Discounted Russian crude attracts buyers amid OPEC+ supply cuts and Brent price slump Russian crude oil exports to China and India reached an all-time high in May, as the two major Asian importers took advantage of discounted supplies from Russia, reducing their demand for oil from the Middle East and…
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Yevgeny Prigozhin, the influential figure behind the Wagner group, Russia’s most powerful mercenary organization, has made controversial statements regarding the ongoing conflict in Ukraine. Celebrating his 62nd birthday at a training camp, Prigozhin announced that his men would continue fighting in Ukraine if they were given a separate section of…
Nintendo has declared that it will no longer sell games through its online store in Russia, as the company gradually scales back its operations in the country. The decision, which was announced recently and implemented on Wednesday, follows Nintendo’s suspension of product shipments to Russia in March 2022, subsequent to…
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An Iraqi man was reportedly killed fighting for Russia’s Wagner Group in Ukraine. This is allegedly the first confirmed case of a Middle East native to have died fighting in the war, Wagner chief Yevgeny Prigozhin said. Abbas Abuthar Witwit, an Iraqi national, tragically lost his life on April 7, just a day after arriving at a Wagner Group hospital in Luhansk, a city under Russian control in eastern Ukraine,…
Russia’s Federal Security Service (FSB) chief, Alexander Bortnikov, said on Thursday that the West is actively pushing Moldova to take part in the conflict in Ukraine, state-owned news agency TASS reported. He claimed that the West is trying to undermine the pro-Russian government in Moldova’s breakaway region of Transnistria, which is occupied by Russian troops and hosts a vast Soviet-era ammunition depot. Bortnikov said that the West is using “various…
Gazprom, the Russian energy group, witnessed a 14.7% decline in its pipeline natural gas exports to Europe in May compared to April, according to calculations based on volumes supplied via Ukraine and the TurkStream pipeline, as reported by Reuters. Decrease in Gazprom’s Pipeline Gas Exports The Sudzha metering point on the Russia-Ukraine border and the TurkStream pipeline in the Black Sea are currently the only operational routes for Gazprom’s pipeline…
The war in Ukraine has seen the involvement of Chechen fighters on both sides of the conflict, with some supporting Russia and others supporting Ukraine. The motivations and goals of these groups vary, but they share a common history of resistance and struggle against Russian domination. Pro-Russian Chechens One of the most prominent pro-Russian Chechen groups is the Kadyrovites, loyal to Ramzan Kadyrov, the head of the Chechen Republic and a close ally of Vladimir Putin. Kadyrov announced in February…
Russian Finance Minister Optimistic About Trade Growth Russian Finance Minister Anton Siluanov expressed his optimism about the burgeoning trade between Russia and China, emphasizing the need for further development of economic ties. Speaking at a business forum in Shanghai, Siluanov highlighted the remarkable growth in bilateral trade, which is set to surpass the projected $200 billion target this year. Record-Breaking Trade Growth Trade between Russia and China has been steadily increasing at an unprecedented pace. Siluanov emphasized that surpassing the…
A Moscow court has set a new date for the trial of Alexei Navalny, the prominent Russian opposition leader, which has raised concerns about a potential extension of his prison sentence. The rescheduling of the preliminary hearing, initially planned for Wednesday, has been moved to June 6 without providing a reason. Navalny’s legal team had requested additional time to review the extensive case materials but was denied by the court. The trial revolves around new extremism charges filed against Navalny,…
The World Bank, after a temporary suspension lasting two months, has announced the resumption of its partnership with Tunisia following President Kais Saied’s remarks on Sub-Saharan African migrants deemed racist. The renewed collaboration aims to bolster development initiatives and provide vital support to the Tunisian economy. Tunisia and the Washington-based institution prior March were in talks for a $500 million program encompassing direct support to the hardest-hit families and guaranteed access to financing for small and medium-sized businesses. “Discussions on…
Global Tensions Rise: Moscow Drone Strike, U.S. Battery Subsidies, and U.S. Debt Ceiling Bill Passed
“Russia Denounces West Following Moscow Drone Strike” In a significant escalation of tensions, Russia has denounced the West following a drone strike on Moscow, marking the first military strike to hit civilian areas in the city. Kremlin officials have interpreted the refusal of Ukraine’s allies to condemn the attack as proof that Russia’s real war was with the West. The UK and US have stopped short of criticizing the drone strike, sparking controversy and further straining international relations. “U.S. Battery…
Medvedev’s Accusation Unveiled on Twitter Former Russian President Dmitry Medvedev has made a striking statement, describing the United Kingdom asMedvedev’s Twitter Statement Exposing UK’s Undeclared War engaging in an “undeclared war” against Russia. Medvedev’s comment came in response to the British foreign secretary’s endorsement of a large-scale drone attack on Moscow earlier this week. Taking to Twitter on Wednesday, Medvedev labeled London as Moscow’s “eternal enemy.” The former Russian leader, currently serving as deputy chair of Russia’s Security Council, argued…
The Russian government has strongly criticized Germany’s decision to reduce Russia’s diplomatic presence by closing several consulates on German soil. Moscow labeled the move as “ill-thought out” and expressed its intention to respond in kind. The announcement by the German Foreign Ministry to revoke the licenses of four out of five Russian consulates came in response to Russia’s imposition of an upper limit on the number of German government officials allowed to stay in the country. Growing Tensions: Reciprocal Measures…
The United Nations (UN) has put forward a proposal for Kyiv, Moscow, and Ankara to commence preparatory work for the transit of Russian ammonia through Ukraine, aiming to enhance operations in the Black Sea grain export corridor. Citing a source familiar with the discussions, the UN is advocating for parallel talks to expand the existing Black Sea deal, which was reached in July of the previous year, to encompass additional Ukrainian ports and various other cargoes. While Ukraine and Turkey…