Skip to main content

Posts

Showing posts with the label Russia

Russia to rejoin Ukraine grain export deal

Russia has announced that it will participate in the Black Sea grain initiative that was brokered in July by the UN and Ukraine to ease the global food shortages and the price hike. Russia had withdrawn from the deal after accusing Ukraine for attacking Black Sea Fleet in Crimea.  UN  Secretary-General Antonio Guterres warmly welcomed Russia decision to end suspension from Ukraine grain deal. He said, "he was grateful for the 'diplomatic efforts' of Türkiye, 'and thanks the UN Coordinator, Amir Abdulla, and his team for their work to keep this vital food supply line open.” Secretary-General @antonioguterres warmly welcomes the announcement from the Russian Federation on its resumed participation in the implementation of the Black Sea Grain Initiative. 👇👇 https://t.co/G6Aq5p2zkU — UN Spokesperson (@UN_Spokesperson) November 2, 2022 The deal, brokered among the UN, Russia, Ukraine and Türkiye, was signed to allow grain, oil and other foodstuffs to leave the war-torn...

India takes advantage of Canadian discounted crude oil

India has increased its purchase of crude oil from Canada. This new development is the result of the price drop in the Canadian oil price. Over 3 million barrels of crude grade produced in oil sand of Alberta will be arriving in India next month. Canada has come up with the widest discount on crude oil price in nearly four years. The decline in the price is believed to have been caused by the lesser demand from the US Midwest. India saw this as an opportunity to take advantage of the situation amidst Western sanctions against Russian crude oil, which expected to be tightened further in few weeks. In light of tightening wester sanctions, some Indian refineries have put on hold the purchases on Russian crude oil for time being. However, India had raised its oil import from Russia ever since the war broke out in Ukraine. Post which Russia became third largest supplier to India. India's Petroleum Ministry has said that it will look into price cap proposal by G7 nations, although it is ...

Top companies plan exit from Russia amidst war crisis - Nissan, Mitsubishi, Toyota

Nissan Motor Co Ltd, the Japanese automaker, will transfer its share in Nissan Manufacturing Russia LLC to state-owned NAMI for just 1 euro - a loss of   around US$ 687 million. As per the local media, the company's partner  Mitsubishi Motors is also considering its exit from Russia.  While Toyota had earlier spoken about leaving the country, Mazda Motor was in talks with its local partner Sollers to end its production. Nissan's exit from the Russian market makes it a major global company to leave the country after the war broke out in February this year. In May, the French automaker Renault, 43% shareholder in Nissan, had sold majority of its stake in state-owned automobile manufacturer  Avtovaz to a Russian investor.  Russian industry and trade ministry said that Nissan will have the right, as part of the deal, to buy back the shares within six years. It also added, that the deal includes the sale of production and research facilities in St Pete...

Russia-Crimea bridges blown up by explosion, truck bomb suspected

Saturday morning, the parallel rail-road Kerch bridges connecting Russia and Crimea were blown up by a massive explosion. The bridges are considered strategic and crucial to the supply-chain between both the sides. Moscow was also using it to send war equipment and military troops to attack north Kherson of Ukraine.   Russia has blamed a truck bomb attack for the damage. While Ukraine said that it is just the beginning. However, it is believed that the explosion was caused by a fuel tanker blast.  The local security video footage shows railway carriages and part of the rail bridge engulfed in flames. Part of road bridge collapsed due to the impact of the explosion.  The kerch bridges are the only rail-road link between Russia and Crimea. Russia had annexed Crimea from Ukraine in 2014 and subsequently built the bridges in 2018.  This incidence is a big blow to Russia, while for Ukraine, it is an occasion of celebration.   इस कहानी को हिंदी में पढ़ें Wat...

A gunman opened fire killing over 13 and wounding 21 others at a Russian School

A gunman has killed over 13 people while injuring around 21 others at a Russian school, Izhevsk. In the open fire, seven of around 1000 children were killed.  The gunman also killed two security guards and two teachers as reported by Russian officials. After committing the crime, the shooter has reportedly killed himself, leaving everyone clueless about his motives. Although unidentified, he was wearing black t-shirt with Nazi symbols. All the students and staff members have been evacuated from the premises of the school buildings. The local authorities have announced a mourning period till September 29.   Although, such incidents are quite common in US, it is not so in Russia. However, in the recent years there have been rise in school shootings in the country.  इस कहानी को हिंदी में पढ़ें Watch Video: 

Mobilization order creates disorder in Russia: Protesters on street

The recent announcement of partial mobilization by Russian President Vladimir Putin has led to a large protests in the country. People have taken to streets, demanding for the reversal of the order. Hundreds have been arrested all over the country. However, the parliament has supported Putin's plan on mobilization. Panic and chaos have created disorder in Russian cities. The jailed main opponent of Putin, Alexei Navalny said in a video statement during his court case, "This will result in a massive tragedy, in a massive amount of deaths." He further added, "In order to keep his personal power, Putin is tormenting a neighbouring country, killed people there and now is sending a huge quantity of Russian citizens into this war." Navalny also called Russia-Ukraine war a "Criminal war." Opposition called for protest all over Russia after Putin signed the order of partial mobilisation of 300,000 reservists for the ongoing war. This is the first mobilization ...

Tens of thousands of Czechs protest over rising inflation, 17.5% since 1993

On saturday, nearly over 70 thousand people thronged at Wenceslas Square in Prague, the Czech Republic to protest against the rising inflation and energy prices in the country. The protesters are demanding the government to control gas and electricity prices and ensure direct contracts with gas suppliers including Russia. They also opposed European Union and NATO, while voicing that Czech must be neutral militarily. The protesters demanded that the Prime Minister Petr Fiala must resign from the post, condemning his coalition government for its western-oriented policies and number of other issues.  On the other hand, Fiala, whose government lately survived no-confidence vote, is blaming pro-Russian for instigating this protest. He is of the opinion that people, who are pro-Russian and are against the interests of the Czech Republic, are trying to cause political instability in the country.  The country has been witnessing for the first time the worst cost of living in the ...