Author: Steven Sahiounie

Euro rises to 75.33 rubles The dollar exchange rate rose by 18.75 kopecks from Tuesday’s close, trading at 69.19 rubles on the Moscow Exchange as the trade opened on Wednesday.The euro gained 18 kopecks, reaching 75.33 rubles.In turn, the yuan rate remained practically unchanged, at 10.147 rubles (+0.9 kopecks). This article was originally published by TASS

The second summit and economic forum Russia-Africa are scheduled for Russia expects the launch of direct flights to the Republic of South Africa by the second Russia-Africa summit, Ambassador at Large, Head of the Russia-Africa Partnership Forum Secretariat Oleg Ozerov said at the Valdai Discussion Club when speaking about relations between Russia and South Africa.”I think there are simple solutions that allow resetting our relations very fast, this is, first of all, tourism. This is a very attractive area. If we manage – and we hope – to launch, say, direct flights to South Africa by the summit, tourists will…

It was also noted that the production of such devices is possible in Russia, although not entirely from domestic parts Russian banks can gradually switch to terminals by Asian manufacturers if the French company Ingenico leaves the Russian market, Viktor Dostov, chairman of the Association of Electronic Money Market Participants and Money Transfers, told TASS.”Ingenico has long announced the possibility of leaving the Russian Federation. As far as I understand, their main task now is to organize support for already sold devices and software. Accordingly, let’s hope that existing customers, including the largest banks, smoothly and gradually as existing devices…

Earlier, it was reported that Gazprom and Uzbekistan signed a roadmap on cooperation between Russia and Uzbekistan in the gas sector The Ministry of Energy of Uzbekistan and Gazprom discussed technical possibilities of gas transit over the Central Asia – Center gas pipeline on the territory of the country and Kazakhstan, the press service of the Ministry said on Wednesday.It was reported earlier that Gazprom and Uzbekistan signed a roadmap on cooperation between Russia and Uzbekistan in the gas sector.”In accordance with the signed roadmap, the working group agreed upon technical measures between the parties, required to implement gas transit…

Russia and China are expanding the range of goods for freight traffic on the Blagoveshchensk-Heihe highway Bridge across the Amur. According to a statement released by the Russian consulate-general in Harbin (the northeastern province of Heilongjiang) on its Telegram channel on Wednesday, the supply of vegetables, fruits and other food products from China will be allowed through the Kani-Kurgan-Heihe checkpoint starting January 30. This became possible after the checkpoint was put on the list of border checkpoints meant for supply of food products to Russia, the diplomatic mission said, adding that respective amendments were made to the Russian government’s decree…

Banks in Argentina are suffering from a shortage of space to store the quickly depreciating national currency banknotes, Bloomberg reported, citing sources in the banking industry. According to the report, Banco Galicia and the local unit of Spain’s Banco Santander have been forced to install additional vaults to store peso bills. Banco Galicia has already added eight vaults for cash storage over the past year to the two it had since 2019, and reportedly plans to set up two more in the coming months. Argentina, which boasts the second biggest economy in South America after Brazil, has been plagued by…

Steven Sahiounie, journalist and political commentator Covert training camps in the Jordanian desert are currently the site of British and American trainers developing young Lebanese men, loyal to the Christian warlord, Samir Geagea, according to chief editor of Al Mariah magazine, Fadi Abu Deya. In an interview given to Al Jadeed TV, Abu Deya claimed Geagea is sending fighters to Jordan for military training which is supported by the US and UK. Gegea’s media office has denied this allegation and has threatened to file a lawsuit against Abu Deya. The militia is allegedly tasked with attacks on Hezbollah, the Lebanese…

Hungary says Brussels should prioritize the issue and secure diversified energy deliveries Hungary, Romania, Bulgaria and Slovakia have requested that the European Commission (EC) allocate funds for infrastructure development that would enable increased shipments of Azerbaijani gas to the EU, Budapest announced on Tuesday. Speaking at a joint news conference with Azerbaijani Economy Minister Mikail Jabbarov, Hungarian Foreign Minister Peter Szijjarto urged Brussels to address the energy-supply issue “as a priority, and provide financial support.” According to the official, the investment being sought is needed to build new facilities and update existing infrastructure, which would provide for increased volumes of Azerbaijani gas…

French sportswear retailer Decathlon is currently searching for buyers for its Russian assets, RBK business daily reported on Wednesday, citing unnamed sources linked to the country’s large retail chains and consulting companies. Decathlon, which is owned by French retail giant Association Familiale Mulliez, suspended the delivery of goods to the Russian market in late March after the EU imposed Ukraine-related sanctions on Moscow. At the end of June, all its outlets across the country, including the online store, were shut down. Decathlon’s parent company became a rare example of a major Western company opting to keep running its business in…

UK workers are demanding a pay raise and better conditions, saying ‘robots are treated better’ Amazon union workers in the UK are striking for the first time ever. They are complaining that their wages are below inflation-linked rates and are describing working conditions as “severe.” Members of the GMB Union working at the retailer’s warehouse in Coventry voted to hold a “historic” industrial action after Amazon offered a 50-pence-per-hour (62 cents) increase in pay last month. The workers have rejected what they called a “derisory” pay rise, demanding instead an increase to £15 ($18.48) per hour. The 24-hour strike began on Wednesday after midnight, with…