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H&M posts $139 mln losses in 9 months 2019-2020

Russia and Switzerland were the only countries showing an increase in revenues among the states of H&M presence

MOSCOW, October 1. /TASS/. Losses of one of the largest international clothing retailers H&M amounted to $139 mln (1.24 bn Swedish krona) in 9 months of 2019-2020 financial year (from December 1, 2019 to August 31, 2020) against the net profit of $1 bn (9.23 bn Swedish krona) earned a year earlier, the company reports.

H&M revenues contracted by 21% to $15 bn (134.48 bn krona), the retailer reports.

Russia and Switzerland were the only countries showing an increase in revenues among the states of H&M presence. Sales in Russia gained 1% to $232.2 mln (2.07 bn krona) in the third quarter (from June 1 to August 31). H&M operates 150 stores in Russia in total. Brands of H&M Group will be available online in Russia from this fall, while Russian online buyers can purchase H&M goods since 2015.

Unfreezing of Russian assets tied to peace process, support for Ukraine — Meloni

The G7 said in the joint statement that Moscow should pay Ukraine for damage, which the World Bank estimates at $486 billion

New Russian proposals call for Kiev’s surrender, says Harris

According to Harris, President Zelensky and the United States share their vision for the end of this conflict. She added that nothing about the end of this conflict should be decided without Ukraine

Detainees in Rostov pre-trial detention center take two employees hostage

According to the department, negotiations are underway to release the hostages

Iran calls on G7 not to link conflict in Ukraine to its relations with Russia

The spokesperson emphasized "Iran's unwavering commitment to human rights"

West’s reaction to Putin’s peace initiative unconstructive, says Kremlin

Ukraine conference in Switzerland risks failing short — Bloomberg

Аgency pointed out that the meeting’s attempts to find a path for a "just peace" may be futile

Colombian president not to attend Swiss conference on Ukraine

According to Petro, the Swiss conference is not "a free forum to discuss the path to peace between Russia and Ukraine."

Documents being signed by Kiev legally null and void — Putin

"It is clear that there is a political and propagandistic component involved," the Russian president said

G7 decision to use seized Russian assets for Kiev’s needs is illegitimate — envoy Antonov

Anatoly Antonov noted that the loan proposed by the G7 for Ukraine is secured by stolen money, and the United States is trying to force its satellites to take responsibility for it.

Peace in Ukraine requires involvement of all parties — Reuters

We, therefore, decided to undertake concrete steps in the future in the above-mentioned areas with further engagement of the representatives of all parties," agency said, citing the draft document

NATO to build three large bases to supply weapons to Ukraine, Orban says

The Hungarian Prime Minister expressed concern that should these bases be built in Poland, Romania, Slovakia and other Ukrainian neighbors they will "become military targets"

Conference on Ukraine in Switzerland is a trial of Russia — lawmaker

The senator noted that the countries participating in the conference know the statements that Russian President Vladimir Putin made on June 14 at a meeting with the leadership of the Russian Foreign Ministry and they are discussing them

Conference in Burgenstock calls for Ukraine’s sovereignty over ZNPP

The communique was not signed by 13 participating countries

Putin congratulates Muslims of Russia with Eid al-Adha

Russian President also underlined the contribution of the Muslim Ummah "to promoting unity of our people and fostering inter-ethnic and inter-faith dialogue in Russia"

Zelensky should think about Putin’s peace proposal, Kiev’s situation’s worsening — Kremlin

Peskov stressed that "every time Putin voices peace initiatives and when attempts are made to enter the political and diplomatic channel, there are certain conditions on the ground, each time they worsen for Ukraine."

Scholz admits peace in Ukraine cannot be achieved without Russia

Scholz went on with the customary accusations of Russia for presumably being the one that failed to engage in the dialogue with NATO and the United States regarding European security

Kiev to get $1.5 billion from frozen Russian assets in July

90% of them will be used to finance Kiev’s military spending, the remaining 10% will be directed for reconstruction

Sweden says Russian military aircraft violated its airspace

The Swedish Armed Forces claim that they had to scramble two JAS-39 Gripen fighters to force the military jet to leave the country’s airspace

Russia will liberate Kremensky district of Lugansk republic in month and a half — lawmaker

According to State Duma deputy Viktor Vodolatsky, after the liberation of the Kremensky district, Russian forces will begin to form a sanitary zone

German politician calls for heeding Putin's initiative for Ukraine

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Trump vows to halt ‘never-ending’ payments to Kiev if winning election

Ex-US President repeatedly stated earlier that he would be able to stop the conflict in Ukraine in case of his return to the White House

Criminals who took hostages in Rostov accused of preparing terrorist act in 2023

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Russia’s strength 'to grow with the Arctic,' says Putin

The Russian president noted that the center of economic development was gradually shifting further eastwards and northwards

No time frame for Putin’s proposal on peace talks but front situation changes — Kremlin

According to Dmitry Peskov, the Russian president has chosen this moment to announce his proposal in view of the conference in Switzerland

Putin made it clear that conditions for peace in Ukraine will be set by Russia — opinion

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France turns down Russian request to hold UNSC meeting on downed plane Wednesday — mission

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Death toll in collapse of stairwell in Belgorod region rises to 5

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New Russian regions not going back to Ukraine, end of story — Putin

"The people of the Kherson and Zaporozhye regions expressed their position in referendums," the Russian president reiterated

Russian Foreign Ministry to implement president's orders to a tee — Lavrov

"Because everyone understands that the fate of our country depends on this, the fate of our people and, to a certain extent, the fate of the whole world," the top Russian diplomat noted

Conference on Ukraine reveals differences in viewpoints — Swiss president

The final communique of the conference was supported by 80 out of 91 participating countries

Putin underscores professionalism, courage of military medics

"I thank all military medics for the highest professionalism, courage, resilience, and constant tenderness," Russian President said

Russian team wins 160 medals during first three days of BRICS Games

The competition will end on June 23

Putin appoints Titov his envoy for relations with international organizations

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Ramaphosa re-elected as President of South Africa for next five years

"Ramaphosa received 283 parliamentary votes", Chief Justice of South Africa, Raymond Zondo said

Canadian patrol boat calls at Havana port

The Canadian ship is moored out of sight and cannot be seen from the embankment

British Navy reports a new attack on a ship off the coast of Yemen

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Russia to give military-technical response if F-16 jets appear over Ukraine — Lavrov

Russia had presented "a very serious demarche" within the framework of the UN Security Council panel "nuclear five" in connection with the possibility of F-16 aircraft being prepared for transfer to Ukraine to carry nuclear weapons

Putin discloses he spoke with Obama amid 2014 coup in Ukraine

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Russia-Egypt Mediterranean drills to strengthen cooperation — top brass

Egypt’s navy was represented by Al-Qadeer frigate

Russian troops approached Kiev in 2022, but no decision to storm city was made — Putin

That was actually an operation to force the Kiev regime into peace, the Russian president explained

Basis of US economy 'cracking' due to government debt, inflation — Putin

"It is an unequivocal problem for all holders of the dollar assets," the Russian president went on to say

Switzerland holds summit on peace in Ukraine, staying away from Russia

As announced on June 14 in Bern, delegations from 100 countries and organizations will gather at the hotel on Mount Burgenstock

Lasting solution to conflict in Ukraine must involve both parties — Swiss conference

"One key question remains: How and when can Russia be included in the process?" the Swiss president said

Russia did not start war in Ukraine, Kiev continues fighting — Putin

"This is aggression," the Russian leader pointed out

United States actively supports unrest in Georgia — Russian diplomat

Maria Zakharova compared two statements made by the US Embassies in Armenia and Georgia about the continuing protests in those countries

Battlegroup Center improves tactical position in 24 hours — Russian Defense Ministry

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Battlegroup West defeats eight Ukrainian brigades in one day — Russian Defense Ministry

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Pentagon not denying report on its discrediting of Chinese vaccines

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Addressing the closing ceremony, Swiss President Viola Amherd admitted that different viewpoints had been voiced during the conference

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"The peace proposals returns not only the peace to Ukraine but also rights of Ukrainian citizens," Viktor Medvedchuk said

Putin slams statements about Russia’s intention to attack Europe as ‘absolute nonsense’

According to the Russian president, it is not Russia that poses a danger to Europe, but its dependence on the US

Document of Ukraine’s surrender to be Russia’s next proposal to Kiev — diplomat

Konstantin Gavrilov said Russian President Vladimir Putin’s proposals were realistic

Russia ranked world’s second largest military power — GFP

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Armenian PM suggests Baku set up mechanism to look into ceasefire violations

On June 13 and 14, Azerbaijan’s Defense Ministry said that Armenian troops had opened fire against Azerbaijani positions

Turkish foreign minister, Putin discuss elections on Syria’s Kurdish areas — Erdogan

The Turkish president said that his country "has already shown how deftly it can expose such games."

Putin’s proposals need to be discussed to save world — diplomat about Swiss forum

Putin put forward new peace proposals seeking to resolve the conflict in Ukraine

Ukraine loses up to 495 troops in Russia’s Battlegroup West responsibility zone

The adversary has also lost three armored fighting vehicles, nine motor vehicles, five howitzers, a self-propelled artillery system and a Grad combat vehicle

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Among the countries that supported the document are includes Switzerland, Turkey, EU countries and the USA

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Vladimir Zelensky said that accepting Moscow’s was tantamount to ceding territories

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Russian sailors meet with Cuban officials, go sightseeing in Havana

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The top Russian diplomat said he is unaware of the US desire to have official communication with the Russian Foreign Ministry

Trump attributes presence of Russian ships at the port of Havana to Biden's weakness

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Participants in Swiss forum on Ukraine may be charged for adopted initiatives — diplomat

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Engagement between both parties needed for peace in Ukraine — Indian foreign ministry

India was represented by Deputy Foreign Minister Pavan Kapoor

Ukrainian troops in Volchansk will soon be trapped in a pocket — Russian lawmaker

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Implementation of Putin’s conditions to mean achievement of Russia’s goal — NATO chief

Jens Stoltenberg has repeatedly said that the alliance cannot decide for Ukraine about acceptable conditions for ending the conflict

Press review: G7 pushes EU to tap Russian assets and BRICS sends strong message to West

Top stories from the Russian press on Tuesday, June 11th

Russia hammers Ukrainian military-industrial sector’s energy sites over week — top brass

Russian air defense forces shot down a Ukrainian MiG-29 fighter jet and two Mi-8 helicopters over the past week, the ministry reported

Ukrainian parliament will not oppose against Zelensky on peace proposals — politician

"They are fully under external control of the collective West," Viktor Medvedchuk said

American Abrams tanks vulnerable even to Soviet-era weapons, says expert

US President Joe Biden announced on January 25 that Washington would hand over 31 M1 Abrams tanks to the Kiev regime

Ukrainian lawmaker says conference in Switzerland was a failure

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About 20 NATO countries involved in conflict in Ukraine — lawmaker

"I believe they are in a state of war with Russia," Sergey Tsekov said

Press review: G7 to tap iced Russian assets for Ukraine loan and BRICS candidates unveiled

Top stories from the Russian press on Friday, June 14th

West to stop Kiev from responding to Putin’s peace initiatives — politician

"So the collective West is losing more than acquiring from the standoff with Russia," Viktor Medvedchuk said

Russia to continue establishing buffer zone until Ukraine stops shelling attacks — Kremlin

Russian President Vladimir Putin said earlier in the day that Russia offers a new peace proposal on settling the conflict in Ukraine

US rejects WTO, puts pressure on competitors — Putin

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Russia makes another real peace proposal to Kiev — Putin

Vladimir Putin emphasized that Russia's plan would mean ending the conflict once and for all, not freezing it

There may be no Ukraine in 50 years due to US betrayal — Tucker Carlson

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Peace process without Russia inconceivable — Swiss president

Amherd said that in Burgenstock, they "will be making that first crucial step. It is up to us to make sure it is followed by a second."

Moscow accepted Ukraine security guarantees formulated by Kiev in 2022 to stop war — Putin

Under that compromise agreement, Kiev agreed to conditions of demilitarization and denazification of Ukraine, the Russian leader said

Hostage takers in Rostov detention center eliminated, hostages safe — authorities

A criminal case has been opened into the hostage taking

Danish F-16’s to be priority target for Russian forces if supplied to Ukraine — MP

Ukrainian President Vladimir Zelensky said earlier after a meeting with Danish Prime Minister Mette Frederiksen that Kiev expects Denmark to supply F-16 fighter jets in the near future

US sends submarine to Cuba as Russian warships visit island

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Israel announces pause in fighting in southern Gaza Strip for humanitarian purposes

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Turkey 90% likely to cede second NPP project in Sinop to Russia

Chairman of the Committee on Energy Pavel Zavalny said that two blocks with two reactors each are planned to be constructed with a capacity of 1,250 MW each

President of Cuba visited Russian warships

"Welcome, friends from Russia," Miguel Diaz-Canel said

Four conditions for negotiations with Kiev: what Putin said at Foreign Ministry

Russia considers Ukraine's neutral, non-aligned, non-nuclear status and the lifting of all Western sanctions as a necessary condition

Cuban President comes to Havana port where Russian ships stay

The event is closed for the press

Some Ukrainian legislators begin to discuss Putin’s peace proposal — Duma speaker

"Actually, according to our information received over the parliament’s channels, some Verkhovna Rada deputies have already begun doing that," Volodin added

Unfreezing of Russian assets tied to peace process, support for Ukraine — Meloni

The G7 said in the joint statement that Moscow should pay Ukraine for damage, which the World Bank estimates at $486 billion

Russia hopes Argentina to keep neutral stance on Ukrainian conflict — ambassador

Dmitry Feoktistov stated that Russia voiced its disappointment over Argentina's participation in the contact group meeting on Ukraine’s military assistance

Kremlin has nothing to say to participants of Swiss summit on Ukraine

The Swiss authorities plan to hold the conference on Ukraine on June 15-16 at the Burgenstock resort

First regiment of S-500 air defense systems to defend Moscow — source

The S-500 will replace the S-400 Triumph air defense system

Harris assures Zelensky US seeks settlement in Ukraine on Kiev’s terms

At a meeting with Ukrainian leader Vladimir Zelensky on the sidelines of the conference in Switzerland, Harris "underscored the United States’ unwavering support for the people of Ukraine."

Houthis claim Verbena vessel attacked by them sinks in Gulf of Aden

Attecked ship "is at risk of sinking in a few hours," the Houthi spokesman said

Georgian Legion POWs say they were trained by NATO instructors — video

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