Russia's foreign minister believes that the peace plan offered by the Ukrainian president is "unrealistic" and calls of the US and the EU to persuade Kiev to stop using heavy artillery and airstrikes against the civilian population in the country's east. “We assume that the most important thing is for Washington and Brussels to demand Kiev do the same thing they demand in any other conflict: [...]

Polish closure of its airspace for the plane of the Russian Defense Minister Sergey Shoygu will not go without an "appropriate response" as it caused a "real threat to flight safety," Russia's Foreign Ministry has stated. The diplomatic standoff on Friday took hours [...]

The British government will press other European nations at a meeting in Brussels on Saturday to block Russia from using the SWIFT banking network, Bloomberg reported, in what could be a dramatic expansion of sanctions. The British government will press other European nations at a meeting in Brussels on Saturday to block Russia from using the SWIFT banking network, Bloomberg reported, in what c [...]

Iran's president has condemned as an "invasion" new sanctions on around 30 firms, banks and individuals, imposed by the US amid stalled talks on Tehran's nuclear program. Iran believes Washington's move contradicts earlier agreements. "Sanctions are an invasion of the Iranian nation. We should resist the invasion and put the invaders in their place," Iranian president Hassan Rouhani told offici [...]

Russia doesn't want to escalate tit-for-tat sanctions with the West, but is ready to do whatever is necessary to protect its legitimate interests, including those of national security in all its dimensions, Russia's FM told The Daily Telegraph. Peace in Ukraine can only be attained through a broad national dialogue that includes all regions and its terms cannot simply be dictated by a “govern [...]

The €125 million in emergency EU support to its food producers may not be enough to cover the damage, as some estimates have it more than a hundred times higher. On Monday, the European Commission announced €125 million in emergency funding for European farmers hit by the Russian trade ban [...]

Switzerland has said it will not re-export European agricultural products to Russia that now can't get access to the country's market. “We have had requests from European countries, including the producers of fruits, vegetables, dairy products and meat, but we didn’t give permission to have their products imported to Switzerland and then exported to Russia,” as ITAR-TASS quotes Jurg Jordi [...]

The "right steps” politicians in the West and Russia are now taking against each other are very similar to what was happening before World War I, Latvian MEP Andrejs Mamikinsh warned EC President Jose Manuel Barroso in a letter Tuesday. It’s crucial to stop reciprocal sanctions before they throw people into poverty and ruin the economies altogether, the European Parliament member wrote. [...]

Russia and China plan to increase technology cooperation, with Moscow set to increase exports of software in exchange for data storage, Russia's Communications Minister said. Nikolay Nikiforov, head of Russia's Ministry of Communications, announced via Twitter that Russia and China have agreed to increase the supply of Chinese servers and storage systems and production in Russia, and to boost t [...]

The European Commission said it will provide up to €125 million from Monday till the end of November to compensate food producers coping with Moscow’s food ban. “The exceptional measures announced today will include market withdrawals especially for free distribution, compensation for non-harvesting and green harvesting. [...]

Some European food producers have reportedly asked Switzerland to provide an alternative supply corridor for goods embargoed by Russia. The agriculture import ban imposed by Russia does not apply to Switzerland as it is not an EU member. [...]

MOSCOW: Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, among other things, if the United States and the European Union impose additional sanctions on Moscow, Vedomosti daily newspaper said on Monday. Following Russia’s stand off over Ukraine, western nations imposed sanctions on Moscow including on its financial and energy sectors, and pu [...]

Hungarian Prime Minister Viktor Orban has urged a rethink of the European Union's sanctions policy toward Russia, saying the measures are like "shooting oneself in the foot." “The sanctions policy pursued by the West, that is, ourselves, a necessary consequence of which, has been what the Russians are doing, causes more harm to us than to Russia,” Reuters quoted Orban as saying on the radio [...]

Forget Visa and MasterCard. After the two American credit system payment companies froze accounts without notice in March, Russia has been looking for an alternative in China UnionPay. China UnionPay plans to have 2 million cards in Russia in the next three years. [...]

Russians must consolidate and develop their country, neither sliding into isolationism nor sacrificing their dignity for the sake of pleasing anyone, President Vladimir Putin declared. “We have to develop our country with calm, dignity and efficiency, without barricading ourselves from the outer world or breaking ties with partners, but also without allowing anyone to treat us with disrespect [...]

Some 82 percent of Russians with firm political preferences say they would vote for Vladimir Putin if a presidential poll were to be held on the nearest weekend, according to the latest research by independent pollster the Levada Center. Of all people who took part in the poll, 52 percent said they were ready to vote for Putin. In January 2014, the share of such people was about 29 percent and [...]

Ecuador doesn't need anybody's permission to export agricultural products to Russia, which now has a big gap that needs to be filled after it banned supplies from a number of western countries, said President Rafael Correa. “I want to immediately say that we don’t need to get anybody’s permission to sell products to friendly countries: as far as we know Latin America isn’t a part of the [...]

There is growing dissent in the EU over policies that led to a de fact trade war with Russia. Meanwhile the countries not toeing the line are reaping the benefits, irritating those who jumped on the sanctions bandwagon. Greek members of the European Parliament demanded Sunday that the EU cancel sanctions against Russia. [...]

The Bulgarian government is under enormous pressure from the US to cancel the South Stream project, and so Bulgaria is the place to watch now, Daniel McAdams, executive director of the Ron Paul Institute for Peace and Prosperity think tank, told RT. On August 8, Ukrainian Prime Minister Yatsenyuk announced that Kiev had prepared a list of 172 Russian citizens and 65 companies, predominantly Rus [...]