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Russia says it shipped 200,000 tonnes of free grain to six African countries

Russia says it shipped 200,000 tonnes of free grain to six African countries

RUSSIA'S agriculture minister said that Moscow had completed its initiative of shipping 200,000 metric tonnes of free grain to six African countries, as promised by President Vladimir Putin in July. Russia shipped 50,000 tonnes each to Somalia and the Central African Republic and 25,000 tonnes each to Mali, Burkina Faso, Zimbabwe and Eritrea, Agriculture Minister Dmitry Patrushev told Putin during a meeting, according to a transcript on the Kremlin's website. Putin had promised to deliver free grain to the six countries at a summit with African leaders in July, soon after Moscow withdrew from a deal that had allowed Ukraine to ship grain from…
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Russia warns the West: we will be very tough if you ‘steal’ our assets

Russia warns the West: we will be very tough if you ‘steal’ our assets

RUSSIA warned the West that Moscow would be very tough if the United States and European Union seized hundreds of billions of dollars worth of Russian assets. After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. The EU on Monday adopted a law to set aside windfall profits made on frozen Russian central bank assets, it said on Monday, in a first concrete step towards the bloc's aim of using the money to finance the reconstruction of…
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World Court dismisses much of Ukraine’s case against Russia

World Court dismisses much of Ukraine’s case against Russia

JUDGES at the top U.N. court found that Russia violated elements of a U.N. anti-terrorism treaty, but declined to rule on allegations brought by Kyiv that Moscow was responsible for the shooting down of Malaysia Airlines flight MH17 over eastern Ukraine in 2014. In the same ruling, judges at the International Court of Justice (ICJ) found that Russia had breached an anti-discrimination treaty by failing to support Ukrainian language education in Crimea after its 2014 annexation of the peninsula. The decisions were a legal setback for Kyiv. The court rejected Ukraine's requests to order reparations for both violations and only…
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Russia condemns US and UK for ‘irresponsible’ strikes on Yemen

Russia condemns US and UK for ‘irresponsible’ strikes on Yemen

RUSSIA condemned the United States and Britain for their military strikes on Yemen, which Moscow said amounted to an irresponsible adventure that risked sowing chaos across the entire Middle East. The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the Iran-backed movement's attacks on ships in the Red Sea since the start of the Israel-Hamas war in Gaza. Russia, an ally of Iran and a partner of key Arab powers, called for an urgent meeting of the United Nations Security Council on Friday to discuss the issue. "We strongly condemn…
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How an election-packed 2024 could swing world markets

How an election-packed 2024 could swing world markets

COUNTRIES making up over 60% of the world's economic output and more than half of its population hold elections this year. Markets face a "ballot box bombshell", financial services group Morningstar says, adding: "Prior experience of this kind of event risk shows big changes can cause sell-offs". Here's a look at the elections that matter for markets, in roughly chronological order for the coming year. 1/ TAIWAN Date: Jan 13 Back story: Taiwan's ruling Democratic Progressive Party (DPP) is competing mainly with the opposition Kuomintang (KMT) for the presidency and legislature. A DPP win would be the third consecutive victory for a…
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Putin says Russia has no plan to attack NATO, dismisses Biden remark as ‘nonsense’

Putin says Russia has no plan to attack NATO, dismisses Biden remark as ‘nonsense’

KREMLIN chief Vladimir Putin dismissed as complete nonsense remarks by U.S. President Joe Biden that Russia would attack a NATO country if it won the war in Ukraine, adding that Russia had no interest in fighting the NATO military alliance. The war in Ukraine has triggered the deepest crisis in Moscow's relations with the West since the 1962 Cuban Missile Crisis, and Biden warned last year that a direct confrontation between NATO and Russia would trigger World War Three. In a plea to Republicans not to block further military aid earlier this month, Biden warned that if Putin was victorious over Ukraine…
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Russia’s FSB says it cracks Ukrainian network planning assassinations in Crimea

Russia’s FSB says it cracks Ukrainian network planning assassinations in Crimea

RUSSIA'S Federal Security Service (FSB), the main successor to the Soviet-era KGB, said that it had cracked a network of Ukrainian agents in Crimea who were involved in attempts to assassinate pro-Russian figures. It said the targets included the Moscow-appointed head of Crimea, Sergei Aksyonov, and a former pro-Russian member of the Ukrainian parliament, Oleg Tsaryov. Tsaryov survived despite being shot twice in an attack in October in Crimea, which Russia annexed from Ukraine in 2014. A source in Ukraine's SBU intelligence agency told Reuters at the time that the shooting was an SBU operation. The FSB said the Ukrainian network…
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Mali signs agreement with Russia to build gold refinery

Mali signs agreement with Russia to build gold refinery

MALI'S military government said it has signed an agreement with Russia to build a gold refinery in the capital Bamako, one of a slew of deals between the two countries as Russia seeks to extend its regional influence. The accord, a non-binding memorandum of understanding, involves building a 200-tonnes-per-year refinery, minister Alousséni Sanou said in an interview on state television broadcast late on Tuesday. The memorandum is valid for four years, he said, without giving a timeline for construction. If built, it would be the West African country's largest gold refinery. "This will allow us not only to control all…
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Russia says first free grain shipments to Africa are on their way

Russia says first free grain shipments to Africa are on their way

RUSSIA'S agriculture minister said that Moscow had begun free shipments of grain totalling up to 200,000 tonnes to six African countries, as promised by President Vladimir Putin in July. In a statement posted on Telegram, Dmitry Patrushev said that ships headed for Burkina Faso and Somalia had already left Russian ports and that additional shipments to Eritrea, Zimbabwe, Mali and the Central African Republic would soon follow. Putin had promised to deliver free grain to the six countries at a summit with African leaders in July, soon after Moscow withdrew from a deal that had allowed Ukraine to ship grain…
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Russia opens terrorist investigation after freight train derailed

Russia opens terrorist investigation after freight train derailed

RUSSIAN investigators have opened a terrorism investigation after a major freight train was derailed due to what they said was a homemade bomb on the railway line in the Ryazan region, the investigative committee said. "According to the investigation, at 07:12 on November 11, 2023, an improvised explosive device exploded," the committee said. "As a result, 19 wagons of the freight train were derailed."
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