Image by Artur1917 Russia can live forever on $40 oil said Russia’s Economy Minister Maxim Oreshkin at the St. Petersburg Economic Forum today in an interview with Bloomberg. In the Kremlin’s eyes, they have already achieved their targeted goal of reducing inventory levels of crude around the world and are…
Image by Tomascastelazo Hundreds of skeletons have lain scattered around a crypt beneath a church in Vilnius, Lithuania, for centuries. But 23 of these remains are unlike the rest: Flesh wraps their bones, clothes cover their skin, and organs still fill their insides. They are mummies, and since they were…
Image by Harland Quarrington Russian President Vladimir Putin said today that patriotic Russian hackers may have conducted cyber attacks against nations at odds with the Kremlin but that the Russian government had not participated in these activities. He made the comments at the Russian Economic Forum in St Petersburg when…
Image by Boris Chimit-Dorzhie Ukraine’s state energy company said on Wednesday it had won three crucial preliminary rulings in a Stockholm court over multi-billion-dollar claims Moscow and Kiev have against each in a bitter gas dispute. Naftogaz and Russia’s natural gas giant Gazprom are waging a furious legal battle in…
Image by Zac allan Two North Koreans have been found dead in separate rooms in the same Moscow hotel amid reports they both suffered ‘acute heart failure’. The men had complained of severe chest pains and shortness of breath before they died on Saturday at a hotel in the west…
The new Russian-designed and built, short to medium haul, narrow-body airliner made its first flight over the weekend. Designed by Irkut, part of United Aircraft Corporation, the MC-21 will compete against Boeing and Airbus for international orders. It will also replace the Russian-built Tupolev Tu-134 and Tu-154. Sources at the…
Image by King of Hearts A member of the Russian parliament, while speaking at a security conference in Slovakia, declared that Russia would use nuclear weapons if NATO entered East Ukraine or the Crimean Peninsula. The comments seem to highlight Russian concern over the encroachment of NATO on its western…
Ukrainian law enforcement agents detained 23 former high-ranking tax-administration official suspected of helping the government of ex-President Viktor Yanukovich to defraud 96 billion Hryvnas (approximately 4 billion dollars) in what authorities call the largest operation of its kind in the history of Ukraine. Interior Minister Arsen Avakov and…
The Ukrainian parliament approved a measure to force Ukrainian Television broadcasters to speak Ukrainian on at least 75% of their broadcasts, in a bid to further limit the influence of Russia on Ukrainian society. The bill was passed 269-15. Ukrainian President Petro Poroshenko backed the bill and vowed to sign…
Russia has maintained its lead over Saudi Arabia in oil production for the second month in a row. The two nations are vying for market share in China as the Chinese economy continues to grow in mid-single digits. OPEC and Russia agreed to production limits to reduce the glut of…