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Shinzo Abe Seeks To End Territorial Dispute with Moscow
Voice of America reports that Japanese Prime Minister Shinzo Abe called on Russian President Vladimir Putin to hold a summit to discuss the controversial Kuril Islands. The Prime Minister also wished to discuss a peace treaty between the two countries, as one hasn’t been signed since the Second World War.
According to the Japanese Prime Minister, it's not "normal" that Moscow and Tokyo have not signed a peace agreement in all this time. It has been 70 years since the end of World War II.
The …
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Ukraine Proposes New Trade Route to Bypass Russia
Ukraine will try to circumvent the blockade of the transit of goods through Russian territory by using a "New Silk Road". The route will be put to the test on January 15th as a train departs from the city of Ilyichevsk for a demonstration. This information was provided by the Ministry of Infrastructure of Ukraine, as reported by Apostrophe.
The Ministry stated that on January 15th the first train will ride the new "Silk Road" from Ukraine to China. The container train will leave from …
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Naftogaz Hires Prominent US Attorneys
National joint-stock company Naftogaz of Ukraine has engaged the law firm of Covington and Burling LLP (New York, USA) to protect the company’s interest in litigation concerning lost shelf assets in the Crimea. According to an announcement in the Visnyk Derzhavnykh Zakupivel public procurements bulletin, the gas transportation company signed a one-year agreement with the law firm on January 1st, 2016.
The cost of the agreement is $1.25 million (value added tax not included). “The services that …
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Russians continue to buy real estate in Turkey
Citizens of Russia continue to buy real estate in Turkey, despite the recent crisis in relations between the two countries following the incident in which a Russian plane that was shot down for violating Turkish airspace. Last year, real estate sales to Russians totaled $398 million worth of property.
Fatih Elibol, senior manager at the international real estate investment consultancy Realty-TR, noted in an interview with an AA reporter that Russians continue to buy property in Turkey despite …
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More blackouts for Crimean Residents
Residents of the Crimea are experiencing further electricity blackouts following the malfunction of two 22,500 MW gas turbine power stations which were recently delivered from eastern Russia in order to ensure the supply of power to the Crimean peninsula. The inhabitants of the annexed territory are now being asked to use electricity sparingly, Kerch.com reported.
The city of Kerch will primarily be affected, as repair crews will have to shut off three to five power lines providing electricity …