Beijing/Rome/Washington: – Chinese Foreign Minister Wang Yi appealed that China is not a part of the Russia-Ukraine conflict. Therefore, no sanctions should be imposed against China concerning it. The United States and European countries have started pressurising China to stop assisting Russia. US National Security Advisor Jake Sullivan met senior Chinese leader Yang Jiechi as […]
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 […]
Paris/Moscow/London: – French Finance Minister Bruno Le Maire warned that the flare-up in the oil rates following the Russian attack on Ukraine and its consequences are similar to the Oil Shock of 1973. The French Finance Minister warned that the global economy could slow down given the situation created in the oil market. The current […]
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 […]
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 […]
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 […]
Istanbul: – Turkey that had refrained from taking a stand in the Ukraine-Russia war has made major changes to its policy. By blaming Russia for starting the war against Ukraine, Turkey announced to corner the Russian destroyers in the Black Sea sector. Besides, Ukraine had made such a demand with Turkey. Initially, Turkey had refused […]
Geneva/Kabul: – The volunteer organisation Red Cross has issued a severe warning that the economy of Afghanistan is on the brink of collapse within just six months of the takeover by the Taliban. The banking system in Afghanistan has already collapsed completely and illegal means like ‘Hawala’ are being used for money transactions. Afghanistan has […]
Moscow: – The United States has imposed sanctions against Russia following the attack on Ukraine. US President Biden has said that the sanctions will target the Russian economy and try to finish Russian capabilities in the space sector. Does this mean that the US-Russia cooperation in the International Space Station (ISS) will be ended? 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 […]
