Author: Steven Sahiounie

Tokyo opted to highlight “Russia’s nuclear threat” instead of condemning those responsible for leveling the city in 1945 Japanese officials have marked the 78th anniversary of the nuclear bombing of Hiroshima without naming the US as the country responsible. Despite the US carrying out the only two offensive uses of nuclear weapons in history, they chose instead to condemn Russia for its supposed “nuclear threat.” “Japan, as the only nation to have suffered atomic bombings in war, will continue efforts towards a nuclear-free world,” Prime Minister Fumio Kishida said in a speech on Sunday. The path to such a world is becoming “increasingly…

The New York Times earlier quoted Peskov as saying that “Putin will be re-elected next year with more than 90% of the vote” Russian presidential press secretary Dmitry Peskov told TASS on Sunday that The New York Times has misinterpreted his words about the upcoming presidential election in Russia in 2024 where Putin will be re-elected by more than 90% of votes. The New York Times earlier on Sunday quoted Peskov as saying that presidential election in Russia “is not really democracy, it is costly bureaucracy” and that “Putin will be re-elected next year with more than 90% of the…

Former vice president Mike Pence, currently running for the 2024 presidential elections, says he is confident he did his duty regardless of what the outcome of the indictment of former US President Donald Trump. Mike Pence, former US Vice President and current Presidential candidate, told CBS correspondent Major Garrett in an interview that he had “no plans to testify” against former US President Donald Trump after he was charged by a federal prosecutor. During the interview, however, Pence also told Garrett that he vowed to “obey the law.” Pence explained that “In this case, we’ve stood firmly for the rule of law. I…

Turnover hit all-time highs last year and continues to grow despite Western sanctions on Moscow Economic cooperation between Russia and the United Arab Emirates has been on the rise despite Ukraine-related Western sanctions on Moscow, Bloomberg reported on Thursday. The outlet cited the Carnegie Endowment for International Peace as saying that the flow of Russian oil and precious metals into the emirates have recently soared while microchips and civilian drones were being supplied to Moscow. The report also quoted Goldman Sachs’ Jared Cohen as stating that the UAE is profiting from its position as a “geopolitical swing state.” Apart from soaring…

The voluntary reduction of one million barrels per day will be in place for an additional month to include September One of OPEC’s top producers, Saudi Arabia, announced on Thursday the extension of its cut in oil output for at least another month, to support global crude prices. State news agency SPA cited an official source at the energy ministry as saying that with the kingdom’s voluntary cut of one million barrels per day, production for September will be around nine million barrels per day (bpd). “This additional voluntary cut comes to reinforce the precautionary efforts made by OPEC+ countries…

The decline has been linked to the demand-supply disbalance and the end of the tax period The Russian ruble has continued this week’s slide, dropping over 2% against the euro during trading on the Moscow exchange on Friday. The currency was trading at 106 rubles to the euro for the first time since March 2022, exchange data showed. The ruble also declined to 96 to the US dollar. Analysts have attributed the ruble’s fall largely to the end of the tax period and the disbalance between demand and supply. “Today, the ruble continues to weaken, although, in general, it still…

Energy firms have been exempted from the levy Russian President Vladimir Putin has signed a law obliging large companies to pay a windfall tax on excess profits, according to a posting on the portal for legal information on Friday. The levy will target any businesses whose profits in 2021-2022 exceeded 1 billion rubles ($10.5 million), charging 10% on any excess profits earned during that period. The move, set for a January 2024 deadline, would reportedly add more than $3 billion to the state coffers over the next three years, according to RIA Novosti. Companies established after 2020 and energy sector…

The country’s GDP in PPP terms is outperforming that of Germany, according to World Economics Russia was among the world’s five largest economies and the largest in Europe in terms of purchasing power parity (PPP) as of the end of 2022, despite Western sanctions, the latest World Economics report has revealed. According to estimates based on official country data published by the World Bank and the IMF, Russia’s gross domestic product was $5.51 trillion in PPP terms at the end of last year. The figure is 38% larger than the official estimate of $3.993 trillion, the report noted. It also…

Iran sees no limit to the promotion of relations with Serbia, Foreign Minister Hossein Amirabdollahian said. Amirabdollahian held a meeting with Serbian Deputy Foreign Minister Goran Aleksic in Tehran on Saturday. Hailing the “good and progressing” relations between Tehran and Belgrade, the Iranian foreign minister pointed to the meetings between the officials of Iran and Serbia, including the recent trip by Serbian Parliament Speaker Vladimir Orlic to Tehran, saying Iran sees no limit to expanding ties with Serbia. For his part, Aleksic, who is visiting Tehran for the second round of political consultations with Iranian officials, underlined the importance of…

According to the Kherson Region’s acting governor Vladimir Saldo, “the most vile thing done by the Kiev regime is that a school in the settlement was hit” Ukrainian troops delivered a strike on the Chongar Bridge and the settlement of Chongar in the Kherson Region with Storm Shadow missiles, the region’s acting governor Vladimir Saldo said on Sunday. “Kiev’s terrorists shelled the Chongar Bridge and the settlement of Chongar with NATO’s Storm Shadows. The bridge was damaged by a missile, but the most vile thing done by the Kiev regime is that a school in the settlement was hit,” he…