Leaders of Russia, Kazakhstan, Belarus and Armenia have signed a treaty that will make Erevan a new member of the Eurasian Economic Union, a free trade zone made up of former Soviet states to rival the European Union.
The recent ratification of the treaty on the Eurasian Economic Union by the Belarusian parliament removed the last doubts about the start of this ambitious project, which involves a market of 170 mn people and $2.7 trillion of combined domestic product.
The US is doing its best to estrange the EU from Russia to get the upper hand in a free trade deal, and also, to manipulate European countries into buying America’s relatively more expensive natural gas.
The worlds’ biggest hotel operator Hilton Worldwide has sold the iconic Waldorf Astoria in New York to a Chinese insurance company for nearly $2 billion, a record for a US hotel. The deal marks the continued Chinese real estate shopping spree in America.
Two Chinese companies will deliver pork to Russia through Kaliningrad and St. Petersburg, as well as two land crossings in the country’s Far East. It is expected to partially substitute for Western supplies halted by Moscow’s food ban.
The US State Department has approved sales of Patriot PAC-3 missile complexes to Saudi Arabia, the US primary ally in the Arab world. At the moment Riyadh operates previous versions of the same air defense missile complexes.
Until the Hamas-Fatah reconciliation, an absence of unity among Palestinians played into Israel’s hands. Israel’s aggression itself pushed the Palestinians to unite, Dr. Curties Doebbler, international human rights lawyer and peace activist, told RT.
Russia’s Duma has ratified an agreement on the Eurasian Economic Union, which will create the largest common market in the ex-Soviet sphere and provide for the free movement of goods, services, capital and labor between Russia, Belarus and Kazakhstan.
Russia’s state-owned nuclear company Rosatom has signed a historic partnership agreement with South Africa to build a large-scale nuclear power plant in the African state and develop collaboration in other areas of nuclear industry.
“Bankrupt” Ukraine has huge sovereign debt and needs reforms to make its association with Europe feasible, but no one is going to pay for it, Anna van Densky, political commentator from the EU Reporter magazine, told RT.