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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Russian spokesperson, Dmitry Peskov claims the West has declared an Economic War against Russia

Russian spokesperson, Dmitry Peskov claims the West has declared an Economic War against Russia

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 […]

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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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Russia to sever Diplomatic ties with the West: Ex-Russian President Medvedev

Russia to sever Diplomatic ties with the West: Ex-Russian President Medvedev

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 […]

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Stock markets crash globally as crude oil prices touch $99 per barrel amid Russia-Ukraine tensions

Stock markets crash globally as crude oil prices touch $99 per barrel amid Russia-Ukraine tensions

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 […]

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US concerned over Russia’s deepening ties with China, claims Russian Ambassador

US concerned over Russia’s deepening ties with China, claims Russian Ambassador

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 […]

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Union Budget 2022-23

Union Budget 2022-23

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 […]

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Afghans forced to trade their organs to fight starvation

Afghans forced to trade their organs to fight starvation

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 […]

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