Brussels, Belgium | Xinhua | The European Union on Thursday imposed more sanctions on Russia over its conflict with Ukraine, including a ban on gold imports and the tightening of export controls on high-technology goods. The “reinforced, prolonged EU sanctions against the Kremlin send a strong signal to Moscow: we will …
Read More »Are the BRICS breaking up?
There appears to be an identity crisis over attempts to turn it into a platform for Chinese and Russian interests COMMENT | SHASHI THAROOR | The recent virtual BRICS summit, which brought together the heads of state and government of Brazil, Russia, India, China, and South Africa, was interesting as …
Read More »Iran says to gradually eliminate dollar in trade with Russia
Tehran, Iran | Xinhua | Iran’s chief banker said the U.S. dollar will be gradually eliminated from Iranian-Russian economic transactions, the official news agency IRNA reported on Thursday. The trade volume between Iran and Russia stood at 4 billion U.S. dollars, which can be conducted through the Iranian currency rial and …
Read More »Spain rejects EU proposal to cut gas consumption by 15 pct
Madrid, Spain | Xinhua | The Spanish government rejects the plan announced Wednesday by the European Commission to cut gas consumption by 15 percent in the coming months in view of the possibility that Russia will cut gas supplies to Europe, Teresa Ribera, minister for ecological transition, has said. “Whatever happens, …
Read More »Russia fines Google 369 mln USD for not removing banned info
Moscow, Russia | Xinhua | A court in Moscow ruled on Monday to fine Google LLC 21.077 billion rubles (about 369 million U.S. dollars) for repeated failure to delete content prohibited in Russia. The administrative fine amounts to one tenth of the revenue of Google and its affiliated companies registered with …
Read More »EU to ban Russian gold imports in new sanctions package
Brussels, Belgium | Xinhua | The European Commission on Friday adopted a proposal for a seventh package of measures that will ban the importation of Russian gold. The proposal is part of a new set of measures that are intended to improve the implementation and effectiveness of the EU’s six earlier …
Read More »Middle East is not someone’s backyard: China spokesperson
Beijing, China | Xinhua | The people of the Middle East are the masters of the region, and the Middle East is not someone’s backyard, let alone a so-called “vacuum,” Chinese foreign ministry spokesperson Wang Wenbin said Friday. Wang made the remarks at a routine press briefing when asked to comment …
Read More »Iran rejects U.S. claim of sending drones to Russia as “baseless”
Tehran, Iran | Xinhua | Iranian Foreign Minister Hossein Amir-Abdollahian on Friday rejected a recent U.S. claim that Iran is providing Russia with drones for use in Ukraine as “baseless” and politically motivated. Amir-Abdollahian made the remarks in a phone call with his Ukrainian counterpart Dmytro Kuleba, according to a press …
Read More »Russia sees progress of quadripartite talks on grain exports
Moscow, Russia | Xinhua | Russia, Turkey, Ukraine and the United Nations have reached consensus on some issues regarding grain exports and the negotiation will continue, the Russian Foreign Ministry said Thursday. There was a substantive discussion during the talks in Turkey’s Istanbul on Wednesday and some elements of possible agreements …
Read More »Russia legalizes special economic measures to support military operations abroad
Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a law on Thursday allowing the government to take special economic measures to support the armed forces during their counter-terrorism and other operations abroad. The Russian government is authorized to provide all necessary assistance to the armed forces, including “temporarily reactivating …
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