Source Pravda.Ru

Joint Russian-Norwegian Naval Manoeuvers Begin in Barents Sea

Annual joint Russian-Norwegian naval manoeuvers Barents-2002 have begun in the Barents Sea. According to a Rosbalt news agency's reporter, the objective is to drill joint search for and assistance to ships in distress. Participating on the Russian side are the Federal Border Guard Service, the Northern Fleet of Russia's Navy and some other units.

The manoeuvers are conducted under the agreement for cooperation when searching for and assisting distressed ships signed between the two countries in 1995.

The manoeuvers will continue through August 29.

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

China has allocated $20 billion to restore economies of the Arab states. In addition, China and the Arab countries will create an inter-bank association worth three billion dollars

China weaves financial web to oust Russia and USA from Middle East