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Russia and China have started making mutual payments in trade in their national currencies, Chinese Deputy Commerce Minister told reporters in Moscow on Saturday.
“The Chinese yuan is now a hard currency in Russia,” Chong Shan said, adding that the two countries were mulling a joint investment fund.
In the past 12 months the bilateral trade figure has reached almost $80 billion, and the volume of direct investment now stands at $4 billion.
TASS
The US is now convinced that the Syrian government has used chemical weapons against its own people, US President Barack Obama said Wednesday.
The story line is beginning to sound familiar, too familiar. Young intelligent individual with high moral ideals attempts to expose the egregious clear and unarguable criminality of the U.S. Government, a government which is out of control and trampling on the rule of law and the rights of people worldwide, only to be villainized and forced to seek refuge and protection in a foreign country.
The second day of the Paris Air Show was marked by a demonstration flight of Russia’s Sukhoi Su-35 fighter jet. Video report by The Voice of Russia.
What began in late May as a protest by environmentalists upset at government plans to build on a public park that adjoined Taksim Square has grown into a movement against Turkish Prime Minister. The protests have presented Erdogan with the biggest challenge to his 10 year leadership.
A group of US delegates has arrived in the Qatar capital of Doha for talks with the Afghan Taliban that are set to kick off later today.
The US is now convinced that the Syrian government has used chemical weapons against its own people, US President Barack Obama said Wednesday.
The last two days have witnessed a sharp increase in reports from Afghanistan. On Tuesday, the Taliban declared its readiness to start direct peace talks with the U.S. in the Qatari capital Doha. Afghan President Hamid Karzai first welcomed the news, but then demanded that the talks be moved "immediately" to Afghan soil. Since the demand is virtually impossible to be met, neither the U.S. nor the Taliban have shown any desire to fulfill it, and on Wednesday Karzai announced that he is suspending the talks with the U.S. over a security agreement that would regulate the presence of U.S. troops there beyond 2014.
The plane with the body of Ibragim Todashev, a 27-year-old man who was shot and killed at his Florida home by an FBI agent investigating the Boston marathon bombing, has touched down at a Moscow airport.
Sending the body of Ibragim Todashev, an acquaintance of Tamerlan Tsarnaev, the suspected mastermind of the Boston terrorist attack, to Russia, is a normal procedure and the result of assistance from the Russian Foreign Ministry, Russian Foreign Ministry human rights commissioner Konstantin Dolgov said.
Russia has been implementing the contracts signed with the legitimate Syrian government on perfectly legal grounds, Voice of Russia’s Margarita Bogatova has cited the Kremlin's top foreign-policy aide Yuri Ushakov as saying Thursday.
One person was confirmed killed ifollowing series of explosions and blaze at ammunition depot in Russia’s Samara Region where over 13 million shells were stored.
Russia’s President Vladimir Putin has convened an emergency meeting on the military warehouse blast outside the city of Chapayevsk in the Samara region, Putin’s aide Dmitry Peskov has told reporters.
The decline in production and consumption, insufficient investments and currency risks top the agenda of the St.Petersburg International Economic Forum, which will take place in St.Petersburg between June 20th and 22nd . Given that these issues of global concern could lead to a new wave of economic crisis, the participants in the forum, which will be attended by President Vladimir Putin, say that it’s time to act and call for ‘decisive action’
The World Bank on Wednesday warned that severe hardships from global warming could be felt within a generation, with a new study detailing devastating impacts in Africa and Asia.
Gazprom CEO Alexei Miller and the president of China National Petroleum Corporation (CNPC), Zhou Jiping, discussed yesterday evening matters involved in the concluding of a long-term contract for supplying China with Russian gas, a contract planned for signing before this year is out, Gazprom said.
The Fitch rating agency is concerned about the unregulated part of the Chinese banking sector. The so-called “shadow banks” pose systemic risks for the country’s economy.
The Iranian economy is experiencing severe stress caused by the international sanctions against Tehran. An unofficial estimate of the Iranian inflation rate is almost three times the official annual inflation figure.
The foreign exchange market is now in the crosshairs of the global financial regulators in the aftermath of the rate-rigging scandals in currency rates and interest rates markets.
Senior Russian lawmaker has called succesful the counry's participation in the G8 summit in Northern Ireland, where Russia managed to uphold its position on Syria. Alexei Pushkov praised Russia's offers during the summit to prevent Syria from being turned into the second Iraq or Libya. The humanitarian crisis in Syria worsens day by day. Millions have fled the country since the conflict errupted. The UN has said in the report that there are 45.2 millions people forcibly displaced world wide. It's the highest number of its kind since 1994.
The Global Media Forum in Bonn today tackled information freedom in developing countries.
North Korean authorities have taken interest in the experience of Germany’s National Socialist Party, according to a report by New Focus International, a news organization based outside North Korea, but declaring that it has access to high-level North Korean sources. It is reported that North Korean leader Kim Jong Un, deeply impressed by Germany’s soon revival after the defeat in the First World War, handed out copies of Adolf Hitler's memoir to senior officials.
US delegation arrives in Qatar capital for Taliban talks
