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Standard and Poors confirms Russia's junk credit rating.
Standard & Poor’s kept Russia’s credit Rating at BB+ level, below investment grade.
The rating was initially cut down to junk level at the end of January 2015.
S&P stripped Russia of its investment grade in January for the first time in a decade as plunging oil prices and sanctions over the conflict in Ukraine push the world’s largest energy exporter into its first recession since 2009. The penalties have locked Russian corporate borrowers out of international debt markets, spurred capital …
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Norway will not take refugees entering from Russia.
Norway said it will send refugees entering from Russia back.
Syrian refugees which arrive in Norway through Russian border will be sent back if they previously have stayed in Russia for a lengthy period of time.
“Some persons who apply for a refugee status have lived in Russia for a long time. This would imply that they are not escaping war or poverty and do not require Norway to provide their safety since Russia has already done so " said the justice and national safety minister of Norway …
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The latest from the Middle East
ISIS Leader killed
ISIS has confirmed the death of one of its prominent leaders. Abu Bakr al-Baghdadi was killed in Iraq when his convoy was hit by an air strike.
United States disclosed this information as early as August 21 but the official confirmation from ISIS appeared only now.
Russian air strikes
During the last day Russian planes conducted as many as 90 air mission over Syria. Russia says that the main targets of these missions were the fortified positions of ISIS over Latakia, …
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Ukraine terminates all air traffic with Russia.
The Ukrainian Ministry of Infrastructure has announced a complete cessation of air communication with Russia.
This comes after a continued lack of response from the Russian air communication department regarding the restrictions imposed on the Ukrainian airlines.
Ukrainian infrastructure department has decided to suspend all air traffic starting October 25th.
The Ukrainian ministry confirmed that the ban will be imposed on all the Russian airlines.
On September 25th Russian Prime Minister, …
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Czech Minister of Defense: It is possible that Russia is financing the influx of refugees to Europe.
Russia can be involved in financing of refugees and their transportation to Europe - said the Minister of Defense of Czech republic.
As reported by Radio Praha, Martin Stropnický, The head of the Czech Defense Ministry expressed his opinion in his interview to Czech MF DNES .
The minister shared the information received from the Hungarian Minister of defense concerning the transportation routes of the migrants to the EU border. The minister said that he was informed that the transportation of …