Author: Steven Sahiounie

Earlier reports said that according to the Russian Central Bank’s projections, annual inflation in Russia would continue rising in coming months, whereas by the end of the year it is projected at 5-6.5% MOSCOW, August 16. /TASS/. Annual inflation in Russia accelerated to 4.66% on August 8-14 from 4.43% in the previous week, the Economic Development Ministry reported on Wednesday. “During the week from August 8 to 14, 2023 prices rose by 0.1% on the consumer market. Year-on-year inflation amounted to 4.66%. In the food sector prices were almost flat <…>. In the non-food segment prices added 0.21% mainly due…

President Mahmoud Abbas this evening called the father of Qusay al-Walaji, 16, in the occupied West Bank city of Jericho, who was killed yesterday by Israeli soldiers to offer his condolences. The president expressed his deepest condolences and sincere sympathy, asking God to grant his family and loved ones solace and fortitude. Two Palestinians, including a teenager, were killed yesterday by Israeli gunfire during a military raid into Aqabat Jabr refugee camp, in Jericho. Source: WAFA

Hans-Georg Maassen is now being probed by his own agency, Bild has reported Germany’s domestic intelligence agency, BfV, is allegedly investigating its former chief, Hans-Georg Maassen, in connection to a right-wing conspiracy aimed at murdering Chancellor Olaf Scholz, Bild tabloid reported on Tuesday. According to Bild’s report, the BfV requested data on Maassen from the German Federal Police (BKA) as part of its own investigation. The information in question seems to be linked to a phone call between Maassen and a witness in the so-called ‘Reich Citizens’ conspiracy case. In December 2022, a group of alleged coup plotters were arrested…

According to Dmitry Krutoy, design works have only started by now, and it is early to speak about the model and financing volumes YAROSLAVL, August 16. /TASS/. Minsk and Moscow will start addressing the issues related to production of the Belarusian-Russian aircraft in detail after completion of design works expected by the end of the year, Minsk’s ambassador to Moscow Dmitry Krutoy said on Wednesday. “Regarding the civil aircraft that will be produced in the Republic of Belarus, design works have only started by now, and it is early to speak about the model, financing volumes,” he said, adding that…

Stockholm has so far only sent a fraction of those sought by Ankara in order to ratify the Nordic country’s NATO bid Türkiye is still waiting for NATO hopeful Sweden to take concrete steps in its counterterrorism efforts and approve Ankara’s extradition requests, Justice Minister Yilmaz Tunc said on Wednesday while speaking to the news outlet A Haber. “Sweden needs to be sensitive both about attacks on the Holy Quran, not allowing them, and about our extradition requests,” the minister said. “I would also like to express that we expect a more positive attitude from Sweden on this issue.” He noted that…

A drilling rig arrived in Lebanon’s Block 9 on Wednesday to begin oil and gas exploration, Minister of Public Works and Transport, Ali Hamie, posted on social media platform X, formerly known as Twitter.The start of drilling offshore Lebanon by a consortium led by France’s TotalEnergies follows a landmark US-brokered agreement last year that delineated the contentious maritime border between Lebanon and Israel to the south.The consortium includes Italian oil giant ENI and state-owned QatarEnergy.Lebanon’s Energy Minister Walid Fayad said in May that he expected to know whether there would be a discovery there by the end of the year. ENI CEO Claudio Descalzi…

The recent clashes were triggered by the detention of the head of the 444 Brigade, Colonel Mahmud Hamza, by the rival Al-Radaa Force on Monday. Clashes in the Libyan capital Tripoli have killed 55 people and wounded 146, Libyan media reported on Wednesday, as a truce took hold. Fighting erupted on Monday night and raged through Tuesday between the influential 444 Brigade and the Al-Radaa, or Special Deterrence Force, two of the militias that have vied for power since the overthrow of Libyan President Muammar Gaddafi in 2011 following a NATO-backed military invasion. Libya’s Al-Ahrar TV reported the new toll, citing Malek…

The Abu Dhabi Industrial Strategy (ADIS) launched in June 2022 has accelerated the transformation of the emirate’s manufacturing sector, strengthening its position as the region’s most competitive industrial hub within its first year, according to a release on Tuesday by the Abu Dhabi Media Office (ADMO).Increased activity has been registered across all three stages of Abu Dhabi’s manufacturer licensing journey: Rowad (initial license to establish an industrial company), construction (to begin constructing an industrial facility), and production (to commence operations).The 12-month period from July 2022 to June 2023 recorded a 16.6 per cent increase in the number of new industrial…

It is suggested that the easing adopted will provide creditors with more flexibility in adjustment of interest rates both on credits and loans and on deposits amid the key rate hike MOSCOW, August 16. /TASS/. Russia’s Central Bank will not limit the full loan value on all categories of consumer loans and separate types of credits by the end of this year, the press service of the regulator reported on Wednesday. “The board of directors of the Bank of Russia has made a decision not to limit the full loan value from August 16 to December 31, 2023: for credit…

Bionorica started its operations in Russia in 1997 BERLIN, August 16. /TASS/. Bionorica is not going to withdraw from the Russian market, the press service of the German pharmaceutical producer told TASS. “Bionorica cannot currently outfit and launch the plant in Voronezh due to sanctions of the European Union,” the company said. This is the reason why “it is looking for a suitable partner that will be able to support plant commissioning,” it noted. “Bionorica does not intend to leave the Russian market. We want to continue providing the population of Russia with our high quality products of the plant…