Source Pravda.Ru

Russia now a full-fledged participant in G-8 finance ministers' sessions

Russia is becoming a full-fledged participant in sessions of G-8 foreign ministers, Russian Vice-Premier and Finance Minister Alexei Kudrin told the press upon arrival to Washington.

Alexei Kudrin is staying in the US capital to take part in an autumn session of managing bodies of the International Monetary Fund /IMF/ and World Bank /WB/ and in a meeting between G-8 foreign ministers.

The Russian Foreign Minister stressed that this year the first step towards extending the format of G-8 foreign ministers' meetings was being made. He added that the Russian side was taking part in discussing issues of assistance to the poorest countries and development problems. This is brand new, he said, since "now Russia does not have to make a review of its economy." "Russia is getting on fine, and it's recognised. Taking into account our participation, it is no longer necessary to hear a special report on Russia," the Vice-Premier said.

Alexei Kudrin confirmed that the Russian side would take part in the discussion of the fight against financial feeding of terrorism. In this context he recalled that on Friday the lower house of Russia's parliament approved amendments to the law on money laundering which authorises extra measures in fighting terrorism, including the possibility of blocking and freezing their accounts on suspicion before a criminal case is launched.

The Russian Vice-Premier announced that while staying in Washington he would have bilateral meetings with the US Treasury Secretary and the French Finance Minister.

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?

The World Cup that is about to finish in Russia has shown that the Western propaganda machine has failed to create the image of Russia as a monster with "many tentacles." By and large, the Russians and the Ukrainians are close to each other

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