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 […]
Moscow: – Dmitry Peskov, the spokesman of the Russian government, confessed that the West has declared an economic war against Russia and it is absolutely unprecedented. The economic war has delivered a massive jolt to the Russian economy. Hence, it is difficult to predict the future. The United States and its allies have imposed sanctions […]
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, […]
Moscow: Dmitry Medvedev, former Russian President and Vice President of the Security Council warned that Russia would retaliate against the sanctions imposed by the western countries by severing diplomatic ties with them. The assets of the western countries in Russia will be frozen. Russia will also withdraw from the nuclear weapons agreement with the United […]
Moscow/London/New York: Intense repercussions of the announcement made by Russian President Vladimir Putin were felt in the international markets. Crude oil rates have crossed $99 per barrel. The crude oil prices have touched this level for the first time since September 2014. Apart from the increase in crude oil prices, stock markets have tumbled in […]
Washington/Moscow/Beijing: – Russian Ambassador Anatoly Antonov has claimed that the visit of the Russian President to China reflects that Russia and China are moving close together, which has concerned the United States. Russian President Vladimir Putin visited China for the winter Olympics held in Beijing. Many important agreements were signed between Russia and China during […]
New Delhi – Finance Minister Sitharaman said, ‘We have presented a budget, in the 75th year of independence that will lay the foundation for the next 25 years.’ She added, ‘We have made it our priority to present a budget that sustains the country’s economic development.’ On the other hand, Prime Minister Narendra Modi welcomed […]
New York/Kabul – Millions of Afghans are on the brink of death due to starvation. Antonio Guterres, Secretary-General of the United Nations, appealed that the aid to Afghanistan cannot be delayed anymore. A few weeks ago, the shocking news was reported that Afghan citizens were forced to sell their children due to starvation. A heart-wrenching […]
New Delhi – Prime Minister Narendra Modi spoke about the strength and spirit of Indian democracy while addressing the Summit for Democracy organised by the United States. He said that democracy is not only for the people and by the people, but the true strength of democracy is the spirit and ethos that lies within […]
Ankara: 112 soldiers have been arrested for connection with the Gulen Movement, which had conspired a coup against President Erdogan back in 2016. Metin Gürcan, the political rival of President Erdogan, has also been detained. President Erdogan has been accused of acting against his opponent because of the annual meeting of Interpol to be held […]