Russia’s Mighty S-400 Humiliated and Destroyed by 30-Year-Old Missiles
The Ukrainian Armed Forces have dealt a severe blow to Russian military installations in the temporarily occupied Crimea peninsula
Russian Finance Minister Anton Siluanov has announced Moscow and Beijing are to jointly establish a rating agency.
Siluanov explained the new body will first be used for assessing bilateral Russian-Chinese projects, but could later provide services to third countries.
"Many countries would like a higher impartiality in the assessments of rating agencies. In this respect, we have agreed on further cooperation. A Russian-Chinese rating agency will be created which will use the same tools [and] criteria to evaluate investment projects of countries and regions that are used by existing rating agencies," the Minister was quoted by RIA Novosti as saying.
A "number of Asian countries" could be attracted to the project which could ultimately offer them its services, he added.
In his words, the agency will be of "exclusively economic" essence and will be politically independent.
Russia has often criticized international rating agencies such as Fitch, Moody's and Standard&Poor's, which Moscow believes serve US interests around the world.
President Vladimir Putin has personally shed light on the Kremlin's ambitions to establish their "Russian" version.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
In a latest twist to the unfolding saga of political intrigue, the Sofia City Prosecutor's Office has announced charges against former Interior Ministry Secretary General Zhivko Kotsev, implicating him in an alleged criminal group
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022