The number one crude oil exporter, Saudi Arabia, has projected a $39 billion deficit in 2015. The impact of lower oil prices, along with the decision not to cut production, is putting pressure on the country’s finances. The figure was part of the endorsed 2015 budget, which was made public in a statement read out on state-run television on Thursday. [...]

The Russian Lower House speaker wants to instigate an international investigation into the 1945 nuclear bombing of Hiroshima and Nagasaki by the US military - a possible crime against humanity with no statute of limitation. “Next year we will have the 70th anniversary of the Nuremberg Trial and also the same anniversary of the first and only nuclear bombings of two civilian cities – Hiroshi [...]

Over 100 descendants of the Russian nobility residing outside the country have addressed European nations with a call to stop irrationally alienating Russia and give an unbiased appraisal to the current Ukrainian crisis. The open letter written by Prince Dmitry [...]

China's foreign minister has pledged support to Russia as it faces an economic downturn due to sanctions and a drop in oil prices. Boosting trade in yuan is a solution proposed by Beijing's commerce minister. “Russia has the capability and the wisdom to overcome the existing hardship in the economic situation," Foreign Minister Wang Yi told journalists, China Daily reported Monday. [...]

A former French airline CEO Marc Dugain claims that the US may have shot down Malaysian Airlines flight MH370 and then covered it up, adding to a rash of conflicting theories about the missing plane. In a six-page article published by French weekly Paris Match, Dugain claims that the Boeing 777 may have got into trouble and as it was approaching the US military base on the British territory of [...]

Among the six European states participating in the poll questioning EU membership, the British appeared most certain of all that they want to leave the union with only 37 percent against breaking ties. The French OpinionWay poll showed that 42 percent of British respondents want to leave the EU, while 37 percent are for staying in the union and the rest 21 percent are not sure of the answer, Le [...]

Russia is going to maintain its security "consistently and rigorously," President Vladimir Putin has said. And despite NATO's military buildup close to Russian borders, the national military doctrine will remain solely defensive, he said. The Russian president made the comments in a speech at the Ministry of Defense meeting at the newly established National Defense Control Center in Moscow. [...]

The US is behind the current drop in oil prices as it is aiming to undermine the economies of large petroleum producers Russia and Venezuela, Bolivian President Evo Morales told RT. In his interview with RT’s Spanish-language channel, Morales said that it’s was “a pity” that Washington remains on a “wrong course” by continuing to use sanctions against its political rivals. [...]

The Ukrainian issue has intensified the tension that existed between the West and Russia: now, another Cold War is possibly lurking on the horizon. Are we to witness another stand-off - or will it be averted? The relations between Russia and the West seem to be stuck at dead-end, so is there hope common ground will emerge between the two? We ask these questions to the man who prides himself on [...]

Hezbollah leader Hassan Nasrallah has rejected "Israel's threats of war on Lebanon," saying it is fully prepared to defend the country, while an Israeli MP said in the event of war the IDF would return Lebanon "to the Stone Age." Addressing a mass gathering of Lebanese Shiites celebrating the Islamic holy day of Asura in the southern suburbs of Beirut, Nasrallah warned Israel of the consequence [...]

Bulgaria is ready to issue all the necessary permits for the construction of the South Stream pipeline, according to Prime Minister Boyko Borisov. He said it will up to Gazprom whether the pipeline is built or not. Borisov said he has the full support and understanding of the European Union and that Bulgaria is not in the wrong and should not suffer financial consequences for stopping the proje [...]

Tycoon Alisher Usmanov has become the first Russian businessman to bring the controlling stakes of his key assets, mobile phone operator Megafon and iron ore producer Metalloinvest, back to Russia, after President Putin urged companies to de-offshore. "This step is related to the announcement by President Vladimir Putin of pursuing the de-offshorization of the Russian economy and the introducti [...]

Two attempted terrorist attacks on the Crimean Prosecutor's Office have recently been prevented by members of the local People's Guard. So-called "prosecutie" Natalia Poklonskaya has also had previous threats. Two members of the guard prevented a couple of terrorist attacks that could have led to multiple casualties at Poklonskaya’s office, Rossiyskaya Gazeta newspaper reported Friday. [...]

Even facing what under any circumstances is a perfect storm; President Putin delivered an extremely measured performance at his annual press conference and Q&A marathon. The perfect storm evolves in two fronts; an overt economic war – as in siege by sanctions - and a concerted, covert, shadow attack to the heart of the Russian economy. [...]

Pope Francis has congratulated both the US and Cuba on restoring relations, as the Vatican together with Canada were confirmed to have played a significant role in the talks which broke 50 years of cold. The Vatican said that it was a key player in negotiations between the two countries, “resulting in solutions acceptable to both parties.” [...]

The European Parliament has adopted a resolution recognizing Palestinian statehood in principle. A total of 498 MEPs voted in favor, while 88 were against. A parliamentary session in Strasbourg on Tuesday could not decide on the matter, opting for further negotiations, but on Wednesday the European Parliament eventually adopted a resolution that “in principle” grants the troubled region sta [...]

The Russian currency remains volatile Wednesday, after it suffered its own "Black Tuesday" losing about 20 percent during the day. It had been a rollercoaster morning, with the ruble falling on the opening of Wednesday trading, and within 40 minutes rebounding, only to relapse later in the morning. [...]

The EU General Court has ordered that the Palestinian militant group Hamas be removed from the bloc's terror blacklist. The move comes over four years after Hamas appealed its terror designation before the EU. The European Union first banned Hamas’ military wing, the Izz a-Din al-Qassam Brigades, in 2002, though the organization’s social and political divisions were not put on the terror li [...]

Direct trade between India and Russia in rough diamonds is a diplomacy gem which was a Russian initiative buttressed by some quick decision-making by Prime Minister Narendra Modi. The matter has been under discussion through the diplomatic channels between the two countries for quite some time and came up in a brief discussion between visiting Russian President Vladimir Putin and Modi during th [...]

US stock futures fell along with shares in European companies exposed to Russia, as the ruble and crude oil slid to new record lows on Tuesday. The Russian ruble lost over 20 percent against hard currencies on Tuesday. At its worst the ruble plummeted to 75 against the US dollar, and traded at almost 100 to the euro on the Moscow Exchange. [...]

An overwhelming majority of Russians named President Vladimir Putin "€˜Man of the Year"when pollsters asked them to choose from among serving Russian politicians. The latest research conducted by an independent Russian pollster Public Opinion Foundation (FOM) showed that 68 percent of Russian citizens consider Putin worthy of the title. [...]

The program imposed by the EU on Ukraine to diminish its alleged economic dependence on Russia is pushing this unstable country into a full scale crisis, Russian Prime Minister Dmitry Medvedev writes in a newspaper article. The PM emphasized that the planned economic cooperation between Ukraine and the European Union looks very much like neo-colonialism. [...]