American and German inspectors will make observation flights over Russia and Belarus within the framework of the international treaty on Open Skies. The mission is set to verify the true position of Russian troops and military equipment.
Six Russian Sukhoi-27 fighter jets and three transport planes have been deployed at Bobruisk airfield in Belarus. Earlier this week Belarus President Aleksandr Lukashenko invited Russian forces to fend off potential NATO threat.
Belarus will request Russia to deploy up to 15 extra warplanes on its territory, as NATO is building up military presence in proximity to the Belarusian borders, President Aleksandr Lukashenko announced.
The National Bank of Kazakhstan has devalued the tenge by 18.9 percent, as the Russian ruble keeps on hitting new lows against the dollar. Weakness in emerging markets is increasing, with experts warning more devaluations across the region could follow.
A CNN list compiling the 'world’s ugliest monuments' has been decried as 'sacrilege' in Belarus for including the country’s most important World War II monument. CNN apologized for the offense caused by the list, which it ascribed to a “contributor.”
The new owners of Russian potash producer Uralkali are to resume cooperation with Belaruskali of Belarus, which means the cartel that used to control about 40 percent of world potash exports will be back.
Belarus has extradited Uralkali CEO Vladislav Baumgertner to Moscow after being held hostage in Minsk in the so-called "potash war". This could mean the re-birth of the cartel controlling 40 percent of the $20 billion world fertilizer market.
Russian billionaire Mikhail Prokhorov’s investment arm ONEXIM has bought Suleiman Kerimov’s 21.75 percent stake in Uralkali, which could bring an end to the Russia-Belarus ‘potash war’ and the release of the company’s CEO being held hostage in Minsk.