Author: Steven Sahiounie

China’s Deputy Representative at the the UN Security Council, Geng Shuang, reaffirms Beijing’s support to the Palestinian people’s just cause and to restore their rights and territories according to the 1967 borders. At the UN Security Council on Wednesday, China’s Deputy Representative, Geng Shuang, called on “Israel” to “stop encroaching” on Palestinian territories and resources. “Since the beginning of this year, Israel has continued to advance unilateral actions on approving returns, building new settlements, and legalizing settlements,” Geng said. Discussing the Middle Eastern situation, Geng stressed that Israeli settlement-building practices violate international law and UN Security Council Resolution 2334. The…

Sergey Shoigu noted that this year’s largest exercises would be Defender Europe 2023, which would involve countries outside the bloc The North Atlantic Alliance is using the Ukrainian crisis as a pretext for building up its groups in Eastern and Central Europe, Russian Defense Minister Sergey Shoigu said on Thursday. “NATO is using the Ukrainian crisis as a pretext for building up its groups. Another stage of the alliance’s expansion has been launched. Military infrastructure is being modernized in Eastern and Central Europe, strike weapons are being deployed, and the scale and intensity of joint exercises are increasing,” Shoigu said…

The defebse minister noted that “instead of working for the reconstruction of Afghanistan after the hasty withdrawal from it, the NATO countries are trying in various ways to restore their military presence in the Central Asian region” Washington intends to use the potential of illegal armed groups in Afghanistan to destabilize the situation in the region, Russian Defense Minister Sergey Shoigu said at a meeting of the CSTO defense ministers in Minsk on Thursday. “Afghanistan remains a hotbed of instability. The main threat comes from illegal armed groups that have significantly strengthened their positions in that country after the Islamic…

The defense ministers discussed the current military and political situation and issues of military and technical cooperation between the two countries’ defense ministries The defense ministers of Russia and Belarus, Sergey Shoigu and Viktor Khrenin, respectively, signed documents in Minsk on Thursday defining the procedures for storing Russian nuclear weapons at a special storage facility on Belarusian territory, the Belarusian Defense Ministry reported. “During the meeting, documents determining the procedure for keeping Russian non-strategic nuclear weapons in a special storage facility on the territory of the Republic of Belarus were signed,” the ministry’s press service said. The measures taken by…

The meeting will also be attended by the CSTO secretary general and the Organization’s Chief of General Staff Russia’s defense chief Sergey Shoigu has arrived in the capital of Belarus, Minsk, where his counterparts from the Collective Security Treaty Organization (CSTO) member countries will discuss regional challenges and threats later today, the Russian Defense Ministry reported on Thursday. Participants in the meeting of the CSTO Council of Defense Ministers will also discuss efforts to upgrade the Organization’s crisis response system and a number of issues of mutual interest, Russia’s top brass said in a statement. The meeting will also be…

A warm winter has saved “humanity and Europe” from a severe energy crisis, Energy Minister Saad Al-Kaabi has claimed A warm winter has prevented the EU from a severe energy crisis but the “worst is yet to come” for the bloc, Qatari Energy Minister Saad Al-Kaabi warned on Tuesday, citing a lack of investment in oil and gas. Speaking at the Qatar Economic Forum in Doha he claimed that an “aggressive” energy transition will discourage investment in hydrocarbons and could result in energy shortages in the EU over the coming decade. “There’s going to be a big shortage of gas in the future, predominantly…

The country is still a dominant economic power but its authority is challenged by Western sanctions, the rating agency says Russia’s economic pull in the Eurasian Economic Union (EEU) remains strong despite geopolitical tensions and Western sanctions, according to Moody’s. The rating agency, however, noted that growing uncertainty is undermining Moscow’s role as a major diplomatic player and economic hub. According to the report, the conflict in Ukraine has led Central Asian countries to reassess their trade routes, export markets, and investment sources, as they seek to diversify. This could boost regional economic growth and transform labor markets, Moody’s wrote.…

The countries have been forging closer trade ties as both find themselves targeted by Western sanctions Russia and Iran have reached an agreement to boost the use of their respective national currencies in settlements as a push toward de-dollarization gains momentum in bilateral economic relations, Iranian media reported on Wednesday. The head of Russia’s Central Bank Elvira Nabiullina has held a meeting with her Iranian counterpart Mohammad Reza Farzin as part of her visit to Tehran where the Asian Clearing Union (ACU) summit is taking place. “I had a good and productive meeting with my Russian colleague Elvira Nabiullina,” Farzin wrote…

The Russia-led free-trade bloc is striving for the stable economic development of its member states, the president said The role of the Russia-led Eurasian Economic Union (EEU) in the global arena and the integration of its member states are growing despite external pressure, Russian President Vladimir Putin said on Wednesday. He was speaking at the plenary session of the second Eurasian Economic Forum (EEF) in Moscow. The event, which was attended by officials and businesses from Armenia, Belarus, Kazakhstan and Kyrgyzstan, will run through May 26. “The numbers speak for themselves. Despite the large-scale crisis in the global economy and…

The US default would be disastrous, according to eminent economist Nouriel Roubini The US government’s failure to agree on lifting the debt ceiling is likely to hit markets and damage confidence in the dollar over the longer term, renowned economist and New York University professor Nouriel Roubini has warned. “They may get to the last hour before there’s an agreement,” Roubini told Bloomberg TV on Wednesday, on the sidelines of the Qatar Economic Forum in Doha. “Or it’s possible they don’t reach an agreement. If that doesn’t happen, then the market is going to crash,” he said. According to Roubini, who predicted the…