Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the West. Europe and the United States are raining down reprisals after President Vladimir Putin sent tanks into Ukraine, adding to sanctions already pledged in response … Read more
In an apparent message to countries which are not standing by its side or are supporting Moscow, US President Joe Biden has said that any nation that countenances Russia’s “naked aggression” and a “totally unjustifiable” war against Ukraine will be stained by association. Liberty, democracy and human dignity are the forces far more powerful than … Read more
President Joe Biden unveiled harsh new sanctions against Russia on Thursday after Moscow launched an all-out invasion of Ukraine, imposing measures to impede Russia’s ability to do business in the world’s major currencies along with sanctions against banks and state-owned enterprises. “This is a premeditated attack,” Biden told reporters at the White House, saying Russian … Read more
Russia’s military operation against Ukraine sent the global oil markets in a tizzy as Brent crossed the $100 mark after almost eight years. For the India consumers, the short respite in local fuel prices could soon be over as the blowback from Putin‘s actions could sink their household budget. The pause in fuel price hikes … Read more
World leaders on Wednesday waited to see if Russian President Vladimir Putin would cast the die and order troops deeper into Ukraine. At the same time, they worked to maintain a united stance and vowed to impose tougher sanctions in the event of a full-fledged invasion. Fears of an imminent offensive were further heightened late … Read more
Russia on Tuesday called on other countries to “follow” it in recognising east Ukraine‘s separatist republics, a day after President Vladimir Putin did so and ordered the Russian army to send troops there as “peacekeepers.” “Russia calls on other states to follow its example,” Moscow’s foreign ministry said in a statement. It added that Moscow’s … Read more
Russia hit back Wednesday at US threats of direct sanctions against President Vladimir Putin, saying moves against the Russian leader would be ineffective and hurt efforts to lower tensions over Ukraine. Officials from France, Germany, Russia and Ukraine were set for talks in Paris on Wednesday in the latest bid to ease a crisis sparked … Read more
Russian President Vladimir Putin‘s party was set Sunday to retain a majority in parliament on the last day of three-day elections in which most Kremlin critics were barred from the ballot. The vote comes in the wake of an unprecedented crackdown on the opposition this year, with Russian authorities jailing Putin’s best-known domestic foe Alexei … Read more
Russia on Wednesday announced that it has granted regulatory approval to another Covid-19 vaccine named EpiVacCorona. This comes after the country granted similar approval to Sputnik V, making it the first Covid-19 vaccine candidate in the world to attain regulatory approval. “I have a nice piece of news. The Novosibirsk-based Vektor Centre has registered a … Read more
NEW DELHI: It has been a strategic partnership that has grown in strength with every passing year. Built on the rich legacy and preparation for future the India-Russia strategic partnership is truly strategic in nature with a strong component of Make in India and joint ventures. In the words of one of the senior politicians … Read more