The world should be multi-polar, but the US attempts to restrain the development of other countries to maintain its hegemony, said Vyacheslav Volodin, Chairman of the Russian State Duma
Russia has consistently said it won't sell oil to countries that participate in the price cap
India on Monday stoutly defended its import of crude oil from Russia amid the Ukraine conflict with External Affairs Minister S Jaishankar asserting that New Delhi's procurement was just one-sixth of the European purchase in last nine months, in comments that came as a G7 price cap on Russian crude at USD 60 a barrel came into effect. At a media briefing after holding wide-ranging talks with visiting German foreign minister Annalena Baerbock, Jaishankar also noted that Europe can't make choices to prioritise its energy needs while asking New Delhi to do something else, asserting that discussions between India and Russia to expand the trade basket started much before beginning of the Ukraine conflict. The two foreign ministers also inked a bilateral mobility pact that will make it easier for people to study and work in each other's country even as the two sides vowed to ramp up cooperation in areas of defence and security, trade, climate change and clean energy. In the joint presser,
Explosions rocked two air bases in Russia on Monday, Russian media reported. One of the explosions reportedly happened at a base that houses nuclear-capable strategic bombers that have been involved in launching strikes against Ukraine. Neither Ukrainian nor Russian authorities immediately commented on the possible cause of the blasts. Russian state RIA Novosti news agency said three servicemen were killed and six others injured, and a plane was damaged, early Monday when a fuel truck exploded at an air base in Ryazan, in western Russia. The base houses long-range flight tankers that serve to refuel bombers in the air. Separately, authorities in the Saratov region along the Volga River said they were checking reports about an explosion in the area of the Engels air base, which houses Tu-95 and Tu-160 strategic bombers that have been involved in launching strikes on Ukraine. Those bombers are capable of carrying nuclear weapons. Saratov regional governor Roman Busargin said there wa
The bloc has so far frozen about €18.9 billion of assets belonging to sanctioned Russian individuals and entities since Vladimir Putin's February invasion of Ukraine
The US shipped a record 450,000 barrels/day to India in November
Google has purged thousands of YouTube channels in China, Russia and Brazil as part of its investigation into coordinated influence operations
Russian authorities rejected a price cap on the country's oil set by Ukraine's Western supporters and threatened Saturday to stop supplying the nations that endorsed it. Australia, Britain, Canada, Japan, the United States and the 27-nation European Union agreed Friday to cap what they would pay for Russian oil at $60-per-barrel. The limit is set to take effect Monday, along with an EU embargo on Russian oil shipped by sea. Kremlin spokesman Dmitry Peskov said Russia needed to analyze the situation before deciding on a specific response but that it would not accept the price ceiling. Russia's permanent representative to international organizations in Vienna, Mikhail Ulyanov, warned that the cap's European backers would come to rue their decision. From this year, Europe will live without Russian oil," Ulyanov tweeted. "Moscow has already made it clear that it will not supply oil to those countries that support anti-market price caps. Wait, very soon the EU will accuse Russia of using
It aims to establish "common basic standards" for penalties, the Commission said in statement
India will continue to buy crude oil from anywhere in the world, including Russia, to meet its energy needs, a top official said ahead of EU restrictions on Russian oil kicking in. The executive body of the European Union has asked its 27-member countries to cap the price of Russian oil at USD 60 as part of the West's attempt to squeeze Moscow's oil revenues and limit its ability to wage war in Ukraine while keeping global prices and supplies steady. "Unlike Iran and Venezuela, there are no sanctions on buying oil from Russia. So anyone who can arrange for shipping, insurance and financing outside of the EU can buy oil," the official said. The price caps are part of the EU's plan to use its clout in insurance and shipping industries to crimp Moscow. "We will continue to buy oil from anywhere in the world including Russia," he said. Under the price-cap system that kick-in from December 5, companies shipping Russian oil outside of Europe would only be able to access EU insurance and
Vladimir Putin has fallen down the stairs at his official residence and soiled himself while continuing to suffer from cancer
The surge in costs reflects the challenges faced by suppliers of Russian crude ahead of the deadline when the EU, including some of the world's top tanker owners
Russia on Thursday put into effect a new version of its foreign agents law that expands authorities' powers to consider anyone under foreign influence to be an agent of another country. Under previous versions of the law, officials had to show that an organization or individual had received financial or material assistance from overseas to be designated an agent. The new version of the law was signed in July by President Vladimir Putin. Foreign influence is considered to be the provision of support by a foreign source to a person or influencing a person including by coercion, persuasion or other means', according to a statement from the Duma, the lower house of parliament. The new law is the latest move in a long-running crackdown on opposition supporters, independent media and human rights activists. The law obliges organizations to publicly identify themselves as being foreign agents; media outlets designated as agents must run a lengthy statement to that effect with their storie
The Dutch prosecutor's office said Thursday that it will not appeal the acquittal of a man charged in the shooting down of a Malaysia Airlines passenger jet as it flew over eastern Ukraine in 2014, citing concerns over the stress it would place on the families of the 298 people killed in the tragedy. Earlier this month, a court in the Netherlands convicted three other men in absentia for supplying the Russian surface-to-air missile which was used to bring down Flight 17, killing everyone on board the Boeing 777. Oleg Pulatov, a Russian who was the only suspect represented by defense lawyers at the trial, was acquitted for lack of evidence. An appeal would be a great burden for the next of kin, because they would then remain in uncertainty about the outcome of the criminal case, the Netherlands Public Prosecution Service said in a statement. All of the men are believed to be in Russia, which does not extradite its own nationals. Through his lawyers, Pulatov maintained he was not ...
Restrictions an attempt to squeeze Kremlin's crude oil revenues
Russia on Thursday said it was not bothered at a possible price cap on its crude oil proposed by the West, saying Moscow will negotiate directly with its partners like India and China as the price should be decided between the producers and consumers, and "not someone who just decided to punish someone." Members of the G7 have agreed to impose a price cap on Russian oil in a bid to hit Moscow's ability to finance the war in Ukraine. Countries want to reach an agreement ahead of December 5, when Europe's embargo on Russian crude travelling by sea takes effect. Russian Foreign Minister Sergey Lavrov told a press conference on European security issues that Moscow was not bothered about the price cap set to be imposed by the West on its oil exports. "We are not interested in what the price cap will be, we will negotiate with our partners directly, and the partners who continue to work with us will not look at these caps and will not give any guarantees to those who illegally introduce .
A Pakistani delegation holding talks with their Russian counterparts has asked for a 30-40 per cent discount on crude oil, a demand turned down by Moscow which said it could not offer anything right now as all volumes were committed, according to a media report on Thursday. The delegation comprising State Minister for Petroleum Musadik Malik, Secretary Petroleum Capt (retd) Muhammad Mahmood, joint secretary and officials of the Pakistan Embassy in Moscow asked for a discount during talks in Moscow on Wednesday, The News reported. The talks ended with no cogent conclusion but the Russian side promised to consider Pakistan's demand and to share its decision later on through diplomatic channels, the paper said, citing its sources. The paper said that Russia can offer crude at the rates it is providing to its large client countries, which are reliable and sound economies, at a suitable time. Right now all volumes are committed with big buyers, sources said. The Russian side asked ...
Failing to take on fake or misleading content online could "lead to the very quick abuse" of Twitter, European Commission Vice President Vera Jourova, said
Russia's foreign minister on Thursday accused the West of becoming directly involved in the conflict in Ukraine by supplying it with weapons and training its soldiers. Sergey Lavrov also said that Russia's strikes on Ukrainian energy facilities and other key infrastructure that have left millions without power, heating and water were intended to weaken Ukraine's military potential and derail the shipments of Western weapons. You shouldn't say that the US and NATO aren't taking part in this war, you are directly participating in it, Lavrov said in a video call with reporters. And not just by providing weapons but also by training personnel. You are training their military on your territory, on the territories of Britain, Germany, Italy and other countries. He said that the barrage of Russian missile strikes was intended to knock out energy facilities that allow you to keep pumping deadly weapons into Ukraine in order to kill the Russians. The infrastructure that is targeted by thos
One of Ukraine's most decorated Olympians is auctioning his medals two golds and a bronze in hopes of raising a six-figure donation to contribute to the war effort in his native land. My Olympic medals won't matter if Ukraine can't stand for this fight for freedom and independence, two-time canoe champion Yuri Cheban told The Associated Press in an email exchange Wednesday. Cheban won Olympic gold in the 200 meters in 2012 and 2016 and a bronze in the 500 meters in 2008. SCP Auctions, which is conducting the sale, expects the gold medals to fetch in the neighborhood of $75,000 each, an impressive estimate buoyed by the relative scarcity of available recent medals, and also their meaning. Cheban will give the proceeds to the Olympic Circle charity fund, a collection started by athletes and targeted toward helping the city of Mykolaiv, which isn't far from the recently liberated city of Kherson and also close to Cheban's home, the Black Sea port city of Odessa. I think a lot of peo