USD expelled from Russian National Wealth Fund

USD expelled from Russian National Wealth Fund

Moscow: – The USD component in the Russian National Wealth Fund, created out of the foreign reserves, has been brought to zero. As per the information given in January 2021, the USD share in the National Wealth fund was to the extent of 35%. Russian President Vladimir Putin had initiated the process of de-dollarization in […]

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New law in Russia to prevent big tech monopoly

New law in Russia to prevent big tech monopoly

Moscow – Russia has approved a new law to curb the monopoly of leading IT companies. Under the law, major IT companies will be required to set up separate branches or subsidiaries in Russia. Failure to do so will result in banning or other penal action against the company. This is the second law passed […]

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IS bases being set up in northern Afghanistan, concern by Russian Foreign Minister

IS bases being set up in northern Afghanistan, concern by Russian Foreign Minister

Moscow: – While the US and NATO militaries are nearing the completion of military withdrawal from Afghanistan, Russia has expressed concerns over the situation in Afghanistan. Russian Foreign Minister Sergey Lavrov expressed worries that the IS terrorists have started building their bases in northern Afghanistan. Afghanistan shares its northern border with Tajikistan, Uzbekistan and Turkmenistan, […]

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Russia and China declare Friendship Treaty given the rising pressure from the West

Russia and China declare Friendship Treaty given the rising pressure from the West

Moscow/Beijing: Russia and China’s relation has attained a phenomenal peak after the extension of the Friendship Treaty between the two nations, Russian President Vladimir Putin claimed. Moreover, China President Xi Jinping said that the Russia-China relation is an example of new development on an international level. On Monday, a virtual conference took place between Russian […]

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British warships and Russian jets face-off near Crimea; UK rejects Russian claims

British warships and Russian jets face-off near Crimea; UK rejects Russian claims

London/Moscow: – Russia made a sensational claim that Russian jets dropped bombs in the path of a British warship, passing through Crimean waters, following warning shots by a Russian patrol vessel. The United Kingdom promptly dismissed the claim, and British Prime Minister Boris Johnson retaliated that the British Navy was committed to its values. Nevertheless, […]

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Russia and China announce ambitious Moon base

Russia and China announce ambitious Moon base

St. Petersburg – Russia and China have announced setting up an independent base on the Moon. Indications were received from both countries that a moon mission will be launched in October, and the Moon base will be operational in the next decade. Both the countries announced that the cooperation between them in the space sector […]

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US and Russian Presidents hold talks in Geneva; cyberattacks, nuclear treaty, diplomatic relations, human rights claimed to be discussed

US and Russian Presidents hold talks in Geneva; cyberattacks, nuclear treaty, diplomatic relations, human rights claimed to be discussed

Geneva/Moscow/Washington – Presidents of the United States and Russia held discussions in the European city of Geneva. It has been revealed that discussions were held on cyberattacks, nuclear treaty, diplomatic relations, and human rights during the meeting, which lasted for nearly three hours. US President Joe Biden and Russian President Vladimir Putin addressed independent press […]

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Russia to expel USD from ‘National Wealth Fund’: announces Finance Minister Anton Siluanov Siluanov

Russia to expel USD from ‘National Wealth Fund’: announces Finance Minister Anton Siluanov Siluanov

Moscow – Russian Finance Minister Anton Siluanov announced that Russia would expel the US dollar from the ‘National Wealth Fund’, being created from the reserves with the Russian government. This information was given in the St. Petersburg Economic Forum, which started in Russia. As per the information given in January 2021, a fund of USD […]

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Russia announces military exercises in the Arctic

Russia announces military exercises in the Arctic

Moscow – Russia is indicating to adopt an aggressive policy in the Arctic region, following the disputes with the other countries during the meeting of the Arctic Council held last month. Russian northern fleet announced that there would be comprehensive military exercises in the Arctic Peninsula. However, while telling the exercises, senior Russian officials warned […]

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