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. […]
Chinese, Uzbek leaders hail inauguration of Central Asia’s longest railway tunnel
(Xinhua) — Visiting Chinese President Xi Jinping and his Uzbek counterpart, Islam Karimov, on Wednesday hailed the inauguration of the Qamchiq Tunnel in Uzbekistan, saying it is a major achievement of the Belt and Road Initiative. The two leaders watched via video link the opening of the 19.2-km railway tunnel, which is part of the […]
Moscow Ranking for Expat Living Costs Falls 65 Places
Moscow has dropped 17 spots in this year’s rankings of most expensive cities in the world for foreigners, a report by the Mercer Human Resource consulting group said on June 22. The change in rank has been driven largely by the ruble’s dramatic fall in value against the U.S. dollar. Since 2013, when Moscow was […]
Military exercise involving 50 aircraft begins in western Russia
The drills involve Sukhoi Su-34 bombers, Su-27 and MiG-29SMT fighters, about 300 motor vehicles on the ground and 1,500 troops, TASS reports. More than 50 warplanes and helicopters of the Western military district have begun to redeploy to tactical airfields under the just-started exercise, the district’s spokesman Igor Muginov told the media. “Tactical and army […]
China, Uzbekistan to boost strategic partnership
Xinhua – China and Uzbekistan upgraded their ties to a comprehensive strategic partnership on June 22 after talks between visiting Chinese President Xi Jinping and his Uzbek counterpart, Islam Karimov, The two countries also outlined the cooperation plan for their new partnership in such areas as political mutual trust and support, the China-proposed Silk Road […]
Kyrgyzstan Approves Bill Banning Foreign Media Ownership
Parliament of Kyrgyzstan has prepared initial approval to a bill banning foreign individuals and organizations from owning and establishing media outlets in the country. The proposed legislation also bans activities in the country of media outlets financially supported by foreign countries, RFERL reports. Lawmakers approved the first reading of the bill on June 22 by […]
China Imports Record Volume of Russian Oil
China increased its imports of Russian oil to a record of 5.2 million tons in May — roughly 1.24 million barrels every day, the Reuters news agency reported Tuesday. In annual terms, China’s oil imports from Russia in May rose by 33.7 percent, Reuters reported, citing data from the Chinese General Administration of Customs. China […]
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