Russia and the Philippines signed a contract for the supply of RPG-7V grenade launchers and ammunition, TASS reports.

The document was endorsed by the General Director of Rosoboronexport, Alexander Mikheev and the Secretary of National Defense of the Philippines, Delfin Lorenzana. The contract was signed in the presence of Russian Defense Minister Sergey Shoygu, although the details of the agreement have not been disclosed yet.

Shoygu and Lorenzana also signed an agreement on military- …

German authorities do not recognize the Russian annexation of the Crimea peninsula. German companies will not work in this territory, German President Frank-Walter Steinmeier stated, as reported by the newspaper Kommersant.

"This fact, of course, has consequences for German companies’ activities both directly in the Crimea and in connection with it. German companies won’t work there. Besides, concerning Siemens, the existing agreement was violated and, therefore, the investors have lost …

Russian President Vladimir Putin announced that Russia is gradually moving away from the compulsory military service model, and will abandon it completely “sometime later”, RIA Novosti reports.

“We should bear in mind that we are gradually moving away from compulsory service in general,” the president said, adding that this process is taking place more slowly than planned due to budgetary limitations.

“But we are still working and will continue to work to ensure that it won’t be long before …