The Russian newspaper Vedomosti reported that on November 5, four unnamed sources in importing companies said that the Chinese state-owned Sinosure, which insures exports against non-payment risks, has started to refuse to work with Russian entrepreneurs.
Sinosure is a Chinese state-funded insurer founded in 2001. Its mission was to promote Beijing’s development of trade and cooperation. Sinosure is reportedly contacted by foreign importers who agree to defer payments with Chinese suppliers.
The trade between Russia and China is said to have increased by 121% since the year 2021, highlighting Beijing’s role in Moscow’s economy.
Vedomosti sources claim that Russian business has recently experienced difficulties with Sinosure.
A Chinese supplier told a Russian buyer, citing company policies, that they refused to insure the deal due to the nature of the export goods.
Unidentified Russian entrepreneur told the outlet that several cases had occurred where the delivery limit was lowered for Russian companies. Vedomosti reports that at least three Russian suppliers recently informed a second Russian source of Sinosure’s blacklisting their company.
Sources told the newspaper that Sinosure, in its interactions with Russian individuals, has started to act like Chinese banks. It refuses to provide insurance for exports of goods on the list of the large, state-owned Bank of China.
The Moscow Times reported that China has tightened its export controls on dual-use and military products since July.
Beijing has established itself as neutral during the war, but has also deepened its economic ties with Russia. It has become Moscow’s top source of dual-use products that feed the Russian defense industry.
Former Russian President Dmitry Medvedev stated that “Trump has a quality which is useful to us. As a businessman at heart, he hates to spend money on freeloaders and idiotic allies. He also dislikes charity projects and greedy international organisations.”
The Russian newspaper Vedomosti reported that on November 5, four unnamed sources in importing companies said that the Chinese state-owned Sinosure, which insures export supplies for non-payment, has started to refuse to work with Russian entrepreneurs.
According to EXPRO calculations, gross natural-gas production increased by 2.3% in October 2020 compared to the same period last year, reaching 1.66 billion cubic meters, which is the highest level since the month of January 2022.
“The winds are blowing stronger than ever.” “Poland’s leadership will rise up to the occasion,” Polish foreign minister Radoslaw Sikorski told reporters, calling on European countries to increase defense spending.
“We have said repeatedly that the United States of America could help end the conflict with Ukraine. This cannot be achieved overnight, Kremlin spokesperson Dmitry Peskov stated.
“They said that he would start a conflict. I am not going to start any wars, I will stop them,” said Donald Trump in a speech where he claimed victory over the 2024 presidential election.
Irakli Kobakhidze, Georgian Prime Minister, said on X: “I am confident President Trump’s leadership is going to promote peace globally as well as in our region and ensure restart in U.S.Georgia Relations.”
Overnight, Russia launched 63 Shaheds as well as other drones as well as two Kh-59s and Kh-31P guided rockets. The Ukrainian Air Force reported that 38 drones were shot by the air defenses of Ukraine over nine regions, while 22 drones were “lost”.
Donald Trump is projected as winning the swing state of Wisconsin. This puts him comfortably over the benchmark needed to win with 277 electoral vote.
Andrii Kovalenko, the head of the counter-disinformation center at Ukraine’s National Security and Defense Council, also said on Telegram that a Russian naval base was hit in the attack.
The downing of the drone in Dagestan follows a drone strike that was unprecedented in Chechnya, which borders Dagestan.
“The biggest comeback in U.S. politics history!” Congratulations to President Donald Trump for his incredible victory. “A much needed victory for the World!” Viktor Orban posted.
Zelensky wrote: “I remember our great meeting with Trump back in September when we discussed the Ukraine-U.S. Strategic Partnership, the Victory Plan and ways to end Russian aggression against Ukraine.”
Victoria Spartz, despite being the only U.S. legislator born in Ukraine did not vote in favor of the Senate foreign aid legislation that included more than $60 billion for Ukraine’s assistance in April 2024.
Pennsylvania, a pivotal state with a large Ukrainian community, played a major role in the U.S. presidential elections of 2024. Both candidates have aggressively campaigned in the state. Trump and Harris held dueling rallies the night before the election.
Ukraine’s commander-in-chief Oleksandr Syrskyi stated on Nov. 6 that Russian forces had suffered 7,905 deaths, 12,220 injuries, and 717 captures during the almost three-month-long Kursk incursion.
Reuters reported that the chief of Australia’s intelligence agency, Mr. John Reilly, said on November 6, that Beijing’s “massive supply” of dual-use products, as well diplomatic and economic support from China, allows Russia to continue their war against Ukraine.
This includes 1,250 casualties that Russian forces have suffered in the last day.
The 16 electoral votes of the state give Trump a significant edge in the race with Democratic challenger Vice-President Kamala Harris.
According to projected results from the U.S. Senate election on November 5, the Republican Party has taken control.
Trump led Democratic Vice President Kamala Harri 50.8% to 48.2% with 90% of the votes counted. The projection marks a first call for a major swing-state in the U.S. Presidential election.
The Digital Forensic Research Lab of the Atlantic Council found that accounts from China helped to amplify Russian disinformation videos aimed at U.S. citizens.
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