Tag Archives: Russian

Turkey ‘may face sanctions’ for buying Russian S-400 missiles and not toeing US line – diplomat

Ankara’s decision to buy S-400 air defense systems from Russia exposes Turkey to possible US sanctions and may bar it from getting F-35 jets, a State Department official said, adding that Turkey should “align with the West.” The warning came on Wednesday from Assistant Secretary of State Wess Mitchell, who spoke to the House Foreign Affairs Committee on behalf of ...

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Russian govt to consider dedicated agency to counter foreign economic sanctions

The Russian cabinet is to consider setting up a special agency to counter foreign sanctions, according to the head of the country’s Union of Industrialists and Entrepreneurs, who suggested the name CounterOFAC for the body. Head of the union and former Russian economy minister, Aleksandr Shokhin, has told RIA Novosti that he had personally proposed the idea to Prime Minister ...

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Russian economy resilient in face of latest US sanctions – Moody’s

In its latest review of Russia, US-based ratings agency Moody’s said that the country’s strong public and external finances would shield its economy from the impact of the latest US sanctions. The Russian banking system has sufficient earnings capacity to absorb credit losses arising from exposure to the sanctioned companies, Moody’s said. It added, however, that the sanctions will be ...

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Russian aviation exports soar by nearly 50% (PHOTOS)

Exports of Russian-produced aviation equipment surged by 46 percent in 2017 against the previous year, according to the latest report from the trade ministry. At the same time, production level in the sector grew by 12 percent to $ 7.538 billion. In 2017, Russian producers built and sold 133 planes and 213 helicopters, including SSJ-100 passenger planes, the twin-engine, two-seat ...

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Russian restaurant with visitors swept away down Volga River by giant ice sheets (VIDEO)

Published time: 18 Apr, 2018 17:57 A restaurant in Samara, Russia, took an unplanned trip down the Volga River after ice streams untethered the eatery from the shoreline and pushed it downstream. It was filmed being towed back to shore, with no injuries reported. Videos posted to YouTube and social media by eyewitnesses show the ‘Old Wharf’ restaurant, in Samara’s ...

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‘Ready to slaughter people’: What we know about Russian school attacker

The teenager who attacked a school teacher and his classmates in a city in Russia’s Urals was reportedly inspired by the Columbine High School massacre. The teen was planning to slaughter his schoolmates and then commit suicide. READ MORE: 4 injured in knife & arson attack at school in Russia’s Bashkortostan republic The 17-year-old boy, identified by the local media as ...

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Revenue from US sales used to develop cutting-edge rocket engines, says Russian weapons chief

The Russian deputy PM responsible for the defense industry has said that a ban on rocket-engine sales to the US is undesirable because it provides funds to Moscow for R&D, but such sanctions would be manageable if they’re imposed. Read more “You know this engine that we are supplying to the United States, the NK-33. We have made a decision ...

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Russian aluminum major losing Japanese market after being sanctioned by US

Top commodity dealers in Japan have asked United Company RUSAL to stop shipping refined aluminum and other products after the Russian firm was added to the US sanctions list. “We have requested RUSAL stop shipments of aluminum for our term contracts as we can’t make payment in US dollars and we don’t want to take the risk of becoming a ...

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Russian watchdog goes nuclear in attempts to enforce Telegram ban

Russia’s telecommunications watchdog is banning millions of IP addresses in an attempt to enforce a court-ordered block of messenger app Telegram. Its own website has been brought down by a DDoS attack in apparent retaliation. Telegram was blocked in Russia last Friday over its failure to provide the Russian Federal Security Service (FSB) with access keys to its encrypted communications. ...

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Russian stock markets, ruble recover after Trump rejects further sanctions

The US president’s decision to delay extending further economic sanctions against Moscow has pushed Russian stocks and currency higher. The new penalties were aimed at punishing Russia for its support of the Syrian government. The RTS dollar-traded index had gained nearly three percent by 08:00 GMT on Tuesday, while the ruble-denominated MOEX climbed almost two percent, led by shares in ...

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