German companies are continuing to withdraw from Russia, winding up operations in the wake of US sanctions and the decline of solvent demand. In the five years since Russia annexed Crimea, its relations with the West have deteriorated sharply, and nearly 2,000 German companies have left the Russian market, Deutsche Welle reports, citing data from the Russian-German Foreign Trade Chamber. At the

 Tuesday, December 31, 2019 1:00:26 PM Polish Prime Minister Mateusz Morawiecki said that the Molotov—Ribbentrop Pact was initially a Union agreement between the USSR and Nazi Germany. Morawiecki also accused the Russian authorities of supporting Stalinism. “Russian citizens are the main victims of Stalin, one of the greatest criminals in world history, and therefore they deserve the truth. I believe

31.12.2019 13:47In 2023, the Ukrainian electricity grid should become part of the European grid. “The necessary documents have already been signed, we just need to work on this task. We hope that unification of Ukrainian and European grids will happen already in 2023. This will enable us, including our nuclear generation, even to export electricity, and gain profits. In fact,

Putin and Zelensky agreed in a phone call on Tuesday to draw up a list of Ukrainians, including those held in Russian-annexed Crimea, and Russians held in Ukraine, for an exchange. Photo from UNIAN Russian President Vladimir Putin and his Ukrainian counterpart Volodymyr Zelensky have agreed to begin work immediately on a new prisoner swap, Ukraine’s presidential office said. Read

President of Ukraine Volodymyr Zelensky has assured that the cases over killings of the Heroes of the Heavenly Hundred will be completed and the transfer of former Berkut officers within the detainee exchange will not affect the investigation. “This will not affect the investigation into Maidan cases. First, we have been fulfilling our promises so far. That’s why, as I

Commander of Russian Long-Range Air Force Lieutenant General Sergey Kobylash said in an interview to the newspaper Moskovskij Komsomolets that Russia plans to create an unmanned sixth-generation strategic bomber by 2040. According to Kobylash, in addition to the modernization of existing Tu-160, Tu-95MS and Tu-22MZ bombers, the Russian military is planning to create a new long-range aircraft. “We are also planning to

Russian Deputy Prime Minister Dmitry Kozak said on Vesti Nedeli program on Russia-1 TV channel that Gazprom’s $2.9 billion payment to Naftogaz of Ukraine was a difficult decision for the Russian side. “There was a choice between bad and worse. But all of us together, we can lose much more, unprecedented amounts,” said Kozak as quoted by TASS. In mid-December, Gazprom

The Russian Energy Ministry has dramatically lowered its prediction of the country’s future liquefied natural gas (LNG) production, according to the Energy Strategy 2035, extracts of which were cited by Interfax. In autumn, Russian Energy Minister Alexander Novak and Novatek co-owner Leonid Mikhelson said that in the next 16 years Russia could be producing up to 140 million tons of LNG

In 2020, Russia will consider the possibility of withdrawing from its agreement with the OPEC countries, according to which the largest oil producing countries must reduce their production in order to support oil prices by preventing excess supply. The OPEC+ deal, first signed at the end of 2016 and extended five times since then, becoming the first coordinated step between