Author: Steven Sahiounie

Trade was halted over a year ago for several companies from the sanctioned country Four Russian tech giants have requested a hearing on March 24 to appeal the Nasdaq stock market’s decision to delist their securities. Internet major Yandex, e-commerce firm Ozon, online recruitment platform HeadHunter, and payment service provider Qiwi are all taking action against the US exchange. Last week, Nasdaq said that it would delist shares of the corporate majors unless they appeal to a Listing Qualifications Hearings Panel. It added that the securities will remain halted and unavailable to trade until any appeal is resolved. A similar…

The agreement covers a range of strategic areas including the development of new atomic reactors Russia and China are deepening their partnership in nuclear energy and will draw up a roadmap for cooperation in developing so-called fast-neutron reactors for decades to come, Russia’s state-run nuclear energy giant Rosatom announced on Wednesday. According to the company, the comprehensive program lays the ground not only for bilateral cooperation, but will essentially influence the shape of the global nuclear energy sector. The document signed between Rosatom and the China National Nuclear Corporation covers “key areas” and is focused on expanding current cooperation as well as…

Consumer prices will continue to rise well into the next year amid global uncertainty, an economic advisory council has said The German Council of Economic Experts (GCEE) has warned that inflation in the country could remain high for longer than expected, or even accelerate if monetary policy measures are offset by risks in financial markets. According a report from the five-member council, high inflation will continue to inhibit the German economy this year. The GCEE expects an average inflation rate of 6.6% in 2023, and noted that while inflation peaked in autumn 2022, it is still significantly elevated and is likely to…

The country’s bullion stockpile has continued to grow over the past year, according to the central bank’s first public report in months Russia’s gold reserves jumped by 1 million ounces over the last year to 74.9 million ounces as of March 1, according to a report by the country’s central bank. The Bank of Russia had stopped disclosing the volume of gold in international reserves in the wake of Western sanctions. The last time it reported an amount was in February 2022, when it said that total gold holdings were 73.9 million ounces. The regulator’s report on Wednesday showed that…

The surge in consumer prices recorded last year amid Western sanctions has been gradually subsiding Inflation in Russia was running at an annualized rate of 5.99% as of March 20, slowing from 7.65% recorded a week earlier, according to the latest report released by the country’s economy ministry on Wednesday. In the category of non-food products, prices for electrical and household appliances resumed growth, while prices for clothes, underwear and footwear continued to grow. The decline in prices for construction materials demonstrated a slight slowdown. At the same time, prices for passenger vehicles remained unchanged after dropping 0.03% a week…

Israeli occupation forces arrested on Wednesday 23 Palestinians in different areas in the West Bank. Palestinian media reported that the occupation forces stormed several neighborhoods in Nablus and Bethlehem cities, al-Walajah to the west of Bethlehem, al-Eizariya and Anata towns in Jerusalem, Beit Ummar, Dura, al-Fawwar camp in Hebron, Qarawat Bani Hassan in Salfit, Khirbet Abu Falah in Ramallah, Ya`bad in Jenin, and Aqabat Jaber camp in Jericho, and arrested 23 Palestinians. On Tuesday, the occupation forces arrested 16 Palestinians in the West Bank. Source: SANA

Austrian Foreign Minister Alexander Schallenberg STRESED THAT Russia will continue to have a role in European future, underscoring that to think otherwise was delusional. “Russia will not disappear from the world, and it will remain our biggest neighbor country. Fyodor Dostoyevsky and Pyotr Ilyich Tchaikovsky will also remain a part of the European culture whether we like it or not.” Reuters quoted Schallenberg as saying in Vienna Source: SANA

Babakov Alexander,Deputy Chairman of the State Duma, stressed that the West was insisted to impose siege and embargo on the Syrian people at a time they suffer the aftermath of the earthquake. “The allegations about offering aid to Syria by the West led by the US are the stuff of fantasy” Babakov said to SANA correspondent. Babakov stressed that the US and its allies abstaining to provide assistance to the quake-affected people in Syria means that they are ready to provide this aid to support the terrorism along with adopting provocations against Syria and all other states with anti-Western policies.…

During the state visit of the President of the People’s Republic of China Xi Jinping to Moscow, London announced the imminent supply to Ukraine of ammunition using depleted uranium. The West must bear the primary responsibility for leading what was a local conflict in the Donbass towards a global nuclear war. Another phase of the conflict began in February 2022, when Russia launched its special military operation to protect the Donbass’s Russian-speaking residents from the Kiev regime’s aggression. The West immediately declared support for Ukraine by non-lethal means and equipment. Shortly afterwards, the West began supplying Kiev with defensive weapons.…

It is noted that pilots of the Russian Aerospace Forces have flown over 140,000 sorties in the special military operation in Ukraine, destroying more than 20,000 enemy sites Up to 90% of the crews of Russian operational/tactical aviation and 85% of drone operators have gained combat experience in Russia’s special military operation in Ukraine, Defense Minister Army General Sergey Shoigu said at a meeting with military commanders on Wednesday. “At our last year’s enlarged board meeting of the Defense Ministry, the supreme commander-in-chief noted the important role of this branch of the armed forces in the special military operation and…