Tag Archives: Russia&#039s

Did Russia's dumping of American debt force US Treasury to borrow more money?

The growing budget deficit will force the US government to borrow $ 56 billion more this quarter than expected. Curiously, the amount is close to what Russia sold in US Treasury securities in April and May. Citing surging spending and falling tax receipts, the US government will borrow the most money since the 2008 financial crisis. It marks the fourth-largest ...

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Dollar detox: Russia's gold reserves near 2000 tons to set historic benchmark

Russia’s gold holdings are approaching the Soviet era record after the central bank added another 106 tons of bullion in the first half of the year. It’s part of a plan to diversify national reserves away from the US dollar. The entire gold reserve of the Russian Federation is nearing 2,000 tons with the share of the precious metal in ...

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Accused fraudster Browder claims GOP Congressman Rohrabacher 'on Russia's payroll'

Financier Bill Browder, wanted in Russia on tax evasion charges, has accused Republican Senator Dana Rohrabacher of being a Moscow stooge, alleging that he was paid by the Kremlin to lobby for the repeal of the Magnitsky Act. Browder made his bold statement about Rohrabacher, who is the Chairman of the Subcommittee on Europe, Eurasia and Emerging Threats in the ...

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S&P affirms Russia's credit rating, says Moscow is able to weather new sanctions

S&P Global has affirmed Russia’s BBB long-term and short-term sovereign credit rating, noting that the country’s balance of payments and fiscal health should allow it to weather challenges that might arise from future sanctions. In its ratings update on Friday, S&P affirmed Russia’s BBB/A3 foreign currency sovereign credit score with a stable outlook and its BBB/A2 local currency score. In its ...

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'US officials wouldn't shake my hand fearing they would be fired' – Russia's ambassador to US

Russian envoy to the US Anatoly Antonov expressed hope that the US and Russian leaders will establish good chemistry at their upcoming summit, adding that when the two great powers are “in the same boat, the world can sleep well.” With less than two weeks to go until the summit between US President Donald Trump and his Russian counterpart, Vladimir ...

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Russia's Syria ops protects Europe from Islamic State & migrant crisis, senior MP says

Russian anti-terrorist operations in Syria have provided peace and security for Europe, deputy Duma speaker Irina Yarovaya has said, adding that ending wars in third world countries is the best way to stop the migration crisis. “Today Russia is one of the world nations that is protecting not only its national interests in Syria. Russia provides peace and security for ...

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Low debt & high reserves: Russia's economic strategy paying off

Despite facing years of sanctions from the US and EU, the Russian economy is growing again thanks to a winning formula of borrowing less and saving more. The sovereign debt of Russia is a fraction of that in developed countries like the UK or US. Russia’s foreign debt now stands at $ 525 billion, compared to $ 7.5 trillion in ...

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Russia's security agencies to recruit bloggers for anti-terrorism campaign

Russia’s Security Council has revealed a plan to use bloggers and various civil society groups to help fight terrorist and extremist information spreading on the internet. “Experts of the Security Council‘s research group have proposed to stimulate the interaction between law enforcement agencies and prominent bloggers and civil society institutions, including the socially-oriented NGOs that are ready to support our ...

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Ukraine calls Russia's revival of legendary Soviet-era megaplane unfeasible

Despite sufficient manufacturing capacity Russia cannot relaunch production of cargo airplanes from the legendary An-124 family, warns Ukrainian state-owned aircraft maker Antonov. Earlier this week, Russia’s state-controlled Transport Aviation of the United Aircraft Corporation (UAC) announced plans for relaunching production of super-heavy class airplanes like the An-124. The step was reportedly triggered by a strong demand for large cargo jets ...

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Not Ukraine’s property: Russia's plan to revive huge Soviet-era aircraft irks Kiev

Russia wants to resume production of one of the world’s heaviest cargo airplanes – the Antonov An-124. The jet, designed in the 1980s, is now part of Ukraine’s Antonov group, but Russia claims it has the rights to it. The question of renewed production is still being discussed, but the Russian military says the aircraft is not Ukrainian intellectual property. ...

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