EU to Pay Moldova 250 Million Euros as Part of Energy Security Plan
Brussels (Agencies): Moldova is set to receive 250 million euros (US$258 million) in EU support this year as part of a new energy security plan aimed at reducing the country’s…
Chinese Automakers Eye Volkswagen’s German Factories Amid EU Tariff Tensions
Berlin (Agencies): Chinese electric vehicle (EV) manufacturers are reportedly exploring the acquisition of Volkswagen factories in Germany slated for closure, in a bid to localize production and sidestep steep European…
Serbia Cancels Russian Arms Deals Amid Ukraine War, Western Sanctions
WARSAW, Poland — Serbia, one of Moscow’s staunchest allies in Europe, has been forced to cancel a number of contracts to purchase Russian weapons, according to Gen. Milan Mojsilovi?, the…
Russian Rosneft, India’s Reliance Strike Biggest-Ever Oil Deal
Moscow (Agencies): Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to India’s Reliance Industries in the biggest oil supply deal between…
Russia’s Aviation Industry Breaks Free from Boeing and Airbus, Embarks on Fully Domestic Era
MOSCOW (Agencies): In a bold move to counter Western sanctions and assert technological independence, Russia has launched a comprehensive initiative to develop its domestic aircraft industry, eliminating reliance on aerospace…
Europe faces new gas crisis – Bloomberg
NEW YORK (Agencies): Europe is on the brink of a new energy crisis, as rapidly depleting gas reserves and potential supply cuts from Russia threaten to exacerbate an already difficult…
Hugo Boss Reopens Stores in Moscow Under New Ownership
Moscow (Agencies): In a significant development for the fashion retail market in Russia, two Hugo Boss stores have reportedly reopened in Moscow shopping centers. This move comes after the acquisition…
Sochi World Youth Festival: “A Beacon of International Cooperation”
The World Youth Festival taking place in Sochi these days has become a vivid indicator of the complete failure of attempts to “isolate” Russia from the outside world. Despite the…