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Russia
Central Bank Sees Inflation in Russia Cool and Keeps Interest Rates the Same
The Russian central bank has kept the key interest rate in the country unchanged at 7.5 percent. According to the central bank, inflation appears to be slowing and will reach between 12 and 13 percent by the end of this year.
After…
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Erdogan and Putin Want to Make Turkey a Gas Hub
Turkish President Recep Tayyip Erdogan has agreed with his Russian counterpart Vladimir Putin to set up a natural gas hub in Turkey. The intention is that Europe can buy gas through this route, Erdogan told members of his AK party in the…
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Top Man Gazprom Threatens to Close Gas Tap at Maximum Price
If Europe sets a maximum price for Russian gas, Gazprom will turn off the gas tap. CEO Alexei Miller made that threat to the Russian state gas company.
"Such a unilateral decision would obviously conflict with existing contracts…
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Russia Fires Missiles at Ukraine Again
Russia carried out new missile and drone strikes on Ukraine on Tuesday, a day after such attacks left more than 100 victims across Ukraine. Explosions have been reported, including in the vicinity of the capital Kyiv.
In the…
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Intercalated G7 Virtual Summit on Ukraine
The G7 will hold an intercalated video-linked summit on Tuesday about the latest bombing raids on Ukraine. The German government has announced this, and President Volodimir Zelensky of Ukraine is participating.
The conversation…
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Moscow Stock Market Crashes Due to Escalation War in Ukraine
The stock market in Moscow fell hard on Monday due to fears of a further escalation of the war in Ukraine. Russia's MOEX index plunged nearly 12 percent at market opening, falling below 1,800 points for the first time since Russia's…
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Russia: At Least Three Dead in Explosion and Fire on Crimean Bridge
The explosion and subsequent fire on the bridge connecting Crimea to the Russian mainland killed at least three people on Saturday, Russia reports.
The fire is said to have been caused by a bomb that exploded in a truck. As a…
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UN Human Rights Council to Monitor Russia’s Situation
The United Nations Human Rights Council decided on Friday to monitor the situation in Russia. Never before has a resolution been passed focusing on Russia's human rights violations.
Of the 47 member states, 17 voted to appoint a…
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