Russian President Vladimir Putin sought to reassure the public In the face of rising inflation, on Wednesday by announcing increases in pensions and social benefits. “From June 1, I plan to increase the pension by 10 percent for non-working retired people,” Putin said at a televised meeting with officials including regional governors. Pensions will increase at … Read more
The Russian military stated on Saturday that it used sea-launched Kalibr cruise missiles to destroy a large cargo of Western arms in Ukraine’s Zhytomyr area, west of Kyiv. The operation, according to the defence ministry, targeted “a large batch of weapons and military equipment delivered from the USA and European countries” for Ukrainian soldiers in the … Read more
President Vladimir Putin stated Monday that Russia’s economic system become stabilizing after being hit via extraordinary sanctions over the army marketing campaign in Ukraine. “The Russian economic system keeps stabilizing. Inflation has slowed down, the weekly charge of charge boom has approached normal levels and charges for a few items have already begun to say … Read more
The effect of sanctions placed on Moscow by the United Kingdom, the United States, and the European Union is disastrous, with the Kremlin trying to keep the economy afloat. Since the invasion of Ukraine on February 24, Moscow has been severely harmed by actions that have been gradually ratcheted up. It has economically isolated Russia, … Read more
Since the Russian invasion of Ukraine, the United States, which repeatedly promised to protect Kyiv, has again come into the spotlight because it continues to add fuel to the fire. Ukrainian President Volodymyr Zelensky in a video speech complained that the Western countries have abandoned his country. Some Western netizens even asked: Where has the … Read more
PARIS: France’s finance minister said on Tuesday that Europe was waging “economic war” against Russia, prompting a senior Kremlin figure to warn about the dangers of a “real” conflict between the countries. “We will bring about the collapse of the Russian economy,” Bruno Le Maire told the Franceinfo broadcaster on Tuesday morning after France, the … Read more
PARIS: France said on Tuesday that Western sanctions against Moscow over its invasion of Ukraine will cause the Russian economy to collapse. “We will bring about the collapse of the Russian economy,” Finance Minister Bruno Le Maire told the Franceinfo broadcaster a day after France, the EU and others said they would impose a new … Read more
MOSCOW: Russia’s central bank announced on Monday it was raising its key interest rate to 20 per cent from 9.5 per cent as the West pummelled the country with sanctions over Moscow’s invasion of Ukraine. “The Bank of Russia’s board of directors has decided to raise the key rate to 20 per cent,” the central … Read more
