russia

Russia chides France, Spain and Portugal over Morales aircraft incident

"Russia has blasted the European countries which barred the Bolivian presidential aircraft from entering their airspace as unfriendly action, adding that such moves could compromise passengers’ safety. Russian diplomats added that they will continue to press for unconditional observation of international rules that guarantee the personal immunity of heads of state that prevent any attempts on their life, freedom and dignity. The Bolivian presidential aircraft had to land in Vienna, Austria, and remain grounded for 12 hours as France, Spain and Portugal closed their airspace for transit over a suspicion it could have been carrying NSA leaker Edward Snowden." Continue reading →

Continue ReadingRussia chides France, Spain and Portugal over Morales aircraft incident

China, Russia Begin Naval Drills In Sea Of Japan

"Six weeks after South Korea and the US flexed their naval muscles in a joint naval exercise, a mere month after China protested over joint Japan-US naval drills, and amid growing US tensions with the Russians, a Chinese fleet consisting of seven naval vessels departed Qingdao to join in Sino-Russian naval drills scheduled to begin this weekend. The eight-day exercise is expected to be conducted at the sea area and airspace of the Peter the Great Gulf in the Sea of Japan with the Chinese fleet. A total of 18 vessels, one submarine, three fixed-wing planes, five carrier-based helicopters and two teams of special forces from the two countries will participate." Continue reading →

Continue ReadingChina, Russia Begin Naval Drills In Sea Of Japan

Russia and China building their gold reserves

"The People’s Bank of China recently let overnight money-market rates soar to over 20%. The message is clear for those prepared to look for it: they are not going to fuel an extended credit bubble. The two countries have learned how damaging a bank-credit-fuelled business cycle can be, and are determined to restrict bank lending. Western commentators find this hard to understand because it does not conform to the way western monetary policy works. It seems that the leaders of both Russia and China are also painfully aware of the importance of currency stability in a way the West is not." Continue reading →

Continue ReadingRussia and China building their gold reserves

Putin says Snowden should stop harming ‘our American partners’

"President Vladimir Putin made starkly clear on Monday that Edward Snowden was not welcome in Russia, and voiced solidarity with the United States over the fugitive former U.S. spy agency contactor. However, Putin repeated that Russia had no intention of handing the American over to the United States, which wants him on espionage charges. For the second time in a week, he said Russian intelligence agencies were not working with Snowden and urged him to leave as soon as possible. 'If he wants to go away somewhere and someone will accept him there, by all means,' Putin said." Continue reading →

Continue ReadingPutin says Snowden should stop harming ‘our American partners’

Putin says Snowden should stop harming ‘our American partners’

"President Vladimir Putin made starkly clear on Monday that Edward Snowden was not welcome in Russia, and voiced solidarity with the United States over the fugitive former U.S. spy agency contactor. However, Putin repeated that Russia had no intention of handing the American over to the United States, which wants him on espionage charges. For the second time in a week, he said Russian intelligence agencies were not working with Snowden and urged him to leave as soon as possible. 'If he wants to go away somewhere and someone will accept him there, by all means,' Putin said." Continue reading →

Continue ReadingPutin says Snowden should stop harming ‘our American partners’

Snowden vs. the Soyuz

"Russian drones aren’t plying the skies above distant countries, raining death and terror on helpless neighborhoods. Putin the ex-KGB chief doesn’t have Tuesday meetings to authorize summary executions on the basis of a 'Kill List' compiled by anonymous and unaccountable functionaries. Moscow doesn’t provide arms, training, and support to terrorist groups in Syria, Iran, and elsewhere; that’s Washington’s gig. And since September 2001 it has Washington, not Moscow, that employs the services of KGB-trained secret police in countries like Uzbekistan and Syria." Continue reading →

Continue ReadingSnowden vs. the Soyuz

Moscow exchange launches first precious metals trading

"The stock exchange is going to start trading gold and silver by the end of this year, and platinum and palladium in 2014. Trading physical metals is expected to boost liquidity in the market and attract more participants. Russia has so far only been trading futures on gold and silver, not dealing with real metals. Gold has been occasionally sold on the over-the-counter market and the only benchmark for price was the Central bank’s quotations, Gazeta.ru reports. Now gold will get the market price in rubles. Credit institutions licensed to conduct operations with precious metals and non-banking professional brokers will be the main players on the market." Continue reading →

Continue ReadingMoscow exchange launches first precious metals trading

WikiLeaks: Snowden Risks Being Stuck in Russia ‘Permanently’

"The WikiLeaks organization said on Tuesday that U.S. intelligence leaker Edward Snowden may be forced to stay in Russia permanently because Washington is 'bullying' possible intermediary countries, reports Naharnet. Russian President Vladimir Putin said on Tuesday that Snowden -- who had been expected to board a flight for Cuba on Monday, reportedly on his way to seek asylum in Ecuador -- was still in a Moscow airport transit zone. 'Cancelling Snowden's passport and bullying intermediary countries may keep Snowden permanently in Russia,' WikiLeaks said on its Twitter feed. 'Not the brightest bunch at State,' it said, referring to the U.S. State Department." Continue reading →

Continue ReadingWikiLeaks: Snowden Risks Being Stuck in Russia ‘Permanently’

Russia: U.S. demands to hand over Edward Snowden are ‘ravings and rubbish’

"President Vladimir Putin confirmed on Tuesday a former U.S. spy agency contractor sought by the United States was in the transit area of a Moscow airport but ruled out handing him over to Washington, dismissing U.S. criticisms as 'ravings and rubbish'. In his first public comments since the fugitive flew in on Sunday, he appeared to make light of the affair around Edward Snowden, whose flight from U.S. authorities is becoming an increasing embarrassment for President Barack Obama." Continue reading →

Continue ReadingRussia: U.S. demands to hand over Edward Snowden are ‘ravings and rubbish’

Russia defiant as U.S. raises pressure over Snowden

"The White House said it expected the Russian government to send Snowden back to the United States and lodged 'strong objections' to Hong Kong and China for letting him go. But the Russian government ignored the appeal and President Vladimir Putin's press secretary denied any knowledge of Snowden's movements. Asked if Snowden had spoken to the Russian authorities, Peskov said: 'Overall, we have no information about him.' Other Russian officials said Moscow had no obligation to cooperate with Washington, after it passed legislation to impose visa bans and asset freezes on Russians accused of violating human rights." Continue reading →

Continue ReadingRussia defiant as U.S. raises pressure over Snowden