Russia Archives - Page 6 of 7

08 May

Buoyant ruble-yuan trade between China, Russia drives dedollarisation

New Delhi, May 6 (IANS) Against the backdrop of Russia cutting its usage of the US dollar, the Chinese yuan and Russian ruble are now the most used currencies in bilateral trade, which was unimaginable even two years ago. The US dollar has stepped down from the altar, and now people can see it more clearly, Global Times, a Chinese mouthpiece, said in a recent article. "If we look at the structure of trade between China and Russia, more than 70 per cent of bilateral trade is settled in yuan or ruble", Anton Siluanov, Russian Minister of Finance, was quoted as…

26 Apr

SCO Defence Ministers Meeting: Rajnath likely to hold talks with Chinese counterpart

New Delhi, April 25 (IANS) India, as the Chair of Shanghai Cooperation Organisation (SCO) in 2023, will host the SCO Defence Ministers' Meeting here on April 28, the Defence Ministry said on Tuesday. Defence Minister Rajnath Singh is expected to hold bilateral talks with his Chinese counterpart Gen Li Shangfu. Before the SCO meet, the 18th round of India-China Corps Commander level talks held on Sunday, but it failed to make headway on the contentious issue of the Depsang Plains and de-escalation along the Line of Actual Control (LAC) in eastern Ladakh. The repeated attempts by China's People's Liberation Army (PLA)…

15 Apr

Ukraine bans its national teams from competing with Russia and Belarus in all sporting events

Kyiv (Ukraine), April 14 (IANS) Ukraine's Sports Ministry has forbidden its national teams from competing in Olympic, non-Olympic, and Paralympic events where Russian and Belarusian athletes will be participating. The sports ministry published a decree, signed by the country's deputy sports minister Matvii Bidnyi, on its website on Friday. "To prohibit official delegations of national teams of Ukraine to participate in international sports competitions in which athletes from the Russian Federation and/or Belarus participate," the ministry's decree read. "The Departments of Olympic Sports, Physical Culture and Non-Olympic Sports, the Ukrainian Centre for Physical Culture and Sports for the Disabled (Invasport) shall…

14 Apr

Sitharaman lists progress on key G20 issues during India’s presidency

Washington, April 14, Finance Minister Nirmala Sitharaman on Thursday expressed satisfaction with the progress on multiple subjects that were discussed at the second meeting of G20 finance ministers and central bankers that took place here under the presidency of India, including the vexatious issue of sovereign debt servicing. Sitharaman said that at a roundtable discussion on debt servicing on Wednesday was "absolutely positive" with all stakeholders, including China, "positively engaged". The first meeting of the G20 finance ministers and central bankers had taken place in Bengaluru in February and because of the lack of unanimity among the members over the Russian…

26 Mar

Xi has succeeded in making Russia more dependent on China

New Delhi, March 26. Russian President Vladimir Putin is turning Russia into, in effect, a vassal state of China. Over time, as the power imbalance in the relationship continues to widen in China's favour, Moscow will find itself less and less able to chart an independent foreign policy or deviate from alignment with Beijing's interests, says Michaeal Schuman, non-resident senior fellow at the Atlantic Council's Global China Hub. That, of course, suits Chinese President Xi Jinping just fine, since he gets greater leverage over Moscow, Schuman said. Both sides got what they wanted out of the summit. Putin continues to benefit…

26 Mar

China-Russia bonhomie ominous for India’s global chip making dream

New Delhi, March 26 (IANS) As the US invests billions in local semiconductor manufacturing to end its dependence on China, the bonhomie between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin can be seen as an effort by Beijing to somehow negotiate on raw materials needed in semiconductor manufacturing. Russia and Ukraine are major producers of two key materials used in semiconductor manufacturing - neon and palladium. Ukraine represents about 70 to 80 per cent of the global supply of neon, while Russia produces about 35 to 45 per cent of the world's palladium supply. For many years, chip…

21 Feb

10-hr train journey to Kiev, details emerge of Biden’s secret trip

Kiev/Washington, Feb 21 (IANS) Several details have emerged of US President Joe Biden's secret trip to Kiev, including the banning of phones during the 10-hour long train journey from Warsaw to the Ukrainian capital, a media report revealed. White House officials have described Biden's unexpected visit to Kiev on Monday as "unprecedented in modern times" as previous presidential trips to wartime Iraq and Afghanistan had the back up of a heavy US military presence, said the BBC report. Biden had been scheduled to fly out from the US to Warsaw on Monday evening, for a two-day trip. "The advance schedule however,…

04 Jan

Russia blames New Year missile attack on troops’ phone use

Moscow, Jan 4 (IANS) Russia has said that a missile attack on New Year's Day in Ukraine's occupied Donetsk area that killed at least 89 soldiers, took place because the troops were using their mobile phones which enabled Ukrainian forces to locate their target. In a social media post on Wednesday, the Russian military said the main cause of the attack that hit a college for conscripts in Makiivka shortly after midnight on January 1 was the presence and "mass use" of mobile phones by troops in range of Ukrainian weapons, despite this being banned, the BBC reported. "This factor allowed…

12 Apr

2+2 focuses on meeting food shortage fallout from Ukraine invasion

New York: While differences on the degree of reaction to Russia's invasion remained, India and the US focused at their dialogue of diplomatic and defence leaders on meeting what could turn out to be its catastrophic fallout: Food shortages affecting the poorest countries. "An equally big worry which is emerging is of food security," External Affairs Minister S. Jaishankar said on Monday at a news conference after the 2+2 meeting."There are concerns across geographies of societies who are importing wheat or sugar or other foodstuff out of the conflict region", he said. "Our countries are working together to try to bring…

08 Jul

Japan urges Iran to keep to nuclear deal

Tokyo: Japan on Monday urged Iran to follow its commitments under a 2015 nuclear agreement with major powers and refrain from taking further actions to undermine it, after Tehran said it had started enriching uranium above the limit set by the deal. "We are deeply concerned about Iran's announcement" on Sunday, Deputy Chief Cabinet Secretary Yasutoshi Nishimura said at a news conference here. "We strongly urge Iran to abide by the nuclear agreement, immediately return to its commitments and refrain from taking steps that would damage the accord."Japan, which has built amicable ties with Iran, has supported the nuclear deal as…