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Russia will Lose an Estimated $60 Billion in 2016- Bank of Russia
Russia’s net capital outflow from January to November 2015 amounted to an estimated $53 billion. Experts believe that the outflow of capital from Russia in 2016 could reach nearly $60 billion. This forecast was announced by the head of the Department of Monetary Policy of the Bank of Russia, Igor Dmitriev, at the Gaidar Forum 2016, as reported by TASS.
"We don't expect a significant capital outflow in the coming year. Even under the risk scenario, it will be close to our 2015 numbers, about 60 …
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Russian Deputy PM Rogozin Visits Belgrade
After his visit to Belgrade, Russian Deputy Prime Minister Dmitry Rogozin expressed much cynicism towards Serbia and implied that it was setting itself up to be the site for a ‘Cologne Two’ scenario.
Rogozin’s visit to Serbia was marked by scandal, reports a correspondent of Radio Svoboda, Yulia Petrovskaya. After Rogozin said that Serbia faces a ‘Cologne Two’ situation in regard to its commitment to the European Union, the Serbian Deputy Prime Minister, Zorana Mihajlović, advised the Russian …
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Donetsk Court Withholds Evidence in Savchenko Case
The Chairman of the Donetsk City Court, Leonid Stepanenko, refused to add witness interrogation reports to the case file during Nadiya Savchenko’s trial, the former Ukrainian pilot who is standing trial in Russia for the deaths of 2 Russian journalists in eastern Ukraine. According to the defense, these documents confirm that there was a skirmish between two military units on the day of the Russian reporters’ deaths, the incident in which Savchenko is charged.
“The firefight wasn’t directed …
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Erdogan: Russia Is Attempting To Create New State in Syria
Reuters reported that Turkish President Recep Tayyip Erdogan believes that Russia intends to create a new state in Syria. According to the news agency, Erdogan said that the Russian air force continues to carry out attacks on Syrian Turkish rebels in the northern part of the country. He also harshly criticized Iran for using the situation in Syria, Iraq and Yemen in order to extend its influence in the region.
Relations between Russia and Turkey deteriorated after a Turkish F-16 fighter shot …
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Ukrainian rail company to file lawsuit against Russia
The Ukrainian Ministry of Infrastructure plans to file a complaint against Russia in the coming months.The Ukrainian Railway Company, Ukrzaliznytsya, which was established by the State Administration of Railroad Transportation of Ukraine, plans to file a claim against Russia for losses caused by the annexation of Crimea, as reported to UNIAN by Vladimir Omelyan, the Deputy Minister of Infrastructure. Ukrzaliznytsya is currently preparing the required documentation for the claim. If the Ministry …