Russian banks start using Yuan to counter western sanctions  

Russian banks start using Yuan to counter western sanctions  

Moscow/Beijing: – Russia has turned its attention to China to counter the stringent sanctions imposed by the western countries. The Russian banks, worst hit by the western sanctions, have started using Chinese currency, Yuan. VTB, the leading Russian bank, has appealed to its customers to convert their deposits to Yuan and has even assured an […]

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Sanctions against Russia will not affect Indian defence sector: NITI Aayog member Dr VK Saraswat

Sanctions against Russia will not affect Indian defence sector: NITI Aayog member Dr VK Saraswat

New Delhi: NITI Aayog member Dr VK Saraswat claimed ‘Russia has phenomenal defence capability; it is self-sufficient in the field of defence manufacturing. Therefore, the sanctions imposed by the western countries on Russia will not affect the Indian defence capabilities. Russia is the most significant defence exporter for India. Besides, India and Russia have signed […]

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Russia to retaliate against sanctions imposed by US and allies; President Putin issues ordinance

Russia to retaliate against sanctions imposed by US and allies; President Putin issues ordinance

Moscow: Russia has started preparations to retaliate against the stringent sanctions imposed by the United States and its allies. Russian President Vladimir Putin has issued an ordinance to ban the export of important and sensitive materials. The Russian foreign department has also indicated impending sanctions and warned that action would be taken to rock Western […]

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Russia retaliates against sanctions by refusing to cooperate with US-Europe in the space sector  

Russia retaliates against sanctions by refusing to cooperate with US-Europe in the space sector  

Moscow/Washington/London: – Russia has retaliated against the sanctions imposed by the western countries over the Russia-Ukraine war. Russia, one of the leaders in the space sector, has decided not to supply technology and provide facilities in the space sector to the United States and the United Kingdom. Dmitry Rogozin, Director General of Roscosmos, retorted that […]

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West’s sanctions against Russia will create problems for the Iran nuclear deal: Russian Foreign Minister Sergey Lavrov  

West’s sanctions against Russia will create problems for the Iran nuclear deal: Russian Foreign Minister Sergey Lavrov  

Moscow/London/Tehran: – There are indications that the negotiations regarding the nuclear deal between the United States and Iran are in their final stages and the agreement will be signed soon. The European countries shared this information. Iran has announced to send its Foreign Minister for the agreement. Therefore, claims are being made that the agreement […]

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Russia introduces new law to stop misinformation Russia-Ukraine war; sanctions Facebook and Twitter

Russia introduces new law to stop misinformation Russia-Ukraine war; sanctions Facebook and Twitter

Moscow: – Russia has adopted an aggressive stance. It has been said that much misinformation is being spread during the Russia-Ukraine war in Western and social media. Russian President Vladimir Putin has signed a new law with a provision of 15 years of imprisonment for those spreading misinformation against the government. Many US and European […]

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China holds talks with Ukraine after Russia faces harsh sanctions

China holds talks with Ukraine after Russia faces harsh sanctions

Beijing: Chinese Foreign Minister Wang Yi held talks with Ukrainian Foreign Minister Dmytro Kuleba on Wednesday. The Chinese Foreign Minister expressed vital concern that innocent civilian lives were lost in the conflict continuing for the last few days. Western analysts have claimed that the Russian economy will get affected severely following the harsh sanctions imposed […]

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Russian economy declines by 30% after West imposes sanctions; long queues outside ATMs in Russia

Russian economy declines by 30% after West imposes sanctions; long queues outside ATMs in Russia

Washington: The effects of the harsh sanctions imposed by the western countries against Russian President Vladimir Putin and the Russian central bank are becoming visible. Within 24 hours of the imposition of sanctions, there was a record decline in the Russian economy and the value of its currency Ruble. Reports have been published that long, […]

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US, UK, and European Union announce stringent sanctions against Russia  

US, UK, and European Union announce stringent sanctions against Russia  

Washington/ London/ Brussels: – The United States, United Kingdom, and European Union have announced sanctions against Russia after it invaded Ukraine and conducted military operations. The sanctions are imposed on Russian President Vladimir Putin, senior leaders of the Russian government, affiliated businessmen, banks, and the business community. The West has targeted sanctions on Russian companies […]

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