Tehran, Iran | Xinhua | An Iranian lawmaker said on Monday that the Western sanctions on Iran and Russia have brought the two sides closer to each other in trade and economy, official news agency IRNA reported. Iran and Russia are providing one another with the products they fail to have …
Read More »Peace negotiations between Russia, Ukraine to get more difficult with time: Putin
Moscow, Russia | Xinhua | Russia is open to peace talks, and the negotiations with Ukraine will get more difficult with time passing by, Russian President Vladimir Putin said on Thursday. “We do not refuse peace negotiations, but those who refuse should know that the more time they waste, the more …
Read More »Russia summons Norwegian charge d’affaires over transit ban issue
Moscow, Russia | Xinhua | The Russian Foreign Ministry summoned Norwegian Charge d’Affaires Solveig Rossebo over Norway’s decision to block the delivery of goods to Spitsbergen, the ministry said in a statement on Wednesday. Rossebo was informed about the “unacceptable situation around the delivery of cargos to Spitsbergen blocked by the …
Read More »G7 summit concludes, pledging new sanctions on Russia
Elmau, Germany | Xinhua | The leaders of the Group of Seven (G7) nations vowed to “continue to impose severe and immediate economic costs” on Russia at the conclusion of their three-day summit on Tuesday. They said they were seeking to impose a “price cap” on Russian oil, but no specific …
Read More »U.S. president touts gas tax holiday amid surging energy prices
Washington, U.S. | Xinhua | The White House has proposed a gasoline tax holiday in a bid to bring down record energy prices. But economists doubt such a move will have any major impact. “Such a tax holiday might reduce gas prices by up to 18 cents a gallon but will …
Read More »Iran, Russia vow boost to comprehensive ties
Tehran, Iran | Xinhua | Iran and Russia called for a boost to their comprehensive ties to benefit both countries, Iranian President Ebrahim Raisi said in a Thursday statement on his meeting with the visiting Russian foreign minister. Raisi told Sergei Lavrov that continuous meetings and talks between the officials of …
Read More »EU states using strategies to confront price hike at gasoline pump
Rome, Italy | Xinhua | As the crisis in Ukraine sends global fuel prices spiraling higher, governments in European Union (EU) member states are scrambling for ways to reduce the economic impact their citizens are feeling at the gasoline pumps. Prices for gasoline surpassed 2 euros (2.1 U.S. dollars) per liter …
Read More »Russia to deploy Sarmat ballistic missile system by year end: Putin
Moscow, Russia | Xinhua | Russian President Vladimir Putin said Tuesday that the country’s first Sarmat intercontinental ballistic missile system would enter combat duty by the end of the year. “We will continue to develop and strengthen our armed forces, taking into account potential military threats and risks,” Putin said during …
Read More »European countries turn back to coal as sanctions on Russian energy backfire
Berlin, Germany | Xinhua | Many European countries are considering turning back to coal to secure energy supplies as gas supplies from Russia slump amid EU sanctions in recent weeks. Germany, Austria, Poland, the Netherlands and Greece are among the first European nations to reopen coal power plants or take measures …
Read More »Turkey to host meeting with UN, Russia, Ukraine on grain corridor
Ankara, Turkey | Xinhua | Turkey is to host a four-way meeting with the United Nations, Russia and Ukraine in Istanbul next week to discuss a possible Black Sea corridor for exporting Ukrainian grains, local media reported Tuesday. A Turkish military delegation will travel to Russia this week to discuss the …
Read More »