Negotiations between regime, rebels in Kazakh capital will aim to establish definitive borders for ‘de-escalation zones’
A fiscal mechanism unveiled this year, under which the government absorbs all additional revenue when crude is above $40 a barrel, marks a “change in ideology” from the previous mechanism designed to ensure budget stability, according to Deputy Finance Minister Vladimir Kolychev. Given that the central bank is allowing the market to determine the exchange rate, the new approach sets the task of freeing the ruble from oil as the “main goal,” he said in an interview in Moscow.
Saudi Arabia and three of its Arab allies cut diplomatic ties with Qatar on Monday, furious with what they see as the tiny emirate’s tolerant attitude toward Iran and Islamist groups such as the Muslim Brotherhood. The moves by the Saudis, Bahrain, the U.A.E. and Egypt came soon after U.S. President Donald Trump visited the region and joined Saudi Arabia in lambasting Iran for sponsoring terrorism from Syria to Yemen.
In Kazakhstan, the trial on the case of the former head of BTA bank Mukhtar Ablyazov is continuing. He is accused of fraud and theft of more than $ 7.5 billion from the bank.
The Russia-led Eurasian Economic Union (EAEU) and India signed a petition on the beginning of talks to establish a free trade area, a Sputnik correspondent reported Saturday.
World leaders have vowed to press on with the Paris climate deal without the United States. Many US businesses, cities and states also said they would act together to combat climate change.
Although Iran’s raging inflation rate followed a steady decline over the past year, some officials and economic experts suggest that the figure is very likely to hit double digits in the coming months.
Today the former head of Kazakhstan's BTA Bank, Mukhtar Ablyazov, appears on the list of the biggest financial scammers of the 21st century. However, he denies that he stole more than $ 7.5 billion from the bank. He claims that the international criminal case brought against him by the courts of the three CIS countries and several European countries is political pressure. But it is not ruled out that soon a "political affair" will really be launched for him - for organizing extremist activities and financing terrorism in different countries.
Russia on June 2 further relaxed trade sanctions placed on Turkey in the aftermath of the downing of a Russian fighter jet in 2015.
Met police believe all three suspects in London Bridge and Borough Market attack are dead, as Theresa May warns of new threat of copycat attackers