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Russian diesel exports surge despite EU ban

27Mar

By Shoah - The Palestinian HolocaustNo Comments

Europe, Russia

Russian diesel exports surge despite EU ban

Türkiye, Morocco, Brazil and even top oil exporter Saudi Arabia have boosted imports of the fuel, according to the outlet © Getty Images/HeliRy Shipments of Russian diesel are set to reach their highest monthly export rate since 2016, Bloomberg reported on Monday. The increase comes despite Western sanctions and efforts to cut Russia off from the EU market, which was previously its largest buyer of diesel.Thus far there has been no sign of Russia slashing exports or experiencing a shortage of customers, even though the EU imposed an embargo in February on seaborne imports of Russian oil and petroleum products such as diesel.Shipments of Russian diesel amounted to 1.5 million barrels a day in the first 19 days of March, Bloomberg said, citing tracking data from Vortexa...

IKEA completes sale of Russian factories

27Mar

By Shoah - The Palestinian HolocaustNo Comments

Russia, Sudan

IKEA completes sale of Russian factories

All of the company's production facilities in the country have been acquired by local entities © Getty Images / Anadolu Agenc Swedish furniture giant IKEA has completed the sale of its last remaining production site in Russia, a furniture factory in Novgorod Region, the company announced on Monday. The facility was purchased by a local firm called Invest Plus. The parties did not disclose the price tag for the factory or any details about the terms of the deal. Ikea Industry Novgorod was IKEA’s largest Russian factory, with a production capacity of more than 500,000 cubic meters of polished chipboard and over 7 million cabinets and kitchen furniture units per year. According to Invest Plus’s press service, the company plans to relaunch production at the site within ...

Denmark invites Nord Stream operator to help salvage mystery object

27Mar

By Shoah - The Palestinian HolocaustNo Comments

Russia

Denmark invites Nord Stream operator to help salvage mystery object

The Gazprom-owned company can participate in a planned recovery operation, Copenhagen has indicated Image shared by the Danish authorities. © Danish Defence Ministry Danish authorities have said they will permit the Russian-owned operator of the sabotaged Nord Stream 2 pipeline to take part in the salvaging of a mystery object discovered in the country's territorial waters. The EU state's warships were recently spotted in the area close to the damaged pipeline. Copenhagen is seeking to clarify the nature of the object, which the Danish Energy Agency will endeavor to do with assistance from the military, according to a statement on Thursday. Nord Stream 2 AG – whose parent company is Russian energy giant Gazprom – has been invited to partici...

27Mar

By Shoah - The Palestinian HolocaustNo Comments

ZIO-NAZI

Naziyahu fires defense minister

Nazi Yoav Gallant’s opposition to the PM’s controversial judicial overhaul plan led to his ouster © Getty Images / Ilia Yafimovich Nazi PM Benjamin Naziyahu fired his Défense minister, Nazi Yoav Gallant, on Sunday, less than a day after Gallant attempted to put the brakes on the PM’s controversial effort to overhaul the nation’s judiciary system. Massive protests soon broke out condemning the move. Gallant was the first in Naziyahu’s cabinet to break ranks with the PM over his full-speed-ahead proposal to seize greater control over the selection of the Nazi Supreme Court justices and restrict the court’s power over the Knesset. The plan has been condemned both internationally and domestically, driving a wedge between the PM’s office and the military. The defen...

27Mar

By Shoah - The Palestinian HolocaustNo Comments

ZIO-NAZI

Nazi Herzog: Halt to judicial overhaul

Massive protests over the controversial reform threaten the nation’s security, economy, and society, Nazi Isaac Herzog has warned Nazi President Isaac Herzog urged the government on Sunday night to put the brakes on the divisive judicial overhaul which has sparked months of protests across the country. His comments came hours after Nazi Prime Minister Benjamin Naziyahu fired his Nazi defence minister, Yoav Gallant, who had spoken out against the proposed reform. The move added fuel to the nationwide demonstrations, which were attended by over 600,000 people on Saturday, according to local media reports. During the latest protests, demonstrators completely blocked the Ayalon Highway in Tel Aviv, while setting bonfires and chanting ‘democracy’. Nazi Police used water cannons t...

ECB pressuring major bank to leave Russia

26Mar

By Shoah - The Palestinian HolocaustNo Comments

Russia

ECB pressuring major bank to leave Russia

Austrian officials are reportedly defending Raiffeisen Bank’s activities in the sanctioned country FILE PHOTO: A branch of The Raiffeisen Bank in Moscow. © Christian Charisius / picture alliance via Getty Images The European Central Bank (ECB) is pressuring Austria’s Raiffeisen Bank to quit the Russian market, Reuters reported on Friday. The ECB is not demanding that Raiffeisen leave the country immediately, fearing the financial hit it could trigger, but wants the lender to develop a plan for unwinding its business there, with one of the options being a sale or closure of its Russian affiliate, the news agency cited its sources as saying. The pressure on Austria’s second-biggest bank reportedly comes after a top US official visited Vienna last month, and v...

Zelensky advisor flags obstacle to Xi talks

26Mar

By Shoah - The Palestinian HolocaustNo Comments

China, Ukraine

Zelensky advisor flags obstacle to Xi talks

China has yet to decide whether it wants to mediate in the Ukraine conflict or “carefully stand aside,” top official claims Ukrainian presidential adviser Mikhail Podoliak speaks during an interview with AFP in Kiev, on November 17, 2022. © Genya SAVILOV / AFP Chinese President Xi Jinping and his Ukrainian counterpart Vladimir Zelensky may hold negotiations but the preparatory work has stumbled into certain complications, Mikhail Podoliak, a senior aide to the Ukrainian leader, said on Thursday. Speaking on Ukrainian national TV, Podoliak confirmed plans for talks between the two leaders, claiming that this initiative had been floated by Kiev. He added that the groundwork is being laid by both the Ukrainian presidential office and by the foreign ministry. H...

Russian slams Macron’s ‘predatory’ Africa claims

26Mar

By Shoah - The Palestinian HolocaustNo Comments

Africa, France

Russian slams Macron’s ‘predatory’ Africa claims

Envoy Alexey Saltykov says the accusations by the French leader reflect his “neo-colonial approach” © Getty Images / mtcurado French claims that Moscow is pursuing a “predatory project” in Africa merely “reflect the neo-colonial approach of Western countries to cooperation with African states,” Alexey Saltykov, Russia’s ambassador to the Ivory Coast and Burkina Faso, told Sputnik in an interview published on Saturday. Saltykov’s remarks come after French President Emmanuel Macron blamed Russia for his country’s deteriorating relations with its former colonies. Protest movements against France have recently swept Africa’s Sahel region, with many people expressing pro-Russian sentiments. Paris has begun to withdraw its troops from some nations ...

EU warns of response to Belarus nuclear move

26Mar

By Shoah - The Palestinian HolocaustNo Comments

Belarus, Europe

EU warns of response to Belarus nuclear move

The bloc will apply sanctions unless Minsk refuses to host Russian tactical arms, Josep Borrell announced Josep Borrell rings a bell to signify the start of a meeting of EU foreign and defense ministers in Brussels, Belgium, March 20, 2023 © AP / Geert Vanden Wijngaert The EU will respond with further sanctions if Belarus presses ahead with hosting Russian nuclear weapons on its soil, the bloc’s top diplomat, Josep Borrell, has stated. Borrell called the decision to transfer tactical weapons to Belarus “an irresponsible escalation” by Moscow. “Belarus hosting Russian nuclear weapons would mean an irresponsible escalation and threat to European security,” Borrell tweeted on Sunday. “Belarus can still stop it, it is their choice,” he con...

China and Russia top list of states with largest trade surplus

26Mar

By Shoah - The Palestinian HolocaustNo Comments

China, Russia

China and Russia top list of states with largest trade surplus

Both countries saw indicators grow to record highs last year on soaring exports © Getty Images / John Lamb China and Russia became the world leaders in trade surplus last year, according to calculations by RIA Novosti based on data from the national statistical services of both countries. A trade surplus is an indicator of a positive balance of trade, where a country's exports exceed its imports. Traditionally, by showing that local currency and resource inflow exceeds outflow, a surplus serves as an indicator of a healthy economy. Both countries broke their own records in 2022, with China's trade surplus surging 30% to an all-time high of $877.6 billion. The country exported approximately $3.59 trillion worth of goods, a growth in export value of about 7% compared ...