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Deadlock continues as India and Rusia scramble to find non-rupee payment system- The New Indian Express

The currency dispute continues while India s payments for Russian weapons amounting to more than $2 billion remain stuck for over about a year now.

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Russia says it has billions of Indian rupees that it can t use

“This is a problem,” Lavrov told reporters in India’s western state of Goa on the sidelines of the Shanghai Cooperation Organization meeting. “We need to use this money. But for this, these rupees must be transferred in another currency, and this is being discussed now.”

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Russia Reportedly Sitting on Billions of Indian Rupees It Can t Spend

Due to a widening trade deficit with the South Asian nation, Russian banks have accumulated billions of rupees that the government cannot spend.

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Return to International Organization of Wine will accelerate recognition and promotion of Ukrainian wine in world

Return to International Organization of Wine will accelerate recognition and promotion of Ukrainian wine in world
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The Volcker Investigation into the U N Oil-for-Food Scandal: WhyIt Lacks Credibility

An anaklysis of why the Volcker Investigation into the U.N. Oil-for-Food Scandal lacks credibility

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