Russia Capable of Feeding Itself
Russia is capable of feeding itself without importing food, Russian Prime Minister Dmitry Medvedev said on June 27. “Today, we are collecting crops that could put us among the top three grain suppliers to the world market. The level of food security has noticeably increased. Now, Russia is able to feed itself without foreign food […]
PKK earns $1.7 billion in drug trade: Ministry report
A narcoterrorism report prepared by Turkey’s Interior Ministry suggests that the outlawed Kurdistan Workers’ Party (PKK) earns nearly $1.7 billion each year through its involvement in the production and trading of cannabis, in addition to drug smuggling, Hurriyet Daily News reports. The PKK earns some 500 million Turkish Liras (around $170 million) per year via […]
Russia and China to produce heavy helicopter
Under the agreement between Russia and China, the Russian helicopters will provide technologies and also develop a technical proposal and separate systems of the new vehicle on a contract basis, Tass reports. The Russian and Chinese governments signed an agreement on June 25 to cooperate under a program to build an advanced civilian heavy helicopter. […]
Iran to barter oil with Turkey for rail
Iran has reportedly sealed a deal with Turkey to barter oil for rail. According to Tasnim news agency, the 80-million euro deal, Iran will buy nearly 1,000 kilometers worth of rails from Turkey, Pars Today reports. The report quoted Turkish Transportation, Maritime Affairs and Communications Minister Ahmet Arslan as saying that Turkey will buy oil […]
Iran, Kazakhstan to build joint oil refinery in Mazandaran
Iran and Kazakhstan will participate in a project on constructing a joint oil refinery in Amirabad Port in Mazandaran province, head of Industry, Mine and Trade Organization of Mazandaran said on June 26. Mohammad Mohammadpour, Head of Industry, Mine and Trade Organization of Mazandaran, in a meeting with a Kazakh trade delegation on Sunday expressed […]
Iran Becomes 3rd Major Oil Supplier to India
Iran stands the third major supplier of oil to India after Saudi Arabia and Iraq for exporting more than 500,000bpd crude to the country. Based on the statistics available, India imported 4,350,000bpd oil on the average in the first three months of 2016, showing about 500,000 bpd increase in the imports compared to the amount […]
India and Pakistan Could Join SCO In 2017
Russian President Vladimir Putin has told the possibility that India and Pakistan could join the Shanghai Cooperation Organization (SCO) in 2017. Speaking at the SCO summit in Tashkent on June 24, Putin said New Delhi and Islamabad “must meet all the obligations to receive the status of member states, RFERL reported. He said the membership […]
Wealthy Russian Families Lose Up to 75% of Their Income in 2015
Wealthy Russian families lost between 25 and 75 percent of their income in 2015, the Vedomosti business daily reported Thursday, citing the Russian Wealth Report 2016, The Moscow Times cites. On average, families with an annual income between 15 million and 100 million rubles ($235,000 to $1.5 million) lost 45 percent of their revenue, according […]
Russia, Kazakhstan Discuss Joint Projects Worth $25Bln
Russia and Kazakhstan are discussing joint projects with a combined value of $25 billion, Kazakh President Nursultan Nazarbayev told the Russia-24 TV channel, Sputnik International news agency reported. “Some 6,000 joint [Russian-Kazakh] ventures have been developed since [the Eurasian Economic Union] and now we have projects worth $25 billion in total to implement,” he said. […]
China expects closer cooperation with India under SCO framework
(Xinhua) — China is looking forward to enhancing cooperation with its neighbor India under the framework of the Shanghai Cooperation Organization (SCO), Chinese President Xi Jinping said here on June 23. Xi made the remarks while meeting with Indian Prime Minister Narendra Modi ahead of this year’s SCO summit scheduled for June 23-24 in Tashkent. […]
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