President Donald Trump’s embattled national security adviser Michael Flynn resigned late Monday night, following reports that he had misled Vice President Mike Pence and other officials about his contacts with Russia. Mr Flynn’s departure less than one month into the Trump administration marks an extraordinarily early shakeup in the US President’s senior team of advisers. […]
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Oil prices rose more than one per cent on Tuesday after news that the world’s top producers cut production in January more than forecasters had expected just as the dollar sank. “This is very high, a good number,” an OPEC source said of the January compliance estimate. The dollar was down by 0.9 per cent […]
Continue ReadingThe United States President-elect Donald Trump has heaped praises on Vladimir Putin for not immediately retaliating after the U.S. expelled 35 Russian diplomats and imposed other sanctions for allegedly interfering with the presidential election. Trump tweeted his approval after Putin rejected his foreign minister’s proposal to give American diplomats the boot as payback. “I always […]
Continue ReadingRussian President Vladimir Putin has decided not to expel 35 US diplomats from Russia in retaliation for Washington’s latest sanctions against Moscow.In what may be perceived a diplomatic master stroke, he wished President Barack Obama and his family a happy new year and invited the diplomats earlier declared persona non grata and their children to […]
Continue ReadingA Syrian cease-fire backed by Russia and Turkey took effect at midnight Thursday, a move that could prompt a political settlement of a nearly 6-year-old civil war and a dramatic shift in U.S. policy under a Donald Trump presidency. The national cease-fire agreement, announced earlier by Syria’s military, does not cover the Islamic State and […]
Continue ReadingThe CIA has confirmed that Russia intervened in the 2016 election to help President-elect Donald Trump win the US election. The intelligence agency said the intervention was not only to help Trump win, but also designed to undermine confidence in the U.S. electoral system. U.S. intelligence agencies believed that as the 2016 presidential campaign drew […]
Continue ReadingCrude rose above $55 a barrel as rising prospects of a tightening market after last week’s OPEC landmark deal to cut production has given speculators impetus to increase bets on higher prices. Monday’s gains took the rally since the Organization of the Petroleum Exporting Countries’ agreement was struck on Wednesday to 19 per cent for […]
Continue ReadingAn agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring in record trading volumes on Thursday. The Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday its first oil output reduction since 2008 after de-facto leader Saudi Arabia accepted “a big hit” and dropped […]
Continue ReadingA wolf named Zabivaka has been unveiled as the Official Mascot for the 2018 FIFA World Cup in Russia. There could have been no better choice as the wolf’s name means “the one who scores” in Russian. The wolf is said to radiate fun, charm and confidence and was chosen by the Russian public via […]
Continue ReadingAs reported by TASS news agency, some nineteen people have died and three more injured in the Mi-8 helicopter crash landing in Russia’s Yamal. “Rescuers that arrived at the site have entered the damaged helicopter, where they found three people in serious condition. According to preliminary date, other 19 passengers were killed,” the source said. […]
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