After days of intense negotiations and video conferences OPEC+ and G20 have sealed a deal aimed at tackling the oil market imbalance. Economic analysts have explained how the newly introduced cuts will affect the market in the short- and medium-term. On Sunday, Russia, Saudi Arabia, and the US struck a deal with the world’s petroleum […]
Russian Helicopters and their Mexican partner – the Craft Avia Center announced plans to form a partnership to market the Ansat multi-purpose helicopter in Mexico several years back, with the Mexican side opening a service center earlier this year. The global economic slowdown and coronavirus pandemic has not held Mexico back from taking delivery of […]
Wearing face masks will become a “revolutionary” new norm of life the world needs to get accustomed to, just like it did when learning of cholera in the 19th century and of HIV in the 20th, a WHO coronavirus expert predicted. “Some form of facial protection, I’m sure, is going to become the norm,” not […]
The coronavirus epidemic had scarcely arrived on US shores when the Trump administration declared “war” on it, in the grand tradition of the ‘War on Cancer’ or the ‘War on Drugs’. But these invisible wars don’t end well. President Donald Trump declared war on the “invisible enemy” – Covid-19 – last month, pivoting on a […]
Having bragged repeatedly of America’s energy independence, President Trump must confront the harsh realities of a global oil market no longer able to sustain inefficient US oil producers as he prepares to negotiate with the G20. The global economy struggles to adapt to the one-two punch of reduced oil demand brought on by the coronavirus […]
The initial human volunteers have been selected to test a Russian vaccine against the deadly new coronavirus in trials set to begin in late June. The project’s chief developer is leading by example by taking his place among them. Work on the biological preparation began in February at the Vector Institute, Russia’s leading virology and […]
Since Saturday, 2,186 more people in Russia have tested positive for coronavirus, bringing the nationwide total to 15,770, according to the emergency team in charge of managing the country’s response to the deadly infection. The fresh figure drastically ups the curve, as only 1,667 new cases were recorded across the country the day before.
The US, which is now leading the world in the number of coronavirus deaths, has added another 1,920 to its grim count in the last 24 hours, Johns Hopkins University reports. Earlier on Saturday, the US replaced Italy at the top of the coronavirus death toll chart, surpassing 20,000. Saturday’s nationwide death toll is slightly lower […]
The Organization of the Petroleum Exporting Countries and allied oil exporters led by Russia are reportedly set to hold an urgent meeting on Sunday to clinch a last-minute agreement to save the oil market from further tumbling. The virtual meeting is scheduled for 4pm GMT, the Azerbaijan Energy Ministry confirmed to Russian media. The same […]
While the coronavirus pandemic is wreaking havoc on global trade, cargo volume between Russia and its biggest trading partner, China, is growing, according to the Russian consul general in Harbin, Vladimir Oschepkov. “According to our estimates, the volume of cargo transportation between our countries is gradually increasing,” the diplomat told RIA Novosti.
Saudi Arabia, a major strategic ally of the US, has been at the centre of an oil output cut dispute with Russia that unleashed a price war and sent already-volatile crude prices to their 18-year lows. American senators from oil-producing states reproached the Saudi ambassador in a heated phone call and threatened to rethink diplomatic […]
BERGAMO, Italy – Russian military personnel and Italian military nuclear, biological and chemical experts have jointly disinfected nursing homes in three settlements in Italy’s Lombardy region, the Russian Defence Ministry announced on Saturday. “Russian military experts, together with the military personnel of the radiation, chemical and biological protection unit of the Italian armed forces disinfected […]
Coronavirus has taken lives of more than 100,000 people around the world so far, penetrating into almost every corner of our planet. However, some parts of the world have managed to prevent the active spread of the virus with the help of strict quarantine measures. On 11 April, there was no active cases of coronavirus […]
Three antiviral drugs that can be used to treat COVID-19 were developed in Russia in conjunction with scholars from the Russian Academy of Sciences; the academy’s vice president and head of the biomedical sciences unit Vladimir Chekhonin said. The leading academician stated that the antiviral drug triazavirin was created several years ago at the Institute […]
Lina Rubino, vice-secretary general of the Italian Supreme Court, has thanked doctors from Russia and other countries for their help in combating the ongoing COVID-19 pandemic, in a video message shown at the virtual edition of the St. Petersburg International Legal Forum. “We, Italians, are already experiencing international solidarity. As you may know, Italy is […]