Russian Defense Minister Sergei Shoigu has recently visited Iran and India, while Federation Council Speaker Valentina Matviyenko has paid a visit to Nicaragua. The officials discussed Russia’s participation in the construction of a transatlantic channel of military and strategic importance. Russia’s most recent agreements became a response to the challenges from the United States. The … Continue reading
The current crisis in Russia is the perfect time for investment and creating a new model of development. Switching to technology exports would help the country overcome the crisis as fast as it can, speakers at the Gaidar Economic Forum in Moscow told RT. Although the current geopolitical issues and the situation on the global … Continue reading
By Ankit Panda Kim Jong-un may embark on his first ever foreign visit since assuming the title of North Korea’s Supreme Leader later this year. According to a report by The Korea Herald citing an anonymous South Korean diplomatic source, Kim has accepted an invitation from Russian President Vladimir Putin to attend a May ceremony marking the 70th … Continue reading
By Norman Pollack US foreign policy is the country’s Achilles heel. On the domestic side, it faces few challenges and can get away with pretty much what it pleases, e.g., massive surveillance, Espionage Act prosecutions to silence revelations of war crimes, taxation policies which widen inequities of income distribution, regulatory policies ditto for further concentration … Continue reading
The most recent downgrade by the Fitch rating agency that leaves Russia just one step away from ‘junk’ status won’t have a dramatic impact on the economy, Russian economists have told RT. “A Fitch downgrade will have a limited effect on the Russian economy, as the situation is already tense,�?Vladimir Tikhomirov, chief economist at BCS … Continue reading
Russia’s military doctrine can be updated and altered against the changing nature of threats. Pravda.Ru interviewed President of the International Center for Geopolitical Analysis, Doctor of Historical Sciences Leonid Ivashov, about the current state of affairs in the military doctrine of the Russian Federation. “The concluding part of the military doctrine from 2010 states that … Continue reading
By Andre Vltchek Last night, in Beijing, I sat in a historic Szechuan restaurant with a friend who happens to be a Chinese diplomat. We exchanged some stories, ordered food, and then, suddenly, my throat felt dry and my eyes got misty. I bowed and thanked her for the heartfelt offer China made to rescue … Continue reading
The international ratings agency has knocked Russia’s credit rating down a peg, while warning that ‘growth may not return until 2017,’ as the national economy struggles amid sanctions and tumbling oil prices. Fitch Ratings Inc, with dual headquarters in New York and London, downgraded Russia’s credit rating to BBB- from BBB, which is just one … Continue reading
Originally published on 18 December 2014Â . The nearly forgotten word from the 1990s, “sequestration,” apparently returns to Russian lexicon. Reportedly, the Russian government has decided to cut government spending in the budget for the coming 2015. It was even said that public spending would be cut by a tenth, although reductions would not affect … Continue reading
By Tom Lydon The Market Vectors Russia ETF (NYSEArca: RSX) lost about three-quarters of a percent early in Friday’s after-hours session after Fitch Ratings lowered Russia’s sovereign credit rating to BBB-, the lowest investment grade, with a negative outlook. Fitch previously rated Russian sovereign debt BBB. “‘BBB’ ratings indicate that expectations of default risk are … Continue reading