ANKARA/STOCKHOLM/BERLIN/ROTTERDAM, Netherlands (AA) – Nine more European nations moved to close their airspace to Russian planes on Sunday, adding to a growing list that leaves Russian airlines facing an almost complete airspace blockade to the country’s west. France, Germany, Spain, Italy, Belgium, Austria, Denmark, Sweden and the Netherlands...
Russia’s war against Ukraine “will last” and the world must prepare for the crisis with determination, French President Emmanuel Macron has warned as he accelerated military deployment in neighboring Eastern European countries to support Kiev. “War has returned to Europe,” Macron told businessmen and industrialists at an agriculture event in P...
ANKARA (AA) – The Organization for Economic Co-operation and Development (OECD) on Friday announced that it has decided to formally terminate the accession process with Russia, which was postponed in 2014. In a statement, the organization added that it will close its Moscow office and stop all invitations to Russia at ministerial levels....
ANKARA (AA) – International sanctions imposed on Russia are expected to affect global economy, which is still trying to recover from the shock of the pandemic, the head of International Monetary Fund (IMF) said on Friday. Kristalina Georgieva said the effects of the sanctions would be seen in energy and grain prices, which would increase...
MOSCOW, RUSSIA – FEBRUARY 24: Russian President Vladimir Putin met Pakistani Prime Minister Imran Khan in Moscow on Thursday, Feb. 24, amid high tensions between Moscow and Kyiv. A brief statement by the Kremlin said the two leaders discussed “the main aspects of bilateral cooperation and exchanged views on current regional topics, inclu...
LONDON (AA) – Britain on Thursday announced further sanctions targeting Russian banks, companies, entities and individuals. Prime Minister Boris Johnson described the sanctions as the “largest and most severe package” of sanctions “that Russia has ever seen,” as Moscow launched a military intervention into Ukraine...
ANKARA (AA) – G7 Leaders on Thursday condemned Russia’s military intervention in Ukraine as “a violation of international law.” “We are appalled by and condemn the large-scale military aggression by the Russian Federation against the territorial integrity, sovereignty and independence of Ukraine, directed partly from Belarusian soil,” sa...
The Russian Central Bank has announced that it will begin to intervene in the foreign exchange market after the Russian currency plunged to a record low following the Russian military intervention in Ukraine. “The Bank of Russia will ensure the maintenance of financial stability and business continuity of financial institutions by using ...
New sanctions imposed by the US, UK and the European Union are targeting some names close to Russia’s president and Russian banks following Moscow’s decision to officially recognize the so-called administrations of two separatist regions in eastern Ukraine. While the activities of some Russian banks in international markets were restricted wit...
NUR-SULTAN, Kazakhstan (AA) – Kazakhstan, which ranks first globally in crude uranium production, is taking steps to produce nuclear energy, a senior official said on Wednesday. Jaslan Kasenov, the head of the Nuclear Energy and Industry Department of the country’s Energy Ministry, told journalists in Nur-Sultan that Kazakhstan is curren...
