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Kremlin called accusations about Navalny’s death boorish and unsubstantiated

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Russian President Vladimir Putin has dismissed the accusations made by Yulia Navalnaya, the wife of deceased oppositionist Alexei Navalny, regarding his alleged involvement in her husband’s death in the penal colony. Kremlin spokesperson Dmitry Peskov labeled Yulia Navalnaya’s statements as “boorish and unsubstantiated.”

“We refrain from commenting. These are entirely baseless and impolite accusations leveled against the Russian head of state. However, given Yulia Navalnaya’s recent widowhood, I will refrain from further commentary,” Peskov remarked. He also dismissed claims of a new poisoning of Alexei Navalny as lacking evidence.

In response to joint demands from European diplomacy chief Josep Borrell and G7 foreign ministers for the release of investigation results into Navalny’s death, Peskov stated there would be no official response. “We do not acknowledge such demands, particularly from Mr. Borrell,” Peskov said.

Regarding the detentions of individuals bringing flowers to monuments dedicated to victims of political repression following Navalny’s death, Peskov emphasized that these actions were conducted within the bounds of the law. “Everything is being handled in accordance with legal procedures. I cannot provide further details,” he stated.

On February 16th, the Federal Service for the Execution of Punishments (FSIN) announced that Alexei Navalny had died in penal colony No. 3, known as “Polar Wolf,” in the Yamalo-Nenets Autonomous District. According to FSIN reports, Navalny fell ill after a walk and subsequently lost consciousness.

RUSSIA

Russia’s federal dudget in deficit again

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Russia’s federal budget has returned to a deficit in 2024 due to increased spending, with the deficit reaching 389 billion roubles in October.

The Russian Finance Ministry announced that the federal budget returned to deficit in the first ten months of 2024, with expenditures exceeding revenues by 220 billion roubles—or 0.1% of gross domestic product (GDP).

According to preliminary data from the ministry, the budget showed a surplus of 169 billion roubles from January to September. Thus, the October budget deficit may have reached 389 billion roubles.

Despite the current deficit, this year’s budget deficit remains lower than in the same period last year, when it reached 1.05 trillion roubles (0.6% of GDP) due to a decline in Russia’s energy revenues following Western sanctions imposed in response to Moscow’s military intervention in Ukraine.

Last month, budget revenues rose by around 4% compared with September, reaching levels similar to October 2023. Ten-month revenues increased 28.4% year-on-year, totaling 29.67 trillion roubles.

Non-oil and gas revenues grew 26.6% year-on-year to 20.13 trillion roubles, while oil and gas revenues climbed 32.3% year-on-year to 9.54 trillion roubles.

The monthly expenditure also continued its upward trend. According to the Ministry of Finance, spending in October increased 23.3% month-on-month and 26.8% year-on-year.

From January to October, the Finance Ministry spent 29.89 trillion roubles, a 23.7% rise from 24.16 trillion roubles spent in the same period last year.

This autumn, authorities approved an increase in spending above the planned 2024 budget rule from 1.3 trillion roubles to 1.5 trillion roubles.

Consequently, the Finance Ministry now forecasts total budget spending for 2024 to reach 39.41 trillion roubles—7.5% higher than initially planned and 21.8% more than last year.

If this forecast holds, an additional 9.52 trillion roubles will be spent in the remaining two months of the year, comprising nearly a quarter of the annual target.

Following this extra spending, the Russian budget is projected to close 2024 with a deficit of 3 trillion roubles or 2% of GDP, marking the third consecutive year in deficit.

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10 billion dollar plan: How Russia’s ‘shadow fleet’ circumvents sanctions?

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Russia has built a shadow fleet at an estimated cost of around $10 billion, now transporting approximately 70% of its oil and oil products on these tankers. This fleet allows Russia to largely evade restrictions associated with the $60-per-barrel price ceiling. Western sanctions targeting individual tankers and their owners have proven largely ineffective in curbing Russian exports.

According to a report by the Kyiv School of Economics (KSE), cited by the Financial Times, the shadow fleet nearly doubled its capacity to 4.1 million barrels per day in June this year, up from 2.4 million barrels during the same period last year. This represents an increase of almost 71%. Crude oil is now carried almost entirely (89%) by older tankers, with an average vessel age of 18 years, while 38% of oil products are transported by these aging ships.

Some of these tankers are insured against oil spills by Russian companies, though most are reportedly uninsured. The KSE recommends the creation of “shadow zones” in European waters, restricting access to tankers that cannot prove adequate insurance coverage. However, the report warns that under current conditions, “a major environmental disaster is only a matter of time.”

The Financial Times also notes that four tankers in the shadow fleet have experienced engine failures over the past two years at critical points, such as the Danish Straits and the Dardanelles. So far, these incidents have not resulted in oil spills.

Western countries have begun imposing sanctions on individual tankers, as well as on their owners and operators. Benjamin Hilgenstock, one of the authors of the KSE report, stated that these sanctions have been effective in deterring some ships from continuing their operations. However, he emphasized that the overall impact on weakening Russia’s shadow fleet has been limited.

In contrast, Craig Kennedy, an expert on Russian oil operations at Harvard University, noted that Russian oil companies often prefer foreign ownership and operators to conceal their connections to shadow fleet vessels. This practice complicates efforts to sanction the entities involved. Kennedy estimates that Russian companies have spent over $10 billion acquiring old tankers since 2022, primarily financed through Russian banks.

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CERN prepares to export Russian scientists

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CERN, the European particle physics laboratory near Geneva, Switzerland, will stop working with hundreds of scientists affiliated with Russian institutions on 30 November unless they move to institutions outside the country.

This date marks the official end of the laboratory’s cooperation with the Russian Federation, following CERN’s decision to sever ties with the Russian Federation following the start of the war in Ukraine in 2022.

But tensions remain among researchers over CERN’s relationship with Russia, as the organisation will continue to work with Russian scientists through an agreement with the Joint Institute for Nuclear Research (JINR), an intergovernmental centre in Dubna, near Moscow, Nature reports.

JINR’s agreement with CERN is separate from Russia’s agreement with CERN. The decision not to cut ties with the lab has divided scientists, with some pointing to the lab’s relationship with the Russian state as it continues its war in Ukraine.

Boris Grinyov, director of the Institute for Scintillation Materials in Kharkov, Ukraine, who represents Ukraine as an associate member of the CERN Council, the organisation’s governing body, argues that allowing JINR scientists to participate in CERN projects was a “big mistake”.

Neither JINR nor the Russian Ministry of Science responded to Nature’s requests for comment. CERN’s agreement is very clear that we carry out peaceful fundamental research,’ said CERN spokesman Arnaud Marsollier.

Russia’s departure could put CERN, which was set up after the Second World War to bring nations together for “peaceful scientific pursuits”, in a difficult position.

CERN began working with the Soviet Union in 1955. Although Russia has never been a full member and its observer status has been suspended, hundreds of scientists affiliated with Russian institutions contribute to independent experiments on the Large Hadron Collider (LHC) particle accelerator.

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