Contents tagged with Russia
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Kremlin: Russia to conduct exercises in the Mediterranean on permanent basis
Large-scale navy and air forces exercises "Ocean Shield" will be held on a permanent basis, said the Russian Defense Minister and General of the Army Sergey Shoygu during the conference call on Friday.
In 2018, the joint exercises “Ocean Shield” were held in the Mediterranean for the first time in the modern history of Russia.
"Such exercises will be conducted on a permanent basis," said Shoygu. He stressed that "a large inter-fleet naval group that was created in the Mediterranean is capable …
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Ukraine detains a large Russian cargo ship in the port of Mariupol
Ukraine has detained more than 3 thousand tons of products of the Alchevsk Metallurgical Plant, located on the territory of the Donbas, which is not controlled by Ukraine, stated the Prosecutor General of Ukraine Yuriy Lutsenko on Facebook.
“This is our response to sanctions. In the port of Mariupol, more than 3 tons of products of the Alchevsk Metallurgical Plant, which is under the occupants’ control, were captured. The products were being transported by a ship under the flag of Liberia …
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Medvedev issues a decree to protect Russian companies from sanctions
In a governmental decree published on the website of the Cabinet of Ministers, Russian Prime Minister Dmitry Medvedev ordered measures to alleviate the negative influence of retaliatory sanctions against Russian companies.
“The Ministry of Industry and Trade and the Ministry of Economic Development should ensure a balance of commodity markets and eliminate the negative influence of the special economic sanctions on the activities of Russian organizations,” the document stated.
The new …
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Russia: Ukraine ‘went too far’ with unfriendly steps
The official representative of the Russian Foreign Ministry, Maria Zakharova stated at a press briefing that Ukrainian authorities went too far with their unfriendly steps and provoked retaliatory steps from Russia, TASS reports.
“Russia restrained itself for a long time in order not to take such measures, but the current Kyiv regime went too far, and we cannot ignore such unfriendly steps,” she explained. When asked about a possible negative reaction from the west, Zakharova said, “People …
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New russian MC-21 airliner 50% more expensive than Elon Musk rockets
The project to develop the mid-range MC-21 aircraft, included in the Russian government’s innovative rebuilding of the economy plan in 2008, has become 130% more expensive over the course of its existence, reports finanz.ru.
The completion deadline was missed, and instead of two models, a 300 and a 400, the project was downsized to one, according to a report published by Russia’s Accounts Chamber on Thursday.
During the course of the project, the time needed to develop the plane grew to three …
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Germany and France accuse Russia of the OSCE drone disappearance
According to Ukrinform, Germany and France, as Normandy format participants strongly condemned the downing of the OSCE Special Monitoring Mission drone in Eastern Ukraine on October 27 and accused Russia of being responsible for it.
A joint statement by the two countries in the OSCE Permanent Council of November 1 stated, “Evidence collected by the SMM suggests that Russia and the separatists it backs bear responsibility for the targeting and downing of the LR UAV.” They emphasized that those …
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Kremlin: Russia will need huge military expenses if Georgia joins NATO
The accession of Georgia to NATO, which is expected to take place in 2021, will require “huge” expenses from Russia, stated Andrey Kelin, Director of the Department of European Cooperation of the Russian Foreign Ministry.
According to Kelin, Georgia's decision to become a member of the North Atlantic Alliance is viewed by Moscow as a problem and to resolve it Russia would require additional investments in defense.
“We will have to form a defense zone near Sochi,” Kelin said, adding that "it …
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Russian politician proposes shooting down US planes over Syria
The Russian military may shoot down more than just US-guided drones if there is another assault on its air base in Syria, warned Vladimir Shamanov, head of the State Duma Defense Committee. Russia may even target the American aircraft from which the drones are believed to be controlled.
Shamanov stresses that Moscow’s accusations that Washington attacked the Khmeimim Air Base using drones controlled from a US Poseidon 8 aircraft are based on “reliably gathered information”.
“Next time, this …
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Investors refuse to lend to Russian government
The Russian government continues to struggle to borrow money on the market due to the mass exodus of foreign investors and the reluctance of the major Russian banks to risk US sanctions, finanz.ru reports.
At the auction which was held on Wednesday, the Russian Finance Ministry failed for the second consecutive week to raise the targeted capital through Federal Loan Bonds (OFZs).
Investors were offered 15 billion rubles of 3-year bonds and 5 billion of 11-year bonds, but the budget was only …
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Russia introduces sanctions against Ukraine
The Russian Prime Minister Dmitry Medvedev signed a government decree introducing sanctions against Ukraine.
Based on the document published on the Russian government’s website, the list includes more than 300 Ukrainian citizens and 68 companies.
Starting November 1st, their funds, property and bonds will be blocked in the Russian Federation, and transferring capital out of Russia will be restricted.
The imposition of sanctions is “aimed at countering unfriendly actions against Russian …