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Saudi Arabia’s foreign minister just gave an utterly unconvincing reason for the plunge in global oil prices
REUTERS/ Mohamed Al HwaityOil is down to $28 a barrel, a drop in price that’s going to have an untold and possibly disruptive impact on countries around the world and across the development spectrum. An emerging conventional wisdom holds that Saudi Arabia, the world’s second-largest oil producer — and largest that isn’t under US...
Tatar Leader Vows Crimea Blockade Will Continue
Crimean Tartars have led a months-long blockade of Crimea to push for its return to Ukrainian rule. Despite growing hardships, one leading activist is adamant the action must continue. …read more Source: Radio Free Europe / Radio...
Iran’s hardline military force is destined to become richer now that sanctions have been lifted
Reuters ANKARA (Reuters) – Iran’s Revolutionary Guards did well under international sanctions, and the elite military force is destined to become still richer now they’ve been lifted. Iran’s clerical rulers have supported economic growth of the Guards, rewarding the group for sanctions-busting as well as suppressing...
Why Iran’s Revolutionary Guards Benefit from the End of Sanctions
ANKARA (Reuters) – Iran’s Revolutionary Guards did well under international sanctions, and the elite military force is destined to become still richer now they’ve been lifted. Iran’s clerical rulers have supported economic growth of the Guards, rewarding the group for sanctions-busting as well as suppressing dissent at...
Former Commander Of Pro-Russian Separatists Says He Executed People Based On Stalin-Era Laws
For most of his 42-minute appearance on a radio talk show, former Russia-backed separatist commander Igor Girkin sounded like nothing more than a fanatic discussing a dream now widely dismissed as fantasy. It wasn’t until the last minute that the interview with him went from surreal to chilling. …read more Source: Radio Free Europe /...
Gorbachev says Russia must step up economy efforts
MOSCOW (AP) — Mikhail Gorbachev, the last leader of the Soviet Union, is warning that Russia needs to increase efforts to find a solution to its ailing economy. Gorbachev’s comments to the state news agency RIA Novosti on Tuesday came a day after the ruble hit an all-time low against the euro, as Russia struggles with a sharp decline in...
Deadly Swine Flu Hits Russia, Ukraine, Armenia, Kazakhstan
The deadly swine flu has caused deaths in Russia and other former Soviet republics. …read more Source: Radio Free Europe / Radio...
Swine Flu Kills 12 in Russia as Illness Spreads Throughout Region
Swine flu has has been gaining ground across Russia, killing more than 12 people in the country since December, according to state news agency TASS. The majority of flu cases are caused by the A(H1N1) strain, commonly known as swine flu. Russia’s current epidemic is expected to peak in January and February, according to Russian Health...
Amid Russian Aggression, Germany Calls For Russia-NATO Talks And Poland Asks For More Troops
As Central and Eastern European states remain nervous over Russia’s actions in Ukraine, Germany’s foreign minister has called for the Kremlin and NATO to hold more talks, Russian state-owned media reported Tuesday. The call comes after Poland urged NATO to deploy more troops and equipment in the region due to Russian aggression....
Russia Economy 2016 Update: Moscow’s Once Hot Real Estate Market Feels Oil Price Slump
Oil prices below $30 a barrel paired with Western economic sanctions after the annexation of Crimea have hit Russia’s struggling economy, with Moscow’s housing market dropping by almost 30 percent last year, local media reported Tuesday. The news comes the same day as the International Monetary Fund downgraded its economic growth...
