Oil Prices Hit 5-Month Highs
In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Russian President Vladimir Putin has approved the unification of the Crimean Peninsula with the Southern Federal District, previously known as the North Caucasian Federal District, TASS reports.
The motives are not immediately clear.
Russia incorporated Crimea into its territory in March 2014, following what it calls a local referendum where an overwhelming majority allegedly voted to break away from Ukraine.
The move triggered sanctions from the West, with the latter and Ukraine refusing to recognize Crimea's inclusion into Russian territory.
In a subsequent move on Thursday, Putin also dismissed his country's ambassador to Ukraine, Mikhail Zurabov.
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Amid the ongoing war between Russia and Ukraine, the Kremlin has put forward the idea of establishing a "buffer zone" on Ukrainian-controlled territory, a move aimed at safeguarding Russian regions from potential attacks
Cerstin Gammelin, spokeswoman for the German president, conveyed that Frank-Walter Steinmeier will abstain from extending congratulations to Russian President Vladimir Putin for his victory in the perceived fraudulent elections
In a resolute stance against the recent Russian presidential elections held in the occupied Ukrainian regions, the European Union has officially declared its non-recognition of the process
During a press conference at his campaign headquarters, Russian President Vladimir Putin disclosed that the late Kremlin critic Alexei Navalny would have been part of a prisoner exchange with the West
Vladimir Putin has clinched another resounding victory in the presidential election in the Russian Federation, solidifying his grip on power for the foreseeable future
The Russian Patriarch Kirill published condolences on the website of the Russian Orthodox Church yesterday evening regarding the passing of the Bulgarian Patriarch Neophyte
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