Tag Archives: deal

Russian budget gets $65 billion boost from OPEC oil production cut deal

The agreement with OPEC to cut oil production has given Russia over 4 trillion rubles (shy of $ 65 billion) in additional revenue, according to the Russian Direct Investment Fund (RDIF). Read more “Thanks to the work of President Vladimir Putin with the King and Crown Prince of Saudi Arabia, relations are in a unique phase, and this gives a ...

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India’s defense council approves S-400 deal despite Washington’s pressure – report

India’s Defense Ministry has reportedly given the green light for the acquisition of the Russian S-400 air defense systems and has forwarded the deal for final approval, despite a warning from the US of potential consequences. After endorsing some “minor deviations” in the contract, defense minister Nirmala Sitharaman forwarded the 39,000 crore ($ 5.7mn) deal to purchase S-400 for final ...

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What consent? Hungary, Poland & Czech Republic deny sealing migrant deal with Merkel

Three EU countries have denied reaching any final agreement with Germany on the return of migrants to the country of entry, despite Angela Merkel’s claim she’d received “political consent” from 14 EU nations to strike such a deal. “No such deal has been reached,” spokesman for Hungary’s government Zoltan Kovacs said, adding that Budapest has repeatedly rejected German attempts to ...

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9 quick facts about the ‘Merkel-saving’ EU deal on tackling influx of refugees & migrants

EU leaders, racking their brains on how to share the burden of migrants and refugees, finally reached a vague compromise after almost 10 hours of deliberations. Here are nine main points to help you understand what was decided. Europe saw around one million migrants arrive to the continent during the 2015 refugee crisis. More than 377,000 reached Europe in 2016 ...

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Trump asked Macron to quit EU for more profitable trade deal – WaPo report

Donald Trump asked Emmanuel Macron to leave the EU in exchange for quite a profitable bilateral trade deal with better terms that the one the union offered, the Washington Post reports, citing official European sources. The article titled “Trump is trying to destabilize the European Union” was written by Josh Rogin, an American journalist who also contributes to CNN. Written ...

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EU leaders reach deal on migration at European Council summit

Following nearly ten hours of tense deliberation, the leaders of the 28 European Union member states have reached an agreement on the migration issue. “EU28 leaders have agreed on (summit) conclusions, including on migration,” the European Council president Donald Tusk said. Earlier in the day, Italy’s prime minister Giuseppe Conte had refused to approve an EU summit statement on the ...

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Former NATO chief, Iran nuclear deal architect, deprived US visa because he visited… Iran!

A former secretary general of NATO, who played a key role in negotiating the Iran nuclear deal, has been denied a US visa waiver because of a visit he made to Iran in 2013. The denial stems from an Obama-era visa policy. Javier Solana, who served as NATO secretary general from 1995-1999, was due to speak at an event at ...

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Kushner touts ‘deal’ to Palestinians as Middle East peace process in tatters after US Embassy move

US President Donald Trump’s special adviser and son-in-law Jared Kushner has been touting a US-designed peace deal to Palestinians “soon” to be revealed after the US Embassy’s move to Jerusalem derailed relations in the region. Kushner, who is on the last leg of his Middle East tour, spoke to the popular Palestinian newspaper Al-Quds, claiming he is “ready to work” ...

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3 years for 3 rapes: Wisconsin student absolved of litany of sex offenses after plea deal

A UW-Madison business student was sentenced to three years in prison for raping three female students and choking or stalking two others. The leniency of his sentence has shocked lawyers and observers. Alec Cook, 22, was initially charged with over 20 crimes against more than a dozen women. After he agreed to plead guilty to three counts of third-degree sexual ...

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Win-win deal for Russia & Saudi Arabia: OPEC agrees to ramp up production

OPEC and non-member allies led by Russia have agreed to raise oil production by a million barrels per day. It can be regarded as a victory for Saudi Arabia and Russia, which had pushed to boost output to alleviate high prices. Read more Saudi Energy Minister Khalid Al-Falih told reporters in Vienna that an agreement had been reached for a ...

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