By Brian Whitmore The Russian media predictably went into overdrive with the chest-thumping this week as the country’s forces returned home from Syria. On his flagship Vesti Nedeli program, the Kremlin’s chief propagandist Dmitry Kiselyev went so far as to call the Russian intervention a “victory of good over evil” that returned Russia to the … Continue reading
Ukraine’s international private creditors have proposed a 5% haircut. Last month Kiev asked the bondholders for a 40% debt relief worth about $15 billion. The 5% debt reduction proposal was made this week by Ukraine’s largest creditor Franklin Templeton Investments. The investment house holds about $8.9 billion in bonds, according to two people close to the negotiations. It … Continue reading
In a televised speech on Sunday in Damascus, President Bashar al-Assad has vowed to win his country’s long-running civil war. He has acknowledged his troops are struggling to maintain control. The major issue is the lack of manpower. Syrian president also tried to justify why the Syrian army has given up some areas of Syria. Assad said … Continue reading
Vladimir Putin gave a news conference following the BRICS and Shanghai Cooperation Organisation summits in Ufa. By The Kremlin Vladimir Putin: Good afternoon, ladies and gentlemen. Let me start by giving a brief summary of the results of the BRICS and SCO summits that took place here in Ufa. They concluded Russia’s presidency in these two influential organisations and represent a big step in developing our countries’ multifaceted cooperation. In terms of their influence … Continue reading
Originally posted on Financial Post:
If Greece leaves the eurozone, Russia will enter it, casting a chill over Europe The world is focused on the immense implications of a Grexit, or an exit of Greece from the European Union. It might also consider the immense implications of a Grentrance, or an entrance into Greece of…
Originally posted on Peace and Freedom:
NATO Defense ministers meeting in Brussels face renewed vocal threats from an assertive Kremlin A Russian Yars RS-24 intercontinental ballistic-missile system drives during the Victory Day military parade in Moscow on May 9, 2015. Russian President Vladimir Putin said last week he’s adding 40 inter-continental ballistic missiles to Russia’s arsenal.…
Russia is pouring troops and weapons — including missiles capable of carrying nuclear warheads — into its western exclave of Kaliningrad at such a rate that the region is now one of Europe’s most militarized places. By Tony Wesolowsky A NATO official, writing to RFE/RL on condition of anonymity, said that Moscow is stationing “thousands … Continue reading
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What’s the connection between the G7 summit in Germany, President Putin’s visit to Italy, the Bilderberg club meeting in Austria, and the TTIP – the US-EU free trade deal – negotiations in Washington? By Pepe Escobar We start at the G7 in the Bavarian Alps – rather G1 with an added bunch of “junior partners” … Continue reading
By BNE IntelliNews Christine Lagarde, head of the International Monetary Fund, has for the first time publicly linked IMF funding for Ukraine to an end to conflict in the country’s east. “In order to reform its economy, Ukraine need stable borders, this is indispensable,” she told Le Monde during an interview at the World Economic Forum in Davos on … Continue reading