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Hotel in Russia's Crimea named best in the world

Published time: 12 Dec, 2017 09:49 Russia’s Mriya Resort & Spa in the Crimea has been named the best holiday hotel and resort by the World Travel Awards. The hotel won the award in the world’s leading leisure resort category. Russia’s Aeroflot airline was named the best brand and the city of St. Petersburg best tourist destination. The Mriya Resort ...

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Oil prices surge to over $65 for the first time in over 2 years

Published time: 12 Dec, 2017 05:02 Brent crude has surged to its highest level since June 2015, trading above $ 65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts into 2018. Brent crude oil futures for January were trading at $ 65.24 per ...

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China to create world's largest floating solar power plant in move to clean energy

Published time: 11 Dec, 2017 18:14 The Beijing-based Three Gorges New Energy Corporation has invested a billion yuan ($ 151 million) into constructing the world’s biggest floating solar power project. The plant is being built in the eastern Chinese province of Anhui. Construction of the 150 megawatt (MW) power station started in July with a part already connected to the ...

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Trade between Russia & India up 22% this year

Published time: 11 Dec, 2017 13:04 India’s President Ram Nath Kovind announced on Monday his country’s trade with Russia has increased by almost a quarter in the first six months of this year. “The early operationalization of the International North South Transport Corridor can play a significant role in achieving our bilateral trade targets,” the government press release said. Read ...

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Russia signs deal to build Egypt's first nuclear power plant

Published time: 11 Dec, 2017 14:05 Edited time: 11 Dec, 2017 14:16 Moscow and Cairo have signed an agreement to construct Egypt’s first nuclear plant. The project will cost $ 21 billion and is due to be finished by 2028-2029. The preliminary agreement between the countries was signed in 2015. A loan from Russia would cover 85 percent of the ...

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Kadyrov predicts Ukraine’s accession into ‘great Russia’

Published time: 11 Dec, 2017 14:01 The head of the Chechen Republic has dismissed a recent call from Ukraine to break Russia into parts as wishful thinking. Ramzan Kadyrov predicted that on the contrary, Ukraine would ultimately become part of the future state of “Great Russia.” “What [Ukrainian President Petro] Poroshenko has in his mind, Tuka says out loud! There ...

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US military operations overseas lead resurgence of global arms sales

Published time: 11 Dec, 2017 12:10 The worldwide trade of weapons and military services rose for the first time in five years, hitting $ 374.8 billion in 2016, according to the annual report published by the Stockholm International Peace Research Institute (SIPRI) on Monday. The research revealed last year marked the end of five consecutive years of decline with a ...

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