-
Russia tightens exit regulations for foreign businesses, imposing heavier financial penalties
In a move potentially complicating the departure of foreign businesses, the Russian Finance Ministry has enforced stricter conditions under Kremlin directives. As reported by the Russian newspaper Kommersant, the minimum discount rate on the sale of foreign assets in Russia is set to increase from 50% to 60%. Additionally, the mandatory gratuitous contribution to the Russian budget will now rise from the current 15% to 35% of the asset's market value. The Finance Ministry has distributed these …
-
Russian scientist proposes nuclear submarine for gas transport amid LNG sanctions
Mikhail Kovalchuk, a close associate of Vladimir Putin and the Director of the Kurchatov Institute, is once again making headlines with a bold new proposal. Kovalchuk, a known confidant of the Russian president, has suggested the development of a nuclear submarine designed to transport natural gas from Russia, reports the Russian news agency RBC, publishing a video presentation of the project.
According to the engineers at the Kurchatov Institute, the plan envisions a nuclear submarine …
-
German Foreign Minister: Putin unwilling to discuss peace in Ukraine
Russian President Vladimir Putin has shown no readiness to discuss mediation on Ukraine with German Chancellor Olaf Scholz, according to Germany’s Foreign Minister Annalena Baerbock. The statement comes ahead of Ukrainian President Volodymyr Zelensky's visit to Berlin, slated for Friday, October 11. Baerbock emphasized, "Ukraine is ready to establish a just peace,” highlighting the contrast in approaches to dialogue.
Speaking alongside Slovak Foreign Minister Juraj Blanár, Baerbock criticized …
-
Ukraine explores deployment of UK's DragonFire laser systems
Ukrainian Defense Minister Rustem Umerov announced that discussions with the United Kingdom are underway regarding the delivery of a new type of weaponry—DragonFire laser weapons. The minister stated that the project to provide DragonFire is in an active development stage, according to Interfax Ukraine.
"We talked about DragonFire. We are actively working on this project," Umerov stated during a television marathon.
He added that the talks covered not only Ukraine's operational needs but also …
-
Eastern NATO allies warn of imminent Russian threat to Poland and Baltic States
Eastern NATO military leaders are sounding the alarm on the realistic probability of a Russian military aggression against Poland and the Baltic States, underscoring the necessity for immediate retaliatory capability.
Officials from the eastern flank of NATO assert that Russia might target Estonia, Latvia, Lithuania, and Poland with its "imperialist expansionism" following the conflict with Ukraine. This concern was expressed by Lithuanian national security advisor Kęstutis Budrys at the …