Moscow/Washington: – The United States and European countries have imposed stringent sanctions against Russia, which has attacked Ukraine. These countries have decided to withdraw from cooperation with Russia in all sectors. Dmitry Rogozin, the chief of the Russian space institute, claimed that as the next step of these sanctions, the United States could deny access […]
Riyadh/Beijing: – Saudi, which has been selling crude oil only against the USD for the last five decades, has started preparations to start selling oil against the Chinese Yuan. Detailed discussions are being held between China and Saudi for this purpose. If the talks are fruitful, it will be a significant jolt for the USD […]
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 […]
New Delhi: – A high-level meeting presided over by Prime minister Narendra Modi was held on Sunday. The defence preparedness of the country was reviewed during the meeting. As per received information, the global situation given the Russia-Ukraine war was discussed during the meeting. It is reported that Prime Minister Modi issued instructions to make […]
Riyadh/Beijing: – Saudi Arabian company ACES has signed an important agreement with China for manufacturing military drones. This agreement indicates the growing military cooperation between Saudi Arabia and China. Discord between the United States and Saudi Arabia in the defence sector has surfaced over the last year. Against this background, this agreement signed by Saudi […]
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 […]
Canberra/Beijing: Australian Defence Minister Peter Dutton warned that those who feel that the Chinese ambitions in the Indo-Pacific sector are limited only to Taiwan have not taken any lessons from history. Dutton stated this while speaking about the Australian defence policies changes given the increasing Chinese activities. China expressed intense displeasure over the statements made […]
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: 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 […]