Latvian Interior Minister Rihards Kozlovskis (Unity) in Tbilisi met with his Georgian counterpart Georgy Mgebrishvili, and signed a declaration on cooperation between both countries.
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.
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.
Russia on June 2 further relaxed trade sanctions placed on Turkey in the aftermath of the downing of a Russian fighter jet in 2015.
France's President Emmanuel Macron and his Russian counterpart Vladimir Putin on Monday vowed to improve the strained relations between their countries, while admitting to disagreements during talks at Versailles palace described by Macron as "extremely frank".
New collective defence tasks discussed and tribute paid to Zbigniew Brzezinski, an outstanding expert in international relations, at the global security forum
Minister of Foreign Affairs of Lithuania, Linas Linkevičius, said at the global security forum GLOBSEC that NATO had to maintain its ability to adapt to new challenges and focus on its main task, collective defence; the success of the Alliance would depend on that in the future.
The president has seemed less at ease among his fellow world leaders in group settings than he is in one-on-one encounters.
The proposed cuts would reduce the UN peacekeeping budget by more than $1 billion USD.
A selection of experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
Amid persistent doubts over some pockets of the banking system, European Commission Vice-President Valdis Dombrovskis, urged reluctant member states to accept the EU proposal to set up a common deposit guarantee scheme.