Tag Archives: Russia

Elmau, Germany | Xinhua | The leaders of the Group of Seven (G7) nations vowed to “continue to impose severe and immediate economic costs” on Russia at the conclusion of their three-day summit on Tuesday. They said they were seeking to impose a “price cap” on Russian oil, but no specific …

Washington, U.S. | Xinhua | The White House has proposed a gasoline tax holiday in a bid to bring down record energy prices. But economists doubt such a move will have any major impact. “Such a tax holiday might reduce gas prices by up to 18 cents a gallon but will …

Tehran, Iran | Xinhua | Iran and Russia called for a boost to their comprehensive ties to benefit both countries, Iranian President Ebrahim Raisi said in a Thursday statement on his meeting with the visiting Russian foreign minister. Raisi told Sergei Lavrov that continuous meetings and talks between the officials of …

Rome, Italy | Xinhua | As the crisis in Ukraine sends global fuel prices spiraling higher, governments in European Union (EU) member states are scrambling for ways to reduce the economic impact their citizens are feeling at the gasoline pumps. Prices for gasoline surpassed 2 euros (2.1 U.S. dollars) per liter …

Moscow, Russia | Xinhua | Russian President Vladimir Putin said Tuesday that the country’s first Sarmat intercontinental ballistic missile system would enter combat duty by the end of the year. “We will continue to develop and strengthen our armed forces, taking into account potential military threats and risks,” Putin said during …

Berlin, Germany | Xinhua | Many European countries are considering turning back to coal to secure energy supplies as gas supplies from Russia slump amid EU sanctions in recent weeks. Germany, Austria, Poland, the Netherlands and Greece are among the first European nations to reopen coal power plants or take measures …

Ankara, Turkey | Xinhua | Turkey is to host a four-way meeting with the United Nations, Russia and Ukraine in Istanbul next week to discuss a possible Black Sea corridor for exporting Ukrainian grains, local media reported Tuesday. A Turkish military delegation will travel to Russia this week to discuss the …

Brussels, Belgium | Xinhua | The European Union is insisting on a ceasefire in Ukraine to allow millions of tons of grain to be exported, the EU’s foreign policy chief said on Monday. The Ukraine crisis is having serious consequences on hunger in the world, the EU’s High Representative for Foreign …

U.S. and Russia lead nuclear arms race with 90% of all nuclear weapons NEWS ANALYSIS | IAN KATUSIIME | The Russian invasion of Ukraine in February sparked fears of a direct confrontation between two of the world’s greatest superpowers, U.S. and Russia. The fears intensified because the two nations have …

Moscow, Russia | Xinhua | Russian gas giant Gazprom announced Saturday that it will stop gas delivery via both strings of the Turkish Stream pipeline from June 21 to June 28 due to scheduled annual maintenance. The suspension was agreed in advance by all interested parties, Gazprom said in a …