Section: Main news

      Huge Moscow mall opens as recession looms

      The opening in Moscow of Europe’s biggest shopping mall comes at an inopportune moment for investors backing the project. ||| Bloomberg MoscowTHE opening in Moscow of Europe’s biggest shopping mall comes at an inopportune moment for investors backing the project.The Aviapark mall opens its doors on Friday, just as Russia is headed...

      Sanctions, cheaper oil cost Russia

      Lower oil prices and Western financial sanctions imposed over the Ukraine crisis would cost Russia around $130 billion (R1 trillion) to $140bn a year – equivalent to about 7 percent of its economy – Finance Minister Anton Siluanov said yesterday. ||| Reuters MoscowLOWER oil prices and Western financial sanctions imposed over the Ukraine crisis...

      The fighter of the Volunteer Battalion with the self-made double machine gun
      Nov24

      The fighter of the Volunteer Battalion with the self-made double machine gun

      41 year old Ivan Savelyev who is the fighter 11th battalion of territorial defense Kyivska Rus with the self-made double machine...

      Poroshenko dismisses deputy SBU chief
      Nov24

      Poroshenko dismisses deputy SBU chief

      Ukrainian President Petro Poroshenko has signed a decree dismissing Andriy Levus as deputy chief of the Security Service of Ukraine (SBU). The decree was posted on the website of the head of state on Monday. Levus was dismissed from the post due to his election as a Ukrainian MP.

      Ukraine to buy one billion cubic meters of gas from Russia this year
      Nov24

      Ukraine to buy one billion cubic meters of gas from Russia this year

      Ukraine plans to buy one billion cubic meters of Russian gas by the end of 2014. Naftogaz of Ukraine CEO Andriy Kobolev said this on Monday, the Prime online news site reported. “We plan to buy one billion cubic meters of gas from Russia by the end of this year,” Kobolev said. As reported, Ukraine earlier planned to buy four billion...

      Russia loses $140 bln per year due to sanctions and oil prices
      Nov24

      Russia loses $140 bln per year due to sanctions and oil prices

      Russia loses about $40 billion a year due to sanctions and $90-100 billion due to a drop in oil prices. Russian Finance Minister Anton Siluanov said this at an international financial and economic forum, the Apostrophe online news site reported. “We lose about $40 billion a year because of geopolitical sanctions, and we lose about $90-100...

      Russia puts losses at R1.5 trillion

      Lower oil prices and Western sanctions will cost Russia around $130-140 billion (R1.5 trillion) a year. ||| Moscow – Lower oil prices and Western financial sanctions imposed over the Ukraine crisis will cost Russia around $130-140 billion (R1.5 trillion) a year – equivalent to around 7 percent of its economy – Finance Minister...

      iden, Davutoğlu: Energy Key to Resolving Security Challenges
      Nov24

      iden, Davutoğlu: Energy Key to Resolving Security Challenges

      Vice President Joe Biden and Turkish Prime Minister Ahmet Davutoğlu spoke at a special closing session of the 2014 Atlantic Council Energy and Economic Summit on the topic of European energy security. In the shadow of Russia’s annexation of Crimea and military intervention in Ukraine, Biden spoke of the need for Europe to diversify its...

      Russia puts annual losses at R1.5 trillion

      Lower oil prices and Western sanctions will cost Russia around $130-140 billion (R1.5 trillion) a year. ||| Moscow – Lower oil prices and Western financial sanctions imposed over the Ukraine crisis will cost Russia around $130-140 billion (R1.5 trillion) a year – equivalent to around 7 percent of its economy – Finance Minister...

      National Security and Defense Council: the shelling intensity of Ukrainian positions remains on the same level, 3 casualties among the Ukrainian military within last 24 hours
      Nov24

      National Security and Defense Council: the shelling intensity of Ukrainian positions remains on the same level, 3 casualties among the Ukrainian military within last 24 hours

      Kyiv, 24 October 2014 – Situation in the ATO-zone remains tense. “The shelling intensity won`t decrease. The terrorists try to recapture the territories under control of the Ukrainian Army and carry out attacks on the ATO forces positions in Donetsk, Debaltsevo, Lugansk, Mariupol directions and near Bahmutivska road. 3 soldiers were killed, 24 –...