US gas exports to Lithuania threatens Russian monopoly

For the first time, US export of liquefied natural gas (LNG) to Europe will be delivered to Lithuania, a shot across the bow in challenging Russia’s land-locked pipelines that supply Europe with a third of its total natural gas. The delivery will head to the Baltic country in February, transported by tanker to custom built…

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Western, Gulf states dismiss Russian peace plan for Syria

Russia has proposed an eight-point plan designed to put an end to the crisis in Syria, alleging that it presents Moscow’s vision and ideas, but also that it remains open to alternative proposals in the upcoming peace talks on November 14. The leaked document propose a constitutional reform in Syria lasting for 18 months followed by presidential…

Kazakhstan refutes Russian claim on introduction of common Eurasian currency

Kazakhstan refuted a Russian parliamentary member’s comments that a common currency for the Eurasian Economic Union (EAEU) called evraz is in the works. President Nursultan Nazarbayev’s Press Secretary Dauren Abayev stated that the prospect of introducing a common currency with the Union’s four other members, Russia, Belarus, Kyrgyzstan and Armenia, is not on the agenda.…

Russia concludes deal with Iran for missile defense system

RIA Novosti reported that Russia has concluded a deal with Iran for the sale of long-range missile systems. Russian-owned Rostec chief executive Sergei Chemezov was quoted at the Dubai Airshow stating that the deal for the S-300 surface-to-air missile defense system was already signed. Observers note that the contract has the potential to alter the…

Russia and Kazakhstan in talks with OPEC countries over oil prices

In response to sagging oil prices, the Organization of the Petroleum Export Countries (OPEC) held a meeting in Vienna first time with eight non-member states including Russia and Kazakhstan. Previously, Russia and some other oil producers refused to work with OPEC.  Participation from Russia, Kazakhstan, Mexico, Colombia and Brazil created the hope that they may assist in taking…

Russia Commits ‘Volunteer’ Ground Troops to Syria

The Kremlin announced that Russian “volunteer” forces could soon join forces loyal to Syrian President Bashar al-Assad on the battlefields of Syria. Russia has publicly supported the Assad regime for years and recently amplified its support for the regime through airstrikes purportedly directed at extremist militias in the county. The latest announcement augurs a potential…