Russia and India to start trade in rupees

India will soon launch trade in rupees with Russia, the head of the Federation of Indian Export Organizations (FIEO) said this week. This comes after the State Bank of India agreed to simplify a new payment mechanism.

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African leader tells US not to ‘punish’ continent

South Africa’s president insists it’s not up to Washington to determine his country’s diplomatic ties South African President Cyril Ramaphosa has urged the US to not “punish” African nations by pressuring them to cut ties with Moscow, pointing to legislation passing through Congress which calls for more US intervention on the continent.

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Russia can declare victory ‘whenever it wants’ – Budapest

Gergely Gulyas, the minister in charge of PM Viktor Orban’s office, says that Moscow has a major advantage over Kiev Given Russia’s clear upper hand in Ukraine, the Kremlin can define what constitutes victory and declare that it has been achieved whenever it sees fit, a Hungarian minister has claimed.

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