Korean News Agency: US wants to deter influence of Russia, China in Asia PacificWorld October 25, 6:41
No flights of Russian, Syrian aviation over Aleppo in last 7 days — Defense MinistryWorld October 25, 5:24
Crimea’s integration, ecology to dominate agenda of RPF forum in YaltaRussian Politics & Diplomacy October 25, 4:31
At least 48 people killed in attack at police college in PakistanWorld October 25, 3:50
Patriarch Kirill I to hold major news conference as part of Orthodox media festivalSociety & Culture October 25, 3:12
Medvedev to hold session of Presidential Council on Strategic Development on TuesdayRussian Politics & Diplomacy October 25, 1:49
Moldovan court issues warrant for arrest of opposition figureheadWorld October 25, 1:33
Ukraine’s prosecutor general seen as possible successor to President Poroshenko — MPWorld October 25, 0:23
51 ceasefire violations reported in Syria in past day — Russian reconciliation centerWorld October 24, 23:32
“We will follow the schedule. We will analyze it, and if we see that they’ve failed to meet the terms even though they did everything possible - then we will consider such a possibility (of extending the deadline),” Moiseyev said.
In May, President Vladimir Putin signed a law ordering to establish a national payment system after Visa and MasterCard stopped servicing cards of some Russian banks as part of U.S. and EU sanctions against the country. Soon after the new law was signed, Visa and MasterCard were told to pay deposits amounting to hundreds of millions of dollars.Under the law, the systems must pay security deposits equaling 25% of their average daily turnover to the central bank by October 31 in order to continue operating in Russia, but the deposits can be reduced to zero if the systems find a partner among nationally important card operators.
On August 14, business daily Vedomosti reported citing sources that the central bank may extend the deadline when MasterCard and Visa must pay security deposits as none of them has chosen a partner to process cards in Russia to the beginning 2015 from October 31.