Tag Archives: Russia

Saudi Arabia invites Russia to join OPEC as observer, Moscow says it’s ‘an option’

Riyadh has invited Moscow to join OPEC as an observer, the Saudi energy minister says. The announcement follows an agreement between OPEC and non-members led by Russia to increase crude oil output by a million barrels per day. Read more The announcement was made on Saturday during the 4th OPEC and non-OPEC ministerial meeting in Vienna. “We’ve invited Russia to ...

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Dazzling fireball streaks across sky over European Russia (VIDEOS)

Residents of the European part of Russia have reported a bright fireball lighting up the sky, which was emitting a blinding light. Theories on social media varied from a simple meteor to aliens arriving for World Cup 2018. The glowing object was spotted in the sky from Voronezh, Lipetsk, Tula and Oryol regions on Thursday morning, according to photos and ...

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Russia gets rid of US Treasury securities and buys gold

US sanctions have forced Russia to look at ways of securing its foreign reserves. In recent years, Moscow has increased purchases of physical gold and dramatically reduced its share of US debt bonds. The political standoff started in 2014, shortly after the conflict in Ukraine and the referendum in Crimea in favor of joining Russia. Several rounds of US sanctions ...

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Nationalist opposition leader wants Russia to scrap friendship treaty with Ukraine

The head of the populist-nationalist Russian party LDPR has asked Vladimir Putin to terminate the friendship treaty with Ukraine as a document which had lost all of its urgency and was not working in practice anyway. “LDPR Chairman Vladimir Zhirinovsky has addressed Russian President Vladimir Putin with a letter in which he proposed to send a message to Ukrainian leaders ...

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Boss of ‘hitmen army,’ who allegedly has the blood of 60 victims on his hands, extradited to Russia

Alleged crime boss Aslan Gagiyev, who is suspected of being behind the murders of over 60 people, has been extradited to Russia from Austria. He is arguably the worst dealer of contract killings in Russia’s modern history. The man arrived in Moscow from Vienna on a regular flight on Wednesday under heavy escort from representatives of several Russian security agencies. ...

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Russia prepares for production of iconic Soviet-era megaplane

Ulyanovsk-based plane maker Aviastar-SP has announced a competition to evaluate its capability to resume production of the An-124 ‘Ruslan’ heavy transport aircraft. Read more Earlier this month, Russia said it will resume the production of the Antonov An-124 jet, which is still one of the world’s heaviest cargo airplanes. The Antonov Design Bureau was established in 1946 in the Russian ...

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South Korea wants railroad link to Russia through North Korea

Seoul, Moscow and Pyongyang can implement several major trilateral infrastructure and energy projects if stability is reached on the Korean peninsula, according to South Korean President Moon Jae-in. Read more One such project could be a railway that will be able deliver goods from Russia to South Korea through North Korea. “Once the Trans-Korean Main Line is built, it may ...

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Head of Duma Family Committee proposes Father’s Day holiday in Russia

The head of the lower house Committee for Women, Family and Children has proposed that Russia institutes a separate holiday honoring fathers, in addition to Mothers’ Day, which was introduced 20 years ago. The draft bill submitted to the State Duma by MP Tamara Pletneva provides that, starting from 2019, Russia would celebrate Father’s Day on the last Saturday of ...

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