Poland’s defense minister honored Polish fighters against the former communist regime as heroes, patriots, and founders of freedom. Poland owes its freedom to the anti-communist fighters who did not lay down arms after World War II, the nation’s defense minister said Wednesday, reports AP. Defense Minister Antoni Macierewicz made the…
Russia’s manufacturing purchasing managers’ index slipped to a reading of 52.5 in February, down from 54.7 in January, a four month low. However, the manufacturing segment of the economy is still expanding as a reading above 50 indicates growth. Both output and input expanded last month, albeit weaker than it…
The Head of Russia’s Center for Strategic Research (CSR), and ex-Finance Minister Alexey Kudrin, warned that the price of crude oil could slide below the psychological and financial support level of $55 in a year’s time. “I’ve repeatedly said that the oil price will be hovering between $40 and $60…
Russian Prime Minister, Dmitry Medvedev, says the Russian Federation will continue to privatize state-owned assets and the timing will depend on the markets, not sanctions applied against Russia by the West. “Privatization will take its course. It is not connected with the sanctions, it depends on market conditions: we will…
Russia Says U.S. Congress Creating Economic Blockade Of Russia.
Pro-Russian East Ukraine To Use Russian Ruble As Official Currency.
The financial plot thickens in Ukraine as Valeriya Gontareva, the governor of the central bank of Ukraine is reported to have informed Ukrainian President Petro Poroshenko of her intention to resign. She is reportedly frustrated with the progress of the Ukrainian government in cleaning up its endemic corruption problem and…
Monitors from the Organization for Security and Cooperation in Europe (OSCE) were fired upon while conducting a mission in Donbass, near the town of Yasynuvata, while inspecting a water treatment plant that was damaged by rebel forces. The OSCE team were surrounded, a drone was seized, and rifle fire was…
Karabakh Conflict Area Violence Flares Again.