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Forbes: Putin's Son-in-Law is a Billionaire
Kirill Shamalov, the co-owner of the petrochemical holding company, SIBUR, who is also the son-in-law of Vladimir Putin, is a billionaire, as reported by Glavnoe on Tuesday, January 12th.
According to Forbes, the estate of Kirill Shamalov is estimated at 1.2 billion dollars. However, a representative for Shamalov has not confirmed this information. The publication notes that Shamalov is likely a billionaire as a result of the transaction between SIBUR and the Chinese State Company, Sinopec. …
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FIFA Candidate is Willing to Review 2018 and 2022 World Cup Bids
The head of the Asian Football Confederation (AFC), Sheikh Salman bin Ibrahim al Khalifa, as a candidate for the presidency for the International Football Federation (FIFA), has announced his readiness to review the bidding processes for both the 2018 and 2022 World Cup sites as reported on Tuesday, January 12th, on insidethegames.biz.The Sheikh stated that if he was elected as FIFA President, the voting results of the elections that selected the host countries for 2018 and 2022 may be …
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PACE: Russia Awaits New Sanctions
The powers of the Russian delegation to the Parliamentary Assembly of the Council of Europe (PACE) will continue to be suspended because of the annexation of Crimea and the war in the Donbas region.
State Duma deputies representing Russia at the Parliamentary Assembly of the Council of Europe (PACE) could receive a cold reception from some of their European colleagues during the opening of the winter session. It will begin its work on January 25th in Strasbourg. According to a source in the …
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Russia to Deploy Three New Divisions along Western Border
The Russian Minister of Defense, Sergey Shoygu, stated that three new divisions of the Armed Forces of the Russian Federation will be deployed along the Western border in 2016.
“I can’t but mention such a critical task, which is the formation of three divisions in Western direction. The task is extremely important,” Shoygu said. The Minister of Defense stressed that alongside the creation of the new divisions, there is a need to set up proper infrastructure including barracks, firing ranges …
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Obama: Ukraine is slipping away from Russia's orbit
During his eighth and final State of the Union Address, US President Barack Obama made two brief mentions of Ukraine, a topic that had been an integral part of his foreign policy assessment during his annual address last year.
One comment addressed the ailing Russian economy and the Kremlin's inisistence on providing military aid to separatists in eastern Ukraine and President Bashar al-Assad's regime in Syria.
"Even as their economy contracts, Russia is pouring resources to prop up Ukraine …