• 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. …

  • 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 …

  • Ambassador Chaly: Ukraine Will Soon Receive Military Assistance from the U.S.

    The Ukrainian Ambassador to the United States, Valeriy Chaly, said that in the coming months, Ukraine will start receiving military aid from the United States. He recalled that the U.S. Congress is introducing specific changes to the legislation on military assistance to Ukraine and that the U.S. budget for 2016 includes 658 million dollars of military aid to Ukraine. However, he said that in order to receive such assistance and specific resources for certain goals, special legislative …

  • 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 …

  • 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 …

  • 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 …

  • Russian Government Considering 10 Percent Budget Cut

    The Russian Federation plans to start the year by again making budget amendments including a 10 percent spending cut due to the sharp decline in oil prices and the economic recession, Reuters reported. According to their sources, after a meeting with the Russian Prime Minister, Dmitry Medvedev, it was decided to adjust approved spending to 90% of the previously approved amount. "We have the minutes from the meeting. According to it, government offices are required to create new budget …

  • OSCE Observers Recorded Thirty-two Tanks in Occupied Donbas Region

    On the 9th of January, observers of the OSCE Special Monitoring Mission (SMM)to Ukraine recorded 32 tanks (T-72 and T-64) in the temporarily occupied territories which are under the control of the so-called Donetsk People’s Republic (DPR). The tanks were seen in Ternov, 57 km east of Donetsk, the report says.

    The report notes that observers also found a T-64 tank the next day on the 10th of January in the territory that is controlled by the so-called Luhansk People’s Republic (LPR), in Uspensk, …

  • Construction of the South Stream Pipeline Postponed

    The construction of the South Stream Pipeline remains suspended, as reported by Bulgarian National Radio based on Russian sources. Earlier the Standard, a Bulgarian newspaper, stated that the construction of the South Stream Pipeline may resume in the next few weeks. They reported that their sources stated that the delay is due to the deterioration of Russian-Turkish relations and the refusal of the Turkish Stream project which was discussed as an alternative to the South Stream.

    On Monday, a …

  • Russia to Stop Exporting Electricity to Ukraine

    Russia decided not to renew contract negotiations on the supply of electricity from Russia to Ukraine after its refusal to buy Ukrainian electricity for Crimea. According to the newspaper Kommersant, “Russia will stop commercial energy supplies to Ukraine. The contract will not be renewed in its last year.”

    The Russian Federation’s Ministry of Energy stated that “Russia does not negotiate about the supply of electricity from Russia to Ukraine. We will not renew the present agreement, as …