Kremlin has no plans regarding South Ossetia’s wish to hold a referendum on the matter Moscow respects the will of the people of South Ossetia, but has not taken any legal action after the Caucasian republic’s authorities announced the intention to hold a referendum on joining Russia, according to Kremlin spokesman Dmitry Peskov.
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Washington has eased sanctions on Russian agricultural products, including fertilizers, placed on Moscow over the crisis in Ukraine. The move aims to protect US farmers from a shortage of chemical products as food prices in the country continue to soar.
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Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy Russian gas, as Moscow switches payments to its national currency, Ilya Ilyin, the head of the banking and financial markets analysis department at Promsvyazbank said on Thursday.
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