Section: Africa&ME
Sanctions, oil prices cost Russian economy $140 billion a year
Lower oil prices and Western financial sanctions imposed over the Ukraine crisis will cost Russia around $130-140 billion a year — equivalent to around 7 per cent of its economy — Finance Minister Anton Siluanov said on Monday. …read more Source: Al...
France halts warship delivery to Russia
PARIS: France suspended the planned delivery of a warship to Russia on Tuesday, after months of growing speculation about what would be the biggest arms sale ever by a Nato country to the Kremlin. The French president’s office announced the suspension “until further notice” after growing pressure from allies to suspend the sale because of...
French Far-right National Front Reveals Russian Financing
LONDON—Amid growing evidence of links between the Kremlin and far-right groups across Europe, France’s National Front has admitted taking a multimillion-dollar loan from a bank controlled by Russia. The admission came as the French government postponed a contract to deliver two warships for Russia. In a statement Tuesday, the French...
Pope tells ‘haggard’ Europe to lead again
STRASBOURG: Pope Francis launched a blistering attack yesterday on a “haggard” Europe, urging it to reclaim global leadership after years of crisis and to take in migrants before the Mediterranean becomes a “vast cemetery”. During a lightning visit to Strasbourg, the Argentine pontiff used speeches to the European Parliament and Council of Europe...
Political Pressure Mounts on Ukraine’s Poroshenko
KYIV, UKRAINE—Political pressure is mounting both at home and abroad on Ukraine’s President Petro Poroshenko, with critics arguing he lacks direction in combating a pro-Moscow insurgency in the east and not moving fast enough on reform. A month after Ukraine held its first parliamentary polls since the ouster of pro-Moscow President Viktor...
Tatar leader urges Turkey to impose sanctions on Russia
Turkey should impose sanctions on Russia and follow the example of European countries, Crimean Tatar leader and member of Ukraine’s parliament has said. …read more Source: World...
Russia warns Ukraine against NATO membership
A senior Russian official said Ukraine’s president’s referendum plans on NATO membership would increase regional tensions. …read more Source: World...
Turkey urged to impose sanctions on Russia
Turkey should impose sanctions on Russia and follow the example of European countries, Crimean Tatar leader and member of Ukraine’s parliament has said …read more Source: Anadolu...
Russia not suing France over warship delivery delay: minister
Russia has no immediate plans to file a claim against France after it delayed the delivery of a hi-tech warship over the Ukraine crisis, Deputy Defence Minister Yury Borisov said Nov. 25. …read more Source: Hurriyet Daily...
France Postpones Decision on Delivery of Mistral Carriers
PARIS—French President Francois Hollande delayed indefinitely on Tuesday his decision on whether to deliver the first of two Mistral helicopter carriers ordered by Russia but whose status is in limbo as a result of the conflict in Ukraine. “The President of the Republic considers that the situation in the east of Ukraine… …read more...
