Moscow, Russia – BRICS will work to create an independent payment system based on digital currencies and blockchain, Kremlin aide Yury Ushakov said on Tuesday. "We believe that creating an independent BRICS payment system is an important goal for the future, which would be based on state-of-the-art tools such as...
Russian Foreign Ministry specifies conditions for resuming grain deal
Moscow, Russia - Moscow on Thursday reiterated the need to fully implement the provisions of the Russia-UN memorandum for the resumption of the grain deal, Alexey Polishchuk, head of the second department of the CIS countries at the Russian Foreign Ministry said in an interview with the Russian news agency...
Treaty on strategic partnership between Russia and Iran 85% ready: Lavrov
Tehran, Iran--A treaty on comprehensive strategic partnership between Russia and Iran is about 85 percent ready, Russian Foreign Minister Sergey Lavrov said on Monday. "The work on a new big treaty is at an advanced stage. I would say that it is 85 percent agreed. Several specific issues are yet...Russia FM to visit Iran amid tensions in Middle East
Iran and Russia have bolstered ties in many fields over the last few years and Moscow has turned to Tehran for military support and economic partnerships as both countries face a raft of Western sanctions. The West has accused Tehran of supporting Russia's offensive in Ukraine by providing it with...
Google’s Russian division faces bankruptcy as debt to creditors soars: TASS
Moscow, Russia - Google's Russian subsidiary is on the brink of bankruptcy as it struggles to cope with its mounting debt to creditors, Russian news agency TASS reported on Monday. The subsidiary's financial liabilities have now surpassed a staggering 20.1 billion rubles ($211,579,032), according to documents revealed during the first...
Russia to cut oil output by another 500,000 bpd
Moscow, Russia - Russia on Friday confirmed the reduction of oil supplies to markets by 500,000 barrels daily in August by lowering exports and other actions needed for this purpose, the Russian Ministry of Energy told the Russian news agency TASS. Supplies will be lowered in addition to earlier assumed...
Russian flagship sinks after Kyiv claims missile hit
Russia's Black Sea flagship sank on Thursday after an explosion and fire that Ukraine claimed was a successful missile strike, as the Kremlin accused Kyiv of targeting its citizens in sorties across the border. The Moskva missile cruiser had been leading Russia's naval effort in the seven-week conflict.
