with the reached agreement.
"Russian border and military posts placed …
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Ukrainian drone hits Russian oil refinery in historic 1,500 kilometer strike
A long-range drone operated by the Security Service of Ukraine (SBU) struck the Gazprom Neft Salavat refinery in Russia's Republic of Bashkortostan from a record distance of 1,500 kilometers, reports Interfax-Ukraine, citing its sources.
The source said, "Following a nighttime 'bang' at two oil depots in Russia's Krasnodar region, the long-range drone 'visited' Bashkortostan in the morning, hitting the Gazprom Neft Salavat refinery. The unmanned aerial vehicle targeted the oil catalytic …
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Ukrainian Air Force representative: considerable number of missiles required to destroy Crimean bridge
The Crimean Bridge could potentially be destroyed, but a significant number of missiles would be required for such an operation, said Ilya Yevlash, a representative of the Ukrainian Air Force, in his interview with Video NV.
He specified that there are certain points on the bridge structure that should be targeted to disrupt the reconstruction of the rail and road surfaces.
"It would require a lot of missiles, because the bridge is robust," he said.
Yevlash noted that specialists have been …
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Taliban officials to attend economic forum in Russia despite terror designation
Representatives from the Taliban, labeled a terrorist organization, will once again visit Russia as part of a delegation to the "Russia - Islamic World: KazanForum" economic forum. The forum will include Afghanistan's Minister of Civil Aviation and Transport and the Minister of Industry and Trade, as well as "around a hundred business community representatives." All are members of the government formed by the Taliban after seizing Kabul and gaining full control over Afghanistan. The delegation …