loading… President Vladimir Putin. Russia defaulted on its foreign debt for the first time since 1998. Photo/REUTERS MOSCOW – Russia has failed to pay foreign debt for the first time since 1998. It came after the country missed a Sunday deadline to make $100 million in interest payments. Russia does have the money and is … Read more
loading… Russian President Vladimir Putin. Photo/REUTERS MOSCOW – Western countries have mismanaged the global economy, and the whole world is now paying the price for their incompetence. The assessment was expressed by Russian President Vladimir Putin on Monday (6/6/2022). He made the claim while addressing the St Petersburg International Economic Forum (SPIEF). The annual international … Read more
loading… The European Union (EU) countries have reached an agreement on their sixth package of sanctions against Russia over its invasion of Ukraine. Here are some of the main elements and facts of the sanction. Photo/Doc BRUSELLS – The European Union (EU) countries have reached an agreement on their sixth package of sanctions against Russia … Read more
loading… Russian Deputy Foreign Minister Alexander Grushko. Photo/tass MOSCOW – Seizing Russia’s foreign exchange reserves would be a “complete violation of the law” and would undermine the basis of international relations. The statement was made by Deputy Foreign Minister of Russia Alexander Grushko, commenting on the idea put forward by top EU diplomat Josep Borell. … Read more
– News © Burt Sytsma Photography – Fertilizer manufacturer EuroChem in Antwerp has received permission from administrators to partially resume production. The company was co-owned by Russian oligarch Andrei Melnichenko, who is subject to sanctions imposed by the European Union (EU). Melnichenko has meanwhile completely withdrawn from the company. – The bank assets of the … Read more
loading… Russian President Vladimir Putin called the latest round of sanctions imposed by the US and its allies signaling the end of an era. Foto/nydailynews.com MOSCOW – President Vladimir Putin argues that the latest round of unprecedented sanctions imposed on Russia by United States of America (US) and its allies over the Kremlin’s military campaign … Read more
/data/photo/2022/03/03/6220c6f07d102.jpg "Putin Underestimates Bombardment of Western Sanctions, Thinks Russia Will Be More Invulnerable")
KOMPAS.com – Government Russia stated that they would face a new economic crisis following a series of economic sanctions from the United States (US) and its allies from Western countries. Putin also threatened to retaliate against the economic sanctions imposed. Retaliation will be carried out starting from a ban on the export of strategic products … Read more
Jakarta, CNBC Indonesia – The Russian government has threatened to pay international bondholders denominated in rubles instead of US dollars, days before maturity. Anton Siluanov, Russia’s finance minister, said on Sunday that it would be “absolutely fair” for Russia to make all payments on its sovereign debt in rubles until western sanctions that he claims … Read more
KOMPAS.com – Government Russia stated that they would face a new economic crisis following a series of economic sanctions from the United States (US) and its allies from Western countries. Putin also threatened to retaliate against the economic sanctions imposed. Retaliation will be carried out starting from a ban on the export of strategic products … Read more
loading… The US commercial aircraft manufacturer, Boeing has officially stopped buying titanium from Russia. PHOTOS/REUTERS JAKARTA – United States (US) commercial aircraft manufacturer, Boeing officially stopped buying titanium from Russia. The move was the company’s response to the Kremlin which had previously threatened to stop shipping titanium to the company, in retaliation for a series … Read more