Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sheikh Qassem: We, our allies, the honorable in our nation, our people, and our army will never accept being subservient to the US or 'Israel'
Sheikh Qassem: They must despair, for whatever they do, this people cannot be defeated or broken, and we shall neither fall nor yield
Sheikh Qassem: Threats neither advance nor delay matters, yet the possibility of war or its absence exists because 'Israel' and the US are weighing their options
Sheikh Qassem: All these threats are simply a form of political pressure after a whole year of efforts proved ineffective
Sheikh Qassem: 'Israel's' 'servants' in Lebanon are few, but they cause problems by obstructing the country’s stability, growth, and liberation alongside the US and 'Israel'
Sheikh Qassem: Weapons block 'Israel’s' project, and anyone seeking disarmament plays into 'Israel’s' hands
Sheikh Qassem: The agreement came because we held fast, empowered by our vision, our faith, our will, our people, our patriotism, and our unwavering attachment to our land
Sheikh Qassem: People of Might Battle was a confrontation by a modest force, incomparable to the enemy's strength, but it was noble in spirit, brimming with courage, resolve, and unwavering faith in victory
Sheikh Qassem: Today, Lebanon is under an Israeli aerial occupation
Sheikh Qassem: The project of "Israel" came crashing into the defenses of the People of Might Battle

Russia developed financial flexibility in response to sanctions: Orban

  • By Al Mayadeen English
  • Source: Agencies
  • 27 Jul 2024 20:30
  • 1 Shares
3 Min Read

Despite losing the ability to import agricultural products from the West due to sanctions, Russia has become the largest exporter of food products within a few years.

Listen
  • x
  • Hungarian Prime Minister Viktor Orban attends a joint news conference with Russian President Vladimir Putin following their talks in the Kremlin in Moscow, Russia, Friday, July 5, 2024. (AP)
    Hungarian Prime Minister Viktor Orban attends a joint news conference with Russian President Vladimir Putin following their talks in the Kremlin in Moscow, Russia, Friday, July 5, 2024. (AP)

In an interview with the Romanian broadcaster M1 on Saturday, Hungarian Prime Minister Viktor Orban on Saturday dismissed allegations that Russia is an autocracy, that the country has adapted to Western sanctions and shown economic and social resilience.

"Russia has learned lessons since 2014 and not only learned them but also turned them into actions. They carried out the necessary development of the IT and banking sector, so the Russian financial system did not break down. They have developed the ability to adapt," Orban.

The official noted that, despite losing the ability to import agricultural products from the West due to sanctions, Russia has become the largest exporter of food products within a few years.

"When Russia is described as a rigid neo-Stalinist autocracy, it is a lie. In fact, we are talking about a country that demonstrated technical, economic and, as you can see, maybe social flexibility," Orban said.

He further said that the West has called on the entire world to take action against Russia, but instead, support for Russia has gradually increased.

Orban also mentioned that while he was not surprised by the support from China and the DPRK, he was taken aback by the positions of Iran, India, Turkey, and the Muslim world, which now consider Russia a partner.

Read more: Russian economy immune to sanctions: The Economist

Earlier in July, Orban embarked on a "peace mission" tour, visiting Russia, Ukraine, and China, where he met with leaders to present his vision for a peace process.

Sources familiar with the matter told Politico that the EU's legal service informed member states that Orban's actions violated agreements that prohibit any measures "which could undermine the achievement of the Union's objectives."

At the same time, the Hungarian leader is reported to have violated a provision that mandates all members to conduct foreign policy "unreservedly in a spirit of loyalty and mutual solidarity."

His meeting with US presidential candidate Donald Trump while serving as the rotating president of the EU likewise caused controversy among EU members.

Upon completing his visits to China and Russia, European Parliament members asked that Hungary's right to vote in EU elections be taken away.

Prime Minister Orban "has already caused significant damage by exploiting and abusing the role of the Council Presidency," 63 MEPs said in a letter obtained by Politico and addressed to European Commission President Ursula von der Leyen, European Council President Charles Michel, and European Parliament Chief Roberta Metsola.

Read more: Hungary not in 'right reference group' in EU: Finland FM

  • Hungary
  • Viktor Orban
  • Russia
  • Russian economy
  • Sanctions on Russia

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
A boy tries to stand near missiles displayed in the National Aerospace Park of the Revolutionary Guard, just outside Tehran, Iran, Thursday, Nov. 13, 2025 (AP)

Key Israeli sites destroyed, nuclear docs moved to Tehran: Minister

  • Politics
  • 22 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025

Coverage

All
In Five

Read Next

All
National Guard are seen after reports of two National Guard soldiers shot near the White House in Washington, Wednesday, November 26, 2025. (AP Photo/Evan Vucci)
Politics

NG shooting suspect belonged to CIA 'Zero Units' in Afghanistan

This satellite image taken by Airbus DS shows objects on the ground at the Saudi Maternity Hospital in el-Fasher, Sudan (AP)
Politics

Inside the RSF’s brutal campaign against El Fasher’s healthcare

Lebanon urges UN action as 'Israel' builds new walls inside its border
Politics

Lebanon files UN complaint over Israeli concrete walls inside border

UN slams 'Israel' over Gaza torture reports, urges full investigation
Politics

UN slams 'Israel' over Gaza torture reports, urges full investigation

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS