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Recently, financial experts have expressed their opinion about the need to clarify the transit agreement between the UK and the EU, in order to prevent the "exit" of business and jobs from the UK. This dialogue on the possible consequences of Brexit for the United Kingdom, is commented on by Dmitry Leus in our article.

Chancellor Angela Merkel, caught in a bind by Turkey’s bid to silence a German satirist who lampooned President Recep Tayyip Erdogan, said on Friday that her government would allow the case to go forward, but that the outdated law that permits it would be repealed with effect from 2018, The New York Times informs.

Russian President Vladimir Putin’s official income rose by 1 million rubles (roughly $15,000) in 2015, according to an income declaration of property and earnings the Kremlin posted on Friday. It brings his total annual pay to 8.9 million rubles ($133,000), the Interfax news agency reported.

In accordance to the combat training plan, Black Sea Fleet holds training on controlling missile strikes and artillery firing. The training is headed by Black Sea Fleet Commander Admiral Alexander Vitko, the Russian Federation Defence Ministry reports.

Regarding ways out of the current situation, Putin do not intend to use either what Alexei Kudrin is proposing, or any agreements with Saudi Arabia as a foundation. In this respect, Russia should be guided by the anti-crisis plan of the Russian Government and make sure that it is implemented. Russian President said this on April, 14, during the Direct Line.

Putin's 14th annual call-in marathon this Thursday lasted three and a half hours. Russian President fielded some of the 3 million questions submitted by ordinary citizens during the call-in show.

Russian gas major Gazprom has filed a countersuit in a Kiev court against the Ukrainian Antimonopoly Committee. The watchdog has accused the Russian firm of abusing its dominant position in Ukraine's gas transit market and orders it to pay a $3.4 billion fine, RT informs on Wednesday.