Tehran: The United States and European countries have imposed tough economic and trade sanctions on Russia since the Ukraine conflict. This has made it difficult for other countries to trade with Russia. In such a scenario, India had offered Russia to trade in barter. Russia is considering this. Iran is also planning a barter trade […]
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New Delhi: Yasin Malik, head of the Jammu and Kashmir Liberation Front (JKLF), who had been the face of terror in Jammu and Kashmir for the past three and a half decades, has been sentenced by an NIA court in a terror funding case. Yasin Malik was sentenced to life imprisonment under two sections in […]
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Moscow/Washington: The western leaders had bragged that the harsh sanctions imposed on Russia following the invasion of Ukraine would break the Russian economy, and it would be forced to stop the Ukraine war. But the performance of the Russian economy has delivered a tight slap across the face of these leaders making such claims. There […]
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Moscow: Russia’s President Vladimir Putin has warned that sanctions imposed on Russia by the West over the Ukraine conflict have led to a global economic crisis, food shortages and starvation among several developing countries. Russia is facing tough sanctions, and its economy is slowly recovering, he said. Amid Putin’s claims, Russia’s currency, the Ruble, has […]
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Islamabad: A senior journalist from Pakistan, Najam Sethi, has warned that Pakistan’s situation will not be any different from that of Sri Lanka in the next three months, as the currency reserve will only last for three months. Opposition leader Imran Khan has announced a protest march against the government, with 2 million people anticipated […]
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Brussels: It has been exposed that the inflation has flared up to record levels in the European countries against the background of the Russia-Ukraine conflict. In April, the inflation rate was recorded at 7.5% in the Eurozone, a part of the European Union. This is a record for the last 25 years. It has been […]
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Moscow/Brussels: Russia has realised the warning of an equivalent retaliation against the western sanctions. Russia stopped fuel supplies to Bulgaria and Poland, both members of the European Union. Both these countries had refused the Russian proposal to pay in the Russian currency Rouble for the fuels purchased. After that, Russia stopped fuel supplies to these […]
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Tashkent: Russia will be stressing transactions in the national currency with its trading partners. Denis Manturov, Minister of Industry and Trade of the Russian Federation, appealed that these countries also should reduce the use of USD and Euro. ‘Russia has organised an international Trade Fair’ in Tashkent, the capital of Uzbekistan. The Russian Trade Minister […]
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Moscow: The Russian Central Bank’s use of the digital Ruble is a priority plan. Elvira Nabiullina, Governor of the Russian Central Bank, indicated that preparations are being made to start using the following year in Russia. Nabiullina said that efforts are being made to increase the use of Mir Banking Cards and digital Ruble even […]
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Moscow: It has become difficult for Russia to carry on with the trade with its friendly countries, given the harsh sanctions imposed by the United States and the western countries. The New Development Bank (NDB), started by the BRICS, has stopped Russian transactions. NDB clarified that this decision had to be taken given the uncertainties. […]
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